Kyrgyzstan’s parliament passed amendments enabling a national crypto reserve and new digital asset regulations. The bill introduces frameworks for stablecoins, tokenised assets, and oversight of service providers and exchanges. Final approval depends on President Sadyr Japarov, who recently legalised the country’s digital som CBDC. Kyrgyzstan’s parliament has approved amendments toContinue Reading

Bitwise CIO Matt Hougan has criticised US banks for lobbying against stablecoins, arguing that they should instead increase the interest rates on deposits to compete with the new financial products. Hougan’s comments were a direct response to a Bloomberg report that highlighted the vulnerability of community and regional banks toContinue Reading

Nebius has secured a massive US$17.4 billion (AU$26.36 billion) deal to supply Microsoft with GPU technology for its AI infrastructure. Shares of crypto mining companies surged, with Bitfarms climbing 22% and Cipher Mining rising 20%, leading the sector’s gains. Nebius stock soared nearly 50%, reaching an intraday high of US$98.68Continue Reading

Ripple has partnered with Spanish banking giant BBVA to provide institutional-grade custody technology for BBVA’s new retail Bitcoin and Ethereum trading service across Spain. The partnership aligns with Europe’s MiCA regulation and extends Ripple’s existing relationship with BBVA, which already uses Ripple’s custody technology in Turkey and Switzerland. Despite positiveContinue Reading

QMMM announced a US$100m (AU$153.2m) crypto treasury, sending shares up 2,300% before closing at US$207 (AU$317.1). Gains cooled in after-hours trading, with shares down nearly 25% to US$156.31 (AU$239.40). CEO Bun Kwai highlighted fast-growing blockchain adoption as the driver of QMMM’s digital asset strategy. Hong Kong-based investment company QMMM Holdings’Continue Reading

Charles Hoskinson, the founder of Cardano, has slammed the US healthcare system, describing it as “fucked” and alleging it functions primarily to make profits at the expense of patient outcomes. Hoskinson is working to create an alternative system, plowing US$200 million (AU$303m) of his own money into a healthcare centreContinue Reading