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US banks allowed to manage crypto on customers' behalf
May 08,2025
US banks are now allowed to manage crypto assets on behalf of their customers. The US Office of the Comptroller of the Currency (OCC) confirmed that banks can buy, sell, and hold crypto in custody. They can also outsource certain services, such as cu...
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Bitcoin scholarships launched at Lomond School
May 08,2025
Lomond School has introduced the Satoshi Scholarships, offering 42 scholarships for students passionate about economics and innovation. These cover the prestigious International Baccalaureate (IB) programme, including 21 two-year day and 21 two-year ...
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Long-dormant Bitcoin wallets awaken, moving $322M in BTC
May 07,2025
Two long-inactive Bitcoin wallets, originally linked to the infamous Silk Road marketplace, have come back to life after nearly 11 years of silence. On 5 May 2025, blockchain monitoring platforms flagged two large transactions totalling 3,421 BTC, wo...
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Investors turn to gold and Bitcoin during global instability
May 07,2025
Gold and Bitcoin increased as investors waited for the Federal Reserve's next move. At the same time, rising global tensions and trade worries kept markets on edge. Spot gold rose 0.7% to$3,357 per ounce on Tuesday, driven by safe-haven demand. US go...
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Tether adds Chainalysis tools to enhance crypto compliance
May 07,2025
Tether has partnered with Chainalysis to integrate its compliance and monitoring tools into the Hadron by Tether platform. The collaboration will provide users with advanced risk detection and real-time transaction monitoring, helping institutions me...
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New Hampshire allows public fund allocation to Bitcoin
May 07,2025
New Hampshire has become the first US state to allow public funds to be invested in Bitcoin and other digital assets. Governor Kelly Ayotte signed House Bill 302 into law. The legislation enables the state treasury to allocate up to 10% of the genera...
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Bhutan launches first national crypto tourism payment system
May 07,2025
Bhutan has launched the world's first national-level crypto tourism payment system, in partnership with Binance Pay and DK Bank. Tourists can now pay for nearly everything, from flights to food, using over 100 cryptocurrencies like BTC, BNB, and USDC...
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Tether plans US-based stablecoin launch by 2025
May 06,2025
Tether is set to launch a US-based, dollar-pegged stablecoin, according to CEO Paolo Ardoino. The stablecoin, expected by the end of this year or early 2025, will be separate from the company's existing international products. Ardoino's push for the ...
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South Korea's presidential race embraces crypto as a key issue
May 06,2025
South Korea's presidential race is turning towards cryptocurrency, with former labour minister Kim Moon-soo as the People Power Party's candidate for the 3 June election. Reports say 16.3 million South Koreans own crypto assets, based on linked walle...
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Trump to hold crypto dinners for top token holders
May 06,2025
Donald Trump is hosting two crypto-themed dinners in May, raising ethical concerns among lawmakers. A$1.5 million-per-plate 'Crypto & AI Innovators Dinner' was held at his Virginia golf club, featuring guests such as David Sacks. He also confirme...
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Ghana plans to regulate digital assets with new legislation
May 06,2025
Ghana's central bank is set to regulate the digital asset space later this year, pending the passage of key legislation. Governor Johnson Asiama announced at the African Leaders and Partners Forum during the IMF-World Bank Spring Meetings in Washingt...
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Buterin proposes RISC-V to improve Ethereum's speed
May 05,2025
Vitalik Buterin has suggested replacing Ethereum's Virtual Machine (EVM) with RISC-V to simplify the network and improve its performance. In a 3 May blog post, he stated that Ethereum could become as simple as Bitcoin within five years. RISC-V is an ...
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