This Week In Crypto Asia: Metaplanet Crushed Big Tech Stock, Kazakhstan Launched Central Asia’s First BTC ETF

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It was a historic week for Crypto! Bitcoin (BTC) has violated $ 124,000 for the first time and with Ethereum (ETH) trying to test its historical maximum, the Altcoin season could finally be here! In the background, enormous changes in Crypto Asia are underway. Here is a rundown of what happened Metaplanet crushed the Japanese … Read more

“Virtual Assets Cannot be Means of Payments,“ Says Ukraine Central Bank While Backing Legalization

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The central bank in Ukraine said that digital assets can be regulated and regulated, but it cannot be used as a legal tendency. While the National Bank of Ukraine (NBU) opens the door to a compatible virtual asset market, it opposes recognition of any encrypted currency as a legal tendency. President NBU Andrei Bishni said … Read more

BoE Governor Andrew Bailey Warns Adoption of Stablecoins Threatens Central Bank

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As the adoption of Stablecoins slowly takes over, management and correct regulation become a priority to maintain economic harmony. The governor of the Bank of England (Boe) Andrew Bailey seems to think in the same way. Bailey warned that the adoption of digital currencies, including Stablecoin, could disturb the economic Applecart if correct regulation is … Read more

Kraken Wins First EU-Wide Licence Under MiCA via Irish Central Bank

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Crypto Exchang Kraken has officially received its MICA markets (MICA) license From the central bank in Ireland, which makes it one of the first main platforms that obtained full approval under the framework of the new digital assets of the European Union. this license Karskin is allowed to provide its services in all thirty countries … Read more

“US Market Central To Growth Strategy,” Says Singapore’s Crypto.com, Sets Shop In Washington DC

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“The US market is essential in the growth strategy for Crypto.com and the most exciting in our entire industry,” said Crypto.com. Establishing a regional office for North America in Washington The capital, on May 7, 2025. Commenting on the development, Matt David, President of North America and head of corporate affairs Crypto.coM. It is worth … Read more

Russia’s Finance Ministry And Central Bank To Launch Crypto Exchange For “Super-qualified Investors”

Russia’s Finance Ministry And Central Bank To Launch Crypto Exchange For “Super-qualified Investors”

The Ministry of Finance of Russia and the Bank of Russia are intended to jointly launch an exchange of cryptocurrency designed exclusively for super qualified investors, as part of a wider effort to bring encryption operations to a formal regular framework, according to a RBC relationship. “Together with the Central Bank, we will launch an … Read more

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)

Today, the president of the United States Donald Trump has signed an executive order (EO) relating to Bitcoin and cryptocurrency, entitled “strengthening American leadership in digital financial technology”. This EO has officially prohibited the creation and issue of a digital currency of the Central Bank (CBDC) in the United States, defining a CBDC as “a … Read more

Swiss Central Bank Faces Growing Calls To Hold Bitcoin Reserves

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The Swiss National Bank (SNB) is facing increasing pressure to include Bitcoin (BTC) in its foreign exchange reserves. If the initiative calls for it “For a Fiscally Strong, Sovereign and Responsible Switzerland (Bitcoin Initiative)” Collect 100,00 signatures within 18 months starting December 31, 2024, and will be put to a public vote. The Swiss National … Read more

European Central Bank Advances Digital Euro Initiative With Strategic Milestones

European Central Bank Advances Digital Euro Initiative With Strategic Milestones

The European Central Bank (ECB) is moving forward with plans to introduce a digital euro, with the aim of reducing its dependence on the US dollar. According to the December 2, 2024 report, the ECB has identified new strategies and collaborations to improve its digital currency, with a focus on strengthening Europe’s payment infrastructure and … Read more