Spokane City, Washington, Prohibits Crypto ATMs After Rise in Crypto-Related Crimes
Officials have mandated the elimination of crypto ATMs in Spokane, Washington, over the upcoming 60 days, enforcing a citywide prohibition. On 17 June 2025, members of the Spokane City Council's legislative assembly unanimously supported the eradication of all crypto ATMs within the city
Trump Phone Aftermath: Are MAGA ‘Schemes’ Hindering Crypto Progress by Ten Years?
Seeing Trump dropshipping his own non-branded golden phone intended for developing nations makes me wonder if I’m dreaming. First, there was the botched NON-FUNGIBLE TOKEN rollout, followed by the alleged scam linked to TRUMP ▲0.00%, and now a phone no one wanted while
Trump’s Truth Social Aims to Introduce Dual Bitcoin-Ether ETF
Donald Trump’s media firm is making another move into the cryptocurrency sector. Trump Media & Technology Group, which operates Truth Social, has submitted a filing with the SEC for a fresh spot ETF. This proposed fund would combine BTC and Ether in a
Africa Crypto News Weekly Recap: Binance Commends Kenya, VALR Collaborates with MoonPay, Nigeria Imprisons 9 Chinese Fraudsters
In the most recent updates from Africa's crypto scene, Binance commends Kenya for progress in crypto regulations while cautioning against excessive taxation. Meanwhile, VALR is collaborating with MoonPay to broaden access to various fiat currencies. Additionally, Nigeria has sentenced nine Chinese cryptocurrency fraudsters
Ripple and the SEC Submit a Collaborative Motion to Resolve the $125M Lawsuit
One of the most enduring litigations in the crypto asset sector might soon draw to a close as the involved parties work towards resolving their disagreements. Ripple and the US Securities and Trading protocol Commission (SEC) have collectively suggested settling their $125 million
Peter Thiel’s cryptocurrency exchange Uptrend submits application for U.S. IPO.
Optimistic, the crypto asset trading protocol backed by Peter Thiel, has quietly submitted its application for an initial public offering in the U.S. This step indicates that the firm is prepared to try again at becoming public after its previous effort through a
eToro Posts Robust Q1 Fueled by Surge in Trading Activity, Yet Shares Tumble by 12%
eToro announced a net profit of $60 million for Q1 2025 on June 10, 2025, showcasing strong financial outcomes attributed to heightened user engagement and a marked increase in trading activity across its worldwide markets. eToro’s net contribution saw an 8% rise in
South Korea’s Newly-Elected President Takes Steps to Legalize Stablecoins via Cryptocurrency Legislation
South Korea’s freshly elected leader, Lee Jae-myung, has introduced the Digital Asset Basic Act. This cryptocurrency legislation permits domestic firms to issue stablecoins. Lee – recognized as a progressive figure who triumphed over a conservative rival – is swiftly acting to fulfill commitments
Uber Might Employ Stablecoins to Reduce Expenses on International Transfers
Uber is currently investigating stablecoins as a means to enhance its international payment system. While it might seem unexpected for a rideshare service, the efficiency of faster and cheaper transactions becomes crucial when managing money across multiple countries. CEO Points to Stablecoins as
WazirX Moves to Panama After Court Denies Restructuring Proposal: Discover Top Cryptocurrencies to Purchase!
WazirX, situated in Singapore, is relocating its headquarters to Panama following a ruling from local courts that denied its restructuring proposal. The crypto asset trading protocol disclosed the court's ruling in a post on X on June 4, 2025. In a message sent