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Hungary enforces prison terms for unauthorised crypto trading
Jul 16,2025
Hungary has introduced strict penalties for individuals and companies involved in unauthorised cryptocurrency trading or services. Under the updated Criminal Code, using unauthorised crypto exchanges can lead to two years in prison, with longer terms...
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Bitcoin breaks $118,000 as altcoins rally
Jul 16,2025
Bitcoin surged to$118,245 early today, marking a 1.1% increase over 24 hours and an 8.7% rise over the past week. Both institutional and retail investors have maintained a strong interest, supporting Bitcoin's steady upward trend. Ethereum followed c...
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El Salvador's Bitcoin reserves surge past $760 million
Jul 16,2025
El Salvador's national Bitcoin stash has soared past$760 million following the latest price surge above$123,000, marking a major milestone in President Nayib Bukele's crypto strategy. With more than 6,237 BTC in reserves, purchased at an average of$4...
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Mastercard says stablecoins are not ready for everyday payments
Jul 16,2025
Mastercard's Chief Product Officer, Jorn Lambert, has highlighted that stablecoins still face significant hurdles before becoming widely used for everyday payments. While the technology offers advantages such as fast transactions, 24/7 availability, ...
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Gemini expands tokenised stocks for EU investors
Jul 15,2025
Gemini has significantly expanded its tokenised stock offerings for European investors, adding 14 new major US company shares to its platform. Notable additions include Nike, McDonald's, Starbucks, Coca-Cola, Uber, and Yum! Brands. The move brings th...
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Kazakhstan weighs adding crypto to national reserves
Jul 15,2025
Kazakhstan may soon join the list of nations incorporating crypto into their national reserves. The National Bank may convert part of its gold and currency reserves into digital assets under a broader alternative investment strategy. Timur Suleimenov...
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Bank of Korea sounds alarm over unregulated stablecoins
Jul 12,2025
Bank of Korea Governor Lee Chang-yong warned that letting non-banks issue won-based stablecoins could spark economic confusion similar to the 19th-century US Free Banking Era. His remarks follow President Lee Jae Myung's push to launch domestic stabl...
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Germany's top banks move into crypto with regulated services
Jul 11,2025
Some of Germany's largest banks are set to enter the crypto market with fully regulated custody and trading services. Deutsche Bank, Sparkassen-Finanzgruppe, and Volksbanken Raiffeisenbanken are building platforms aimed at institutional and retail cl...
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Hong Kong eyes over 40 firms for stablecoin licences
Jul 11,2025
Hong Kong is processing enquiries from more than 40 companies ahead of the implementation of its Stablecoin Bill on 1 August. The Hong Kong Monetary Authority will start accepting stablecoin licence applications under the new regulatory framework. No...
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Sanctions proposed on Bukele amid El Salvador's crypto controversy
Jul 11,2025
A group of US Democratic senators has proposed legislation seeking sanctions against El Salvador's President Nayib Bukele and members of his government. The El Salvador Accountability Act targets alleged human rights abuses and Bitcoin misuse during ...
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Greece seizes crypto tied to record Bybit hack
Jul 10,2025
Greek authorities have successfully seized digital assets linked to a major international cybercrime case, marking the country's first-ever recovery of cryptocurrency. The operation followed a months-long investigation into suspicious blockchain acti...
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Bitcoin hits new all-time high as institutional demand surges
Jul 10,2025
Bitcoin has broken past its previous record, trading above$111,970 in a move that defied technical indicators and widespread scepticism. The rally, fuelled by institutional flows and growing corporate adoption, forced short sellers to capitulate afte...
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