Day: 19 June 2025

The Ohio House of Representatives passed House Bill 116, known as the Ohio Blockchain Basics Act, with a vote of 70-26. This legislation aims to promote cryptocurrency adoption by exempting crypto transactions under $200 from capital gains taxes and providing protections for crypto mining businesses. The bill now moves to ...

US President Donald Trump has urged the House of Representatives to swiftly pass the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act following its recent approval by the Senate. Trump emphasized the need for rapid action, stating on Truth Social, “Get it to my desk, ASAP — NO ...

The Czech Republic's Civic Democratic Party, led by Prime Minister Petr Fiala, successfully withstood a no-confidence vote on June 18, 2025, sparked by a controversial $45 million Bitcoin donation. This marks the fourth attempt by opposition parties to unseat Fiala's government in three years, following previous motions concerning energy policy, ...

KuCoin has announced a new partnership with BitGo Singapore to enhance institutional security through off-exchange settlement, marking a major advancement in its $2 billion "Trust Project." Revealed on June 19, the integration enables KuCoin’s institutional clients to trade without pre-funding their exchange wallets. Instead, assets are held in regulated custody ...

The Financial Services Commission (FSC) of South Korea has announced a formal investigation into transaction fees charged by major domestic cryptocurrency exchanges, marking the first concrete move toward fulfilling President Lee Jae-myung’s campaign pledge to lower digital asset trading costs. Unveiled on June 19 during a policy report to the ...

In a recent statement, Treasury Secretary Bessent emphasized the potential of stablecoins to reinforce the dominance of the U.S. dollar in the global financial system. He argued that stablecoins, digital assets pegged to fiat currencies like the dollar, could enhance the dollar’s reach and utility in international markets.   Crypto ...

CoinW is accelerating its expansion into Latin America, targeting a region experiencing rapid crypto adoption amid ongoing economic instability. In an announcement made on June 19, the Hong Kong-based exchange confirmed its deepened focus on LATAM markets, particularly in countries like Brazil, Argentina, Mexico, and Venezuela—nations that now rank among ...

Investor sentiment in the crypto market is beginning to shift from Bitcoin (BTC) to Ethereum (ETH), according to top analysts, despite lingering caution fueled by past market downturns. In a recent market update, Michaël van de Poppe, founder of MN Trading Capital, noted that while Bitcoin still commands the spotlight, ...

Chainalysis, a leading blockchain intelligence firm, has confirmed that the recent exploit of Nobitex, Iran’s largest cryptocurrency exchange, was politically motivated. More than $90 million worth of digital assets were drained in the incident, which the firm attributes to a pro-Israel hacker group known as Gonjeshke Darande. According to Chainalysis, ...

London-listed tech firm The Smarter Web Company has significantly expanded its Bitcoin holdings following a highly successful fundraising round that nearly doubled its initial target. On June 19, the company announced the acquisition of 104.28 BTC at an average price of £77,751 ($104,451) per coin, amounting to approximately £8.1 million. ...