Category: crypto

Pakistan is following the lead of US President Trump in embracing cryptocurrencies, shifting from a crypto-averse nation to actively working to build a crypto-friendly economy. The Pakistan Crypto Council is crucial in shaping regulatory frameworks. Public-private collaboration is essential for sustainable growth and attracting foreign investment.

Jesse Pollak, the creator of Base, a Coinbase-backed Ethereum layer 2 network, apologized for sharing a controversial GIF containing offensive words in an X post. The GIF featured terms like “pimping” and “squirting,” leading to community backlash. Pollak defended the use of content coins but faced criticism for the controversy.

José Fernando Pereira, Executive Director at Own.Meme coins, discusses how meme coins evolved into extraction systems that exploit human greed, with sophisticated machinery targeting susceptible demographics. Memecoin markets require more losers than winners, with profits coming from others’ losses. In contrast, RWAs generate returns from asset productivity, democratizing access to productive assets previously limited to…

Matthew Niemerg, co-founder of Aleph Zero, criticizes the UK government’s pressure on Apple to remove end-to-end encryption from iCloud accounts in the UK. He argues that privacy is a fundamental right essential for financial autonomy and that privacy in crypto transactions serves legitimate purposes. Niemerg advocates for the importance of privacy in digital finance.

The White House has redirected COVID.gov to a page supporting the lab leak theory of COVID-19 origins. It cites five main arguments, attacks public officials, and discusses the impact of the pandemic on the crypto market. The market experienced extreme volatility in 2020 but rebounded, with Bitcoin surpassing $40,000 in early 2021.

Belarus is progressing with plans to launch its central bank digital currency (CBDC), the digital ruble, by the latter half of 2026. National Bank Chairman Roman Golovchenko emphasized the importance of security and traceability of funds. The CBDC initiative aims to establish independent financial channels and reduce exposure to external economic pressures.

Vietnam’s Ministry of Finance plans to establish a pilot crypto trading platform with technical assistance from Bybit. The platform aims to create a controlled environment for transparent and safe transactions, while also helping the country manage risks. Bybit will help design the platform and offer expertise in anti-money laundering controls.

The DeFi Education Fund proposed five core principles for a “token safe harbor” framework to support decentralized finance initiatives while broader regulatory legislation is pending. The recommendations aim to provide a regulatory environment that facilitates disclosure without prematurely classifying assets as securities, with a focus on technology-agnostic regulation, broad eligibility criteria, balanced disclosure requirements, clear…

Arizona is close to becoming the first US state to hold Bitcoin and other digital assets in its Treasury with Senate Bill 1373. Governor Katie Hobbs’ standoff could derail the effort. A companion bill, Senate Bill 1025, would allow investment of state funds in Bitcoin. Hobbs threatens to veto until a funding shortfall is addressed.…

Coinbase is facing a legal challenge from Oregon Attorney General Dan Rayfield, which the company’s chief legal officer, Paul Grewal, called a “copycat case” mirroring a dismissed SEC lawsuit. Grewal criticized the state for reviving outdated arguments and hindering progress in digital asset regulation. Coinbase vows to defend its customers and the industry.