Swiss National Bank (SNB) President Martin Schlegel publicly declared that cryptocurrencies, including Bitcoin, are unsuitable for inclusion in the country’s official reserve assets. At a financial conference, Schlegel emphasized that digital currencies' extreme price volatility and uncertain liquidity...
Singapore Gulf Bank has announced the appointment of Richard Clarida, former Vice Chair of the US Federal Reserve, to its newly formed Global Advisory Board. The move marks a significant step for the bank as it seeks to...
Binance has significantly expanded crypto adoption in Central Asia by partnering with Kyrgyzstan’s National Agency for Investments. This collaboration aims to introduce crypto payment infrastructure and blockchain education nationwide. The partnership was formalized during the inaugural meeting of...
Starting in June 2025, South Korea's financial authorities will permit non-profit organizations and cryptocurrency exchanges to engage in unrestricted cryptocurrency trading. This regulatory update aims to enhance transparency and promote growth in the nation's digital asset sector. The...
The Maldives government has taken a bold step toward economic diversification by signing a landmark agreement with Dubai-based MBS Global Investments to build a $9 billion crypto and blockchain hub in Malé, the nation’s capital. The initiative aims...
Movement Labs has suspended its co-founder, Rushi Manche, amid an ongoing investigation into a market manipulation scandal involving one of its former market makers. This announcement came on May 2, 2025, as the company works with Groom Lake,...
Haedal Protocol, a liquid staking platform built on the Sui blockchain, surged by as much as 50% on May 2, 2025, ahead of its scheduled listing on South Korea’s major crypto exchange, Bithumb. During Asia's morning trading, the...
MEXC has announced a $300 million Ecosystem Development Fund to mark its seventh anniversary, signalling a significant shift in its strategic direction. The announcement made during the Token2049 event in Dubai highlights MEXC’s ambition to evolve from a...
Visa has announced a major step forward in digital payments by integrating stablecoins into its network of 150 million merchants worldwide. This move enables customers to use popular stablecoins such as USDC and USDT for everyday purchases, bridging...
The UK government has unveiled a 27-page draft legislation aimed at bringing cryptocurrency activities under formal financial regulation for the first time. This move seeks to foster innovation while protecting consumers by extending existing financial rules to digital...
