KuCoin TR Submitted SPK Application in Türkiye, Affirming Commitment to Compliance and Local Users

3 mins read

KuCoin, a leading global cryptocurrency exchange, is pleased to announce that its Türkiye collaborative partner, KuCoin TR Kripto Varlık Alım Satım Platformu AŞ (a.k.a. “KuCoin TR”), officially submitted its licensing application to the Türkiye Capital Markets Board (“SPK”) for authorization as a Crypto Asset Service Provider. This milestone places KuCoin TR on the SPK’s list of operating entities, alongside prominent platforms such as Binance TR, Bybit TR, OKX TR, and

Two Polish gaming companies plan to adopt a bitcoin treasury strategy

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Recently, more and more companies around the world have started including Bitcoin in their balance sheets as a long-term plan to increase their value. MicroStrategy, a company based in the U.S., is at the forefront of this trend. They have gathered more than 628,000 BTC, worth almost $72 billion, which is much higher than their yearly software revenue of $463 million. MicroStrategy started buying Bitcoin in 2020 to protect itself

Gate and World Liberty Financial Reach Strategic Milestone: Gate Becomes Second-Largest Holder of USD1 Among Centralized Exchanges

2 mins read

Gate, a leading global cryptocurrency exchange, and World Liberty Financial (WLFI), the developer of a pioneering DeFi protocol and governance platform inspired by President Donald J. Trump, jointly announced a major milestone in the growing adoption of USD1, a USD-backed stablecoin issued by WLFI. According to on-chain data as of today, Gate has officially become the second-largest holder of USD1 among all centralized exchanges, trailing only Binance. The surge in

MultiBank.io Partners with Fireblocks and Mavryk to Launch $10B Real Estate Tokenization Platform

3 mins read

MultiBank.io, the digital asset division of MultiBank Group—one of the world’s largest financial derivatives institutions—has announced its integration with Fireblocks to support a real estate tokenization initiative. The platform aims to bring approximately $10 billion in real-world assets (RWAs) on-chain, with a focus on enhancing asset security, regulatory compliance, and accessibility. The first phase draws on MultiBank.io’s recent $3 billion partnership with MAG Lifestyle Development, featuring flagship projects such as The

Bitcoin hits new all-time high above $122K

1 min read

Bitcoin recently hit a new high of $122,500 on Monday morning, after rising past $119,000 and $120,000 on Sunday night. Currently, Bitcoin is priced at about $122,235. This shows a 30% rise since the start of the year and is more than twice its value from last year. Bitcoin’s price has risen sharply this week, thanks to several factors, including positive trends on the blockchain, increased interest from major investors,

Terra Nexus Enters into an MoU with a Chinese Government-Owned Enterprise “Sinohydro”

3 mins read

Terra Nexus Project Management Service CO.L.L.C S.O.C (Representative: Hidetoshi Tashiro) based in Dubai, UAE, has entered into a memorandum of understanding (MoU) with Sinohydro Bureau 6 Co., Ltd. (hereinafter “Sinohydro”), a Chinese government-owned infrastructure company, regarding a mining partnership for mining resources in the West African region and tokenization of the resources. This agreement will bring Terra Nexus’ real-world tokens (RWA), named “WFCA” (World Friendship Cash Asset), into the full-fledged implementation phase beyond the drawing

KuCoin Futures Ranks 4th Globally on CoinGlass’ Latest Derivatives Exchange List

2 mins read

KuCoin, a leading global cryptocurrency trading platform, is proud to announce that KuCoin Futures has officially been listed on CoinGlass, the trusted crypto derivatives analytics platform, and now ranks 4th globally among all derivatives exchanges. As institutional and retail interest in crypto derivatives continues to rise, CoinGlass plays a vital role in providing real-time data that shapes user perception and decision-making. The platform’s comprehensive ranking system incorporates multiple market indicators,

Senator Lummis introduces legislation to modernize crypto tax rules

1 min read

Senator Cynthia Lummis is pushing for major tax changes related to digital assets with new laws that could raise about $600 million from 2025 to 2034. The proposed bill aims to make tax rules easier for crypto holders by not taxing transactions under $300 for capital gains. This exemption covers both the transaction value and the total gain, with a yearly limit of $5,000 and adjustments for inflation beginning in

The SEC approves Grayscale’s conversion of its large-cap crypto fund into a spot ETF

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The US Securities and Exchange Commission (SEC) has given the green light for Grayscale’s Digital Large Cap Fund (GDLC) to be listed and traded as a spot exchange-traded fund (ETF) on NYSE Arca. The announcement on July 1 came after Grayscale’s updated S-3 filing, showing that the company is still in talks with the SEC. Nate Geraci, the President of ETF Store, expected this approval and indicated a hopeful view

Robinhood to launch tokenized U.S. stocks and ETFs

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Robinhood is making important progress in Europe by offering tokenized U.S. stocks and ETFs, as well as new crypto futures and staking services. The company has introduced more than 200 tokenized stocks and ETFs for investors in the European Union, using the Arbitrum Layer 2 blockchain for these transactions. In the future, Robinhood plans to move these assets to its own Ethereum-based Layer 2 blockchain, which is made for trading

Federal Reserve Chair Jerome Powell says Bitcoin is maturing

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At a recent Senate Banking Committee meeting, Federal Reserve Chair Jerome Powell discussed how cryptocurrency is changing. He said that Bitcoin and other crypto have become more popular and are now accepted by more people. Senator Cynthia Lummis asked about how stablecoin risks have changed since the Federal Reserve’s 2023 policy under Section 9(13), which prompted his comments. This part allows the Federal Reserve Board to oversee state-chartered member banks.

President Trump’s media company files to launch a Bitcoin and Ethereum ETF

1 min read

Trump Media & Technology Group, run by President Donald Trump, has submitted a request to the U.S. Securities and Exchange Commission (SEC) to start a Bitcoin and Ethereum exchange-traded fund (ETF). This proposed ETF is called the Truth Social Bitcoin and Ethereum ETF. It plans to invest 75% in Bitcoin and 25% in Ethereum. This way, investors can access both cryptocurrencies with one product. Crypto.com is the only custodian for