OKX has launched a new wrapped Bitcoin asset, dubbed xBTC, alongside yield-generating products tied to the token. The move comes as Bitcoin soars to a fresh all-time high, crossing the $111,000 mark. According to the announcement, xBTC maintains a...
In a significant policy shift, Pakistan has officially greenlit the creation of a new regulatory body dedicated to overseeing the country’s blockchain-based financial infrastructure and digital asset ecosystem. According to a recent report from state-owned broadcaster PTV, the newly...
A landmark stablecoin regulation bill backed by the White House is gaining traction in the U.S. Senate, with the potential to unleash trillions in demand for U.S. Treasuries, according to Donald Trump’s top advisor on crypto and artificial intelligence,...
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...
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...
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...
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,...
A legal storm is brewing in the decentralized finance (DeFi) space, as Bancor has filed a lawsuit against Uniswap, accusing the industry giant of infringing on patented technology behind automated market makers (AMMs), according to a May 20 announcement....
The European Central Bank (ECB) is eyeing Poste Italiane as a potential ally in the final phase of launching the digital euro, according to ECB executive board member Piero Cipollone. Speaking during a virtual event hosted by the Italian...
In a bold step to position New York City at the forefront of blockchain innovation, Mayor Eric Adams has unveiled plans to establish a digital advisory council that will help steer the city’s digital asset strategy. Speaking at the...
