Eric Nkando
Reporting for The Distributed.
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Strategy Faces Class-Action Lawsuit As It Adds 73,390 More BTC
Strategy, formerly MicroStrategy, announced on May 19, 2025, that it had acquired 7,390 Bitcoin for $764.9 million. The purchases were made at…
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BitGo To Offer Crypto Services In EU After German’s MiCA Approval
Goldman Sachs-backed cryptocurrency custody firm BitGo announced that it had secured a Markets in Crypto-Assets (MiCA) license from Germany’s regulator, BaFin. The…
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VanEck Pushes For BNB-Backed ETF In SEC Filing
Investment management firm, VanEck, has filed with the U.S SEC to launch an Exchange-Traded Fund (ETF) that monitors BNB, a filing revealed.…
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Crypto Giants Coinbase, Circle, BitGo Eyeing U.S. Bank Charters
Crypto giants, Circle, Coinbase, and BitGo, are looking to apply for a banking license in the United States, according to reports. This…
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Coinbase To Introduce A High-Yield Bitcoin Fund For Institutional Investors
Coinbase announced on April 28, 2025, that the company would launch the Coinbase Bitcoin Yield Fund (CBYF) on May 1, 2025. This…
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Tether Plans To Launch A US-Backed Stablecoin, Talks Ongoing
Tether’s Chief Executive Officer, Paolo Ardonio, revealed that the company is considering launching a new token tailored for the US market. According…
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Visa Teams Up With Paxos And Robinhood In Stablecoin Venture: Reports
Visa is said to be joining the Global Dollar Network (USDG), a stablecoin consortium led by Paxos. This decision would place Visa…
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Brazil Bans Pension Funds From Cryptocurrency Investments
Brazil’s National Monetary Council (CMN) announced that it forbids closed pension funds from investing in cryptocurrencies like Bitcoin. These are funds that…
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Thailand SEC Greenlights USDT And USDC For Crypto Investments
Tether announced that on March 10, 2025, Thailand’s Securities and Exchange Commission (SEC) certified Tether (USDT) as a recognized cryptocurrency. The regulator…
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Argentina Unveils New Crypto Regulations
Argentina’s National Securities Commission (CNV) has introduced new guidelines for Virtual Asset Service Providers (VASPs). The rules are meant to set standards…