Kazakhstan President Kassym-Jomart Tokayev has announced plans for “CryptoCity,” a hub to legalise crypto payments for goods, services, and real estate. The city will act as a regulatory sandbox for digital assets, integrating crypto transactions, digital IDs, and blockchain-based tax systems—advancing Kazakhstan’s digital economy vision.
CatherineThe SEC dropped its lawsuit against Binance after nearly three years of legal action over alleged securities violations. The case was closed as the new SEC leadership began easing its stance on crypto regulation.
WeatherlyTwo Russian crypto entrepreneurs were kidnapped in Buenos Aires and held for a $43,000 crypto ransom. They were assaulted and released within 24 hours after a friend paid. Interpol has issued a red notice for the suspects, who fled to the UAE.
KikyoParis Saint-Germain became the first major sports club to hold Bitcoin in its treasury, converting part of its cash reserves in 2024. The announcement boosted the PSG Fan Token price and reflects the club’s focus on digital finance for its young global audience.
AnaisTether announced a $2 billion investment to become the world’s largest Bitcoin miner and now holds over 100,000 BTC, 50 tons of gold, and $120 billion in U.S. Treasuries. It also reported $13 billion in 2024 profits and continues expanding USDT use for payments and financial access worldwide.
WeatherlyThailand’s SEC is banning five major crypto exchanges on June 28, 2025, because they operated without proper local licenses. The ban aims to protect investors and prevent these platforms from being used for money laundering and illegal activities.
WeatherlyThe SEC said common crypto staking practices on proof-of-stake blockchains are not considered securities transactions. This new guidance gives more clarity to stakers and companies, though it is not legally binding and doesn't cover all types of staking.
AnaisSilk Road founder Ross Ulbricht has resurfaced as a polarising crypto figure, raising $1.8 million in Bitcoin by auctioning prison memorabilia. Days later, he received a surprise 300 BTC donation worth $31 million—reigniting debate over whether this support reflects alignment with his ideals or raises ethical concerns in today’s crypto culture.
CatherineElon Musk’s XChat app offers encrypted chats, vanishing messages, and cross-platform calls without a phone number. Built in Rust with Bitcoin-grade encryption, it prioritises privacy—but experts warn quantum computing could soon undermine its security.
KikyoWorld Vision Korea became the first organisation in South Korea to legally sell cryptocurrency after new rules took effect on 1 June. The NGO sold Ethereum donated by users on Upbit, marking the start of legal crypto trading for nonprofits and other approved groups.
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