Crypto Breaking News

US congressional leaders reached an agreement on a housing bill that includes a ban preventing the Federal Reserve from issuing a central bank digital currency until Dec. 31, 2030.

Elon Musk’s net worth briefly hit about US$1.4 trillion, momentarily exceeding bitcoin’s roughly US$1.31 trillion market value after SpaceX shares jumped 67% above their IPO price.

South Korean police charged 23 people accused of laundering funds linked to a Cambodia-based phishing operation that allegedly moved US$11.1 million through cryptocurrency transactions.

Sarvam AI has become India's latest AI unicorn after raising $234M from investors including HCL Tech, Bessemer, and Khosla Ventures. Co-founder, Pratyush Kumar, joined Paul Allen on Insight with Haslinda Amin t

Abhay Agarwal, founder of GetBit, said India may revisit its cryptocurrency tax framework within two to four years as regulators gain greater visibility into the sector.

Illinois Governor JB Pritzker signed a budget bill introducing a 0.2% tax on cryptocurrency transactions involving state residents as part of a US$55.9 billion fiscal 2027 budget.

Russia's Finance Ministry said USD Coin will be added to the country's approved cryptocurrency list alongside Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH) and Tether.

South Korea's retail cryptocurrency trading volume fell 28% year-on-year to US$69 billion in the first quarter of 2026, according to data from TRM Labs.

Despite Zhipu being the hottest stock on the HSTECH Index this year, Felix Wang of Hedgeye Risk Management says the fair value for the stock on the short side is HK$407. He adds that Zhipu lacks pricing power, particularly after the release of DeepSeek's V4 model, which has triggered a price war among Chinese AI firms. He spoke on "Bloomberg: The China Show."

DK Bank, operating in Bhutan's Gelephu Mindfulness City, launched as a regulated bank focused on serving crypto businesses.

Canada announced sanctions against 162 Russian-linked individuals, organisations and vessels, including crypto platform Grinex, as part of a broader effort to target Russia's financial and export infrastructure.

Iran is set to receive broad financial incentives as part of its agreement with the US, including the right to sell oil immediately, according to a final draft of the deal. Bloomberg's Abeer Abu Omar reports from Dubai.