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Hong Kong passes stablecoin bill, set to open licensing by year-end

21.5.2025
Hong Kong’s Legislative Council has passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development. In a May 21 post on X, Legislative Council member Johnny Ng Kit-Chong said the bill passed...

Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report

21.5.2025
Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market — a steep climb from just $1.5 billion and a 1% market share at the start of 2024.One of the biggest winners of this trend is Pendle, a decentralized protocol that enables...

Bold Technologies and My Aion launch $2.5B smart city AI platform

21.5.2025
Abu Dhabi-based Bold Technologies, a subsidiary of conglomerate Bold Holdings, has partnered with international artificial intelligence firm My Aion to launch a $2.5 billion smart city initiative aimed at transforming urban infrastructure through AI.The companies announced the development of...

Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

21.5.2025
Bitcoin Suisse secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking a major step in the Swiss crypto firm’s expansion beyond the European Union.The Swiss crypto financial service provider received...

Crypto.com secures EU license to launch crypto financial derivatives

21.5.2025
Mobile-first crypto exchange and payment platform Crypto.com has secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area.According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) licence.“We...

SEC’s Peirce says NFT royalties do not make tokens securities

21.5.2025
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws.In a recent speech, Peirce said NFTs that allow artists...

SEC’s Peirce says NFT royalties do not make tokens securities

21.5.2025
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws.In a recent speech, Peirce said NFTs that allow artists...

South Korea tightens crypto rules ahead of institutional market entry

21.5.2025
South Korea is tightening rules around digital asset transactions as it prepares to allow institutional players into its crypto market, introducing new guidelines for nonprofit crypto sales and stricter listing standards for exchanges.On May 20, the Financial Services Commission (FSC) of South...

South Korea tightens crypto rules ahead of institutional market entry

21.5.2025
South Korea is tightening rules around digital asset transactions as it prepares to allow institutional players into its crypto market, introducing new guidelines for nonprofit crypto sales and stricter listing standards for exchanges.On May 20, the Financial Services Commission (FSC) of South...

Why crypto transfers can fail and what you must check before sending

21.5.2025
Why crypto transfers can fail and what you must check before sending Crypto transfers fail more often than most people realize, but user attentiveness can stop most losses.What’s often marketed as a seamless, borderless system can become frustrating when...

Why crypto transfers can fail and what you must check before sending

21.5.2025
Why crypto transfers can fail and what you must check before sending Crypto transfers fail more often than most people realize, but user attentiveness can stop most losses.What’s often marketed as a seamless, borderless system can become frustrating when...

Theta Capital raises $175M to back early-stage blockchain startups

21.5.2025
Amsterdam-based Theta Capital Management has raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms.The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native VC firms with...

Theta Capital raises $175M to back early-stage blockchain startups

21.5.2025
Amsterdam-based Theta Capital Management raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms.The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native VC firms with...

SEC delays decision on Ether staking and XRP ETFs, as analysts expected

21.5.2025
The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected.The SEC said on May 20 that it needed to extend its decision on Bitwise’s...

SEC delays decision on Ether staking and XRP ETFs, as analysts expected

21.5.2025
The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected.The SEC said on May 20 that it needed to extend its decision on Bitwise’s...

KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

21.5.2025
Shareholders of the healthcare services provider KindlyMD, Inc have approved a proposed merger with Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey.KindlyMD and Nakamoto Holdings, a newly formed company that focuses on creating...

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