BitcoinBeginnerNew York City Mayor Eric Adams is intensifying his push to make the city a global hub for cryptocurrency. Speaking at the Bitcoin 2025 conference, Adams announced plans to introduce a municipal bond backed by Bitcoin, dubbed a “Bitbond.” This financial instrument aims to provide Bitcoin holders…
#crypto#government#new-york
BitcoinBeginnerThe seizure, announced on May 9 by German authorities, has seized €34 million (approximately $38 million) in cryptocurrency from the eXch platform, which is implicated in laundering funds stolen during the record-breaking $1.5 billion Bybit hack. The seizure, announced on May 9 by Germany’s…
#bybit#crime#crypto
BitcoinBeginnerArizona Governor Katie Hobbs has signed a groundbreaking bill into law that allows the state to take ownership of unclaimed cryptocurrencies and create a “Bitcoin Reserve Fund”—all without using taxpayer dollars or state funding. House Bill 2749, which was signed on May 7, allows Arizona to seize…
#crypto#government#law
BitcoinBeginnerRussia’s finance ministry and central bank are reportedly gearing up to launch a crypto exchange designed for “super-qualified investors,” all under an experimental legal framework. Finance Minister Anton Siluanov revealed the plan during a meeting, as reported by Russian media outlets RBC and…
#crypto#government
XRP LedgerBeginnerRipple has forged a strategic partnership with BDACS, a South Korean digital asset custody provider, to deliver secure custody solutions for institutional clients, specifically focusing on XRP and Ripple’s USD-denominated stablecoin, RLUSD, within South Korea. This collaboration is designed to…
#altcoin#crypto#defi
GeneralBeginnerHong Kong’s Securities and Futures Commission (SFC) has unveiled its “ASPIRe” roadmap, outlining its strategic initiatives to solidify the city’s position as a leading global cryptocurrency hub. This comprehensive framework details the regulator’s plans to foster a vibrant and sustainable virtual…
#china#government#hong-kong
BitcoinBeginnerA New York state senator has introduced legislation that would create a special task force to study the impact of cryptocurrencies on the state. The “New York State Cryptocurrency and Blockchain Study Act” aims to better understand the evolving landscape of digital currencies and their potential…
#crypto#government#new-york
BitcoinBeginnerIndian cryptocurrency holders who have not declared their crypto gains to the tax authorities could face a hefty tax penalty of up to 70%. The recent Union Budget 2025 introduced stricter regulations for cryptocurrency trading, classifying virtual digital assets as undisclosed income under the…
#crypto#defi#government
GeneralBeginnerThe prominent venture capital firm Andreessen Horowitz (ai16z) is considering a significant overhaul of its tokenomics and exploring the launch of its own Layer-1 (L1) blockchain network. This move comes as part of the firm’s ongoing “agentic AI” project, which aims to develop a decentralized…
#ai#altcoin#daos
GeneralBeginnerHong Kong’s Cyberport Web3 network has seen significant growth, now boasting a community of over 270 blockchain firms. This surge in adoption highlights Hong Kong’s increasing prominence as a hub for Web3 innovation and development. On November 19, the Hong Kong Special Administrative Region’s…
#asia#china#government
XRP LedgerBeginnerRipple, a global technology company focused on enabling the Internet of Value, announced today that it has received in-principle approval from the Dubai Financial Services Authority (DFSA) to operate in the Dubai International Financial Centre (DIFC). This significant milestone marks Ripple’s…
#dubai#government#uae