Senate Democrats Block US Stablecoin Bill
Senate Democrats blocked a bipartisan bill intended to establish a legal framework for cryptocurrency, after concerns arose about President Donald Trump’s ties to the industry, disrupting negotiations.
Coinbase Q1 Revenue Falls by 10%
Coinbase reported a 10% quarter-over-quarter revenue decline to $2 billion in Q1, falling short of industry estimates by 4.1% as market trading activity slowed.
Space and Time Launches on Mainnet to Power a New Generation of Data-Driven Crypto Apps
San Francisco, California, 8th May 2025, Chainwire
OCC: US Banks Can Buy and Sell Customer Digital Assets
The OCC’s latest interpretive letter, published Wednesday, cements national banks’ authority to engage in crypto asset transactions and custody without pre-approval—a significant pivot from 2021’s restrictive stance.
Texas Senate Advances Bill Aimed at Creating a Bitcoin Reserve
The Texas legislature has advanced groundbreaking cryptocurrency legislation with Senate Bill 21, which would establish an official state Bitcoin reserve.
Robinhood Plans Blockchain Platform for European Investors to Trade US Stocks
Robinhood is reportedly building a blockchain-based trading network that would allow European retail investors to access US securities.
Dogecoin: A Brief Guide
Dogecoin was created in 2013 by software engineers Billy Markus and Jackson Palmer as a joke based on the popular “Doge” meme, featuring a Shiba Inu dog.
CFTC to Drop Appeal Against Prediction Market Kalshi
The Commodity Futures Trading Commission (CFTC) on Monday moved to withdraw its appeal of a federal judge’s decision allowing commodities exchange KalshiEx to place bets on US political election outcomes.
Bitwise Files to Launch a NEAR ETF
Bitwise Asset Management has made a significant move by applying to the US SEC for a spot NEAR exchange-traded fund, marking an important milestone for the altcoin market.
Indonesia Suspends Sam Altman’s Worldcoin Project
Indonesia’s Ministry of Communication and Digital, known as Komdigi, has suspended the registration licenses for Worldcoin and its identity verification service, WorldID, due to rising public concerns and potential regulatory violations.
VanEck Files Application with SEC to Launch a BNB ETF
VanEck has filed for approval to launch an exchange-traded fund (ETF) tracking the spot price of the BNB token.
US House Unveils Crypto Market Structure Discussion Draft
Key US House committees have released a new crypto market structure discussion draft, marking a significant step in regulating digital assets.
Deribit Announces Plans to Expand to US
Deribit, the world’s leading crypto options exchange, is considering entering the US market.
Binance to Launch Crypto Payments in Kyrgyzstan
Binance has joined forces with the Kyrgyzstan government to introduce crypto payment systems and launch blockchain education initiatives in the country.
Saylor’s Strategy to Acquire More BTC
Michael Saylor’s firm, Strategy, is doubling its capital raising plan to $84 billion to aggressively purchase more Bitcoin, despite reporting a record $4.2 billion net loss in the first quarter of 2025.
