On May 22, 2025, the founder of TRON, Justin Sun, caused a commotion by participating in a private presidential dinner party held by President Donald Trump in Virginia. The elite event was only accessible to the top 220 holders of the $TRUMP memecoin, a cryptocurrency established by Trump earlier this
Large banks venture into digital currency to remain competitive within the new crypto-financial environment. In a dramatic change of strategy, top US banking institutions JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and others are said to be in preliminary talks to issue a jointly created stablecoin. As quoted by
Four new cryptocurrency Bills Named 4510, 4511, 4512, and 4513 were introduced in the Michigan legislature, as of May 23. The introduction of the new bill marks the combined effort to define the approach of state to cryptocurrency. Representative Bill Schutte introduced House Bill 4510 and it is focused on
Making significant steps for crypto-based investment instruments, the U.S. Securities Exchange Commission (SEC) has officially affirmed a filing by Canary Capital for the launch of a staked TRON ETF. This initiative paves way to regulatory inspection and public remarks, improving beliefs that staking– a common feature in Decentralised Finance– may
The recent gala dinner hosted by the 47th President of the United States, Donald Trump, for his $TRUMP memecoin failed to spark a price rally for the Official Trump (TRUMP) token. However, it has ignited a new trend: the emergence of themed cryptocurrencies associated with high-profile events and personalities. The
Braza Group has officially launched USDB, a new USD-pegged stablecoin issued on the XRP Ledger (XRPL), bringing a secure and cost-effective digital currency option to individuals and businesses in Brazil. The announcement, made on May 22, 2025, marks a significant leap in the company’s mission to modernize financial services and
Strategy, formerly MicroStrategy, the software company turned crypto giant, is making waves again. With Bitcoin (BTC) reaching an all-time high of $111,861, the company is set to post a massive $22.7 billion gain in Q2 2025, the largest quarterly profit in its history. This explosive growth could position MicroStrategy for
The native token of Huma Finance, HUMA, is going to have its official debut on Binance Alpha on May 26. On May 26, Binance confirmed through an announcement that HUMA will be registered on Binance Alpha. Binance Alpha is an early access section of the platform that demonstrates trending and
Tether’s withdrawal of USDT, the world’s most actively traded stablecoin, from the European market in response to MiCA regulations has created a humongous $150 billion liquidity gap. This sudden withdrawal has presented an opportunity for Ripple’s RLUSD to take dominance. The EU’s MiCA regulation that came into force in December
The Ministry of Finance of Pakistan has recently publicized a dedicated body which will be responsible for regulating blockchain-based financial infrastructure in Pakistan. On May 21, a state-owned broadcaster, PTV reported that the regulatory body is said to be the Pakistan Digital Assets Authority (PDAA) and it will oversee license
