Emirates General Petroleum Corporation (Emarat), the UAE’s federal government-owned fuel retailer, has partnered with Crypto.com to introduce crypto payments at fuel stations, marking a first in the Middle East and North Africa. The initial phase enables crypto payments at 10 Emarat stations across Dubai, with plans to expand the service throughout Emarat’s network, according to …
Monthly archives: May 2025
SEC considers crypto exemption to streamline tokenized securities trading
The US Securities and Exchange Commission (SEC) is reviewing a potential exemption order allowing firms to issue and trade securities using distributed ledger technology (DLT). SEC Commissioner Hester Peirce revealed this plan during a May 8 address at the agency’s International Institute for Securities Market Growth and Development. SEC’s proposed crypto framework According to Peirce, …
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Jump Crypto Takes Strategic Stake in Securitize to Bolster Blockchain Finance
Securitize, a leading digital securities platform, announced a strategic equity investment from Jump Crypto on May 8 to enhance institutional access to tokenized real-world assets (RWAs) and improve collateral management solutions. Strategic Tie-Up Aims to Bridge Traditional Finance With Onchain Assets The Jump Crypto and Securitize partnership aims to leverage blockchain technology to address liquidity, …
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SOL Strategies Explores Tokenizing Shares on Solana via Superstate Partnership
SOL Strategies Inc. announced plans to explore tokenizing its equity on the Solana blockchain through a non-binding partnership with financial technology firm Superstate, potentially becoming the first public company to do so. Non-Binding Pact Could Pave Way for Solana-Based Share Tokenization The Toronto-based company, SOL Strategies Inc. (CSE: HODL) (OTCQB: CYFRF), signed a memorandum of …
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Bitcoin’s Latest Climb to $102,800 Fueled by Rush of Institutional Activity, Experts Say
On Thursday, bitcoin’s price jumped to $102,819, hitting a peak not seen since Feb. 3, and plenty of analysts point to a growing wave of institutional involvement as the driving force behind the climb. Wall Street’s Growing Appetite Sends Bitcoin Soaring Past $102K The institutions are here in full force, or so the chatter goes, …
Celsius Boss Falls: Alex Mashinsky Sentenced to 12 Years for $7B Fraud
Alex Mashinsky, the former CEO of cryptocurrency lender Celsius Network, was sentenced today to 12 years in prison for defrauding customers and manipulating the price of the platform’s native token, CEL. In December 2024, Mashinsky pleaded guilty to one count of commodities fraud and one count of securities fraud, admitting to misleading investors about Celsius’s …
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Bitcoin Price Watch: On the Verge of History With Only 7.44% Left to Break All-Time High
Bitcoin’s price is coasting along at $101,251 on May 8, 2025, leaving a 7.44% gap before reaching its all-time high. With a market capitalization of $2.01 trillion and a 24-hour trading volume of $58.84 billion, bitcoin’s current positioning reveals a complex but bullish technical landscape, as it ranged intraday between $95,967 and $101,711. Bitcoin On …
Commissioner Hester Peirce Unveils SEC’s Flexible Framework for Tokenized Securities
U.S. Securities and Exchange Commission (SEC) official Hester Peirce proposed a regulatory exemption framework for crypto-related securities trading during her May 8, 2025 keynote in Washington D.C., balancing investor protection with technological innovation. SEC Mulls Regulatory Sandbox to Test Tokenized Securities Amid Industry Push Commissioner Hester Peirce emphasized the need for “sensible regulation” to maintain …
Bitcoin ETFs Bounce Back With $142 Million Inflow While Ether ETFs See Another Red Day
Bitcoin ETFs snapped back with a $142 million inflow after Tuesday’s dip, led by strong interest in ARKB and FBTC. Ether ETFs, meanwhile, continued their slide with a $21.77 million outflow driven solely by Blackrock’s ETHA. Bitcoin ETFs Rebound Strong But Ether ETFs Hit by $21.77M Outflow The bulls returned to bitcoin ETFs midweek, pushing …
Bitcoin Whales and Sharks Gobble Up $7,890,599,380 in BTC in Just Six Weeks, Says Analytics Platform – Here’s What It Means
Bitcoin (BTC) whales and sharks have been on an accumulation spree over the past weeks, according to crypto analytics platform Santiment. The analytics platform says the whales and sharks that hold between 10 to 10,000 Bitcoin have collectively added BTC worth $7.89 billion in about one and a half months. “As May progresses, Bitcoin’s key …
Trader Says Bitcoin on Cusp of Breaking Out of Bearish Market Structure, Outlines Path to New Multi-Month High
A widely followed crypto analyst says that Bitcoin (BTC) is on the brink of breaking out of its bearish market structure, noting that it is on its way to its highest price tag since January. In a new thread, pseudonymous crypto trader Rekt Capital tells his 546,600 followers on the social media platform X that …
Democratic Senators Attempt To Block President Trump’s Crypto Ventures, Citing ‘Grift’ and National Security Risks
Senate Democrats are pushing for new legislation that aims to prevent cryptocurrency-related corruption among top US officials. US Democratic senators led by Jeff Merkley (D-Ore.) and Senate Democratic leader Chuck Schumer (D-NY) introduced the End Crypto Corruption Act of 2025 to prevent the president, vice president, senior executive branch officials, members of Congress, individuals appointed …
Standard Chartered Analyst Backs Off Bitcoin Price Prediction, Now Calls $120,000 BTC ‘Too Low’: Report
An analyst from the banking giant Standard Chartered is reportedly changing his price prediction for Bitcoin (BTC), predicting that the crypto king shoots up even higher than previously anticipated. According to a new report by CNBC, Geoffrey Kendrick, head of digital assets at the firm, is apologizing for predicting that BTC will hit the $120,000 …
Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates
The impact of positive Bitcoin-related legislative and regulatory progress finally trickles down to BTC price as the top cryptocurrency rallies above $101,000. Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space. Traders are confident that $100,000 will hold as support. Read more Go to Source
SEC considers new rules easing security token issuance
The US Securities and Exchange Commission is looking at potentially exempting companies that issue tokenized securities from certain registration requirements. Updated to correct that the SEC sent a Wells notice to Uniswap but did not bring charges. The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized …
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