Twenty One, a firm specializing in Bitcoin investment and blockchain technologies, is preparing for its public listing on the New York Stock Exchange (NYSE) on December 9. The company aims to leverage growing institutional interest in cryptocurrencies to expand its market footprint and attract diverse investors. Analysts highlight that Twenty One’s NYSE debut reflects broader… Continue reading Bitcoin-Focused Firm Twenty One Set for NYSE Debut on December 9
Category: Regions
Hong Kong Stablecoin Stocks Slide as PBOC Signals Intensified Crypto Crackdown
Hong Kong–listed companies tied to stablecoin and digital-asset operations witnessed a sharp downturn after the People’s Bank of China (PBOC) reiterated its commitment to tightening oversight of cryptocurrency-related activities. The renewed warning from Beijing revived concerns about regulatory pressure spilling over into regional markets, particularly firms with exposure to blockchain infrastructure, virtual-asset payments and stablecoin… Continue reading Hong Kong Stablecoin Stocks Slide as PBOC Signals Intensified Crypto Crackdown
Coinbase Backs New York Pilot Exploring Crypto-Based Basic Income Model
Coinbase has funded a pilot program in New York aimed at testing whether digital assets can serve as a viable mechanism for distributing basic income. The initiative seeks to evaluate how recurring crypto-based transfers impact financial stability, community participation and long-term economic mobility for low-income residents. Designed as a controlled, small-scale experiment, the project will… Continue reading Coinbase Backs New York Pilot Exploring Crypto-Based Basic Income Model
Crypto Crash Erodes Wealth for Trump’s Family and Supporters
The recent downturn in cryptocurrency markets is significantly affecting the financial positions of individuals and entities linked to former U.S. President Donald Trump. Investments tied to digital assets have lost substantial value, impacting both family holdings and supporters who engaged heavily in crypto ventures. Analysts attribute the losses to sharp declines in major tokens, heightened… Continue reading Crypto Crash Erodes Wealth for Trump’s Family and Supporters
KuCoin Secures Austrac Registration, Expands Presence in Australia With New Fiat On-Ramp Services
KuCoin has strengthened its foothold in the Australian market after securing registration with Austrac, the country’s financial intelligence agency responsible for overseeing anti-money laundering and counter-terrorism financing compliance. The regulatory approval enables the global cryptocurrency exchange to legally operate and scale its services across Australia. Alongside the registration, KuCoin introduced new fiat on-ramp channels, allowing… Continue reading KuCoin Secures Austrac Registration, Expands Presence in Australia With New Fiat On-Ramp Services
Crypto Steps Into the Mainstream: U.S. Explores Allowing Tax Payments in Bitcoin
The U.S. may be on the verge of a significant policy shift as lawmakers and state authorities consider allowing citizens to pay taxes using Bitcoin. The proposal reflects a broader push to modernize public financial infrastructure and integrate digital assets into regulated systems. While supporters argue that crypto-based tax payments could increase efficiency, expand financial… Continue reading Crypto Steps Into the Mainstream: U.S. Explores Allowing Tax Payments in Bitcoin
China Alleges U.S. Involvement in $13 Billion Bitcoin Cyber Heist, Escalating Digital Tensions
China has accused the United States of orchestrating a massive cyberattack that allegedly resulted in the theft of approximately $13 billion worth of Bitcoin from Chinese nationals and institutions. The claim, which has intensified geopolitical friction between the two global powers, suggests that U.S. intelligence agencies conducted covert operations targeting digital assets linked to China.… Continue reading China Alleges U.S. Involvement in $13 Billion Bitcoin Cyber Heist, Escalating Digital Tensions
Japan’s Metaplanet Doubles Down on Bitcoin With Rs. 833 Crore Debt Strategy
In a bold move mirroring the aggressive Bitcoin strategy of U.S.-based MicroStrategy, Tokyo-listed Metaplanet has secured a Rs. 833 crore (approximately USD 100 million) Bitcoin-backed loan to further expand its cryptocurrency holdings. This financing marks a pivotal moment for the firm as it shifts from a traditional business model toward becoming a major corporate participant… Continue reading Japan’s Metaplanet Doubles Down on Bitcoin With Rs. 833 Crore Debt Strategy
Chinese National Arrested in Bangkok for Orchestrating Rs. 117 Crore Crypto Ponzi Scheme
Title: Thai authorities have arrested a Chinese national in Bangkok in connection with an alleged cryptocurrency Ponzi scheme valued at approximately Rs. 117 crore (USD 14 million). The suspect, who had been on the run for several months, is accused of defrauding investors across multiple countries through a fraudulent digital asset investment network. The arrest… Continue reading Chinese National Arrested in Bangkok for Orchestrating Rs. 117 Crore Crypto Ponzi Scheme
China’s Firm Grip on Crypto Regulation as Asia Accelerates Toward Stablecoin Integration
As digital currencies gain traction across Asia, a striking divergence has emerged in regulatory approaches. While nations such as Japan, Singapore, and Hong Kong are advancing toward stablecoin adoption and digital asset integration, China continues to enforce its stringent restrictions on cryptocurrency activities. This dual trajectory reflects both a philosophical and strategic divide—where some economies… Continue reading China’s Firm Grip on Crypto Regulation as Asia Accelerates Toward Stablecoin Integration