The US Securities and Exchange Commission’s sole Democratic Commissioner has said the agency is “playing a game of regulatory Jenga” with its approach to the crypto industry and market regulation under the Trump administration. In May 19 remarks at the SEC Speaks event, Commissioner Caroline Crenshaw cautioned against what she described as a dangerous dismantling … Read more
Bitcoin has surpassed Alphabet Inc. (Google) to become the sixth largest asset globally by market capitalization. The cryptocurrency’s market cap has exceeded $2 trillion, with its price reaching approximately $102,909 per coin. Bitcoin now ranks just behind Amazon, Apple, NVIDIA, Microsoft, and gold in terms of asset valuation. This milestone marks a significant advancement for … Read more
The U.S. Senate is set to vote as early as Monday night on the GENIUS Act, a bill aimed at regulating stablecoins. Authored by Senator Bill Hagerty with bipartisan support, the bill seeks to integrate cryptocurrencies into the financial system. Senator Mark Warner has announced his support for the latest version of the GENIUS Act, … Read more
Ripple is revolutionizing cross-border finance in the UAE, launching with Zand and Mamo just months after securing groundbreaking regulatory approval, unleashing real-time blockchain-powered payments. Ripple Payments Gains First Major Foothold in UAE with Zand and Mamo Integration Ripple announced on May 19 that Zand Bank and Mamo have become the first customers in the United … Read more
Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration, arguing that the group waived their ability to form a class action under the company’s terms. The exchange said in a May 16 filing to a New York federal court that its … Read more
Ripple has expanded its presence in the United Arab Emirates by onboarding Zand Bank and Mamo as its first blockchain payments clients in the region Ripple has expanded its presence in the United Arab Emirates by onboarding Zand Bank and Mamo as its first blockchain payments clients in the region. This development follows Ripple securing … Read more
El Salvador has increased its national Bitcoin holdings to over 6,180 BTC through daily accumulation, as part of its long-term crypto strategy El Salvador has increased its national Bitcoin holdings to over 6,180 BTC through daily accumulation, as part of its long-term crypto strategy. This move adds to the country’s strategic reserve, which now stands … Read more
If you’re a UK resident dabbling in crypto, there’s a big tax shake-up coming your way. Starting January 2026, HM Revenue & Customs (HMRC) is tightening the rules on crypto to make sure no gains slip through the cracks. Platforms will be required to collect detailed personal info from users and report it to the … Read more
Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency. “We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody it. We’re going to put it in statements … Read more
Key Points: Zhao Changpeng discusses investment risks in cryptocurrency. No major financial impacts yet. Community debates risks, reflecting ongoing market discussions. No immediate regulatory shifts align with his statement. Zhao Changpeng (CZ), Binance founder, recently conveyed that both investing in and abstaining from cryptocurrency involve risks. This statement, shared on a crypto industry network, adds … Read more