Category: crypto

The UK Treasury published draft legislation on April 29 outlining new rules for firms offering crypto services in the UK, including stablecoins, staking, and custody. The regulations aim to bring these firms under the supervision of the Financial Conduct Authority to boost investor confidence and support growth while protecting UK investors. The legislation will introduce…

President Donald Trump’s administration is working on legislation for stablecoins and the crypto market, aiming to finalize it before the August 2025 congressional recess. Bo Hines outlined a three-phase policy roadmap in a recent interview, including plans for a Strategic Bitcoin Reserve. The administration is also developing national stockpiles of other digital assets.

A wallet linked to the Donald Trump memecoin project transferred $20 million worth of TRUMP tokens to exchanges. The transfers may indicate preparations for potential sales, coinciding with a drop in TRUMP’s price. On-chain activity spiked after an exclusive dinner announcement with President Trump. Trading volumes have cooled but are expected to increase as the…

Circle has received initial approval from the FSRA in Abu Dhabi to operate within the ADGM. This allows them to offer compliant financial services in the Middle East and Africa. Circle aims to expand the reach of USDC stablecoin in the region to compete with USDT. They have also partnered with Hub71 to boost innovation…

Ethereum developers have decided to remove the EVM Object Format (EOF) from the upcoming Fusaka network upgrade due to technical uncertainties and community opposition. The decision was made during an Ethereum All Core Developers call, with the primary reason being to prioritize another feature, PeerDAS, to improve scalability and data availability.

P2P.org has been elected as a TRON Super Representative, supporting TRON’s mission to decentralize the internet through blockchain technology. This partnership expands P2P.org’s validation services to over 40 networks, providing opportunities for institutions to access incentives on the TRON network. TRON’s Super Representatives are elected validators in its DPoS consensus.

1inch has launched support for Solana, allowing users to swap assets on-chain through the 1inch dApp. This integration marks the first major deployment of 1inch’s Fusion protocol on Solana, enabling cross-chain swaps between Solana and other supported chains. The move aims to dissolve the isolation of individual blockchains and build a unified multichain DeFi ecosystem.

FTX has initiated legal action against NFT Star and Delysium to recover missing assets, accusing them of not delivering tokens purchased under SAFTs. NFT Star faces allegations over SENATE and SIDUS tokens, while Delysium altered the vesting schedule for AGI tokens. FTX is seeking the immediate turnover of the missing tokens and damages.

Demand for Bitcoin ETFs has surged following a significant price breakout, resulting in the largest inflows in 2025. This increased interest is driving significant growth in the market, with investors seeking exposure to the cryptocurrency through these investment vehicles.

The Ethereum Foundation announced a restructuring of its leadership to enhance strategic execution and support the ETH ecosystem. Co-executive directors were appointed to balance technical expertise and operational leadership. The management team focuses on daily operations, while the board oversees vision and compliance. The foundation’s priorities include scaling the mainnet and improving interoperability. The goal…