Day: 7 May 2025

Visa has made a strategic investment in BVNK, a global payments infrastructure provider specialising in stablecoin technology, marking a significant step in the evolution of digital payments. The investment, made through Visa Ventures, signals strong confidence in BVNK’s vision to transform how money moves across borders using blockchain-based stablecoins. Stablecoins—digital ...

Secretary of the Treasury Scott K.H. Bessent is set to travel to Switzerland on May 8 for high-level discussions aimed at strengthening the United States’ economic security and international economic relations. In a statement ahead of his trip, Secretary Bessent emphasized the importance of economic security as a cornerstone of ...

Bhutan has introduced a pioneering crypto payment system for tourists, becoming the first country to implement a national-level travel infrastructure powered by Binance Pay in partnership with DK Bank. Announced on May 7, the initiative allows travellers with Binance accounts to pay for nearly every aspect of their trip using ...

Tether has announced the native launch of its USD₮ stablecoin on the Kaia blockchain, marking a significant milestone for Web3 and stablecoin adoption across Asia. The move is a joint effort with LINE NEXT, the Web3 subsidiary of LINE, and Kaia, a high-performance public Layer 1 blockchain that powers Mini ...

New Hampshire has become the first state to sign into law a bill allowing businesses to hold Bitcoin as part of their cash reserves. Governor Chris Sununu officially enacted the legislation on May 6, 2025, marking a significant milestone for crypto adoption at the state level. The new law permits ...

U.S. Democratic lawmakers have mounted a coordinated legislative and investigative effort targeting President Donald Trump’s crypto-related activities, raising concerns over potential profiteering and conflicts of interest tied to his political influence. On May 6, Senator Chris Murphy introduced the Modern Emoluments and Malfeasance Enforcement (MEME) Act, a bill designed to ...

Bitwise Asset Management has taken a fresh step in expanding its crypto ETF offerings by filing for a spot Near Protocol (NEAR) exchange-traded fund with the U.S. Securities and Exchange Commission (SEC). The move, disclosed in a May 6 registration statement, positions Bitwise among a growing wave of asset managers ...

Japanese investment firm Metaplanet has deepened its commitment to Bitcoin, announcing the purchase of an additional 555 BTC as part of its ongoing accumulation strategy. The move signals the company’s continued confidence in the long-term value of digital assets, particularly amid growing institutional interest in cryptocurrency. According to a disclosure ...

Dubai, UAE, 7th May 2025, Chainwire

Citi is joining forces with SIX Digital Exchange (SDX) to launch a groundbreaking platform that will grant institutional and eligible investors direct access to tokenized shares of late-stage private companies. Announced at the Point Zero Forum in Switzerland, the collaboration aims to modernize private market access and enhance capital liquidity ...