South Korea’s new Digital Asset Committee joins similar initiatives such as the Virtual Asset Committee launched in late 2024 by the Financial Services Commission.
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South Korea’s Democratic Party sets up ‘Digital Asset Committee’ - News
Tether Gold enters Thailand with listing on Maxbit exchange Tether Gold has arrived in Thailand with a listing on Maxbit, an exchange backed by PTG Energy, a major Thai energy conglomerate.
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Strategy added 13,390 Bitcoin for $1.34B as price topped $100K With its latest purchase, Strategy has achieved a Bitcoin yield of 15.5%, breaking its previous 2025 target, which was lifted to 25% in early May.
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US crypto funds smash old record amid 4-week inflow streak Continued inflows have brought the total assets in global crypto funds to $169 billion, just 2.5% below the historic record of $173.3 billion seen in the last week of January.
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Crypto custodian BitGo secures MiCA license in Germany BitGo’s MiCA license allows it to offer services to crypto-native firms and traditional finance institutions, including banks and asset managers within the EU.
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Gemini to launch crypto derivatives in Europe with new license Gemini’s new derivatives offering in Europe will include perpetual futures and other derivatives, which will be available to advanced exchange users.
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Taiwan lawmaker calls for Bitcoin reserve at national conference Taiwan legislator Ko Ju-Chun proposed allocating a small percentage of the Taiwanese reserves to Bitcoin as part of the diversified reserve strategy.
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Germany seizes $38M in crypto from Bybit hack-linked eXch exchange The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police.
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Bitcoin price reclaims $100K for first time since January Unlike the previous $100,000 hits, the new price spike came as Bitcoin market dominance surged above 60%, reflecting more bullish BTC sentiment.
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Coinbase to acquire options trading platform Deribit for $2.9B Deribit is the world's leading Bitcoin and Ethereum options trading platform, with more than $1.2 trillion in annual trading volume.
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Trump-backed USD1 is now the seventh-largest stablecoin worldwide Donald Trump-backed USD1 stablecoin saw its market cap rise from $128 million to above $2 billion days before MGX’s $2 billion investment announcement by Eric Trump.
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Bhutan launches tourism crypto payments with Binance Pay and DK Bank Bhutan’s tourism department and Binance said the new venture is the “world’s first national-level crypto tourism payment system.”
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Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’ The new partnership aims to combine Grab’s expertise in crowdsourced mapping with Natix’s DePIN model that rewards users for providing decentralized data input.
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Strategy, Semler bag 2K Bitcoin as price edged toward $100K last week Michael Saylor’s Strategy slowed Bitcoin buying last week as BTC neared $100,000, while Semler Scientific ramped up its crypto investments.
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Crypto funds raked in $2B last week, pushing 3-week haul to $5.5B Crypto ETPs saw $2 billion in inflows last week, with Bitcoin leading gains and BlackRock dominating activity.
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Tether AI platform to support Bitcoin and USDT payments, CEO says Tether AI’s crypto payment support will be enabled via a newly launched wallet development kit that enables self-custodial wallets for Bitcoin and Tether's USDt.
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Indonesia suspends Sam Altman’s World project over suspicious activity Indonesia’s Digital Ministry is seeking public input to its probe into World’s local operators, alleging suspicious activity and registration violations.
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Ether more ‘like a memecoin,’ says trading firm as ETH drops 45% YTD While optimists are speculating on Ether's bottom coming soon, US SEC-registered adviser Two Prime argued that its risk-reward is now unjustifiable compared to Bitcoin.
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21Shares files for US spot Sui ETF after European launch 21Shares files to launch a spot Sui ETF in the US, joining over 70 crypto ETF applications awaiting SEC review amid growing institutional demand.
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Ethena partners with TON to offer USDe to one billion Telegram users Ethena will integrate its sUSDe stablecoin natively within TON under the name tsUSDe, offering support within custodial and non-custodial wallets.
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Mantra links OM token crash to risky crypto exchange policies Mantra has cited broader industry factors as contributing to the recent collapse of its OM token, with CEO John Mullin calling on exchanges to reassess their leverage policies.
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Banks must adopt crypto or be extinct in 10 years, Eric Trump says While the existing financial system is slow and expensive, crypto apps already allow people to send money instantly and cheaply, Eric Trump stated.
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CBDCs ‘costly fiat copy’, not fintech success so far: Ex-Binance exec After the US rejected the idea of a CBDC following Trump's election, it’s yet to be seen whether other countries have any success with their national digital currency projects.
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US DOJ requests 20-year sentence for Celsius founder Alex Mashinsky The DOJ stated that Mashinsky’s plea showed that his crimes were “not the product of negligence” but the result of “deliberate, calculated decisions to lie.”
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Russian ruble stablecoin: Exec lists 7 ‘Tether replica’ features As the Russian government reportedly eyes ruble-backed stablecoins, a local industry executive warned that a viable “Tether replica” would require a lot of effort.
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Strategy added 15,355 Bitcoin for $1.42B as price surged above $90K The company's Bitcoin holdings are worth more than $50 billion following its latest purchase, with 553,555 BTC on its books.
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Crypto ETPs hit 3rd-largest inflows on record at $3.4B — CoinShares Last week’s crypto ETP inflows were among the highest weekly inflows on record, down just about 13% from the all-time high seen in early December 2024, according to CoinShares.
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Russian crypto exchange Mosca raided amid cash-to-crypto ban talks Mosca, which allows investors to buy up to 100,000 USDT with cash daily, could not confirm whether its platform had anything to do with a local $6 million fraud scheme.
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Unpacking Mantra’s OM crash requires forensic study — CertiK exec Blockchain analysts can provide clues in investigating the Mantra’s OM crash, but definitive conclusions would require a full forensic study, according to a CertiK executive.
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Mixed sentiment as crypto funds see modest $6M inflows — CoinShares Crypto ETPs saw modest inflows of $6 million last week, reflecting mixed investor sentiment but showing signs of recovery, according to CoinShares.