On May 12, Dubai’s Department of Finance signed a Memorandum of Understanding (MoU) with Crypto.com to process all government service fees in cryptocurrency. This agreement was formalized at the Dubai Fintech Summit. Residents and companies will soon settle licence renewals,...

On May 12, Metaplanet, a Japan-based investment firm, announced in a company release that it had purchased an additional 1,241 Bitcoins for roughly $126.7 million, paying an average of $102,119 per coin. With this move, Metaplanet now holds 6,796 BTC,...

Pennsylvania’s Lehigh County Pension Board has voted to halt fresh purchases of Tesla (NYSE: TSLA) stock. The fund, which oversees investments of just under $600 million, becomes the first known case of a public pension fund blocking investments in TSLA...

Facebook's parent company Meta is in talks with cryptocurrency firms to integrate stablecoin payments into its platforms. According to an exclusive report by Fortune, three sources disclosed that Meta reached out to several crypto infrastructure providers earlier this year. Meta...

On May 7, Acting Comptroller Rodney Hood of the U.S. Office of the Comptroller of the Currency (OCC) issued an interpretive letter, authorizing national banks and federal savings associations to buy and sell crypto assets they hold for customers. In...

Binance, the world’s largest cryptocurrency exchange, has partnered with Bhutan to create a first-of-its-kind national crypto payment system for tourism. The collaboration between Binance Pay and Bhutan’s fully digital DK Bank enables travelers to pay for goods and services using...

On May 5, Tether minted another $1 billion USDT on the Tron network, increasing this year’s Tron mints to  $9 billion and pushing Tron’s circulating USDT to $71.4 billion. Ethereum-based USDT maintains its lead with $72.8 billion in circulation, yet a gap of only $1.4 billion separates the...

Tesla (NYSE: TSLA) has cut the financing rates for its new Model Y in the US. While it is usual for the company to offer incentives towards the end of the quarter, this time around it is offering the discount...

At a recent BRICS meeting in Rio de Janeiro, foreign ministers discussed steps to reduce reliance on Western financial systems. The focus was on fostering greater economic autonomy through the increased use of local currencies in international trade. The move...

On May 4, the Maldives signed a deal with Dubai‑based family office MBS Global Investments to invest over $8 billion in a new financial-free zone called the Maldives International Financial Centre (MIFC). The project will cover 830,000 square-meter and focus on blockchain, crypto, and wider digital‑asset firms. Construction...