Bhutan sells $72M Bitcoin as reserves shrink
Bhutan has offloaded more than $72 million worth of Bitcoin, continuing a broader trend of reducing its national crypto holdings amid market weakness.
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Bhutan has offloaded more than $72 million worth of Bitcoin, continuing a broader trend of reducing its national crypto holdings amid market weakness.
SBI VC Trade has launched a retail USDC lending service in Japan, allowing users to lend stablecoins to the platform in exchange for fixed-term returns.
Crypto firms have urged US universities to expand education on decentralised finance, citing growing demand for blockchain talent across Wall Street and traditional finance.
Institutional investors remain bullish on crypto, with 74% expecting prices to rise over the next 12 months despite recent market volatility.
UK lawmakers have called for an immediate moratorium on cryptocurrency donations to political parties, citing risks to national security and electoral integrity.
Ethereum developers are testing a Fast Confirmation Rule that could cut bridge and deposit times by up to 98%, reducing delays to around 13 seconds.
Crypto use for payments in Australia has doubled over the past year, but increasing banking restrictions are creating new friction for users, according to an Independent Reserve survey.
The US Securities and Exchange Commission has clarified that nonfungible tokens are generally not considered securities, placing them in a category of digital collectibles.
The US Federal Reserve kept interest rates unchanged at 3.5%–3.75%, citing uncertainty around the economic impact of the Iran war and persistent inflation pressures.
US Senator Cynthia Lummis said lawmakers are close to passing a long-awaited digital asset market structure bill, with key disagreements now nearing resolution.
Kraken has paused plans for a multibillion-dollar initial public offering after filing confidentially with the US Securities and Exchange Commission, citing challenging market conditions.
Changpeng Zhao has dismissed accusations that Binance facilitated Iran-linked or terrorism-related transactions, arguing the claims lack logic and offer no business incentive for the exchange.
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