Two US senators have questioned Meta over possible stablecoin plans, asking for clear answers on its intentions. They raised concerns about privacy, competition, and Meta’s past failed attempt with Libra.
AnaisBinance has reopened its crypto services to users in Syria after the US lifted sanctions in May 2025. Syrians can now trade, send money, and access crypto tools using their local currency.
WeatherlyBinance now offers full access to Syrian users after the US lifted sanctions, removing Syria from its Prohibited Countries list. Syrians can trade over 300 tokens, joining 270 million users globally—a major shift for a region long cut off from global finance. Could this be a breakthrough for financial inclusion?
CatherineBetween 13 to 30 May, 49 people in Singapore were arrested for allegedly helping launder scam proceeds by sharing personal data and account credentials. Authorities warn such crimes carry heavy fines and jail time.
KikyoShopify has teamed up with Coinbase and Stripe to let merchants in 34 countries accept USDC payments through its platform. The system uses Coinbase’s Base network and allows payouts in either USDC or local currency, with no cross-border fees.
WeatherlyHong Kong Customs and Excise Department has partnered with the University of Hong Kong to develop a crypto tracking tool amidst rising money laundering cases involving digital assets, aiming to strengthen detection and investigation of illicit transactions.
CatherineRipple and the SEC have jointly asked a US court to lift a ban on XRP sales to institutions and cut Ripple’s fine from $125 million to $50 million. They hope this will end the long-running legal case before a key 16 June deadline.
AnaisThe US Senate will hold a final vote on the GENIUS Act on 17 June, aiming to regulate stablecoins. While the bill has bipartisan support, critics argue it lacks strong consumer protections and raises concerns over Trump-related conflicts. If passed, it moves to the House for further review.
KikyoTencent is in talks to buy Nexon's parent company for around $15 billion as it looks to grow in Web3 gaming. The deal would give Tencent control of blockchain-based games like MapleStory N, though it's unclear if Nexon could keep its independence.
AnaisA Chinese man was arrested at Don Mueang Airport while trying to flee to Singapore after being accused of stealing over $6 million in Bitcoin from two investors. Thai police had been tracking him since April and stopped him just before he boarded the flight.
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