Truth Social Files for Dual Bitcoin and Ethereum ETF
Truth Social, the social media platform owned by Donald Trump, has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) offering exposure to both Bitcoin and Ether. The proposal, sponsored by Yorkville America Digital, outlines the creation of a dual
USDC Goes Mainstream on Shopify Through Coinbase and Stripe Partnership
Shopify has launched an extensive USDC cryptocurrency payment integration through partnerships with Coinbase and Stripe, available in 34 countries. The new option enables merchants to accept payments in USDC directly via Shopify Payments and Shop Pay, with fees under $0.01 thanks to the use of Coinbase’s Base blockchain.
SEC Drops Key Crypto Regulations Proposed Under Biden
The U.S. Securities and Exchange Commission (SEC) has withdrawn more than 12 proposed regulations initiated during the Biden administration, including two major rules targeting the crypto industry. Among them were changes to Rule 3b-16, which would have expanded the definition of "exchange" to include DeFi protocols, and
Circle Expands USDC Reach to XRP Ledger Blockchain
The stablecoin USDC, issued by Circle, has been launched on the XRP Ledger (XRPL), according to an announcement by Ripple. This integration allows users to transfer USDC via the XRPL network, using an auto-bridging mechanism that employs XRP as the intermediary currency between decentralized exchanges (DEXs).
Markus Infanger, Senior Vice
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 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
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 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 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
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