Trump-backed American Bitcoin to go public via Gryphon merger
Existing shareholders of American Bitcoin, including Eric Trump, Donald Trump Jr., and Hut 8, will retain 98% ownership of the merged company
Crypto industry loses momentum as US Senate rejects stablecoin legislation
The sector invests $119M in pro-crypto candidates and frames the issue as bipartisan. 60 votes are required to advance, with only 49 in favour
Pakistan crypto council puts nation on global blockchain map in just 50 days
PCC begins drafting a comprehensive regulatory framework, all while promoting Pakistan as a hub for blockchain-based financial solutions
Trump-backed USD1 stablecoin powers $2B Binance deal with Abu Dhabi firm
The identities of major holders remain unknown, though a single anonymous wallet received $2 billion worth of USD1
Visa partners with Bridge to enable crypto purchases via stablecoin cards
Customers will be able to use the stablecoin-linked cards at any merchant that accepts Visa
Pakistan enters new era of crypto and digital finance, says Info minister
With 60% of Pakistan's population under 30, the minister sees immense potential to activate this demographic for new job creation
Trump-backed World Liberty Financial signs landmark deal with Pakistan Crypto Council
The collaboration aims to boost Pakistan's adoption of blockchain, DeFi, and stable-coin solutions for remittances and trade.
U.S. banking regulators ease stance on cryptocurrency activities
Fed, FDIC, and OCC withdraw several supervisory documents urging banks to exercise caution in their dealings with digital assets
Trump’s $TRUMP coin surges 60% after gala dinner offer for top buyers
The top 220 buyers of the $TRUMP token will be invited to a dinner on May 22 at the Trump National Golf Club in Washington
Binance halts withdrawals briefly due to AWS Tokyo outage
Binance says no user assets affected during brief withdrawal pause
U.S. SEC crypto task force examines legal framework for digital assets
The discussion focuses on whether existing securities laws apply to digital assets and whether a separate regulatory framework is necessary
Bitcoin surges 20% as Trump proposes U.S. strategic crypto reserve
Bitcoin trades around $91,605, up from its low of $78,273 last week
North Korea linked to $1.5 billion crypto theft from ByBit, says FBI
ByBit, which serves over 60 million users, confirms that an attacker accessed an ether wallet and transferred its holdings to an unknown address
Bitcoin falls below $90,000, hitting lowest level since November
The decline marks the first time Bitcoin has fallen below the key $90,000 level since mid-January
US securities regulator to drop lawsuit against cryptocurrency exchange platform
Under the current administration, the SEC scales back crypto enforcement and refocuses on cyber and emerging technologies