Latest News and Articles about Digital Assets
Smarter Web Company Boosts Bitcoin Holdings by £1.85M, Joins Institutional Adoption Race
The UK-listed Smarter Web Company Boosts Bitcoin Holdings with £1.85M Buy The Smarter Web Company PLC has boldly increased its Bitcoin investments, purchasing an additional 23.09 BTC valued at £1.85 million. This move brings their total holdings to 58.71 BTC, aligning with their “10 Year Plan” to integrate digital currencies into their treasury strategy. Is […]
Read MoreKentucky’s Bitcoin Mining Bust: AI Data Centers Offer New Hope Amid Skepticism
Kentucky’s Bitcoin Boom Has Gone Bust Kentucky’s once-promising bitcoin mining industry has hit hard times, leaving local communities seeking new economic opportunities in AI-powered data centers. Despite the setbacks, there’s a glimmer of hope that both bitcoin mining and AI could revitalize the region, though skepticism remains due to past industrial promises. Bitcoin mining in […]
Read MoreKazakhstan Aims for Digital Asset Hub Status, Thailand Launches G-Token for Retail Investors
Kazakhstan and Thailand Forge Ahead in Digital Asset Innovation Kazakhstan aims to become Central Asia’s digital asset hub, lifting trading restrictions and implementing favorable policies, while Thailand plans to issue G-Token, tokenized government bonds aimed at retail investors. Kazakhstan targets Central Asia’s digital asset hub status. Thailand introduces G-Token for retail investors. Both initiatives reflect […]
Read MoreASIC Challenges Block Earner’s Crypto Yield Ruling in High Court Showdown
ASIC Appeals to High Court Over Block Earner Crypto Yield Product Ruling The Australian Securities and Investments Commission (ASIC) is taking its fight against fintech company Block Earner to the High Court, challenging the Full Federal Court’s ruling that Block Earner’s “Earner” product is not a financial product under Australian law. This legal battle could […]
Read MoreCFTC Faces Leadership Crisis: Four Commissioners to Depart, Impacting Crypto Regulation
CFTC Faces Leadership Vacuum Amid Crypto Regulatory Transition The U.S. Commodity Futures Trading Commission (CFTC), tasked with steering the regulation of the cryptocurrency industry, is navigating turbulent waters with four out of five commissioners set to depart. This leadership vacuum could delay the CFTC’s efforts to provide much-needed regulatory clarity in the rapidly evolving crypto […]
Read MoreASIC Appeals to High Court Over Block Earner’s Crypto Yield Product Ruling
ASIC Seeks High Court Appeal in Landmark Crypto Yield Product Case In a battle that could reshape the future of cryptocurrency in Australia, the Australian Securities and Investments Commission (ASIC) is taking Block Earner’s ‘Earner’ product to the High Court. This move has the potential to set a precedent for how digital assets are regulated, […]
Read MoreU.S. Treasury Secretary Backs Historic Crypto Bill, Ignites Capitol Clash
U.S. Treasury Secretary Scott Bessent Endorses Historic Crypto Regulation Bill, Sparking Capitol Showdown U.S. Treasury Secretary Scott Bessent has thrown his weight behind a groundbreaking crypto bill during a recent House Financial Services Committee hearing. This move could position the United States as a leader in the digital asset space, but it has also ignited […]
Read MoreArizona Establishes Bitcoin Reserve with HB 2749, Following New Hampshire’s Lead
Arizona Joins the Bitcoin Reserve Club: House Bill 2749 Unveiled Arizona has boldly stepped into the digital asset arena, becoming the second US state after New Hampshire to establish a Bitcoin reserve. Governor Katie Hobbs signed House Bill 2749 into law, setting the stage for unclaimed digital assets to be managed in a “Bitcoin & […]
Read MoreArizona Governor Vetoes Bill to Invest State Funds in Bitcoin Amid Market Surge
Arizona Governor Katie Hobbs Vetoes Bitcoin Investment Bill Amid Crypto Market Highs Arizona Governor Katie Hobbs vetoed Senate Bill 1025 on May 2, halting the state’s proposed venture into Bitcoin and other digital assets. The bill, which passed the Arizona Senate House with a 31-25 vote, aimed to allocate 10% of state-managed assets into cryptocurrencies […]
Read MoreVelázquez Targets Puerto Rico’s Crypto Tax Haven with New Bill
US Targets Digital Asset Investors Using Puerto Rico as Tax Haven U.S. Representative Nydia Velázquez has introduced the ‘Fair Taxation of Digital Assets in Puerto Rico Act,’ aiming to put an end to the use of Puerto Rico as a tax haven for digital asset investors. The proposed legislation targets Act 60, which has been […]
Read MoreRipple’s Hidden Road Secures Broker-Dealer License, Boosts Digital Asset Integration
Ripple-Backed Hidden Road Gains Broker-Dealer License, Ushering in New Era for Digital Assets Hidden Road, a Ripple Labs subsidiary, has secured approval from the Financial Industry Regulatory Authority (FINRA) to operate as a broker-dealer, marking a significant leap forward in expanding its fixed income prime brokerage platform. This milestone follows Ripple’s recent $1.25 billion acquisition […]
Read MoreBybit CEO Discusses Crypto Integration with Vietnam’s Finance Ministry
Bybit CEO Meets Vietnam’s Finance Ministry to Explore Crypto Collaboration On April 17, 2025, Bybit CEO Ben Zhou met with Vietnam’s Finance Minister Nguyen Van Thang in Hanoi to discuss the integration of cryptocurrencies into Vietnam’s financial system, marking a pivotal moment for the country’s digital asset market. Bybit CEO meets Vietnam’s Finance Minister Exploring […]
Read MoreStandardization: Unlocking Crypto’s Potential with ISIN and DTI
Standardization: The Key to Unlocking Crypto Adoption Can standardization be the key to unlocking the full potential of cryptocurrencies and digital assets? Experts Axel Schorn and Dr. Duc Au argue that it is essential for the crypto world to adopt standardized frameworks to facilitate broader adoption and integration with traditional financial systems. Traditional markets rely […]
Read MoreIllinois Advances Crypto Fraud Bill: Senate Bill 1797 Moves Forward
Illinois State Senator Mark Walker’s Crypto Fraud Bill Advances Illinois State Senator Mark Walker’s Digital Assets and Consumer Protection Act (Senate Bill 1797) has moved a step closer to becoming law after passing the Illinois Senate Executive Committee on April 4, 2025. This bill aims to protect consumers from digital asset fraud while fostering innovation […]
Read MoreU.S. Crypto Adoption Hits 55 Million in 2025: Diverse Demographics Embrace Digital Assets
Crypto Adoption in the U.S. Soars to 55 Million Users in 2025 The 2025 State of the Crypto Holders Report reveals that 55 million American adults are now embracing digital assets, a sign of growing trust and enthusiasm across diverse demographics. 55 million American adults engaged with digital assets Broad demographic reach across age, gender, […]
Read MoreCalifornia’s AB 1052: A Game-Changer for Digital Asset Rights and Payments
California’s Bold Move: AB 1052 Paves the Way for Digital Asset Rights California State Assemblymember Avelino Valencia has transformed a simple money transmission bill into a comprehensive piece of legislation focused on digital asset rights, reflecting the state’s progressive stance on cryptocurrencies and setting a potential precedent for the nation. AB 1052 revised to focus […]
Read MoreUK Trade Bodies Urge Government to Prioritize Blockchain with Envoy and Action Plan
UK Trade Bodies Demand Action on Blockchain and Digital Assets Six leading UK trade bodies have issued a strong call to action, urging the government to prioritize the blockchain and digital assets sector. In a letter to Varun Chandra, the Prime Minister’s special adviser, they demand the appointment of a dedicated blockchain envoy and the […]
Read MoreSEC Crypto Task Force Launches Roundtables to Clarify Digital Asset Regulation
SEC Crypto Task Force Announces Roundtable Discussions to Clarify Digital Asset Regulation The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force is set to host a series of roundtable discussions aimed at clarifying the regulation of digital assets. Launched on January 21 by Acting SEC Chairman Mark T. Uyeda, the “Spring Sprint Toward Crypto […]
Read MoreCalifornia’s AB 1052 Advances Crypto Payments and Self-Custody Protections
California’s Assembly Bill 1052: A Leap Forward for Crypto Payments and Self-Custody California’s Assembly Bill 1052, recently amended to focus on digital assets, marks a significant step towards mainstream crypto adoption in the state. This bill, led by Banking and Finance Committee chair Avelino Valencia, aims to legalize digital asset payments and protect self-custody wallets, […]
Read MoreFDIC Removes Crypto Pre-Approval: Banks Can Now Engage with Digital Assets
FDIC Lifts Crypto Restrictions: A New Era for Digital Assets in Banking The Federal Deposit Insurance Corp. (FDIC) has made a significant policy shift by eliminating the pre-approval requirement for U.S. banks engaging in cryptocurrency activities. This move, reversing a 2022 mandate, opens the door for banks to dive into the digital asset market without […]
Read MoreJulius Baer Hires Crypto Expert Michael Martin Amid $120M Cost Cuts
Julius Baer Hires Crypto Veteran Amidst Broad Reorganization Julius Baer, a Swiss wealth management giant, is making strategic moves into the digital asset space while undergoing a significant reorganization under new CEO Stefan Bollinger. Cost-cutting measures: $120 million annual savings, 400 job cuts Strategic hiring: Michael Martin, crypto veteran, to advise on digital assets Financial […]
Read MoreKazakhstan MP Proposes Crypto Bank to Regulate 90% Gray Market
Kazakhstan MP Proposes Crypto Bank to Regulate Massive Gray Market Kazakhstan is taking bold steps to regulate its sprawling cryptocurrency gray market, with a parliament member proposing the establishment of a “crypto bank.” This move aims to bring 90% of currently unregulated crypto operations into a legal framework. 90% of crypto operations in Kazakhstan are […]
Read MoreMalaysia’s Central Bank to Dive into Asset Tokenization and Digital Assets in 2025
Malaysia’s Central Bank Plans to Support Asset Tokenization and Explore Digital Asset Technologies in 2025 Malaysia’s financial landscape is set for a digital transformation as its central bank, Bank Negara Malaysia (BNM), announces bold plans for 2025. BNM to explore asset tokenization and digital assets in 2025 Plans to issue discussion paper and utilize Regulatory […]
Read MoreNigerian Banks Urged to Adopt Digital Assets as Crypto Market Surges 25%
Nigerian Banks Urged to Embrace Digital Assets Amid Regulatory Shifts Nigeria’s digital asset market is booming, yet banks are lagging behind due to regulatory concerns. A recent KPMG report, in collaboration with Chainalysis, urges Nigerian banks to step up and embrace digital assets to stay competitive. 25% increase in digital asset value received in Nigeria. […]
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