Cryptocurrency Updates

BRAZIL’S COMMITTEE JUST PASSED STRATEGIC BITCOIN RESERVE BILL

Brazil’s legislative committee has advanced a bill to allocate up to 5% of the country’s national reserves to Bitcoin, marking a significant step towards institutional adoption of cryptocurrencies by a major economy. This move is part of a broader trend where nations are considering Bitcoin as a strategic asset to diversify reserves and hedge against […]

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Full XRP integration is coming to Cardano, says founder.

Charles Hoskinson hints at full XRP integration into Cardano—plus RLUSD, DeFi features, Lace wallet support, and glacier drops. This highlights Charles Hoskinson’s recent claim of integrating XRP into Cardano, a move supported by his June 14, 2025, announcement on X, where he detailed plans for RLUSD stablecoin, DeFi features, Lace wallet support, and glacier drops,

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Amazon and Walmart are reportedly considering launching a stablecoin according to the WSJ.

The reported move by Amazon and Walmart to launch stablecoins, as per the WSJ, aligns with a 2023 Brookings study showing stablecoins’ daily trading volume exceeding $100 billion, suggesting a shift toward corporate control of digital payments amid regulatory uncertainty. This development echoes Meta’s failed 2019 Libra project, which collapsed due to regulatory pushback from

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Dubai hit $399M in tokenized real estate sales in May, 17.4% of all deals

Dubai’s tokenized real estate sales are reaching $399 million in May 2025, comprising 17.4% of all property deals, a leap driven by blockchain innovations like the $3 billion RWA deal between MultiBank Group, MAG, and Mavryk, formalized on May 1, 2025, amid updated Virtual Asset Regulatory Authority guidelines. This shift aligns with global trends, as

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South Korea moves to legalise crypto stablecoins

South Korea’s move to legalize crypto stablecoins, announced on June 10, 2025, marks a shift from its historically strict crypto regulations, potentially influenced by the 2021 amendment to the Act on Reporting and Use of Specific Financial Transaction Information, which imposed AML/CTF rules on virtual asset providers, signaling a maturing regulatory framework. South Korea’s new

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Chainlink LINK powers pilot enabling CBDC–stablecoin exchange between Hong Kong and Australia with Visa, Fidelity, and China AMC.

This highlights Chainlink’s role in a pilot program exchanging Hong Kong’s e-HKD CBDC and an Australian dollar stablecoin, leveraging its Cross-Chain Interoperability Protocol (CCIP) with partners like Visa, Fidelity, and China AMC, a move that builds on the Hong Kong Monetary Authority’s Phase 2 e-HKD+ initiative started in 2024 to test real-time cross-border settlements. This

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Nasdaq files SEC Form 8-K confirming proposal to expand crypto benchmark from 5 to 9 digital assets, adding XRP, SOL, ADA, and XLM, allowing Hashdex Nasdaq Crypto Index US ETF (NCIQ) to transition to broader index.

Nasdaq’s proposal to expand its crypto index from 5 to 9 assets, adding $XRP, $SOL, $ADA, and $XLM, reflects a strategic shift to mirror the growing diversity of the cryptocurrency market, building on the SEC-approved Hashdex Nasdaq Crypto Index US ETF (NCIQ) launched in December 2024, which initially tracked only Bitcoin and Ethereum. The SEC’s

Nasdaq files SEC Form 8-K confirming proposal to expand crypto benchmark from 5 to 9 digital assets, adding XRP, SOL, ADA, and XLM, allowing Hashdex Nasdaq Crypto Index US ETF (NCIQ) to transition to broader index. Read More »

SEC Chair Paul Atkins says the right to self custody crypto “is a foundational American value.”

SEC Chair Paul Atkins, in a significant shift from previous regulatory stances, emphasized during a roundtable discussion that self-custody of cryptocurrency aligns with foundational American values, particularly the right to private property, challenging the notion that such rights should diminish in digital contexts. This statement comes at a time when the U.S. crypto regulatory environment

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Saylor’s STRATEGY Will Buy Bitcoin Again

Michael Saylor’s post references MicroStrategy’s $59.13 billion Bitcoin portfolio, highlighting their strategy since 2020 to acquire Bitcoin as a treasury reserve asset, with 558,340 BTC purchased at an average of $29,171 each, now valued at $105,518 per coin amid Bitcoin’s surge past $105,000. The phrase “buys orange ink by the barrel” alludes to the saying

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UBS, the $1T banking giant, says their wealthy clients are ditching US dollar assets for crypto

The news came from a video from a Bloomberg New Voices event where a representative from UBS, a major Swiss banking institution, discusses the increasing interest in cryptocurrency among wealthy clients, noting a trend of allocating up to 5% of their portfolios to crypto assets. This shift is part of a broader trend where traditional

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