Crypto News
Pakistan to Launch Strategic Bitcoin Reserve, Says Crypto Minister
At Bitcoin 2025, Bilal Bin Saqib—the crypto assistant to the prime minister—announced that Pakistan is plotting its own Bitcoin reserve.Source link
UK’s FCA Seeks Views on Stablecoins, Crypto Custody to Prevent Firm Failures
The U.K.'s Financial Conduct Authority (FCA) is seeking additional views on its upcoming stablecoins regime, it said on Wednesday."In support of the opportunities stablecoins present to financial services and the broader economy, the FCA will explore adding a specific focus on stablecoins to its innovation services in the coming months," the FCA's statement said.The FCA's proposed rules are meant to ensure stablecoins maintain their value and seek to reduce the likelihood of stablecoin and crypto custody companies failing.Stablecoins have been something regulators have been watching carefully following the collapse of the algorithmic stablecoin terraUSD in 2022 that resulted in investors losing out on their life savings.The FCA has been establishing its new crypto regime since 2023. In 2023 it published...
Drawing Parallel to Rothschilds, Michael Saylor Says Bitcoin Will Anchor Future ‘Cash’ Settlement
Michael Saylor, founder of business intelligence firm Strategy (formerly Microstrategy), predicted bitcoin will become the foundational network for settling global financial transactions, drawing a direct parallel to how gold underpinned the 19th-century banking system dominated by the Rothschild family. Michael Saylor Forecasts Bitcoin as Core Settlement Asset, Evoking 19th-Century Banking Analogy Speaking at the BitcoinSource link
Trump’s Labor Department Retracts Biden-Era Guidance Against Crypto in Retirement Plans
President Trump's pro-crypto push continues, with his Department of Labor reversing course on 2022 guidance against crypto in 401(k) plans.Source link
VivoPower Raises $121M to Launch XRP Treasury Strategy With Saudi Royal Backing
VivoPower International (VVPR), a Nasdaq-listed energy company, said on Wednesday it has secured $121 million in a private share placement to fund its pivot to digital asset treasury focusing on XRP XRP, the fourth largest cryptocurrency by market capitalization.The raise was led by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, investing $100 million, a spokesperson to the company told CoinDesk. The company sold 20 million ordinary shares priced at $6.05 per share.Adam Traidman, a former Ripple executive who led the SBI Ripple Asia, is joining the company as chairman of the board of advisors, according to the press release. Ripple is an enterprise-focused blockchain service provider closely related to the XRP Ledger.VivoPower shares surged as much as 26% on...