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Policy
Panama City Mayor Explores Bitcoin Payment Options for Canal Transit Fees
The Mayor of Panama City, Mayer Mizrachi, has been exploring the possibility of integrating bitcoin payments into the city's services, including transit fees for the Panama Canal. This idea was discussed at the Bitcoin 2025 conference in Las Vegas, where Mizrachi mentioned the potential benefits of setting up a bitcoin reserve and offering incentives for bitcoin payments, such as expedited proces…
May 29, 2025, 8:22 p.m.
Policy
Soulja Boy Dropped from New Jersey Governor Rally by Stand With Crypto Following Sexual Assault Verdict
Soulja Boy, whose real name is DeAndre Cortez Way, was initially set to perform at a 'get out the vote' event in Jersey City, organized by Stand With Crypto, to mobilize crypto enthusiasts ahead of New Jersey's gubernatorial primary election. However, following a court ruling that found him liable for sexual battery and assault, he has been removed from the event lineup. The rally, scheduled for …
May 29, 2025, 7:07 p.m.
Policy
Russian Financial Institutions Now Allowed to Offer Crypto-Tied Products to Accredited Investors
The Bank of Russia has announced that financial institutions are permitted to offer cryptocurrency-linked financial instruments to accredited investors, marking a significant development in the country's crypto landscape. In a recent statement, the bank noted that "financial institutions may provide qualified investors with financial derivatives, securities, and digital financial assets whose ret…
May 29, 2025, 7:02 p.m.
Policy
BPX Exchange Joins UK's Crypto Register as a Tokenization Platform
The BPX Exchange, a platform specializing in tokenization, has been successfully added to the UK's crypto register, marking the first new entry since April and only the third addition this year, as indicated on the Financial Conduct Authority's website. As a result, the company, which operates a digital securities exchange for investment funds, is now permitted to offer its services to clients wi…
May 29, 2025, 3:09 p.m.
Policy
Bybit Receives MiCA License from Austrian Regulatory Authority
Bybit, a prominent cryptocurrency exchange, has obtained a license to operate in Austria under the European Union's Markets in Crypto Assets (MiCA) framework, as stated on the Austrian regulator FMA's website. The introduction of MiCA regulations in Europe has prompted companies to strategically select a base country for their operations and expand services across the continent. Notably, Austria …
May 29, 2025, 10:50 a.m.
Policy
Pakistan Announces Plans to Create a Bitcoin Reserve and Allocate Energy for Cryptocurrency Mining
The government of Pakistan is set to establish a strategic bitcoin reserve and allocate 2000 megawatts of energy for cryptocurrency mining, according to an announcement made by the Minister of State for Blockchain and Crypto, Bilal Bin Saqib, at the Bitcoin 2025 conference in Las Vegas. The move is reportedly inspired by the US government's own plans for a strategic bitcoin reserve. Pakistan's re…
May 28, 2025, 10:34 p.m.
Policy
UK Financial Regulator Requests Feedback on Stablecoin and Crypto Asset Custody Regulations
The Financial Conduct Authority (FCA) of the United Kingdom is soliciting further input on its forthcoming stablecoin regulatory framework, as announced on Wednesday. In a statement, the FCA expressed its intention to explore the addition of a specific stablecoin focus to its innovation services in the near future. The proposed regulations are designed to ensure the stability of stablecoins and r…
May 28, 2025, 8:14 p.m.
Policy
New York City Mayor Eric Adams Advocates for the Abolition of BitLicense and Introduces 'BitBond' Concept
At the Bitcoin 2025 conference in Las Vegas, New York City Mayor Eric Adams urged for the termination of the BitLicense, promoting a more open environment for cryptocurrency businesses in the city. Adams invited crypto companies to establish themselves in New York, echoing his comments from the previous week's crypto summit at Gracie Mansion. He stated, 'New York is the Empire State, where we bui…
May 28, 2025, 6:59 p.m.
Policy
Vice President J.D. Vance Prioritizes Crypto Market Regulation Under Trump Administration
During the Bitcoin 2025 conference in Las Vegas, Vice President J.D. Vance emphasized the importance of establishing a clear and innovative regulatory framework for the crypto industry. He stated that this framework is crucial for fully integrating cryptocurrency into the US economy and preventing future administrations from reversing the current crypto-friendly policies. Vance expressed the admi…
May 28, 2025, 6:18 p.m.
Policy
Thai Authorities Detain Vietnamese National in Connection with $300 Million Cryptocurrency Fraud Scheme
A 30-year-old Vietnamese woman, Ngo Thi Theu, has been taken into custody by Thai law enforcement in connection with a cryptocurrency scam that allegedly duped 2,600 individuals and resulted in financial losses of $300 million, according to a report by Asia News Network on Tuesday. Following an Interpol red notice, Theu was apprehended by the Thai Crime Suppression Division at a hotel last Friday…
May 28, 2025, 5:41 p.m.