Gemini’s “State of Crypto” report reveals the UK’s leading position in cryptocurrency ownership growth in 2025, surpassing even the United States. The report, based on a survey of 7,200 adults across various countries, highlights a significant year-over-year increase in UK…
Circle Internet Financial, the entity behind the prominent stablecoin USDC, is making a significant move into the public market. The company announced on May 27th its intention to launch an initial public offering (IPO) of 24 million shares of its…
Bitget, a cryptocurrency exchange, has launched BGUSD, a yield-bearing stable asset designed to offer investors a 4% annual yield, credited daily. Unlike traditional stablecoins, BGUSD is backed by tokenized real-world assets, primarily US Treasury bills and high-grade money-market funds, managed…
Metaplanet, Asia’s leading Bitcoin treasury firm, is acquiring Bitcoin at a substantial premium. A May 27 report from 10x Research reveals that Metaplanet’s stock price implies a Bitcoin value of $596,154, over five times its actual market price. This represents…
Luxembourg’s 2025 National Risk Assessment (NRA) designates virtual asset service providers (VASPs) as high-risk entities for money laundering. This classification stems from a detailed analysis of factors including transaction volume, client reach, distribution channels, legal structures, and the international nature…
Blockchain.com is expanding its African operations, focusing on nations developing crypto regulations. The UK-based exchange will establish a physical office in Nigeria during Q2 2025, its fastest-growing West African market. Further expansion is planned for Ghana, Kenya, and South Africa.…
Central banks are exploring blockchain technology due to the ongoing digital transformation of financial systems. The tokenization of assets like money-market funds and government bonds is driving this exploration. Currently, 134 jurisdictions are investigating or piloting central bank digital currencies…
Thailand is modernizing its financial system to incorporate digital assets, starting with a pilot program allowing tourists to spend cryptocurrency via credit card-linked platforms. This initiative, announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, will enable tourists to…
Former CFTC Chairman Christopher Giancarlo, known as the “crypto dad,” has joined Sygnum, a Swiss digital asset bank, as a senior policy advisor. This appointment, announced May 27th, adds Giancarlo to Sygnum’s Advisory Council, bolstering the bank’s regulatory expertise as…
China hosted the world’s first humanoid robot fighting competition, the CMG World Robot Competition, featuring four teams and their Unitree G1 robots in a globally live-streamed event. The competition, detailed in a May 26th report by the Global Times, showcased…
