Turkey's Finance Minister Mehmet Şimşek announced on June 24, 2025, that the country is implementing new measures to regulate cryptocurrency transactions, specifically targeting the laundering of criminal proceeds from illegal betting and fraud. According to information published by the state-owned Anadolu news agency and shared by the minister,
The Federal Housing Finance Agency (FHFA) officially announced on June 24, 2025, that it is examining the potential inclusion of cryptocurrency assets in the mortgage application evaluation process, which could represent a significant shift in the $12 trillion US mortgage market. The FHFA, which oversees the federal mortgage financing corporations
On May 15, 2025, the Telegram messaging platform announced the blocking of two massive black market services, Supergroup and Black Market, which together facilitated over $120 billion in crypto-scam-related services, but has since remained inactive as these platforms have returned under new names. The fraud systems, primarily targeting Chinese users,
On June 23, 2025, Texas became the first U.S. state to establish a publicly funded, stand-alone Bitcoin reserve after Governor Greg Abbott signed Senate Bill 21 (SB 21) into law. The new legislation directs the state to establish a $10 million Bitcoin reserve managed independently from the main treasury,
The GENIUS Act for stablecoin regulation, signed by President Donald Trump on July 18, 2025, has created an unprecedentedly complex supervisory system that tasks 55 different regulatory agencies with overseeing the $250 billion market. Georgetown University finance professor James J. Angel criticises the law for fragmenting supervisory authority among the
In September 2018, at a debate hosted by KIO Networks in Mexico City, Katie Haun, a former federal prosecutor and Andreessen Horowitz's first female partner, predicted the future of stablecoins when Bitcoin was valued at just $4,000 and most Americans considered cryptocurrencies a passing fad. Against Nobel
Financial Stability Board Chair Klaas Knot warned on June 12th in Madrid that whilst the FSB has long maintained that crypto does not yet pose a systemic risk, recent developments suggest we may be approaching a tipping point. Knot highlighted that barriers for retail users have dropped significantly, particularly with
Visa announced on April 30th the launch of a new product that will let consumers pay with stablecoins in six countries, including Mexico and Argentina, marking a significant step toward making cryptocurrency part of mainstream commerce. The offering, developed with Stripe-owned startup Bridge, is also being rolled out in Colombia,
Anthony Pompliano has announced a $1 billion merger to create ProCap Financial through SPAC Columbus Circle Capital I, securing over $750 million in initial funding for its bitcoin treasury, representing a record for public bitcoin-focused companies. The merger agreement between ProCap BTC and NASDAQ-listed Columbus Circle Capital I includes $516.
Corporate bitcoin accumulation reached unprecedented levels in June 2025, with Relab Labs' latest data showing the top ten corporate bitcoin holders collectively owning 445,175 bitcoins, representing 2.12% of the total supply. MicroStrategy leads the list with 205,000 bitcoins worth over $12.5 billion, after purchasing an
Billionaire Peter Thiel-backed cryptocurrency exchange Bullish Global confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) on June 11, 2025. Bullish, which launched in 2021 with a $10 billion valuation and primarily serves institutional clients, aims to capitalise on favourable market
The United States Department of Justice (DOJ) issued a memorandum on April 7, 2025, that immediately disbanded the National Cryptocurrency Enforcement Team (NCET), significantly reducing its capacity to pursue digital asset-related crimes. The four-page document titled "Ending Regulation by Prosecution," signed by Deputy Attorney General Todd Blanche, explicitly
