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India increases scrutiny of crypto in border regions
May 14,2025
India has ramped up surveillance of crypto transactions in Jammu and Kashmir and other border regions, following security concerns. The Financial Intelligence Unit (FIU-IND) advised crypto platforms to monitor transactions linked to 'private wallets,...
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Mayor Adams pushes for New York's rise as a crypto hub
May 14,2025
New York City Mayor Eric Adams has reaffirmed ambition to turn the city into the world's leading crypto capital. At a press conference ahead of the 20 May NYC Crypto Summit, Adams highlighted New York's growing blockchain sector and its role in boost...
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Senators push for lower crypto tax burden
May 14,2025
Two US senators, Cynthia Lummis and Bernie Moreno, are urging US Treasury Secretary Scott Bessent to revise how corporate digital assets are taxed. They proposed a change to the definition of 'adjusted financial statement income' under the Inflation ...
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Coinbase expands into Canadian stablecoin market
May 14,2025
Coinbase has invested an undisclosed amount in Canadian stablecoin issuer Stablecorp. The move aims to strengthen the local stablecoin market and make tokenised Canadian dollars more accessible. During the Blockchain Futurist Conference in Toronto, C...
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Thailand embraces digital tokens for public investment
May 14,2025
Thailand's Finance Ministry is preparing to launch 5 billion baht ($150 million) in digital investment tokens known as the G-Token within the next two months. The initiative is designed to raise public funds through a new blockchain-based model. Unli...
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BlackRock raises concerns over quantum computing risks to Bitcoin ETFs
May 13,2025
BlackRock has flagged quantum computing as a potential risk to its iShares Bitcoin ETF (IBIT) in a recent regulatory filing. BlackRock highlighted the threat from emerging technologies, specifically quantum computing, to the cryptographic security of...
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Punycode scams steal crypto through lookalike URLs
May 13,2025
Crypto holders are facing a growing threat from a sophisticated form of phishing that swaps letters in website addresses for nearly identical lookalikes, tricking users into handing over their digital assets. Known as Punycode phishing, the tactic ha...
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Gemini wins EU approval for crypto derivatives
May 13,2025
Gemini has received a MiFID II licence from the Malta Financial Services Authority, allowing it to offer regulated crypto derivatives across the EU and EEA. The exchange, founded by Cameron and Tyler Winklevoss, plans to offer products like perpetual...
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SEC plans fresh rules for crypto securities
May 13,2025
The US Securities and Exchange Commission (SEC) is preparing new rules for crypto assets that qualify as securities. At a roundtable on 12 May, SEC Chair Paul Atkins said current laws are outdated and don't fit the fast-growing digital asset sector. ...
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Truth Social denies memecoin rumours
May 13,2025
Truth Social, the social platform owned by Trump Media, has denied rumours that it plans to launch a memecoin. The speculation began after crypto influencer Ran Neuner tweeted that a token linked to the platform could be unveiled within 72 hours. In ...
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Australia appoints pro-crypto assistant minister for digital economy
May 13,2025
Australia's crypto sector has welcomed the appointment of Andrew Charlton as Assistant Minister for the Digital Economy. Charlton, a known supporter of blockchain, will also oversee AI and emerging technologies. He will work alongside Minister Tim Ay...
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Trump's crypto ventures delay stablecoin and crypto policy progress
May 12,2025
Discussions about the conflict of interest surrounding US President Donald Trump's crypto ventures are delaying crypto legislation. Democrats are blocking the stablecoin bill, the GENIUS Act, to prevent Trump from profiting off crypto. Ryan Gilbert, ...
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