Tether, the biggest stablecoin issuer, reported a record $4.9 billion profit in Q2 2025. The gain shows better operations and smart management of its $127 billion in U.S. Treasuries. As of June 30, 2025, the circulation of Tether’s USDT exceeded $157 billion, marking an increase of $20 billion since the beginning of the year. Tether’s …
South Korea’s top financial regulators are sounding alarms over crypto lending and margin trading services launched by major crypto exchanges. This move could shake up the crypto market, tightening rules and changing how investors trade and borrow digital assets. As per a report from Korea JoongAng Daily, the Financial Services Commission (FSC) and Financial Supervisory …
Cryptocurrency adoption in Bolivia is gaining speed, and it’s now getting international support. On Wednesday, Bolivia’s central bank signed a memorandum of understanding with El Salvador to support the growth of cryptoassets in the country. With crypto usage rising fast and access to U.S. dollars tightening, this partnership could redefine how Bolivians interact with money. …
The White House has released a 163-page strategy outlining its approach to cryptocurrency policy, but one major detail was left out: what the government plans to do with its Strategic Bitcoin Reserve. While the report pushes regulators like the SEC to take action even without new laws, it offers little clarity on how the U.S. …
The Federal Reserve kept interest rates unchanged at 4.25–4.5%, signaling cautious monitoring of inflation and economy. Investors now watch for a possible rate cut in September. Simultaneously, the White House unveiled its first comprehensive crypto policy report, outlining new regulatory guidelines including stablecoin licensing, clearer agency roles, and updated AML measures. The report aims to …
Pakistan will permit banks and financial institutions to buy and sell Bitcoin to accelerate cryptocurrency adoption nationwide. The State Bank of Pakistan will issue licenses under the new Virtual Assets Act, 2025, creating a regulatory framework for crypto trading. This policy aims to modernize the financial system, enhance transaction transparency, and expand digital asset access. …
Pi Coin price is trading around $0.42, down nearly 4% today as sentiment weakens across the community. The dip follows widespread reports of failed Pi token transactions via the Pi Wallet’s new “Buy” feature. The timing is indeed critical for investors who are already cautious due to a large token unlock scheduled for August, and …
Indonesia is tightening crypto taxes. Starting August 1, new rules will raise taxes on crypto trades, especially on those using foreign platforms. The move highlights the government’s intent to capture a larger share of revenue from a booming sector that now boasts over 20 million users, outpacing the country’s traditional stock market investor base. New …
The Bank of Korea has established a new “Virtual Asset Team” within its Financial Payment Systems Bureau to oversee crypto markets and lead efforts in creating a Korean won-pegged stablecoin. This strategic move reflects increased focus on stablecoin regulation and market readiness as South Korea shifts from CBDC research to practical digital currency initiatives. The …
The United States Securities and Exchange Commission (SEC) has approved the in-kind creation and redemption of crypto assets exchange-traded products (ETPs). For the past 19 months, since the first spot Bitcoin (BTC) exchange-traded fund (ETF) was approved, the creation and redemption have been limited to an in-cash basis only. Following the July 29 approval, the …
Hong Kong’s stablecoin rules are set to launch this August, and JD.com is quietly making its move. According to local media, JD CoinChain, JD.com’s blockchain arm, has registered the names “JCOIN” and “JOYCOIN”, which are believed to be the company’s upcoming stablecoins, as per a report from Hong Kong media outlet, Ming Pao. JD’s Stablecoin …
The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has finalized its regulatory framework for stablecoin issuers, publishing two sets of guidelines that will come into effect on August 1. While the framework is now in place, the HKMA is expected to issue the first batch of stablecoin licences in early 2026, …
This is a bold move and one to watch! RAKBANK has become the first traditional bank in the country to offer crypto trading through its mobile banking app. The new service lets customers buy, sell, and swap cryptocurrencies directly in AED with no need to convert to foreign currencies or use third-party exchanges. It’s powered …
RAKBANK, holding AED 88.3 billion in assets, has become the first conventional bank in the UAE to offer Bitcoin and cryptocurrency trading services to retail customers. This move marks a significant step in bringing digital assets into mainstream banking. By allowing everyday customers to trade crypto directly through its platform, RAKBANK is making digital currency …
Georgia is one of the top 10 bitcoin-friendly countries with a favorable tax regime. It has the second-highest bitcoin mining hashrate, making it a leader in the global crypto sphere. With low-cost electricity, the country is attracting new crypto startups and investors for crypto-related activities. Cryptocurrency is not considered legal tender in Georgia; however, owning …
In a major move for the region, OKX has become the first global crypto exchange to offer regulated crypto derivatives to retail investors in the United Arab Emirates. This expansion falls under the Dubai Virtual Assets Regulatory Authority (VARA)’s pilot program, opening the door for everyday traders to access more advanced tools. OKX Brings Derivatives …
Following the establishment of GENIUS Act, major US companies are stepping up to aggressively expand their crypto offerings. One of them is PayPal, which is bringing cryptocurrency deeper into mainstream commerce. The payments giant has announced a new feature called “Pay With Crypto,” allowing U.S. merchants to accept over 100 cryptocurrencies at checkout. However, these …
El Salvador’s Bitcoin journey is facing fresh doubts. The government says it’s still buying BTC every day, but the IMF disagrees. This raises questions about how much Bitcoin is really helping and if the country’s original crypto vision is starting to fade. Locals Still Use BTC in Berlin In the mountain town of Berlin, El …
Maksym Sakharov, CEO of decentralized bank WeFi, says Japan’s slow and cautious regulatory process is the main reason Web3 startups and crypto funds are moving overseas—not the high taxes. Japan requires a two-step approval from the Japan Virtual and Crypto Assets Exchange Association and the Financial Services Agency, which can take 6 to 12 months …
South Korea is racing to finalize a trade agreement with the U.S. before August 1, when tariffs on Korean exports could rise to 25%. Seoul aims to secure terms at least as favorable as Japan’s recent 15% tariff cap. Key issues include shipbuilding cooperation, while sensitive topics like beef and rice imports are off the …
Fitch Ratings downgraded Finland’s long-term foreign-currency issuer rating from “AA+” to “AA,” citing rising government debt and insufficient measures to control spending. Debt is expected to rise to 86.3% of GDP in 2025 and may exceed 90% by 2029, well above peer averages. Despite a €9 billion fiscal package, deficits are set to remain above …
U.S. Senator Cynthia Lummis has called Bitcoin “freedom money,” praising it as a hedge against inflation and a tool for financial independence. Her remarks come amid growing interest in Bitcoin as a stable store of value, especially during times of economic turbulence. Bitcoin as a Lifeline in Tough Times Appearing on Fox Business, Senator Lummis …
Ghana, a West African nation, is preparing to license cryptocurrency platforms in response to the growing demand for digital assets. New Framework by September According to a report from Bloomberg, the Bank of Ghana plans to propose a new regulatory framework by September to oversee and license crypto platforms nationwide. With around 3 million adults, …
Ghana plans to officially license and regulate cryptocurrency platforms as part of new digital finance reforms. The Bank of Ghana will require crypto exchanges and wallet providers to register and comply with licensing, AML, and KYC rules. Draft legislation is expected by September 2025. This move aims to protect consumers, prevent illicit activity, and boost …
Congress has introduced a bill directing the VA Secretary to conduct a study on implementing blockchain technology within the Department of Veterans Affairs. The study aims to assess blockchain’s potential to improve efficiency, security, and transparency in benefits processing and records management. The VA will consult experts and veteran groups and report findings to Congress …
India has upgraded its tax surveillance to tackle evasion in digital banking, cryptocurrency, and cloud storage. The Central Board of Direct Taxes (CBDT) is actively involved in global crypto regulation talks. From April 1, 2026, digital evidence will be crucial in investigations, enhancing authorities’ ability to track tax evasion. Access to crypto wallets will be …
The Indian government has stirred up fresh confusion for crypto users and traders. Currently, global crypto exchanges in India exist in a grey area, as they are neither legal nor illegal, and crypto assets remain unregulated under Indian law. Regulation Unclear, But Compliance Mandatory “At present, crypto or virtual assets are not regulated in India. …
South Korea’s Financial Supervisory Service (FSS) has issued fresh verbal guidance urging local asset managers to reduce their ETF exposure to crypto-related companies like Coinbase and MicroStrategy. This move reinforces the country’s long-standing 2017 policy that restricts financial firms from investing in or holding digital assets. Some Korean ETFs currently exceed 10% exposure to these …
India’s crypto users continue to struggle with the high taxes and a lack of clear regulations. Former MP Ritesh Panday has once again stood up for India’s crypto community and is urging the government to cut 30% tax, remove the 1% TDS and bring in clear regulations. Over-Regulation Could Kill India’s Web3 Potential He explained …
India’s crypto ecosystem just got a major boost. Hashed Emergent and Black Dot Policy Advisors have unveiled the COINS Act, a bold blueprint for crypto regulation in India. This is a first-of-its-kind model law, which focuses on clarity, innovation, and user rights. This is a big step toward establishing a progressive and consistent approach to …