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Tinian Defies Veto, Unveils First U.S. Public USD Stablecoin on eCash Network

Tinian Defies Veto, Unveils First U.S. Public USD Stablecoin on eCash Network

Key Takeaways: Tinian has become the first public entity in the United States to approve and prepare the issuance of a USD-backed stablecoin (Marianas US Dollar, or MUSD). The MUSD stablecoin, backed by cash and U.S. Treasuries, and running on the eCash blockchain, is designed to help Tinian diversify its economy. The stablecoin legislation also […]

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Basel Medical Group to add B in Bitcoin to treasury amid falling share prices

Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices

Singapore-based Basel Medical Group (BMGL) announced plans to acquire $1 billion worth of Bitcoin (BTC) to strengthen its balance sheet and accelerate expansion across Asian markets. Basel also revealed that the proposed transaction is being negotiated with a consortium of institutional investors and high-net-worth individuals active in the crypto sector.  Basel CEO Darren Chhoa said

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Panama City mayor hints at Bitcoin reserve following meeting with El Salvador advisors

Panama City mayor hints at Bitcoin reserve following meeting with El Salvador advisors

Panama City Mayor Mayer Mizrachi stirred speculation about a possible Bitcoin reserve after a cryptic post on his official X account on May 16. In the post, Mizrachi wrote: “Bitcoin reserve.” The cryptic post followed his meeting with Max Keiser and Stacy Herbert, two of the key architects behind El Salvador’s Bitcoin policy. Keiser currently

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Ukraine to Reportedly Launch First European Bitcoin Reserve

Ukraine to Reportedly Launch First European Bitcoin Reserve

Ukraine is reportedly about to make history by becoming the first country in Europe to have a national bitcoin reserve, a move aimed at strengthening its economy during the war with Russia. The plan is still in its early stages and Binance, the world’s largest digital asset exchange, is involved. According to Incrypted, a Ukrainian

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Chainlink praises SEC’s guidelines, setting stage for crypto integration in institutional finance

Chainlink praises SEC’s guidelines, setting stage for crypto integration in institutional finance

The US Securities and Exchange Commission (SEC) has issued fresh guidance that could facilitate broader institutional use of digital assets. In a May 15 updated FAQ, the agency addressed how existing securities laws apply to broker-dealers and transfer agents involved in crypto services. Commenting on the development, SEC Commissioner Hester Peirce noted that the guidance

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Japan’s Remixpoint Buys Another .4M Worth of Bitcoin

Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin

The Tokyo Exchange-listed Japanese firm Remixpoint has used its balance sheet to buy another $3.4 million worth of Bitcoin (BTC). The crypto-keen auto and electricity trading company is the former owner of the crypto exchange BITPoint, which it sold to the securities giant SBI in 2023. Per a Remixpoint investor relations document posted to its

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UBS reveals wealthy investors increasing crypto allocations to 5%, echoing Bitwise

UBS reveals wealthy investors increasing crypto allocations to 5%, echoing Bitwise

Swiss lender UBS, which manages over $1 trillion in assets, said wealthy clients have begun allocating up to 5% of their portfolios to crypto as a way to hedge against inflation and currency volatility. According to the Swiss bank’s 2025 Global Investment Returns Yearbook, affluent investors are diversifying beyond traditional assets by investing in Bitcoin

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Central Bank of Russia rates Bitcoin the top global investment since 2022

Central Bank of Russia rates Bitcoin the top global investment since 2022

The Central Bank of Russia has ranked Bitcoin as the most profitable investment over the past year, outperforming traditional assets such as gold, stocks, and bonds. In a newly published analysis, the regulator noted that Bitcoin delivered a 38% return in the last 12 months, ranking highest among the asset classes it evaluated. Looking further

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Ukraine plans first-of-its-kind Bitcoin reserves with reported support from Binance

Ukraine plans first-of-its-kind Bitcoin reserves with reported support from Binance

Ukraine is reportedly preparing legislation to become one of the first nations to officially hold Bitcoin in its national reserves. According to Ukrainian media outlet Incrypted, Member of Parliament Yaroslav Zhelezniak confirmed that a draft law is being developed to support the initiative. Zhelezniak, who also serves as the First Deputy Chairman of the Committee

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Bitwise CIO expects surge in crypto ETP allocations by year-end, foresees 5% portfolio norm

Bitwise CIO expects surge in crypto ETP allocations by year-end, foresees 5% portfolio norm

Bitwise Chief Investment Officer Matt Hougan said on May 14 that a “big unlock” is occurring across the financial advisory space regarding crypto investments. After attending a major advisory firm’s conference, Hougan shared his expectations that most major firms will enable crypto exchange-traded product (ETP) access by the end of 2025.  He added that interest

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