Blockchain News Archives - Page 3 of 34

Bolivia Calls Crypto ‘Reliable Alternative’ in New El Salvador Partnership Deal

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Bolivia’s Central Bank has signed a memorandum of understanding with El Salvador’s National Commission of Digital Assets to promote crypto development, marking a dramatic policy reversal for a nation that previously banned virtual assets and now calls them a “reliable alternative” to traditional currencies. The cooperation agreement enables mutual information exchange and knowledge sharing on […]

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Robinhood Q2 Earnings Outpace Expectations on Higher Crypto Activity — Here are the Numbers

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Robinhood on Wednesday delivered another strong quarter as surging crypto activity and the integration of Bitstamp helped the trading platform exceed Wall Street’s expectations. The company’s earnings point to its rising influence in the digital asset market and its push to diversify beyond retail trading. For the second quarter of 2025, Robinhood reported revenue of

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Prosecutors Investigating Ex-South Korean President Yoon Quiz ‘Crypto Fraudster’

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South Korean prosecutors probing the former President Yoon Suk-yeol and the former First Lady Kim Keon-hee have interrogated the suspected crypto fraudster Jon Bur Kim (real surname Park). Park, a crypto market maker and luxury sports car collector, has been indicted for crypto fraud. Prosecutors think he issued and manipulated two so-called “scam coins,” and

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Hong Kong Targets Faster Virtual Asset Licensing, Broader Tokenization

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Key Takeaways: International competition from Singapore and the U.S. could pressure Hong Kong to accelerate its regulatory adaptation. Hong Kong’s digital asset expansion may depend on integrating cross‑border trade finance and infrastructure projects into tokenization frameworks. Global standard‑setting bodies like FATF and IMF will influence how Hong Kong positions its stablecoin and tokenization initiatives. Hong

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Beijing Court Jails Tech Executive 14 Years for .5M Crypto Laundering

Beijing Court Jails Tech Executive 14 Years for $19.5M Crypto Laundering

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Beijing authorities sentenced tech executive Feng to 14 years for a $19.5 million crypto laundering scheme at a major short video platform. According to a People’s Daily report, the Haidian District People’s Court convicted Feng and seven co-conspirators of occupational embezzlement after they illegally stole 140 million yuan in company incentive funds. Prosecutors revealed that

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Samourai Wallet Founders Reverse Course, Will Plead Guilty in Crypto Case

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The founders of Bitcoin mixing platform Samourai Wallet will plead guilty in a landmark criminal case that has shaken privacy advocates and sent a chill through the crypto community. Court documents filed Tuesday in the Southern District of New York show that CEO Keonne Rodriguez and chief technology officer William Lonergan Hill will change their

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South Korean Central Bank Unveils New ‘Cryptoassets Department’

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South Korea’s Central Bank has announced it will reorganize its structure to include a “cryptoassets department” as a wave of public sector stablecoin-related activity continues to build momentum. The South Korean media outlet News1 reported that the Bank of Korea (BOK) has established a new division named the “Cryptoasset Department.” The headquarters of the Bank

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Interactive Brokers Mulls Stablecoin Launch to Serve Users

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Interactive Brokers is weighing the launch of its own stablecoin, potentially deepening its involvement in digital assets as US regulations surrounding the crypto industry begin to loosen. Founder Thomas Peterffy confirmed in an interview with Reuters that the firm is exploring the idea but has yet to finalize how the offering would be made available

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China Industrial Bank Fast-Tracks AI-Driven Stablecoin Plan Amid Dollar Dominance Threat

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Key Takeaways: Industrial Bank links stablecoin research with AI under China’s digital finance agenda. Zhu Guangyao calls dollar stablecoins a new Bretton Woods mechanism. Stablecoin infrastructure may become central to Belt and Road trade integration. China Industrial Bank will prioritize research into stablecoins and expand its “AI+” initiative, according to a report published by Shanghai

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Mill City Ventures Launches 0M Sui Treasury Strategy Bridging Finance and Blockchain

Mill City Ventures Launches $450M Sui Treasury Strategy Bridging Finance and Blockchain

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mill city ventures unveils 450m sui treasury strategy Mill City Ventures III, Ltd. has announced a transformative $450 million private placement aimed at launching a pioneering Sui Treasury Strategy, marking a significant step forward in the integration of traditional finance with cutting-edge blockchain technology. This bold initiative focuses on leveraging the native cryptocurrency of the

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