Bitcoin trades just around the key psychological resistance at $95,000 as bullish momentum continues to build following a resilient recovery phase marked by consolidation and declining intraday volume. Bitcoin On the daily chart, bitcoin shows signs of a V-shaped recovery, rebounding sharply
On April 29, 2025, the European Securities and Markets Authority (ESMA) published guidelines to enhance supervisory practices for preventing and detecting market abuse in crypto assets under the Markets in Crypto Assets Regulation (MiCA). Tailored for National Competent Authorities (NCAs), the guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) and
On April 29, 2025, the UK Treasury announced the release of a draft Statutory Instrument (SI) and a Policy Note detailing the UK’s upcoming financial services regulatory framework for cryptoassets, including stablecoins. Following proposals outlined in October 2023 and reaffirmed in November 2024, the draft SI establishes new regulated activities, such as operating
AUSTRAC is cracking down on inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or face forced cancellation to prevent criminal exploitation. Significant Proportion of 427 Registered Exchanges Inactive Australia’s AUSTRAC is taking decisive action against inactive digital asset exchanges, urging them to voluntarily withdraw their
On April 29, 2025, Bunq, the second largest neobank in Europe, announced the launch of Bunq Crypto, enabling users to invest in cryptocurrencies directly through its secure banking app. Initially available in the Netherlands, France, Spain, Ireland, Italy, and Belgium, the service will gradually expand to the entire European Economic Area, as well as the […]
The United Arab Emirates division of the cryptocurrency exchange Gate has secured a license from Dubai’s Virtual Assets Regulatory Authority, allowing it to offer exchange services to institutional and retail investors. Gate’s Commitment to Operating Within Legal Frameworks Gate Technology FZE, the United Arab Emirates (UAE) division of the cryptocurrency exchange Gate
Stablecoin issuer Circle has secured In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to operate as a money services provider. Circle Eyes Greater Role in UAE Circle Internet Group, the leading global financial technology company and issuer of the USDC stablecoin, has received In-Principle Approval (IPA) from
The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with hydropower (23.4%) and wind (15.4%) as leading sources. North America Dominance According to the latest Cambridge Centre for
Chinese President Xi Jinping underscored BRICS’ New Development Bank (NDB) as a crucial emerging force in the global financial system during discussions with NDB President Dilma Rousseff. He emphasized that the NDB, spearheaded by BRICS nations, embodies the growing leadership of developing economies and stands as a golden symbol of Global South cooperation. Xi advocated
Sofi is storming back into crypto with full force, leveraging a pivotal regulatory shift to embed digital assets across its financial ecosystem. Regulatory Update Sparks Sofi’s Crypto Reentry Anthony Noto, chief executive officer of fintech company Sofi, confirmed in an interview with CNBC on Monday that the digital finance platform intends to reintroduce cryptocurrency










