Crypto
Bitcoin, Ether Target Late Shorts Amid Crypto Price Rebound
Key points: Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins. Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group. Crypto traders could be de-risking ahead of the US Federal Reserve’s Jackson Hole symposium. Bitcoin (BTC) returned to $116,000 after Monday’s […]
Dutch Crypto Firm seeks Bitcoin Treasury launch on Amsterdam’s Euronext
Dutch cryptocurrency service provider Amdax is preparing to launch a Bitcoin treasury firm on Amsterdam’s Euronext stock exchange, as more European companies follow US counterparts in adopting Bitcoin strategies. Amdax said Monday it is creating AMBTS B.V., a privately held company with independent governance that will operate as a stand-alone firm. AMBTS aims to become […]
Thailand Plans Crypto to Baht Payment Sandbox for Tourists
Thailand is reportedly planning a nationwide regulatory sandbox allowing foreign visitors to convert crypto into local currency for electronic payments in a bid to boost tourism. Known as TouristDigiPay, the scheme is expected to go live on Monday and allow users to exchange cryptocurrencies for Thai baht and make electronic payments through e-money service providers, […]
Current Banking Reserve Requirements Holding Crypto Industry Back
Capital requirements for banks from by the Basel Committee on Banking Supervision (BCBS), which crafts banking standards, create a “chokepoint,” designed to throttle the growth of the crypto industry, according to Chris Perkins, president of investment firm CoinFund. The current capital rules lower a bank’s return on equity (ROE), a critical profitability metric in banking, […]
Crypto Set to Become UAE’s Number 2 Industry: Chase Ergen
The crypto sector in the United Arab Emirates (UAE) is on track to become its second-largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chase Ergen, a board member of publicly traded digital asset investment firm DeFi Technologies. “They have a reputation for leadership, legislation, […]
Blockchain Security Must Localize To Stop Asia’s Crypto Crime Wave
Opinion by: Slava Demchuk, co-founder and CEO of AMLBot Asia’s cryptoverse has lost more than 1.5 billion in the first half of 2025 — more than during 2024, including Bybit and pig butchering scams in Southeast Asia. Most engines are built around typologies of Western money laundering. They miss custom laundering channels tailored to each […]
SharpLink Shares Drop 12.6% on Q2 Crypto Impairment Loss
SharpLink Gaming, an online gaming company with the second-largest corporate Ether treasury, announced a net loss of $103 million for the second quarter of 2025, driven by a paper loss from accounting for liquid staked Ether (LsETH). The loss marks a steep drop from a $500,000 loss in the same period of 2024 — a […]
How to Pay for Flights with Crypto in the UAE: A Complete Step-by-Step Guide
Key takeaways Airlines and travel agencies, including Emirates, Air Arabia, Travala and Alternative Airlines, now support cryptocurrency payments for bookings, targeting tech-savvy travelers and digital nomads. Travelers can pay with Bitcoin, Ether, stablecoins and other digital assets via checkout or gift cards, depending on the platform. The UAE’s initiatives, such as Dubai’s Virtual Assets Regulatory […]
Vietnam’s MB Bank and UpBit’s parent Build Crypto Exchange
Vietnamese state-controlled bank Military Bank (MB) plans to launch a regulated crypto exchange in partnership with Dunamu, the parent company of South Korean crypto exchange Upbit. According to a Wednesday announcement from Dunamu, the company has signed a memorandum of understanding with Military Bank. In a Facebook post, Military Bank said Dunamu will support it […]
Spar Supermarket launches Crypto Payments in 300 stores in Switzerland
Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the retail sector. The grocery chain is partnering with Binance Pay and Swiss fintech firm DFX.swiss to allow customers to pay with more than […]