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1 week ago | 
altcoinbuzz.io | Lawrence Mike Woriji
Tourists visiting Thailand could be allowed to spend cryptocurrencies while visiting the country, thanks to a new policy change. Thai authorities are working to improve their system to accommodate the growing need for digital assets. A part of that change could see visitors spend crypto via credit card-linked platforms. Thailand’s Deputy Prime Minister and Finance Minister, Pichai Chunhavajira, shared the plans at a recent event in Bangkok.
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1 week ago | 
altcoinbuzz.io | Lawrence Mike Woriji
If you’ve been watching the crypto market lately and watching which exchange is actually doing stuff, then BYDFi should be on your radar. BYDFi has been on fire lately with new listings, cool updates, and fresh ways to trade. Let’s break all these down. New Coins, New ChancesBYDFi just listed a few new tokens for spot trading: ELDE/USDT and PFVS/USDT. Now, these coins might not be big names yet. But that’s the point. Getting in early is the way to position yourself on crypto.
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1 week ago | 
altcoinbuzz.io | Lawrence Mike Woriji
Large U.S.-based financial giants are reportedly in early talks to launch a joint stablecoin. According to sources familiar with the matter, firms linked with JP Morgan, Wells Fargo, Bank of America, and Citigroup have discussed launching a dollar-backed asset. These stablecoin discussions, while still in early stages, are believed to involve key payment networks, including The Clearing House and Early Warning Services.
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1 week ago | 
altcoinbuzz.io | Lawrence Mike Woriji
Texas is set to become one of the first U.S. states to hold Bitcoin as part of its official reserves. Governor Greg Abbott recently expressed his plans to sign Senate Bill 21 into law. Doing this would authorize the creation of a strategic Bitcoin reserve for the state. Several U.S. states have signaled support to create Bitcoin reserves. However, most efforts have remained at the interest stage. But Senate Bill 21 has gained serious traction in Texas.
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1 week ago | 
altcoinbuzz.io | Lawrence Mike Woriji
Two publicly traded companies have entered the Bitcoin market, marking a continued trend of corporate crypto adoption. The first, Swedish health tech firm H100 Group AB, disclosed it recently purchased 4.39 BTC for approximately $490,830, an average price of $111,785 per Bitcoin. The company’s stock responded sharply, jumping 37% to 1.22 SEK ($0.13) on the Nordic Growth Market. This rise helped the firm recover from a steep two-month decline, during which its shares had dropped over 46%.
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2 weeks ago | 
altcoinbuzz.io | Lawrence Mike Woriji
BitcoinOS, a project focused on expanding Bitcoin’s potential, has launched Charms, a new feature that unlocks new potential for Bitcoin. BitcoinOS is a platform built to make Bitcoin smarter. It supports tools like smart contracts and tokens without compromising Bitcoin’s security or simplicity. Meanwhile, Charms is a programmable and portable token designed to bring smart features to Bitcoin without changing its core. It is a token standard designed specifically for Bitcoin.
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2 weeks ago | 
altcoinbuzz.io | Lawrence Mike Woriji
President Trump’s administration is confident that the US Senate will back the stablecoin bill, officially known as the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins). David Sacks, a senior advisor to the President on crypto and AI, told CNBC that the bill was on track to pass. The GENIUS Act is the first major federal effort to provide clarity on stablecoins, one of the most popular digital currencies.
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2 weeks ago | 
altcoinbuzz.io | Lawrence Mike Woriji
Crypto trading platform Crypto.com has secured a Markets in Financial Instruments Directive (MiFID) license, allowing it to offer traditional investment tools like derivatives and securities to EU users. Crypto.com acquired A.N. Allnew Investments Ltd., a Cyprus-based investment firm, earlier this year and received approval from Cyprus’s financial watchdog, CySEC. The MiFID license means users within the European Economic Area (EEA) can access derivatives on Crypto.com without repercussions.
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2 weeks ago | 
altcoinbuzz.io | Lawrence Mike Woriji
Binance’s legal dispute with FTX has taken a new turn, with Binance filing a motion to dismiss the $1.76 billion lawsuit filed by the FTX bankruptcy estate. Binance believes the lawsuit is baseless and appears to be a blame-shifting attempt. Both parties have been at loggerheads since FTX’s decline. In a filing submitted to the Delaware Bankruptcy Court on May 16, Binance argued that FTX’s failure had nothing to do with Binance or any alleged wrongdoing.
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2 weeks ago | 
altcoinbuzz.io | Lawrence Mike Woriji
Hester Pierce, the head of the SEC Crypto Task Force, has shared her thoughts that most NFTs do not classify as securities. Pierce made the comment while speaking at the commission’s recent event in Washington, tagged “SEC Speaks.”Pierce’s new comments are a huge contrast to the views held by former SEC Chair Gary Gensler. Popularly called “Crypto Mom,” Peirce remarked that cryptocurrencies and NFTs that do not reflect interest in a business should not be classified as securities.
