The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s state-backed Lazarus Group to launder its crypto. The Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed on May 1 to prohibit US financial institutions from opening or maintaining correspondent or payable-through accounts for […]
Visa goes global with stablecoin card rollout, enabling crypto spending at over 150 million merchants. Visa Makes Stablecoin Payments Seamless at 150M Stores Visa and Bridge launched a stablecoin-linked card that enables consumers to use digital assets for everyday purchases on Tuesday. The card allows payments in stablecoins at more than 150 million global merchant […]
The US Securities and Exchange Commission has filed to drop another of its crypto lawsuits, this time its unregistered securities sales case against crypto influencer and YouTuber Ian Balina. The SEC said in a May 1 joint stipulation with Balina to an Austin federal court that it “believes the dismissal of this case is appropriate,” […]
A jaw-dropping $800 million bitcoin treasure buried in a landfill is being transformed into a global media project, blending real-time drama, tech innovation, and environmental warfare. The Buried Bitcoin Docuseries Unleashes the Craziest Landfill Treasure Hunt Ever Los Angeles-based entertainment media company Lebul announced on April 29 that it has acquired the exclusive rights to […]
Decentralized finance (DeFi) lending platform Sky has pitched a proposal to finalize its upgrade from Maker by replacing its governance token and enabling staking. The proposal, posted on May 1 to Sky’s decentralized autonomous organization (DAO) forum, would see the Sky (SKY) token take over the Maker (MKR) token as the protocol’s governance token. If […]
Michael Saylor’s $10 million bitcoin prophecy gains traction as trillions remain locked behind advisor restrictions, signaling a massive institutional breakout is only just beginning. $10M Bitcoin? Saylor Says That’s When Financial Advisors Finally Get It Wealth management firms controlling more than $50 trillion in assets continue to limit access to bitcoin exchange-traded funds (ETFs), according […]
Stablecoins are rapidly transforming U.S. Treasury demand, reshaping financial markets, and redefining the global role of the U.S. dollar. US Treasury Signals Stablecoin Boom Could Reshape Fiscal Strategy The U.S. Department of the Treasury published on April 30 the official minutes from the April 29, 2025, meeting of the Treasury Borrowing Advisory Committee, emphasizing the […]
Strategy’s bitcoin-first model catapults its stock 3,142%, outpacing tech giants and signaling a seismic market shift toward sound money assets. MSTR’s Bitcoin Standard Bet Crushed Legacy Finance Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, has achieved a staggering return of 3,142% since transitioning to a bitcoin-focused business model. The dramatic surge in the company’s […]
Morgan Stanley is gearing up to offer direct crypto trading on E*Trade, signaling a seismic shift as Wall Street embraces bitcoin amid a more favorable regulatory environment in the United States. Morgan Stanley Plans E*Trade Crypto Launch Global investment bank Morgan Stanley is preparing to introduce cryptocurrency trading to its E*Trade platform, Bloomberg reported on […]
The new entity will raise up to $250 million in capital with the sole purpose of accumulating bitcoin. Metaplanet Launches U.S. Operations With New Subsidiary Metaplanet, the Japanese bitcoin treasury firm that pivoted away from hotel development last year, has entered the U.S. market and set up a new wholly-owned subsidiary in Miami, Florida, according […]
Key takeaways: Despite weak US manufacturing data, Federal Reserve liquidity plans and strong corporate earnings keep equities and crypto afloat. The total crypto market capitalization rose 8.5% since March. Cryptocurrency traders have frequently zoomed in on the need for crypto to show a clear “decoupling” from the stock market, and over the past 10 days, […]
Sachs explained that the Trump administration’s emphasis on applying tariffs on rival governments would not impact the growth of China and Russia if international trade continues to follow WTO rules. Jeffrey Sachs Labels Tariffs as a Mistake, Disregards Effects in Global Trade The Trump administration’s tariff move and its subsequent effects on global trade continue […]
