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Brazil Proposes National Bitcoin Reserve

Brazil Proposes National Bitcoin Reserve

The Economic Development Committee in Brazil is reviewing Bill PL 4501/2023, which proposes the creation of a national Bitcoin reserve. The initiative, submitted by Federal Deputy Eros Biondini, allows for up to 5% of the country’s foreign exchange reserves to be allocated to Bitcoin. The bill’s rapporteur,

Binance Resumes Crypto Services in Syria After US Sanctions Eased

Binance Resumes Crypto Services in Syria After US Sanctions Eased

Binance has announced the full reopening of its cryptocurrency services for residents of Syria, following the issuance of General License 25 by the U.S. Office of Foreign Assets Control (OFAC), which eases the sanctions previously imposed on the country. The decision, made public on May 23, 2025, grants Syrian

Societe Generale Enters Stablecoin Market with Dollar-Pegged Token

Societe Generale Enters Stablecoin Market with Dollar-Pegged Token

French bank Societe Generale has announced the launch of a US dollar-pegged stablecoin called USD CoinVertible (USDCV) through its digital assets subsidiary, Societe Generale-Forge (SG-Forge). According to the June 10, 2025 announcement, the digital asset will be issued on the public Ethereum and Solana blockchains. BNY Mellon will act as

Ukraine's central bank may add Bitcoin to official reserves

Ukraine's central bank may add Bitcoin to official reserves

Ukraine takes a significant step toward integrating cryptocurrencies into its official financial system by proposing a bill that allows the National Bank to include digital assets, such as Bitcoin, in the state reserves. Submitted on June 10, 2025, the bill amends the legal framework to authorize the use of cryptocurrencies

Connecticut Bans State Cryptocurrency Investments

Connecticut Bans State Cryptocurrency Investments

Connecticut passed HB7082 on June 11, 2025, prohibiting the state from investing in cryptocurrencies and introducing new rules for money transfer institutions. The bill, passed unanimously, blocks any use of public funds for the purchase or holding of digital assets such as Bitcoin or Ethereum. The legislation stipulates that no

Nasdaq Files for SEC Approval to List 21Shares SUI ETF

Nasdaq Files for SEC Approval to List 21Shares SUI ETF

On June 11, 2025, Nasdaq filed an official application with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares SUI ETF, according to documents published in the SEC's public register. The filing includes the 19b-4 form and follows a previous S-1 registration submitted by 21Shares

Bank of Korea to Discuss Won-Pegged Stablecoin on June 23

Bank of Korea to Discuss Won-Pegged Stablecoin on June 23

The Bank of Korea is set to discuss the potential introduction of a stablecoin pegged to the South Korean won during a meeting scheduled for June 23. The session will be led by central bank Governor Lee Chang-yong and held at the Bank Hall in Seoul’s Jung-gu district. Vice