Blockchain News

Japanese Senate Approves Crypto Brokerages Reform Bill

Japanese Senate Approves Crypto Brokerages Reform Bill

The Japanese Senate, the House of Councilors, has approved a legal amendment that will give crypto brokerage firms more freedom to operate in the country. Per the Japanese newspaper Nihon Keizai Shimbun, senators approved several revisions to the Payment Services Act on June 6. Japanese Crypto Brokerages: Deregulation on The Way The revised act contains […]

Japanese Senate Approves Crypto Brokerages Reform Bill Read More »

Binance Giving Away Free OL Tokens – Here’s What You Need to Know

Binance Giving Away Free OL Tokens – Here’s What You Need to Know

Key Notes Competitors can share a prize pool of 16 million OL tokens. The competition will last two weeks, ending on June 22. The airdrop announcement brought a sharp selloff for the OL token. Binance, the largest crypto exchange by trading volume, featured Open Loot, a Web3 gaming marketplace, on Binance Alpha, an exclusive trading

Binance Giving Away Free OL Tokens – Here’s What You Need to Know Read More »

Hyperliquid Breaking Binance Dominance With 8 Billion Perp Volume In May

Hyperliquid Breaking Binance Dominance With $248 Billion Perp Volume In May

Key Notes Hyperliquid recorded an 843% increase in perpetual trading activity amid high leverage bets from traders. Judging by these records, it is clear that Hyperliquid is encroaching on Binance’s market dominance. However, HYPE price does not reflect this positive sentiment with its current bearish outlook. Top perpetual futures trading platform Hyperliquid (HYPE) is on

Hyperliquid Breaking Binance Dominance With $248 Billion Perp Volume In May Read More »

Donald Trump Amasses  Billion From Crypto In Just 9 Months: Forbes

Donald Trump Amasses $1 Billion From Crypto In Just 9 Months: Forbes

U.S. President Donald Trump has amassed an estimated $1 billion from his ventures in cryptocurrency in just nine months, a June 5 report from Forbes reveals. Trump Brings In A Digital Fortune According to Forbes’ calculations published in the report on Thursday, Trump has made $1 billion since just before the election, lifting his net

Donald Trump Amasses $1 Billion From Crypto In Just 9 Months: Forbes Read More »

Switzerland to Swap Crypto Holder Data with 74 Countries Under the OECD’s CARF

Switzerland to Swap Crypto Holder Data with 74 Countries Under the OECD’s CARF

Key Takeaways: The Federal Council approved automatic crypto-asset data exchange with 74 jurisdictions under OECD’s CARF, starting in 2027. The list includes EU states, the UK, and most G20 countries but excludes the U.S. and Saudi Arabia. Exchanges will only occur if partner countries meet reciprocity and compliance benchmarks. Switzerland’s Federal Council has approved a

Switzerland to Swap Crypto Holder Data with 74 Countries Under the OECD’s CARF Read More »

Beijing Fast-Tracks 24-Hour Seized Crypto Liquidation via Hong Kong Exchanges

Beijing Fast-Tracks 24-Hour Seized Crypto Liquidation via Hong Kong Exchanges

Key Takeaways: Beijing’s police authority has introduced a formal process for liquidating seized digital assets through Hong Kong exchanges. The system was developed with the Beijing Equity Exchange and involves third-party custody and compliant offshore liquidation. The first test case was completed in Shunyi District, with funds transferred to the national treasury within 24 hours.

Beijing Fast-Tracks 24-Hour Seized Crypto Liquidation via Hong Kong Exchanges Read More »

Binance Research: RWA Token Market Hits B as Private Credit Leads 260% Surge in H1 2025

Binance Research: RWA Token Market Hits $23B as Private Credit Leads 260% Surge in H1 2025

The tokenized real-world asset (RWA) sector has witnessed huge growth in 2025, according to new findings from Binance Research, authored by Moulik Nagesh, Joshua Wong, Michael JJ, and Asher Lin Jiayong. In just the first half of the year, the RWA market has ballooned from $8.6 billion to over $23 billion—a massive 260% surge. This

Binance Research: RWA Token Market Hits $23B as Private Credit Leads 260% Surge in H1 2025 Read More »

Circle Upsizes NYSE IPO to .05B — Here’s What Investors Should Watch

Circle Upsizes NYSE IPO to $1.05B — Here’s What Investors Should Watch

Circle Internet Financial, the company behind the USDC stablecoin, has priced its initial public offering at $31 per share, raising $1.05b in one of the largest US listings this year. The upsized deal, confirmed late Wednesday, will see Circle begin trading Thursday on the New York Stock Exchange under the ticker symbol CRCL. The Boston-based

Circle Upsizes NYSE IPO to $1.05B — Here’s What Investors Should Watch Read More »

Trump-Affiliated World Liberty Financial Airdrops Millions in USD1 Stablecoin

Trump-Affiliated World Liberty Financial Airdrops Millions in USD1 Stablecoin

The Donald Trump-affiliated World Liberty Financial announced in a June 4 statement that it airdropped $4 million worth of its new stablecoin, USD1, to holders of its native token, WLFI. Trump-Linked Crypto Platform Sends Out Stablecoins “Over $4,000,000 USD1 just airdropped,” an official X post published on Wednesday read. “Every eligible WLFI holder received $47

Trump-Affiliated World Liberty Financial Airdrops Millions in USD1 Stablecoin Read More »

JPMorgan Plans to Let Clients Borrow Against Crypto ETFs – Here’s What That Means

JPMorgan Plans to Let Clients Borrow Against Crypto ETFs – Here’s What That Means

Key Takeaways: JPMorgan will allow select clients to borrow against crypto ETFs, starting with BlackRock’s iShares Bitcoin Trust. Digital asset holdings will now count toward a client’s net worth in credit assessments. JPMorgan CEO Jamie Dimon remains skeptical of Bitcoin but supports offering client access. JPMorgan Chase & Co. will allow select trading and wealth

JPMorgan Plans to Let Clients Borrow Against Crypto ETFs – Here’s What That Means Read More »