Tether’s USDT Gains Regulatory Greenlight From Thailand’s SEC
Thailand’s Securities and Exchange Commission has officially approved Tether’s USDT as a recognized cryptocurrency, allowing its trading and potential use in payments, marking a significant step forward for stablecoin adoption in Asia. Thailand Approves Tether’s USDT, Paving Way for Stablecoin…
Aftermath: 86% of Libra Investors Lost Money
Around 86% of traders who own $LIBRA lost their investments, data from research firm Nansen revealed. What’s the Significance? This incident demonstrates how a national government’s endorsement can cause chaos in the crypto market, potentially influencing other regulators’ willingness to…
Rwanda Unveils Draft Law to Regulate Virtual Assets, Providing Clarity and Oversight
Rwanda has taken a significant step towards regulating digital asset transactions by unveiling a draft law governing virtual assets. Addressing FATF Concerns Rwandan regulators recently unveiled a draft law regulating virtual assets in the African country. The release of the…
Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound
Bitcoin’s latest drop “looks, smells and feels 100% just like 2017,” a crypto executive says, citing rising liquidity, policy shifts and economic turmoil. Bitcoin’s 11th Major Correction in a Decade: Crypto Executive Says ‘Buckle Up’ Bill Barhydt, CEO of crypto…
US Bitcoin Reserves Could Spark Global Adoption, Says Skybridge Capital Founder
Anthony Scaramucci, founder and managing partner of Skybridge Capital, reaffirmed his belief in bitcoin as a valuable long-term strategic asset during an interview on CNBC. Skybridge’s Scaramucci: U.S. Must Embrace Bitcoin to Stay Competitive Speaking about the evolving role of…
Quick Take: Bitcoin and Ether Drop Sparks ₱43.2B in Liquidations as Market Turmoil Continues
The crypto market faced another round of heavy liquidations, with $751.15 million (₱43.2 billion) wiped out in the past 24 hours as Bitcoin and Ethereum extended their declines. Nearly 256,000 traders were liquidated, with a $5.07 million Bitcoin position on…
EU Ministers Fear Trump’s Crypto Policies, Sources Say
According to a report, Eurozone economic ministers are not too keen on Trump’s friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having “negative consequences on stability and sovereignty.” EU Warns Trump’s Crypto…
Tether ($USDT) Is Now A Legally Approved Cryptocurrency In Thailand
Thailand securities regulatory body legally recognised Tether ($USDT) stablecoin, unlocking new opportunities around Tether payments. Summary Thailand recognised Tether (USDT) stablecoin legally. The achievement of USDT may push USDT use in traditional payment services. $USDT is a top first-ranked stablecoin…
Report: SEC Retreats From Plan to Classify Crypto Firms as Trading Systems
The U.S. Securities and Exchange Commission (SEC) is moving to abandon a proposed rule that would have required certain cryptocurrency firms to register as alternative trading systems (ATS), according to acting Chair Mark Uyeda. SEC Shifts Stance on Crypto Regulation…
YGG Pilipinas Brings Web3 Careers to Filipinos with MFW Caravan
YGG Pilipinas has officially launched the Metaverse Filipino Worker (MFW) Caravan, a four-month nationwide roadshow aimed at equipping Filipinos with digital skills and new earning opportunities. At the press conference, Phee Tejada, Business Development Lead at YGG Pilipinas, formally introduced…
