Author
Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.
NewsExtended Crypto Cycle Ahead, Says Bitwise CIO as Bitcoin Hits $110K
As Bitcoin surges past $110,000 and the U.S. shifts toward pro-crypto regulation, industry insiders like Bitwise’s Chief Investment Officer, Matt Hougan, are predicting a bull market that is likely to be longer and more powerful than before. In a recent post on X, Hougan urged investors to rethink their timelines. The traditional four-year boom-and-bust rhythm …
Zafar Naik·11 Jun 20253 min
Donald Trump Eyes Scott Bessent to Replace Jerome Powell as FED Chair in 2026
The race to lead the U.S. Federal Reserve is heating up well ahead of schedule. According to fresh reports, President Donald Trump is eyeing Treasury Secretary Scott Bessent as his top pick to replace Jerome Powell as Fed Chair, despite Powell’s term not expiring until May 2026. While the formal selection process hasn’t started, the …
Zafar Naik·11 Jun 20253 min
NewsU.S vs South Korea: Who’s Winning the Stablecoin Regulation Race?
South Korea has taken the lead on stablecoin regulation. On June 10, the country passed the Digital Asset Basic Act, allowing companies to issue stablecoins under clear rules—while the US still struggles to finalize its own legislation. South Korea Legalizes Stablecoins Under the new law: Companies can issue stablecoins with a minimum capital of 5 …
Zafar Naik·10 Jun 20252 min
Short NewsSouth Korea Proposes New Crypto Bill with Stablecoin Licensing Rules
South Korean lawmaker Min Byeong-deok has introduced a new bill aimed at strengthening crypto regulations. Called the Digital Asset Basic Act, the proposal includes a licensing system for stablecoin issuers. To qualify, issuers must hold over 500 million Korean won (about $367,890) in owner’s capital. Min, a member of the ruling Democratic Party, said the …
Zafar Naik·10 Jun 20251 min
RegulationCrypto Regulations in Portugal 2025
Portugal used to be a tax haven for crypto users before it established a tax policy on crypto activities. However, Portugal remains one of the crypto-friendly countries, with growing interest in digital assets. Its crypto regulatory landscape has evolved since 2023, when the laws stood closer to the European Union standards. Now, a notable percentage …
Zafar Naik·10 Jun 20254 min
Kenya’s Crypto Tax Threatens Africa’s Digital Economy to Halt Before It Can Unify
As Kenya imposes a 1.5% tax on every crypto transaction, it threatens to disrupt Africa’s digital integration. It can also jeopardize the region’s fintech leadership, driving startups and talent abroad. The African Continental Free Trade Area (AfCFTA) sees 54 nations as a unified market incorporating digital assets. But new rules and regulations in different African …
Zafar Naik·9 Jun 20253 min
Short NewsThe Blockchain Group Seeks €300M to Expand Bitcoin Treasury
Europe’s The Blockchain Group is planning to raise €300 million through an “ATM-type” capital program in partnership with TOBAM. The funds will support the company’s Bitcoin Treasury strategy, helping it grow and strengthen its Bitcoin holdings. This move aims to accelerate their long-term vision of building a robust Bitcoin asset base. By partnering with TOBAM, …
Zafar Naik·9 Jun 20251 min
Ripple Partners with Web3 Salon to Boost Japan’s Web3 Startups
Ripple has teamed up with Web3 Salon to boost Japan’s digital asset startup scene. The partnership focuses on supporting early-stage startups that are building on the XRP Ledger. As part of the program, Ripple will offer up to $200,000 in grant funding for each selected project. This move aims to strengthen the local Web3 ecosystem …
Zafar Naik·9 Jun 20251 min
NewsBinance Proof-of-Reserves Highlights Investor Move from BTC to ETH
Binance has released its 31st Proof-of-Reserves (PoR) snapshot as of June 1, showing minor shifts in user holdings across top assets. The numbers reflect routine market adjustments but offer a pulse on investor sentiment heading into mid-2025. BTC Down, ETH Up, USDT Slightly Lower According to the report, Binance users now collectively hold 593,000 BTC, …
Zafar Naik·9 Jun 20252 min