Day: 24 June 2025

Fiserv, a leading US fintech company, has announced plans to launch its own US dollar-backed stablecoin, called FIUSD, in partnership with PayPal and Circle to enhance digital asset services across its banking and payments network. The company aims to introduce FIUSD by the end of 2025, leveraging infrastructure from Paxos ...

In a historic move, Texas has become the first U.S. state to establish an independently managed Bitcoin reserve, committing $10 million to purchase Bitcoin directly. This initiative marks a significant step in integrating digital assets into public finance, distinguishing Texas from other states that are still cautious about cryptocurrency adoption. ...

Senator Adam Schiff has introduced the Curbing Officials’ Income and Nondisclosure (COIN) Act, a bill designed to prohibit the U.S. President, Vice President, senior Executive Branch officials, Members of Congress, and their immediate families from engaging in cryptocurrency-related activities that could lead to personal profit or conflicts of interest. This ...

Seattle, United States / Washington, 24th June 2025, Chainwire

Nano Labs Ltd has unveiled a $500 million private placement through convertible promissory notes—a decisive step in its evolving crypto treasury strategy centred around Binance Coin (BNB). Under the agreement, a consortium of investors will subscribe to unsecured notes that mature in 360 days and carry no interest. These notes ...

Japan’s Financial Services Agency (FSA) has proposed a landmark reclassification of cryptocurrencies as financial products under the Financial Instruments and Exchange Act (FIEA) in a move poised to transform the country’s digital asset landscape. Introduced on June 24, the proposal seeks to align crypto assets with traditional securities and investment ...

The United States Federal Housing Finance Agency (FHFA) has announced that it will examine whether cryptocurrency holdings should be considered in mortgage qualification. This move could further integrate digital assets into the traditional financial system. In a post on X on June 24, FHFA Director William Pulte stated that the ...

KuCoin has secured a top-tier AAA rating from CER.live, a respected cybersecurity assessment platform, solidifying its place among the six most secure exchanges in the world. The rating reflects KuCoin’s 90% overall security score and perfect 100/100 marks across critical areas, including server security, user protection, penetration testing, and bug ...

Binance Alpha is set to debut two new tokens, Mango Network (MGO) and Newton Protocol (NEWT), further expanding its early-access trading ecosystem. MGO will be the first to go live, with trading scheduled to begin on June 24, 2025, at 08:59 UTC. To mark the listing, Binance is launching an ...

Turkey is tightening its grip on the crypto sector with a proposed set of sweeping regulations aimed at curbing money laundering and illicit financial activities, according to a report published June 24 by the state-run Anadolu Agency (AA). The new rules, led by the Ministry of Treasury and Finance, will ...