Business

April, 2025

  • 10 April

    Thailand Cracks Down: New Rules Target Foreign Crypto Platforms

    Thailand is stepping up its fight against crypto-related crime with a bold move to regulate foreign peer-to-peer (P2P) trading platforms, signaling a new phase in the country’s digital asset oversight. The Thai Securities and Exchange Commission (SEC) announced this week that it will implement new regulations targeting offshore crypto platforms operating without proper authorization. The rules will specifically focus on …

  • 10 April

    China Strikes Back: 84% Tariffs on U.S. Goods Sink Bitcoin to $76K

    The U.S.-China trade war just escalated in dramatic fashion. In a retaliatory move against newly imposed American tariffs, Beijing announced an 84% blanket tariff on a wide range of U.S. goods—sending shockwaves through global markets and triggering a sharp drop in Bitcoin prices. The Chinese Ministry of Finance issued a statement condemning the United States’ “unilateral and provocative” tariff hike …

  • 10 April

    Volume Vanishes: Bitcoin & Altcoin Trading Slows Amid Market Jitters

    Spot trading activity across major cryptocurrencies has seen a noticeable drop, as traders retreat to the sidelines amid heightened market volatility and macroeconomic uncertainty, according to data from CryptoQuant. The on-chain analytics firm reports that both Bitcoin and altcoin spot volumes have hit multi-week lows, signaling a sharp cool-down in trading enthusiasm. The slowdown comes after a rollercoaster week of …

  • 10 April

    Ethereum Milestone: Options Trading on ETH ETFs Gets SEC Nod

    In a significant step forward for Ethereum’s integration into mainstream finance, the U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on spot Ethereum exchange-traded funds (ETFs). The move comes just weeks after Ethereum ETFs began trading on major U.S. exchanges, and now traders will have access to more sophisticated tools for hedging, speculation, and …

  • 10 April

    Mining or Misleading? Korean Cops Uncover Gambling Den in Crypto Disguise

    In a high-stakes sting operation, South Korean police have raided what appeared to be a legitimate cryptocurrency mining facility—only to uncover an elaborate illegal gambling den operating behind the scenes. Authorities in Incheon reported that the site, which was publicly registered as a crypto mining center, was in fact hosting dozens of unlicensed gambling machines and high-stakes underground games. The …

  • 10 April

    European Blockchain Boost: France and Italy Submit DLT Roadmap to Commission

    France and Italy are making a joint push to accelerate blockchain adoption across the European Union, submitting a comprehensive set of recommendations on Distributed Ledger Technology (DLT) to the European Commission. The proposal, developed by financial and digital market regulators from both countries, outlines a strategic roadmap for enhancing Europe’s DLT ecosystem. The recommendations aim to foster innovation, ensure regulatory …

  • 9 April

    Dubai Goes Digital: Real Estate Registry Meets Tokenization

    In a groundbreaking move that bridges traditional real estate and blockchain technology, Dubai government agencies are collaborating to connect the city’s real estate registry with property tokenization platforms—marking a major step forward in the emirate’s smart city ambitions. The initiative is led by the Dubai Land Department (DLD) in coordination with key local regulatory and technology entities. It aims to …

  • 9 April

    Crypto Controversy: Argentina Lawmakers Greenlight Libra Scandal Inquiry

    Argentina’s Congress has officially approved an inquiry into several government officials allegedly linked to a growing scandal involving the controversial Libra token project, reigniting debates over transparency, digital assets, and political accountability. The parliamentary commission was greenlit following mounting public pressure and media reports suggesting that certain high-ranking officials may have had undisclosed financial interests or policy involvement in the …

  • 9 April

    Mining Under the Microscope: Russia Rolls Out Tax Tool for Crypto Miners

    Russia is stepping up its oversight of the crypto mining industry with the release of a new government-backed tax calculator aimed at helping miners report profits and comply with national tax obligations. Unveiled by Moscow’s Federal Tax Service, the tool allows individuals and businesses involved in digital asset mining to estimate their taxable income based on mining output, energy consumption, …

  • 9 April

    ETF Exodus: Bitcoin Funds See $326M Pulled in Ongoing Retreat

    Bitcoin spot exchange-traded funds (ETFs) are facing sustained pressure as investors withdrew a combined $326 million over the past four trading sessions—marking the fourth straight day of net outflows. The downturn reflects a broader cooling in sentiment across crypto markets, as macroeconomic uncertainty, geopolitical tensions, and a recent price slump weigh on risk appetite. The outflows are largely concentrated in …