Circle’s IPO Valuation Climbs to $6.9B with Latest Pricing Adjustment
Circle Internet Group has adjusted its IPO terms yet again, now targeting $1.05 billion by pricing shares at $31—surpassing its prior $27-$28 range.
Hong Kong Expands Crypto Market with Professional Investor Derivatives
The Hong Kong Securities and Futures Commission (SFC) has announced plans to introduce regulated digital asset derivatives trading exclusively for professional investors.
California Bill to Enable Crypto Payments Advances to Senate
A California bill that would permit state agencies to accept cryptocurrency payments has passed the Assembly unanimously.
South Korea Chooses Crypto Over Conservatism in Historic Election
In a decisive rebuke to political instability, South Korean voters elected pro-crypto reformist Lee Jae-myung as president.
Truth Social Files for Bitcoin ETF Through NYSE Arca
Donald Trump’s Truth Social platform has taken steps toward launching a Bitcoin ETF through a NYSE Arca filing with the SEC.
Lawsuit Alleges TaskUs Mishandled Coinbase Customer Data
A May 27 lawsuit in Manhattan accuses outsourcing firm TaskUs of failing to secure Coinbase customer data after an employee allegedly leaked sensitive information to hackers.
Singapore Sets June 30 Deadline for Crypto Firms—Violators Risk Jail Time
Crypto businesses operating abroad must stop services or obtain licensing by June 30, 2025, or face S$250,000 fines and three-year prison sentences.
Australia Enforces $5K Limit on Crypto ATMs as Scams Increase
Australia has implemented new restrictions on cryptocurrency ATMs, including a $5,000 AUD ($3,250) cap on cash transactions, as authorities report a spike in fraudulent activity.
Metaplanet Doubles Down on Bitcoin with $117M Purchase—Now Holds 8,888 BTC
The Japanese firm just bought another 1,088 Bitcoin for $117.5 million, pushing its total holdings to 8,888 BTC (~$930 million).
Meta’s Bitcoin Treasury Proposal Fails Amid Near-Unanimous Opposition
A proposal to assess Bitcoin as a potential treasury asset for Meta was decisively rejected, with only 0.08% of shareholders in favor.
How Saylor’s Bitcoin Strategy Is Reshaping Crypto Markets
Michael Saylor’s latest Bitcoin chart post isn’t just another tweet – it’s become Wall Street’s most watched signal for institutional crypto adoption.
Santander Eyes Stablecoin Expansion in Crypto Banking Push
Banco Santander could soon join the ranks of banks embracing crypto, with plans under consideration for a proprietary stablecoin and retail digital asset services.
SEC Seeks Dismissal of Binance Lawsuit in Joint Filing
The SEC has moved to dismiss its lawsuit against Binance, according to a May 29 court filing.
New US Crypto Bill Sets Strict Rules for Exchanges and Developers
The “CLARITY Act of 2025,” introduced by Representative French Hill with bipartisan support, outlines a comprehensive regulatory framework for digital assets, with significant implications for crypto businesses.
Pakistan Establishes Sovereign Bitcoin Reserve in Policy Reversal
The Government of Pakistan has authorized the creation of a national Bitcoin strategic reserve, Crypto Council Chairman Bilal Bin Saqib announced May 28 at the Bitcoin 2025 conference in Las Vegas.
