Pakistan Unveils Bitcoin Reserve in White House Talks
In a bold move to cement its role on the global crypto map, Pakistan has unveiled plans for a Strategic Bitcoin Reserve and extensive infrastructure development centred around blockchain and artificial intelligence (AI). The announcement was made during a high-profile visit by Bilal Bin Saqib, Pakistan’s Minister of State for
Robinhood Expands Global Crypto Footprint with $200M Bitstamp Acquisition
Robinhood Markets, Inc. has completed its $200 million acquisition of Bitstamp, the world’s longest-running cryptocurrency exchange, in a major strategic move to broaden its global crypto presence. This all-cash deal, finalised on 2 June 2025, marks a significant expansion of Robinhood’s operations into the European, UK, and Asian markets, and
Norwegian Crypto Exchange Soars 138% After Bitcoin Treasury Move
Shares of the Norwegian Block Exchange (NBX) surged over 138% on June 2, following the announcement of its entry into the corporate Bitcoin treasury space. The Oslo-based crypto platform revealed it had acquired 6 Bitcoin (BTC) valued at approximately $633,700 with plans to increase this to 10 BTC by the
XRP Holds Ground as Institutional Momentum Builds Behind the Scenes
XRP is trading at a critical juncture, with market participants closely watching for signs of a potential reversal. As of the time of writing, XRP is priced at $2.17, marking a 1.2% daily decline and a 6% drop over the past week. The cryptocurrency has been consolidating within a narrow
IG Group Launches Spot Crypto Trading for UK Retail Investors
In a significant move that signals growing acceptance of digital assets in mainstream finance, IG Group, the London Stock Exchange-listed trading and financial services firm, has officially launched spot cryptocurrency trading for retail investors. This marks a considerable expansion from its earlier offering of crypto-based contracts for difference (CFDs), allowing
UK Lays Regulatory Foundations to Become Global Crypto Hub
The UK has taken a landmark step towards becoming a global leader in digital finance with the Financial Conduct Authority (FCA) releasing two detailed consultation papers, CP25/14 and CP25/15 aimed at establishing a comprehensive regulatory framework for cryptoassets. With over 350 pages of guidance, the proposals mark a decisive shift
SEC Ends Binance Lawsuit as US Crypto Policy Takes a Sharp Turn
The United States Treasury has imposed sanctions on Funnull Technology, a Philippines-based tech company, for allegedly enabling large-scale crypto scams. The Office of Foreign Assets Control (OFAC) announced on May 29 that Funnull provided infrastructure and services to thousands of fraudulent investment platforms, helping scammers steal more than $200 million
K33 Secures $6.2M to Launch Bitcoin Treasury Strategy
K33, a European digital asset brokerage based in Norway, has announced it raised 60 million Swedish krona (approximately $6.2 million) to initiate a Bitcoin-focused treasury strategy. The capital was secured through a combination of interest-free convertible loans and a new issuance of shares and warrants. The raised funds will be
Apex Fusion Unveils Blockchain-Based Reputation System
Apex Fusion, a forward-looking multi-chain Web3 ecosystem, has officially launched its highly anticipated Blockchain-Based Reputation System, aiming to reward authentic participation and counteract manipulation from bots and Sybil accounts. After a successful beta involving 1,800 users and 70 different quests, the system is now live and open to the entire
GameStop Bets Big on Bitcoin with $500 Million Investment
In a significant strategic pivot, GameStop has announced its first major foray into the cryptocurrency space with a purchase of 4,710 bitcoins, valued at over $500 million. The move, revealed on Wednesday, marks the company’s adoption of Bitcoin as a treasury reserve asset, aligning itself with a growing number of
