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Pakistan Establishes Digital Asset Authority to Oversee Cryptocurrency Regulations

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Pakistan’s Ministry of Finance has greenlit the launch of the Pakistan Digital Assets Authority (PDAA), a new regulatory body tasked with overseeing blockchain-based financial systems. The agency will spearhead a robust, future-ready regulatory… Continue reading Pakistan Establishes Digital Asset Authority to Oversee Cryptocurrency Regulations

Xpeng Motors Stock Soars After Impressive Q1 Earnings and Outlook

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Xpeng Motors stock (NYSE: XPEV) is trading sharply higher today after the company released its earnings for the March quarter. The Chinese electric vehicle (EV) company not only reported better-than-expected earnings in the… Continue reading Xpeng Motors Stock Soars After Impressive Q1 Earnings and Outlook

Source: Midjourney

New York Mayor Adams Launches Crypto Council to Fast-Track Bitcoin Hub

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 20, New York (NY) Mayor Eric Adams announced the formation of a digital assets advisory council to position the city as a global hub for cryptocurrency and blockchain innovation. The initiative… Continue reading New York Mayor Adams Launches Crypto Council to Fast-Track Bitcoin Hub

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Brazil’s Méliuz Allocates $28M to Bitcoin Treasury as Shares Climb 116%

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 15, Brazilian fintech Méliuz (CASH3.SA) acquired 274.52 Bitcoin at an average price of $103,604, costing the firm $28.4 million. The May 15 purchase, approved during an extraordinary shareholders’ meeting, formally established… Continue reading Brazil’s Méliuz Allocates $28M to Bitcoin Treasury as Shares Climb 116%

Source: Midjourney

European Police Arrest 17 in €21M ‘Mafia Crypto Bank’ Tied to China and Middle East

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Europol and Spanish police took down a massive “mafia crypto bank” on May 14. The criminal network laundered over €21 million ($23.5 million) in cryptocurrency. Chinese and Middle Eastern crime groups used their… Continue reading European Police Arrest 17 in €21M ‘Mafia Crypto Bank’ Tied to China and Middle East