Infini, China’s most widely used crypto card payment service, has announced it will permanently suspend all card-based services, marking a significant pivot toward financial management and yield-driven offerings. According to a statement published via the platform’s official Telegram channel, all card-related services — including the Global Card, Lite Card, and Tech Card — will be…
The global cryptocurrency market faced a sharp downturn early Thursday following breaking news that Israel launched a surprise military strike on Iranian territory. The air assault, which reportedly targeted critical infrastructure in central and western Iran, sent shockwaves through financial markets — with crypto bearing the brunt of investor panic. Market Sentiment Shaken Bitcoin (BTC),…
A $45 million Bitcoin donation from a convicted dark web entrepreneur has ignited a major political storm in the Czech Republic. The donation, made by Tomáš Jiříkovský, a former drug trafficker and operator of an illegal online marketplace, has triggered calls for a no-confidence vote against the current government. The opposition is demanding accountability for…
The Nigerian Securities and Exchange Commission (SEC) has renewed its public warning against Crypto Bridge Exchange (CBEX), also known as ST Technologies International Ltd, Smart Treasure, or Super Technology, for operating without regulatory approval and engaging in unauthorized investment activities. According to the SEC’s official advisory issued on Wednesday, CBEX has resumed operations despite prior…
Singapore’s financial regulator has issued a final ultimatum to cryptocurrency exchanges operating without a license, demanding that they cease all operations by June 30, 2025. The Monetary Authority of Singapore (MAS) first delivered the notice at the end of May and issued a follow-up clarification on June 6 to reinforce its stance. “This move should…
Ukrainian lawmakers have taken a bold step toward integrating cryptocurrency into the country’s official financial reserves. On June 10, 2025, a group of lawmakers, led by MP Yaroslav Zhelezniak, submitted a draft bill proposing amendments to the Law on the National Bank of Ukraine. If passed, the law would allow virtual assets like Bitcoin (BTC)…
Bitcoin treasury giant Strategy has added another 1,045 BTC to its holdings, spending roughly $110.2 million between June 2 and June 8, according to a recent SEC filing. The purchase was made at an average price of $105,426 per Bitcoin, further solidifying the company’s aggressive accumulation strategy. With this acquisition, Strategy’s total Bitcoin holdings now…
A coalition of eight leading U.S.-based crypto organizations has officially thrown its support behind the Blockchain Regulatory Certainty Act (BRCA) as part of the broader CLARITY Act, a legislative proposal aiming to bring structural coherence to the digital asset industry. In a joint statement released on June 5, 2025, policy groups and companies including Coin…
Despite increasing calls for clear cryptocurrency regulations in India, the Reserve Bank of India (RBI) has doubled down on its long-standing opposition to digital assets. RBI Governor Sanjay Malhotra reiterated the central bank’s firm stance during a press conference, citing risks to monetary policy and financial stability as the primary reasons behind its anti-crypto position….
The Ethereum Foundation has introduced a revamped treasury policy aimed at strengthening financial sustainability while continuing to support the network’s long-term growth and development. The announcement, made on June 4, 2025, highlights the foundation’s commitment to prudent fiscal management and ecosystem resilience amid an increasingly dynamic crypto landscape. Under the new policy, the Ethereum Foundation…