Blockchain & Digital Assets

May 28, 2025 @ 9:47 pm By Omar Faridi  |  

Conduit, a cross-border payments platform powered by stablecoins, announced it closed a $36 million Series A funding round. The funding round was co-led by Dragonfly and Altos Ventures, “with participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures (the issuer of the USDC stablecoin) and… Read More

May 28, 2025 @ 9:46 pm By Omar Faridi  |  

Block, Inc. announced it will launch bitcoin payments on Square, marking a significant milestone in making bitcoin more “accessible and usable.” Bitcoin payments on Square will be showcased at Bitcoin 2025 in Las Vegas from May 27-29, where attendees can “experience this new feature firsthand… Read More

May 28, 2025 @ 4:13 pm By JD Alois  |  

The SEC’s next Crypto Task Force Roundtable is preparing to tackle DeFi or decentralized finance. Entitled “DeFi and the American Spirit,” SEC Commissioner Hester Peirce says DeFi “exemplifies the promise of crypto, as it allows people to interact without intermediaries.” “I look forward to learning… Read More

May 28, 2025 @ 12:15 pm By JD Alois  |  

UK-based Fintech Merge has received approval to operate under an Electronic Money Institution (EMI) licence and Virtual Asset Service Provider (VASP) granted by the AMF and ACPR in France. Merge states that it is one of the few firms to hold both regulatory approvals. Merge… Read More

May 28, 2025 @ 11:43 am By Omar Faridi  |  

Regtech Sumsub have completed their first public integration of Sumsub ID at Solana Accelerate in New York. The demonstration highlighted how users can issue on-chain credentials, such as attestations, “via the new Solana Attestation Service (SAS), a built-in protocol from Layer 1 blockchain Solana, based… Read More

May 28, 2025 @ 9:30 am By Tony Zerucha  |  

Federal oversight of stablecoins is forthcoming. Last month, the House Financial Services Committee reviewed the STABLE Act (HR 2392). Introduced by Chairman French Hill and Rep. Bryan Steil, the STABLE Act expands federal oversight of stablecoins by strengthening compliance mechanisms and providing clear rules for their… Read More

May 28, 2025 @ 8:57 am By Omar Faridi  |  

Volante Labs Limited, under the leadership of CEO Joey Bertschler, has officially launched the Volante Card, the Web3-enabled prepaid card designed specifically for salary disbursement—no traditional bank account required. Designed to serve unbanked individuals globally—and to offer a cost-effective alternative in regions “affected by inflation… Read More

May 28, 2025 @ 8:45 am By Omar Faridi  |  

Gemini has released their 2025 Global State of Crypto report in partnership with Data Driven Consulting Group. The report offers a breakdown of investor awareness around cryptocurrencies, motivations for “owning and trading, crypto ETF adoption, the impact of the Trump administration’s policies on crypto, and… Read More

May 27, 2025 @ 10:32 pm By JD Alois  |  

Bitstamp, a crypto exchange owned by Robinhood (NASDAQ: HOOD), is offering staking for UK customers. Staking is a method where holders of digital assets that utilize Proof of Stake may generate passive income for investors. UK account holders maintain ownership of their crypto while generating income…. Read More

May 27, 2025 @ 10:11 pm By Omar Faridi  |  

Elliptic, the global firm focused on digital asset decisioning has added the XDC Network to its list of supported blockchains. Elliptic’s technology streamlines the “onboarding of blockchains like XDC, providing access to AML solutions within just 45 days.” This integration enables the next generation of… Read More

May 27, 2025 @ 9:26 pm By Omar Faridi  |  

YZi Labs has invested in Avalon Labs, an on-chain capital market for Bitcoin, building a scalable, transparent, and accessible financial network that unlocks Bitcoin’s economic potential. As the world’s issuer of Bitcoin-backed stablecoins, Avalon is transforming Bitcoin from “a passive store of value into a… Read More

May 27, 2025 @ 7:31 pm By Omar Faridi  |  

PDX Global, a digital payments technology developer for the crypto economy, announced that PDX Beam—its crypto-to-cash payments platform for consumers and merchants—now supports OFFICIAL TRUMP, the $TRUMP token. It is one of the crypto tokens on the Beam platform that can be “used for merchant… Read More

May 27, 2025 @ 5:05 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has issued “principles” for the Securities and Exchange Commission (SEC) on the regulation of digital assets, or crypto. NASAA is the entity that represents all state and provincial securities regulators across the continent. At times in the past,… Read More

May 27, 2025 @ 4:45 pm By Omar Faridi  |  

Swedish firm H100 Group AB has reportedly raised SEK 21 million (approximately $2.2 million) in a funding round structured as a 0% interest convertible loan. The investment round was led by Adam Back, the CEO of Blockstream and a prominent figure in the Bitcoin community,… Read More

May 27, 2025 @ 4:42 pm By JD Alois  |  

Tokeny will be working with a licensed Digital Asset Service Provider (DASP), Ditobanx.  According to a public statement, Ditobanx is seeking to enter into the RWA tokenization sector. Ditobanx says it will be launching COINGT, a $325 million tokenized infrastructure initiative backed by equity in the… Read More

May 27, 2025 @ 11:52 am By JD Alois  |  

Trump Media  (Nasdaq, NYSE, Texas: DJT) is planning to purchase Bitcoin and is raising $2.5 billion to execute the mission. In a public statement issued earlier today, Trump Media said has entered into subscription agreements with around 50 institutional investors, to issue and sell approximately… Read More

May 27, 2025 @ 11:28 am By JD Alois  |  

Switzerland-based Sygnum, a digital asset bank, has announced that J. Christopher Giancarlo will be joining Sygnum as a Senior Policy Advisor. Giancarlo, the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), is well-known for his support of digital asset innovation. Giancarlo served at the CFTC… Read More

May 27, 2025 @ 9:45 am By Omar Faridi  |  

On the back of Hong Kong passing the stablecoin bill, Evan Auyang, Group President of Animoca Brands, thinks it signals that this city is doing what few other jurisdictions have achieved: offering stablecoin issuers real, regulatory clarity without stifling innovation. And the timing is telling,… Read More

May 27, 2025 @ 9:33 am By JD Alois  |  

Bitcoin is currently trading around $109,000 after hitting a new all-time high of almost $112,000. Of course, many Bitcoin prognosticators are sharing their predictions regarding near-term and longer-term price expectations. One big holder anticipates Bitcoin to be measured in the millions of dollars in the… Read More

May 27, 2025 @ 7:56 am By Omar Faridi  |  

The Blockchain Group (TBG), a French-based company focused on blockchain technology and cryptocurrency investment, announced a significant step in its Bitcoin Treasury Company strategy through a €63.3 million convertible bond issuance. This move aims to enhance TBG’s Bitcoin holdings, potentially increasing its total to approximately… Read More