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Trump nominates Selig as CFTC Chairman, cryptocurrency regulation becomes focal point

Trump nominates Selig as CFTC Chairman, cryptocurrency regulation becomes focal point

U.S. President Trump nominated Michael Selig to chair the Commodity Futures Trading Commission (CFTC), replacing Brian Quintenz, whose nomination was withdrawn earlier. Selig, currently the Chief Legal Advisor for the SEC's Cryptocurrency Task Force, specializes in digital asset regulation and has p

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The CFTC paves a new way for offshore cryptocurrency exchanges to re-enter the U.S. market, with Binance potentially becoming the biggest beneficiary.

The CFTC paves a new way for offshore cryptocurrency exchanges to re-enter the U.S. market, with Binance potentially becoming the biggest beneficiary.

The U.S. Commodity Futures Trading Commission (CFTC) recently announced that some offshore cryptocurrency exchanges can re-enter the U.S. market under its Foreign Board of Trade (FBOT) framework, clearing the way for platforms including Binance and ByBit to serve U.S. investors again.CFTC Acting Cha

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Beijing's rising gaming star Boyaa Interactive: 1.5 billion coin hoarding strategy, stock price surges by 90%

Beijing's rising gaming star Boyaa Interactive: 1.5 billion coin hoarding strategy, stock price surges by 90%

In mid-August, Boyaa Interactive disclosed that it held 3,416 bitcoins, with an average cost of about $59,300 per coin, ranking first in terms of holding scale among Hong Kong-listed companies.As the price of bitcoin soared, reaching $122,300 per coin on August 12, the market value of Boyaa Interact

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Real gold and silver for clicks! The new Nigerian mobile game Rise & Hustle sparks a "play and earn" trend.

Real gold and silver for clicks! The new Nigerian mobile game Rise & Hustle sparks a "play and earn" trend.

Nigeria's mobile gaming market welcomes a transformative product. The new game "Rise & Hustle" features a "free-to-play, real rewards" model, tailored specifically for the local "mobile-first" population, supports entry-level smartphones, consumes very low data, and completely eliminates in-app paym

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Trump plans to sign an executive order to promote investment in cryptocurrencies and alternative assets through 401(k) plans.

Trump plans to sign an executive order to promote investment in cryptocurrencies and alternative assets through 401(k) plans.

Bloomberg reports that former U.S. President Donald Trump plans to sign an executive order allowing 401(k) retirement plans to invest in alternative assets such as cryptocurrencies, real estate, and private equity. The order will direct the Department of Labor to revise guidance related to the Emplo

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CryptoPunks NFT sales surge over $33 million, signs of NFT market recovery?

CryptoPunks NFT sales surge over $33 million, signs of NFT market recovery?

The renowned NFT series CryptoPunks has recently continued to strengthen, with total sales last week surpassing $33.8 million, setting a new record for weekly transactions since July and indicating a significant revival in NFT market activity. As an early iconic NFT project on Ethereum, CryptoPunks

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PNC Bank integrates with Coinbase: 90,000 customers can now trade cryptocurrencies directly from their bank accounts, as traditional finance embraces digital assets.

PNC Bank integrates with Coinbase: 90,000 customers can now trade cryptocurrencies directly from their bank accounts, as traditional finance embraces digital assets.

As cryptocurrencies increasingly enter the mainstream, the seventh largest bank in the United States, PNC Bank, announced a partnership with the trading platform Coinbase, allowing over 90,000 retail and institutional clients to buy and sell digital assets directly through their bank accounts, witho

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Ant Group and JD.com Pressure the People's Bank of China: Advocating for a Stable Yuan Coin, Targeting the Dominance of the US Dollar

Ant Group and JD.com Pressure the People's Bank of China: Advocating for a Stable Yuan Coin, Targeting the Dominance of the US Dollar

Ant Group and JD.com are jointly pushing for the People's Bank of China's approval to launch a yuan-pegged stablecoin in Hong Kong, aiming to break the current dominance of dollar-backed stablecoins in the international market.According to a Reuters report on July 3, sources revealed that these two

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Blockchain Revolution on the Horizon: Southeast Asia Accelerates Blockchain Adoption to Pave the Way for iGaming

Blockchain Revolution on the Horizon: Southeast Asia Accelerates Blockchain Adoption to Pave the Way for iGaming

At a high-profile roundtable during the 2025 Philippine Blockchain Week, leaders from Indonesia, the Philippines, and the blockchain industry sent a clear signal: Southeast Asia is moving from a "testing ground" for blockchain to the "core of infrastructure." This represents a new explosive turning

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After being removed from the "grey list," the Philippines calls for stronger regulation of digital assets and online gambling.

After being removed from the "grey list," the Philippines calls for stronger regulation of digital assets and online gambling.

The Philippines has recently been removed from the EU's "high-risk money laundering countries" list, but there has been a renewed call for stringent regulation of cryptocurrencies and online gambling to prevent money laundering and cross-border financial crimes. Global rating agency Moody's and the

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Revealing the "TG Wallet": Telegram Launches a Major Cryptocurrency Payment Tool

Revealing the "TG Wallet": Telegram Launches a Major Cryptocurrency Payment Tool

In recent years, Telegram has become more than just a chat tool, actively exploring new paths for the integration of social platforms and finance. The official launch of the Wallet (TG Wallet) has become an important part of cryptocurrency payments and receipts. Let's take a closer look at the featu

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Thai banks may soon hold cryptocurrencies directly! SCB executives reveal that regulatory sandbox is testing new rules for crypto assets.

Thai banks may soon hold cryptocurrencies directly! SCB executives reveal that regulatory sandbox is testing new rules for crypto assets.

The Thai banking industry is about to experience a significant breakthrough in the cryptocurrency field. Kaweewut Temphuwapat, the new CEO of SCB10X, a venture capital arm of Siam Commercial Bank (SCB), recently stated that under the support of the regulatory sandbox mechanism, Thai commercial banks

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Regulatory Squeeze and the Surge: Cryptocurrency Gambling Platforms' Revenue Skyrockets to $81.4 Billion in 2024

Regulatory Squeeze and the Surge: Cryptocurrency Gambling Platforms' Revenue Skyrockets to $81.4 Billion in 2024

In the context of an incomplete global regulatory framework, the total profits of cryptocurrency gambling platforms soared to 81.4 billion US dollars in 2024, five times that of the previous year.Despite strict restrictions or even outright bans by major countries or regions such as the USA, China,

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Discussing Blockchain Games: Entering a Unique Web3 World

Discussing Blockchain Games: Entering a Unique Web3 World

Blockchain games, simply put, combine blockchain technology with the games we usually play.In the past, playing games was just that, a string of data that could only be used in that game. If the game was discontinued, then everything was gone.But blockchain games are different! They utilize the dece

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Phuket targets global casino and Bitcoin investment opportunities, preparing for a "Bitcoin Sandbox" pilot.

Phuket targets global casino and Bitcoin investment opportunities, preparing for a "Bitcoin Sandbox" pilot.

Phuket has always been one of Thailand's most promising tourist hubs, boasting rich natural resources and a unique geographical location.In recent years, the Thai government has increased its investment in Phuket, aiming to transform it into a new engine to stimulate the Thai economy. Among many pla

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Zhao Changpeng's astonishing statement: The UAE already holds 40 billion US dollars in Bitcoin!

Zhao Changpeng's astonishing statement: The UAE already holds 40 billion US dollars in Bitcoin!

Changpeng Zhao (CZ), the former richest Chinese and founder of Binance, retweeted a message about "UAE holding a $40 billion Bitcoin national reserve," sparking skepticism in the crypto community about its authenticity, as the source cited is not a major media outlet and well-known crypto platforms

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