FIFA is turning to Avalanche for a purpose-built blockchain to power digital collectibles and future web3 products. The world’s football governing body FIFA is creating its own blockchain on Avalanche, named the FIFA Blockchain, as the latest move in its web3 strategy focused on digital collectibles and fan engagement, starting with hosting its digital collectibles…
Kazakhstan’s National Bank will begin licensing crypto exchange services that allow the conversion of crypto to fiat, establishing their legal status under new national rules. Kazakhstan plans to bring crypto exchange operators under formal regulation, with the National Bank tasked with licensing those converting digital assets into fiat. Yerlan Ashykbekov, head of the National Bank’s…
HUMA, the native token of RWA-focused PayFi network Huma Finance, is set to make its official exclusive debut on Binance Alpha on May 26. In a May 26 announcement, Binance confirmed that HUMA will be listed on Binance Alpha, the exchange’s early-access section that showcases trending and promising Web3 projects. The listing will mark the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The crypto and web3 sectors are notorious for their volatility — a byproduct of the industry’s young age and lack of regulatory oversight. Unlike traditional markets, many of these digital assets are…
A growing number of Singaporeans exited the crypto market in 2024, with ownership falling 11% and 50% of holders selling their assets. Many crypto investors in Singapore are locking in gains and rebalancing their portfolios instead of jumping into the recent market rally, according to the 2025 Independent Reserve Cryptocurrency Index. The survey found that…
Pakistani lawmakers have endorsed the creation of a regulatory body to oversee the country’s blockchain-based financial infrastructure and digital asset ecosystem. Dubbed the Pakistan Digital Assets Authority (PDAA), the Ministry of Finance has approved its formation to supervise licensing, compliance, and innovation across the digital asset sector, according to a May 21 report from state-owned…
Major crypto exchange OKX will be launching wrapped Bitcoin asset, xBTC, as well as related yield products. BTC recently broke through a new all-time high, surpassing $111,000. According to the official announcement, xBTC is a wrapped token that is pegged on a 1 to 1 ratio with the largest cryptocurrency by market cap. Users can…
Bitcoin is on the verge of confirming a powerful golden cross pattern, which could set the stage for a breakout rally toward the $150,000 mark. Bitcoin (BTC) surged to a new all-time high of $111,544 on Thursday, May 22, afternoon Asian time, breaking past its previous record of $109,400 from just the day before. This…
Minnesota Representative Tom Emmer has reintroduced the Blockchain Regulatory Certainty Act in Congress, with renewed bipartisan backing and industry support. The Blockchain Regulatory Certainty Act seeks to clarify that developers and service providers who do not custody consumer funds, such as miners, validators, and wallet providers, should not be classified as money transmitters. By doing…
The White House’s push for stablecoin regulation could trigger trillions of dollars in Treasury demand “practically overnight,” Trump advisor David Sacks says. David Sacks, President Donald Trump’s top advisor on crypto and artificial intelligence, said the administration expects the U.S. Senate to pass the GENIUS Act, a stablecoin regulation bill that he claims could drive…
