The real-world asset (RWA) market has emerged as one of the key trends in the cryptocurrency industry in 2025, with companies increasingly jumping on the tokenization bandwagon. Although some studies pointed to a massive 260% increase of RWAs this year, some industry executives have questioned the magnitude of the reported market size, arguing that the…
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Thailand has approved new tax exemptions on income from the sale of cryptocurrencies like Bitcoin for five years, according to an official announcement by the Ministry of Finance. Thailand will waive the capital gain tax on crypto sales made through licensed crypto asset service providers in the period from Jan. 1, 2025, to Dec. 31,…
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US President Donald Trump’s social media platform, Truth Social, filed an S-1 form with the US Securities and Exchange Commission to launch a dual exchange-traded fund (ETF) for Bitcoin and Ether. Filed on Monday, the S-1 form proposes the issuance and trading of Truth Social Bitcoin and Ethereum ETF, sponsored by the asset management firm…
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Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, disclosed its latest BTC purchases made last week amid escalating geopolitical tensions in the Middle East. Strategy acquired 10,100 Bitcoin (BTC) for $1 billion during the week ending June 15, the company officially announced on June 16. The purchases were made at an average price…
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Cryptocurrency investment products continued their multi-week inflow streak last week as Bitcoin traded close to new highs and Ether briefly surged past $2,800 for the first time since February. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows in the trading week ending June 13, moving a nine-week streak of inflows to $12.9 billion,…
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Cryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million. Pompliano is expected to become CEO of ProCapBTC, a Special Purpose Acquisition Company (SPAC) that is set to merge with the publicly traded blank cheque vehicle Columbus Circle Capital 1, the Financial Times reported…
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Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its buying spree with its 32% stake acquisition in Canada’s public gold royalty firm Elemental Altus Royalties. Tether Investments on Thursday announced the acquisition of 78,421,780 common shares of Elemental (ELE) from La Mancha Investments, representing 31.9% of Elemental’s issued and outstanding shares.…
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Binance, one of the world’s largest crypto exchanges, has become one of the first crypto trading platforms to launch in Syria after the easing of US and European Union sanctions in May. Syrian residents are now able to access Binance’s platform and trade crypto assets like Bitcoin (BTC), the company announced on June 12. The…
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Connecticut lawmakers unanimously passed a bill prohibiting state and local government divisions from accepting cryptocurrency payments and holding crypto assets. The House Bill 7082, titled “An Act Concerning Various Revisions to the Money Transmission Statutes, State Payments and Investments in Virtual Currency […],” received bipartisan support and was signed into law on Tuesday. The bill…
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Ukrainian lawmakers have registered a draft bill on a cryptocurrency reserve in the Parliament, officially allowing the National Bank to include crypto in the country’s state reserves. Submitted to Ukraine’s Verkhovna Rada on June 10, the bill number 13356 represents a set of amendments to the law “On the National Bank of Ukraine” regarding the…
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