crypto

Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs

Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs

Robinhood has submitted a detailed proposal to the US Securities and Exchange Commission (SEC), calling for the creation of a federal framework to regulate tokenized real-world assets (RWAs), which represent a potential $30 trillion market, Forbes reported on May 20. The 42-page filing outlines a legal infrastructure that would allow digital tokens representing traditional financial […]

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Coinbase Faces DOJ Heat Over Hack as It Enters S&P Spotlight

Coinbase Faces DOJ Heat Over Hack as It Enters S&P Spotlight

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase saw its stock dip on its big day in the S&P 500. It closed at about $263, down from its high. Then came news of a US Justice Department probe into how hackers stole customer data. It’s a sudden turn for the

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Bitcoin hits 7K as market holds below ATH in bullish consolidation

Bitcoin hits $107K as market holds below ATH in bullish consolidation

Bitcoin’s (BTC) break above the $107,000 threshold shows that the recent rally is driven by robust buying amid a consolidation just below its all-time high, Glassnode said in a May 20 report. Despite trading around 40% higher than six weeks ago and setting a new record with the latest weekly close at $106,500, Bitcoin was

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Sovereign entities opt for indirect Bitcoin exposure via Strategy to bypass constraints – StanChart

Sovereign entities opt for indirect Bitcoin exposure via Strategy to bypass constraints – StanChart

Sovereign wealth funds and state institutions are increasingly opting to gain Bitcoin (BTC) exposure through Strategy (MSTR) rather than spot BTC exchange-traded funds (ETFs), according to Standard Chartered’s head of digital assets research, Geoffrey Kendrick. In an investor report published May 20, Kendrick said that regulatory filings show that increased MSTR holdings drove the bulk

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Milei shuts down LIBRA task force probing ties to his administration

Milei shuts down LIBRA task force probing ties to his administration

Argentinian president Javier Milei has ordered the closure of the Task Force for Investigation (UTI) established earlier this year to examine his relationship with the LIBRA token, according to a May 20 publication in Argentina’s Official Gazette. Milei and Justice Minister Mariano Cúneo Libarona signed Decree 332/2025 to dissolve the task force. The decree stated

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Bitcoin’s Power Compared To Nuclear Reactor By Brazilian Business Leader

Bitcoin’s Power Compared To Nuclear Reactor By Brazilian Business Leader

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a recent conference call, Méliuz Chairman Israel Salmen likened Bitcoin to a “nuclear reactor” after the company’s stock saw a sudden surge. The fintech firm won shareholder approval to become Brazil’s first Bitcoin treasury company. Shareholders backed the shift by

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Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves

Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves

Strive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct Mt. Gox exchange. According to a May 20 filing with the US Securities and Exchange Commission (SEC), the firms will target claims that have received definitive legal rulings but are still awaiting distribution.

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Binance moves to quash FTX’s .8 billion lawsuit, dismisses allegations as speculative

Binance moves to quash FTX’s $1.8 billion lawsuit, dismisses allegations as speculative

Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction and relies on unsupported allegations. The motion follows FTX’s attempt to claw back funds and blame Binance and its former CEO, Changpeng Zhao, for contributing to its collapse. However, Binance has rejected these claims, calling them speculative

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Class Action Lawsuit Filed Against Strategy Over Alleged Bitcoin Misleading

Class Action Lawsuit Filed Against Strategy Over Alleged Bitcoin Misleading

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On May 16, a class action lawsuit was filed against Michael Saylor’s Strategy (previously MicroStrategy) and its top executives, including President and CEO Phong Le and Chief Financial Officer Andrew Kang.  The plaintiff, Anas Hamza, alleges that the Bitcoin (BTC) proxy firm

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Weekly Crypto Fund Inflows Reach 5M, Led by Bitcoin and Ethereum

Weekly Crypto Fund Inflows Reach $785M, Led by Bitcoin and Ethereum

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Digital asset investment products have recorded their fifth consecutive week of positive inflows, signaling sustained investor interest in crypto assets despite lingering macroeconomic uncertainty. According to CoinShares, inflows into crypto-related investment vehicles totaled $785 million in the past week. This brings year-to-date

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