The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12, is part of Dubai’s cashless strategy, which hopes to foster the city’s transition to “a fully digital, cashless society,” by introducing “a new digital payment
Bitcoin and crypto have exploded back this month as U.S. president Donald Trump teases of a “truly earth-shattering” announcement. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can “uncover blockchain blockbusters poised for 1,000% plus gains!” The bitcoin price has rocketed to over
Coinbase Global Inc. (NASDAQ: COIN) is officially joining the S&P 500 starting May 19. It will replace Discover Financial Services (NYSE: DFS), which is being acquired by Capital One Financial (NYSE: COF), an existing member of the index. This is a big move for Coinbase and an even bigger signal for Bitcoin. For a crypto
Three teenagers are being accused of kidnapping a wealthy investor and then stealing $4 million in digital assets after driving him to a desert outside of Las Vegas. Court records show that Belal Ashraf and Austin Fletcher, both 16, are now facing charges of robbery, kidnapping and extortion, while a third yet-named accomplice remains at
Join Our Telegram channel to stay up to date on breaking news coverage Japanese investment firm Metaplanet aggressively purchased 1,241 Bitcoin, demonstrating strong institutional confidence amid new crypto listings. The company’s holdings now exceed 6,796 BTC, surpassing El Salvador’s national Bitcoin reserves. Despite recent price volatility, market optimism continues, encouraging innovative cryptocurrency projects and tokenised
Key Takeaways XRP’s price surged by 10% to $2.6, overtaking USDT as the third-largest crypto asset. Ripple is expanding its institutional presence through acquisitions and strategic partnerships. Share this article XRP has surged 10% over the past 24 hours to reach $2.6, lifting its market capitalization to approximately $152 billion and reclaiming its position as
Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. American Bitcoin, the US cryptocurrency miner backed by Eric and Donald Trump Jr, will list its new venture on Nasdaq, aiming to tap into investors’ enthusiasm for equity vehicles that stockpile cryptocurrencies. The company, formed at
The crypto industry has been desperate for U.S. regulation as the last major piece in its global maturity puzzle, but sector veteran and compliance expert TuongVy Le, a former Securities and Exchange Commission lawyer, argues that what Congress and the regulators are working on isn’t just for today’s digital assets space but for the core
On May 7, 2025, the Office of the Comptroller of the Currency (“OCC”) issued a follow up to its July 2020 Interpretative Letter 1170, which allowed national banks to provide cryptocurrency custody services to their customers.[1] The May 7 letter (Interpretive Letter 1184)[2] further clarified that banks can buy and sell cryptocurrency at the custody
The global cryptocurrency market capitalization consolidates near $3.5 trillion on Monday as investors brace for a positive start to the US trading week. Bitcoin price hits $105,800, claiming the $2 trillion valuation milestone, after US and China confirmed a temporary trade agreement to lower tariffs. Shiba Inu, Pi Network and Dogecoin emerge as top gainers