Short News
522 articles
Hong Kong Moves Forward with Stablecoin Licensing
The Hong Kong Legislative Council has passed the Stablecoin Bill, clearing the way for regulated stablecoin issuers. Starting later this year, institutions can apply to the Hong Kong Monetary Authority to become licensed stablecoin providers. The new rules require stablecoins to be fully backed by legal tender, aiming to increase trust and security in the …
Qadir AK·21 May 20251 min
Nasdaq-Listed BTCS Buys $8.4M in ETH
BTCS, a Nasdaq-listed blockchain firm, has bought 3,450 ETH for about $8.42 million, paying an average of $2,441 per ETH. This move increases its total Ethereum holdings to roughly 12,500 ETH, a 38% jump since the end of Q1 2025. Earlier, BTCS secured a $57.8 million funding deal with ATW Partners through convertible notes, aimed …
Elena R·21 May 20251 min
South Korea Tightens Crypto Rules as New Policies Roll Out
Starting June 2025, South Korea will allow non-profits to sell donated cryptocurrencies and let exchanges convert user fees paid in crypto. At the same time, the Financial Services Commission (FSC) is stepping up efforts to prevent money laundering by enforcing stricter KYC (Know Your Customer) rules. Exchanges and banks must improve their identity checks and …
Qadir AK·21 May 20251 min
Short NewsSEC Delays Decisions on XRP, Dogecoin, and Ethereum ETF Proposals
The U.S. SEC has postponed its decisions on several crypto ETF proposals, including 21Shares Core XRP Trust, Grayscale XRP Trust, and Grayscale Dogecoin Trust. The agency is also delaying its decision on Bitwise’s Ethereum ETF with staking. The SEC has called for public comments on these proposals, signaling a longer review process. As interest in …
Zafar Naik·21 May 20251 min
Short NewsTexas Moves Closer to Building a Strategic Bitcoin Reserve
The Texas House of Representatives has approved the Strategic Bitcoin Reserve Bill (SB 21) on its second reading, bringing the state closer to officially investing in Bitcoin. The bill aims to create the “Texas Strategic Bitcoin Reserve,” allowing Texas to include Bitcoin in its financial portfolio. With the Senate’s support secured, the proposal now awaits …
Elena R·21 May 20251 min
Short NewsCoinbase Confirms Breach, Refuses to Pay Up
Coinbase has revealed a security breach where attackers bribed overseas customer support agents to access user data through social engineering. The compromised information affected less than 1% of monthly users and included names, addresses, phone numbers, and limited account details. Importantly, no passwords, private keys, or user funds were accessed. The attackers demanded a $20 …
Qadir AK·15 May 20251 min
Mastercard & MoonPay Launch Stablecoin Cards for 150M Merchants
Mastercard has partnered with MoonPay to introduce stablecoin cards, allowing users to pay with cryptocurrencies at more than 150 million merchants worldwide. This collaboration makes it easier for people to use digital currencies in daily life, bridging the gap between traditional finance and crypto. By bringing stablecoins into Mastercard’s extensive payment network, the partnership aims …
Qadir AK·15 May 20251 min
Ukraine Set to Launch National Bitcoin Reserve
Ukraine is preparing to create a national Bitcoin reserve. MP Yaroslav Zheleznyak announced that a draft bill is being developed and will be submitted soon. The legislation will help formalize the country’s plan to hold Bitcoin as part of its national assets. This step highlights Ukraine’s growing focus on integrating cryptocurrency into its financial system, …
Qadir AK·15 May 20251 min
JPMorgan Steps Into Crypto with Tokenized Treasury Trade
JPMorgan has completed its first tokenized U.S. Treasury transaction on a public blockchain, marking a major step toward merging traditional finance with blockchain technology. The trade was settled using Ondo Finance and Chainlink, showing how real-world assets like Treasuries can move through decentralized networks. This move highlights growing interest from major institutions in using blockchain …
Elena R·14 May 20251 min