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Ethena Labs shuts down German subsidiary amid regulatory pressure
Apr 16,2025
Ethena Labs has shut down its German subsidiary, Ethena GmbH, following regulatory issues with BaFin. The German regulator had ordered the company to stop public sales of USDe due to MiCAR noncompliance. Minting and redemption of USDe are now handled...
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Crypto leaders gather in Moscow for the Global Blockchain Forum 2025
Apr 16,2025
Moscow is set to host the Global Blockchain Forum 2025 from 23-24 April, attracting over 15,000 crypto enthusiasts worldwide. The event will feature prominent figures from the crypto industry, including Justin Sun, founder of Tron, and Ivan...
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Most Bitcoin firms in El Salvador are inactive
Apr 16,2025
A report from El Salvador's central bank shows that only 11% of registered Bitcoin service providers are currently operational. Out of 181 companies listed, just 20 meet the country's legal standards set under its Bitcoin Law, according to local outl...
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People are forming emotional bonds with AI chatbots
Apr 16,2025
AI is reshaping how people connect emotionally, with millions turning to chatbots for companionship, guidance, and intimacy. From virtual relationships to support with mental health and social navigation, personified AI assistants such as Replika, No...
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Coinbase urges crypto reform ahead of Australian election
Apr 16,2025
Coinbase is urging Australians to back digital asset reform, warning the country risks falling behind in global crypto innovation. The exchange's APAC Managing Director, John O'Loghlen, described the current policy environment as vague and unfit to s...
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Russia targets crypto payments at online casinos
Apr 16,2025
Russian officials have proposed new measures to curb illegal online gambling. The plan involves targeting cryptocurrency payments and restricting access to unlicensed casino platforms. Yevgeny Masharov, a senior policymaker, outlined plans to block c...
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South Korean crypto insiders criticise the stablecoin regulation bill
Apr 15,2025
South Korean crypto industry leaders are raising concerns over the Basic Digital Asset Act, a draft bill aiming to regulate the stablecoin sector. Lawmaker Min Byung-deok's proposed legislation would require domestic stablecoin issuers to obtain appr...
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Study links Bitcoin mining to harmful emissions in the US
Apr 15,2025
A new study highlights the significant environmental and health risks posed by Bitcoin mining in the US. Led by Dr. Francesca Dominici of Harvard's T.H. Chan School of Public Health, the study finds that emissions from mining facilities expose millio...
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Crypto ads on Google must meet MiCA standards
Apr 15,2025
Google will begin enforcing a new crypto advertising policy in Europe on 23 April. Exchanges and wallet providers will be required to be licensed under the Markets in Crypto-Assets (MiCA) or Crypto Asset Service Provider (CASP) frameworks. Advertiser...
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Trump team explores new ways to buy Bitcoin
Apr 15,2025
The Trump administration actively evaluates ways to acquire Bitcoin without increasing the national budget. According to Bo Hines, Trump's leading crypto adviser, options such as tariffs and inter-agency financial strategies are being considered. The...
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Zhipu AI launches free agent to rival DeepSeek
Apr 15,2025
Chinese AI startup Zhipu AI has introduced a free AI agent, AutoGLM Rumination, aimed at assisting users with tasks such as web browsing, travel planning, and drafting research reports. The product was unveiled by CEO Zhang Peng at an event in Beijin...
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AI could be Geneva's lifeline in times of crisis
Apr 14,2025
International Geneva is at a crossroads. With mounting budget cuts, declining trust in multilateralism, and growing geopolitical tensions, the city's role as a hub for global cooperation is under threat. In his thought-provoking blog, 'Don't waste th...
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