California Greenlights Crypto Payments for State Services in Unanimous AB 1180 Vote

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On June 2, the California State Assembly voted unanimously (68-0) to pass AB 1180. The bill allows state agencies to accept cryptocurrency payments under the Digital Financial Assets Law (DFAL). Lawmakers streamlined the… Continue reading California Greenlights Crypto Payments for State Services in Unanimous AB 1180 Vote

Source: Adobestock

Australia Caps Crypto ATM Transactions at A$5,000

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On June 3, Australia’s financial intelligence agency, AUSTRAC, introduced an A$5,000 ($3,250) cash limit for crypto ATM transactions to tackle fraud. The new rule requires stricter identity checks, real-time transaction monitoring, and the… Continue reading Australia Caps Crypto ATM Transactions at A$5,000

Source: Midjourney

World Vision Conducts First Crypto Trade in South Korea After Ban Lift

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On June 1, the Humanitarian aid group World Vision Korea became the first nonprofit to liquidate cryptocurrency under South Korea’s newly revised institutional trading rules. They sold 0.55 ETH on Upbit for roughly… Continue reading World Vision Conducts First Crypto Trade in South Korea After Ban Lift

Source: Midjourney

Bitcoin’s Long-Term Security at Risk as Low Transaction Fees Fail to Replace Diminishing Block Subsidy

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bitcoin’s security model has once again become a major topic of discussion among industry experts, as transaction fees remain too low to adequately replace the diminishing block subsidy. Ethereum Researcher: Bitcoin Security Budget… Continue reading Bitcoin’s Long-Term Security at Risk as Low Transaction Fees Fail to Replace Diminishing Block Subsidy

Source: Midjourney

Philippines Tech Company Sanctioned by US for Alleged Role in Crypto Scams

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 29, the U.S. Treasury sanctioned a Philippine firm, Funnull Technology, and its alleged administrator, Liu Lizhi. U.S. officials stated that the company provides critical computer infrastructure, like servers and hosting services,… Continue reading Philippines Tech Company Sanctioned by US for Alleged Role in Crypto Scams

NYC Mayor Adams Proposes ‘BitBond’ Security, Calls on NYDFS to End BitLicense

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 28, New York City Mayor Eric Adams pitched “BitBond” – a Bitcoin-backed city bond at the Bitcoin 2025 Conference, doubling down on demands to shut down New York’s expensive “BitLicense. He… Continue reading NYC Mayor Adams Proposes ‘BitBond’ Security, Calls on NYDFS to End BitLicense

Source: Midjourey

ASIC Sues Ex-Blockchain Global Executive Over $20 Million in Missing Customer Funds

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 28, Australia’s financial regulator (ASIC) sued Liang Guo, a former director of Blockchain Global, for his role in the ACX Exchange collapse. The lawsuit alleges that he mishandled over $20 million… Continue reading ASIC Sues Ex-Blockchain Global Executive Over $20 Million in Missing Customer Funds