The United States Senate’s passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act marks a significant step towards regulating the stablecoin sector. Following a procedural vote on May 20th, the bill, which aims to establish clear…
The market for yield-bearing stablecoins has experienced explosive growth, surging to $11 billion in circulation—a 4.5% share of the total stablecoin market. This represents a significant increase from just $1.5 billion and a 1% market share at the start of…
Bitcoin Suisse, a prominent Swiss crypto financial services provider, is expanding its operations into the Middle East. The firm received in-principle approval (IPA) from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) for its subsidiary, BTCS (Middle…
Bitcoin’s price surge continues, exceeding $108,000 for the first time since January, marking a 14% increase since May 5th. This rally follows a broader market upswing, pushing the total crypto market capitalization above $3.36 trillion—its highest since February 3rd. The…
Bold Technologies, a subsidiary of Bold Holdings based in Abu Dhabi, has partnered with My Aion, an international AI firm, to launch a $2.5 billion smart city initiative. This initiative, called Aion Sentia Cognitive City, aims to transform urban infrastructure…
Bitcoin surged to over $108,000 on May 21st, 2025, reaching its highest point in four months and nearing its all-time high. This significant price increase has spurred considerable discussion among traders and analysts regarding Bitcoin’s future trajectory. While some support…
Crypto.com, a leading mobile-first crypto exchange and payment platform, has secured a Markets in Financial Instruments Directive (MiFID) license, enabling it to offer cryptocurrency financial derivatives within the European Economic Area (EEA). This follows its earlier in-principle approval for operation…
South Korea is implementing stricter regulations for its cryptocurrency market, aiming to balance innovation with risk mitigation. New rules, effective June 2023, govern both nonprofit and exchange cryptocurrency activities. Nonprofit organizations can now sell cryptocurrency donations, but only after meeting…
SEC Commissioner Hester Peirce clarified that many NFTs, including those with royalty mechanisms for creators, likely fall outside federal securities laws. Her statement emphasizes that the ability of artists to earn resale revenue doesn’t automatically classify an NFT as a…
Theta Capital Management, an Amsterdam-based firm, has successfully raised over $175 million for its latest fund-of-funds, Theta Blockchain Ventures IV. This fund will specifically support early-stage blockchain startups by investing in specialized venture capital (VC) firms with a proven track…
