Cryptocurrency Updates

$2 TRILLION CITI BANK SAYS IT WILL BE AN ONRAMP TO THE BITCOIN AND CRYPTO ECONOMY

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Citi Bank’s CFO, Mark Mason, discussed the firm’s strategy for stablecoins, emphasizing their potential to facilitate cross-border, multi-asset transactions 24/7, aligning with client demands for seamless financial operations. The discussion highlights Citi’s ongoing investment in its Citi Token Services, which leverages blockchain technology to enhance cash management and trade finance, potentially positioning the bank as […]

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President Trump says 11 representatives who voted against pro-crypto legislation have now agreed to vote in favor of advancing the bills

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This highlights a sudden shift in U.S. legislative support for the GENIUS Act, a pro-crypto bill, after President Trump convinced 11 out of 12 initially opposing representatives, reflecting his growing influence in the crypto policy arena following a failed vote on July 15, 2025, driven by concerns over Central Bank Digital Currencies (CBDCs). This turnaround

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The founder of Custodia Bank – Caitlin Long says the July 22nd digital assets report from the Treasury, SEC, CFTC and others could change everything for crypto

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This is a significant upcoming event in the cryptocurrency industry: a report from the U.S. Treasury Department, SEC, and CFTC scheduled for July 22, 2025, which could potentially clarify regulatory frameworks for digital assets, including distinctions between securities and commodities, and the regulation of stablecoins. Caitlin Long, a crypto bank founder, suggests this report might

The founder of Custodia Bank – Caitlin Long says the July 22nd digital assets report from the Treasury, SEC, CFTC and others could change everything for crypto Read More »

Robinhood officially launches ETH and Solana SOL staking in the US.

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Robinhood’s launch of staking for Ethereum (ETH) and Solana (SOL) in the US, is a significant move following the SEC’s recent clarification that some staking services aren’t securities, reversing prior regulatory scrutiny that led to SOL’s delisting in 2023. This development allows US users to earn passive income with a $1 minimum, but a 25%

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The US Treasury has removed crypto broker reporting rules

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The U.S. Treasury’s decision to remove crypto broker reporting rules, as reported by Bloomberg, reverses a 2023 IRS mandate requiring custodial brokers to report digital asset sales, potentially signaling a shift toward lighter regulation amid growing crypto adoption, with transaction volumes reaching $2.8 trillion in 2024 per Chainalysis data. This move contrasts with global trends,

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Airline giant Emirates announces they will be accepting Bitcoin and crypto as payment for flights

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The announcement of Emirates accepting Bitcoin and crypto payments stems from a Memorandum of Understanding (MoU) signed with Crypto.com on July 9, 2025, aligning with the UAE’s progressive blockchain strategy, which aims to shift 50% of government transactions to blockchain by 2021, showcasing a surprising leap in digital adoption. This move builds on a 2020

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TWITTER FOUNDER JACK DORSEY JUST LAUNCHED A NEW BLUETOOTH BASED MESSAGING APP WHERE USERS CAN SEND BITCOIN WITHOUT INTERNET

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“Bitchat” is a Bluetooth-based messaging app launched by Jack Dorsey, enabling encrypted peer-to-peer communication within 300 meters without internet, drawing from his Bitcoin advocacy and a 2017 Bluetooth Mesh standard that supports such networks. Early user tests, including a claimed Bitcoin transfer, align with Bitchat’s design to operate offline, potentially revolutionizing communication in disaster zones

TWITTER FOUNDER JACK DORSEY JUST LAUNCHED A NEW BLUETOOTH BASED MESSAGING APP WHERE USERS CAN SEND BITCOIN WITHOUT INTERNET Read More »

Japanese banking giant ‘Shinsei bank’ to offer Bitcoin credit card rewards

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Shinsei Bank, a ¥10 trillion Japanese banking giant, is integrating Bitcoin into its credit card rewards program, marking a significant shift as Japan, traditionally cautious with cryptocurrencies, sees growing institutional adoption, with over 20% of Japanese firms holding crypto assets according to a 2023 Bank of Japan survey. This move aligns with a broader trend

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Spain’s second largest bank, BBVA launches Bitcoin trading and custody for all retail customers

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BBVA, Spain’s second-largest bank with over 77 million customers globally, launched Bitcoin trading and custody services on July 7, 2025, via its mobile app, marking a significant shift as traditional banks adopt crypto amid growing demand, evidenced by Bitcoin’s price hovering near $108,500 as reported by FXStreet on July 5, 2025. This move follows BBVA’s

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Metaplanet buys another 2,205 Bitcoin worth $240.8 million

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Metaplanet’s purchase of 2,205 Bitcoin for $240.8 million, bringing their total to 15,555 BTC valued at $1.69 billion, reflects a bold corporate strategy mirroring MicroStrategy’s approach under Michael Saylor, who has amassed over 500,000 BTC, as highlighted at the Bitcoin for Corporations 2025 event in Orlando.This move coincides with a notable $8.6 billion Bitcoin whale

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