Category: Crypto News

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In a dramatic regulatory reversal, the U.S. Securities and Exchange Commission (SEC) dropped its landmark lawsuit against Binance and founder Changpeng Zhao on May 29, 2025, ending a two-year battle that once threatened the world’s largest crypto exchange. Does this dismissal, signed jointly by both sides, indicate a new era for crypto oversight under the…

Key Takeaways: U.S. Representative French Hill has introduced the Digital Asset Market Clarity Act of 2025, backed by bipartisan support. The Act proposes comprehensive registration regimes to allow digital asset firms to operate legally within the U.S. market. Lawmakers emphasize the bill’s focus on consumer protection, innovation, and institutional clarity for investors and entrepreneurs. A…

Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy. According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens. Santander joins a…

BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto. According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat. Despite that pause, the ETF has…

Paris Saint-Germain announced on May 29 that the club holds Bitcoin (BTC) on its balance sheet and plans to expand PSG Labs to support companies building on the network. During the 2025 Bitcoin Conference in Las Vegas, a spokesperson revealed that the club shifted part of its cash reserve into Bitcoin in 2024 and still holds…

Key Takeaways: President Tokayev announced the creation of “CryptoCity,” a pilot zone for using cryptocurrency in everyday transactions. CryptoCity will operate as a regulated sandbox to test the use of digital assets for purchasing goods, services, real estate, and investments. The initiative builds on Kazakhstan’s ongoing efforts to modernize its financial infrastructure. Kazakhstan is preparing…