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
Vietnam Approves Cryptocurrency: Enacts Fresh Laws to Govern Digital Assets
The outlook for the Vietnamese digital currency trading market is improving! As reported by local sources, the nation enacted its Law on Digital Technology Industry on 14 June 2025. This groundbreaking legislation aims to effectively regulate Vietnam's newly recognized digital economy. Local reporting
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
Ukraine Suggests Modifications To Legislation To Incorporate Digital Assets Into National Strategic Reserve
On 10 June 2025, Ukraine unveiled a legislative proposal to modify the Law “On the National Bank of Ukraine” to incorporate virtual assets into the gold and foreign currency reserves. In simpler terms, the suggested modifications would permit digital currencies like Bitcoin to
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
Tokenization Launches Dubai’s Real Estate Market to $18B in May 2025
In May of this year, Dubai experienced a remarkable surge in its real estate trading market, achieving an unprecedented sales volume and record-high transaction values, showcasing increased crypto holder confidence in the city's property sector. According to a report from a publication dated
Africa Crypto Update Weekly Recap: South Africa Advocates for Updated Crypto Regulations, Kenyan Financial Institutions Prepare for Crypto asset as Tether Grows
Africa crypto news: A South African judge is advocating for updated crypto asset regulations, and Kenyan banks are preparing for crypto as Tether invests in Shiga Digital. A judge from South Africa has expressed discontent with the nation's financial authorities for depending on
Hong Kong Set to Launch Crypto Derivatives Trading in the Near Future
Hong Kong is enhancing its initiatives to reinforce its role as a center for digital assets. The Securities and Futures Commission (SFC) of Hong Kong intends to launch virtual asset derivatives trading tailored for professional investors. As stated in a report by China
South Korea’s Crypto asset Landscape Is Poised to Explode No Matter Who Secures Election Victory
In South Korea, cryptocurrency is more than an investment; it represents a lifestyle. With more than 18 million individuals engaged in digital asset trading, transaction volumes exceed those of the country's two primary stock exchanges, the Kospi and Kosdaq. Crypto has emerged as
South Korean Crypto Sector Secures a Victory Regardless of Election Results
This week's presidential election represents a crucial advancement for the South Korean crypto asset sector, as both contenders have committed to enhancing crypto regulations and broadening access within the nation. As noted in a Bloomberg article released on 2 June 2025, around 18
