Day: 21 May 2025

Shareholders of healthcare services provider KindlyMD, Inc. have given the green light to a proposed merger with Nakamoto Holdings, a Bitcoin-focused firm launched by David Bailey, the cryptocurrency adviser to U.S. President Donald Trump. According to a May 20 announcement, both KindlyMD and Nakamoto Holdings plan to file information statements ...

Brave Software has become the first browser to launch its own on-chain top-level domain, unveiling the new .brave domain in partnership with Unstoppable Domains. This move opens up new possibilities for Brave’s 85 million monthly active users to own a digital identity, simplify cryptocurrency payments, and access the broader Web3 ...

Hong Kong has taken a major step forward in regulating digital finance with the Legislative Council’s passage of the Stablecoins Bill, introducing a formal licensing framework for fiat-referenced stablecoin (FRS) issuers. The new legislation, welcomed by the government on Wednesday, is designed to enhance the city’s virtual asset regulatory environment, ...

Amsterdam-based Theta Capital Management has successfully raised over $175 million for its latest blockchain-focused fund-of-funds, marking a strategic push to back early-stage crypto startups through established venture capital firms. The new fund, Theta Blockchain Ventures IV, will deploy capital into specialized crypto-native VC firms with a strong track record of ...

In a notable development for the traditional finance sector, Blackstone has made its first-ever investment in cryptocurrency by purchasing shares in BlackRock’s spot Bitcoin exchange-traded fund (ETF). This move, disclosed in a May 20 filing with the U.S. Securities and Exchange Commission (SEC), marks a cautious but significant step into ...

South Korea is gearing up for a more regulated digital asset market as it prepares to welcome institutional players. On May 20, the Financial Services Commission (FSC) unveiled a comprehensive set of new rules aimed at tightening oversight of cryptocurrency sales and listings, particularly for nonprofit organizations and virtual asset ...

VILNIUS, Lithuania, 21st May 2025, Chainwire

The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on multiple high-profile cryptocurrency ETF proposals, including Bitwise’s bid to incorporate Ether staking and Grayscale’s plan to launch an XRP ETF. The delays, announced on May 20, were anticipated by industry analysts who noted the regulator’s tendency to ...

FOMO Pay, a prominent payment institution headquartered in Singapore, has officially joined the Global Dollar Network (GDN), a growing enterprise-driven initiative aimed at accelerating the adoption of regulated stablecoins in global payments. As one of GDN’s first partners, FOMO Pay will integrate the Global Dollar (USDG), a stablecoin issued by ...

Strive Asset Management, co-founded by entrepreneur Vivek Ramaswamy, has unveiled an ambitious plan to expand its Bitcoin holdings by acquiring distressed Bitcoin claims linked to the infamous Mt. Gox bankruptcy. This move aims to build a 75,000 BTC treasury, positioning Strive as a major corporate Bitcoin holder amid increasing global ...