Ant Group, the financial technology giant backed by Alibaba, has registered a trademark for “Antcoin” in Hong Kong, signaling a renewed push into blockchain-based finance even as Chinese regulators step up pressure on crypto activity. According to a Monday report by the Hong Kong Economic Times, Ant Group is “expanding into the fintech arena.” The…
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American Bitcoin, the mining and treasury company co-founded by Eric Trump and Donald Trump Jr., added more than 1,400 Bitcoin to its holdings. According to a Monday announcement, American Bitcoin acquired 1,414 Bitcoin (BTC) for about $163 million. This brought the total holdings to 3,865 BTC, worth almost $445 million. Eric Trump, who serves as…
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One of the world’s first crypto exchanges, the now-defunct Bitcoin exchange Mt. Gox, has again postponed repayments to creditors, this time until October 2026. According to a Monday announcement, Mt. Gox postponed customer repayments to Oct. 31, 2026. The notice came just four days before its Oct. 31, 2025, deadline. According to the announcement, the…
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Binance co-founder Changpeng “CZ” Zhao fired back at US Senator Elizabeth Warren after she claimed he “pleaded guilty to a criminal money-laundering charge.” In a Friday X post, Zhao wrote that Warren “can’t get her facts right.” He added, “There were NO money laundering [charges].“ What Zhao pleaded guilty to was a single felony count…
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United States Representative Maxine Waters strongly criticized US President Donald Trump for his decision to pardon Binance founder and former CEO Changpeng “CZ” Zhao. Trump pardoned Zhao on Thursday, saying people told him “what he did is not even a crime.” Waters, the top Democrat on the House Committee on Financial Services, hit back later…
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Update (Oct. 17, 2025, at 11:00 am UTC): This article has been updated to add commentary by a Binance spokesperson. France’s banking regulator is conducting additional Anti-Money Laundering (AML) checks on Binance and other cryptocurrency exchanges, as Paris lobbies for more authority over Europe’s crypto industry under the Markets in Crypto-Assets Regulation (MiCA). According to…
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A co-founder of Bitcoin infrastructure company, Babylon Labs, claims to have built a system that allows for native Bitcoin to be used as trustless collateral to borrow on the Ethereum blockchain. In a Wednesday X post, Babylon Labs co-founder and Stanford University professor David Tse claimed Babylon built a proof-of-concept allowing for native Bitcoin (BTC)…
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During a recent event in Washington, D.C., US Securities and Exchange Commission (SEC) Chair Paul Atkins stated that the United States is 10 years behind in crypto and that addressing this issue is a priority for the regulator. During the DC Fintech Week event on Wednesday, Atkins said he thinks the United States is “probably…
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Multichain DEX aggregator Shapeshift announced support for shielded (private) transactions with the Zcash privacy cryptocurrency. According to a Thursday announcement shared with Cointelegraph, ShapeShift’s self-custodial decentralized exchange (DEX) aggregator and self-custodial wallet now support Zcash (ZEC) shielded transactions. The announcement comes as Zcash Community Grants allotted $50,000 to support ShapeShift’s technical and marketing investments. According…
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Luxembourg’s sovereign wealth fund has allocated 1% of its portfolio to Bitcoin exchange-traded funds (ETFs), marking one of the first such moves by a European state-backed investment entity. Luxembourg Director of the Treasury and Secretary General Bob Kieffer noted the investment in a Wednesday LinkedIn post. He said Finance Minister Gilles Roth had revealed the…
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