Hong Kong is preparing to implement its long-anticipated stablecoin licensing framework on August 1, 2025, as part of its broader push to become a global hub for regulated digital finance. However, according to local financial authorities, only a small number of licenses are expected to be approved this year, likely staying in the single digits. Limited Stablecoin Licenses Expected in Initial Phase In a recent interview with Christopher Hui, Secretary for Financial Services and the Treasury, it was revealed that stablecoin licenses may be issued before the end of 2025, but the rollout will be selective and cautious. This controlled…
Author: Blockto Team
The Blockchain Group (ALTBG), a leading European Bitcoin treasury company, has added 116 BTC to its reserves, bringing its total Bitcoin holdings to 1,904 BTC, according to its latest disclosure. The move signals continued strategic expansion through capital operations and positions the firm as one of Europe’s most aggressive institutional Bitcoin investors. $12.5 Million in New Bitcoin Acquired in Early July The company’s most recent purchase, valued at approximately €10.7 million ($12.51 million), comes as part of a capital strategy that included an ATM-style equity raise and a convertible bond issuance, both completed in early July 2025. This round follows…
Agent Virtual Machine (AVM) witnessed a notable price movement over the last 24 hours, reflecting renewed interest from traders and investors alike. With heightened activity in the micro-cap altcoin segment, AVM has attracted short-term momentum amid broader market consolidation. TA OF $AVM BY BITX AVM Price Climbs on Intraday Buying Interest In the past 24 hours, AVM’s price ranged between a low of $0.2269 and a high of $0.2554, ultimately settling near $0.2468 by the end of the trading period. This represents a moderate gain of approximately 6.6%, suggesting a short-term bullish trend. The asset’s movement was supported by increased…
Metaplanet, a Japan-based publicly traded firm, has significantly expanded its Bitcoin holdings, acquiring 2,205 BTC in its latest purchase. The company’s total Bitcoin treasury now stands at 15,555 BTC, reinforcing its position as one of Asia’s largest corporate Bitcoin holders. $213 Million Bitcoin Acquisition at ¥15.64M Per BTC In a regulatory filing issued on July 7, 2025, Metaplanet disclosed that it had purchased the additional 2,205 BTC at an average price of ¥15.64 million per bitcoin. The total investment for this round equaled approximately ¥34.49 billion, or $213 million at current exchange rates. This latest acquisition raises the company’s total…
As digital asset adoption continues to grow, the U.S. Secret Service has quietly evolved into a major force in combating cryptocurrency crime. While best known for protecting U.S. presidents, the agency has increasingly focused on financial crimes involving digital assets, becoming one of the world’s most active law enforcement bodies in crypto investigations. Nearly $400 Million in Crypto Seized Over the Past Decade Through its Global Investigative Operations Center (GIOC), the Secret Service has seized nearly $400 million in digital assets since launching its crypto enforcement efforts. Much of this crypto is stored in a cold wallet now ranked among…
XRP, the native token of Ripple Labs, surged past a key resistance zone at $2.28, riding high on bullish sentiment fueled by Ripple’s application for a U.S. national bank charter. This development has injected fresh momentum into the market, with trading volume and price both spiking sharply. Ripple Seeks National Bank Charter in the U.S. On July 2, Ripple Labs officially submitted an application for a national bank charter with the U.S. Office of the Comptroller of the Currency (OCC). If approved, Ripple would gain status as a federally regulated trust bank, opening doors to services like stablecoin issuance, custody,…
The United Arab Emirates (UAE) has officially denied claims that individuals can obtain its prestigious Golden Visa by staking Toncoin, a cryptocurrency native to the Telegram Open Network (TON) ecosystem. Official Denial from UAE Authorities On Monday, July 7, 2025, three key government bodies—the Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority (SCA), and Dubai’s Virtual Assets Regulatory Authority (VARA)—issued a joint statement refuting the news. The agencies clarified that no such investment pathway exists through Toncoin or any digital currency. VARA explicitly emphasized that Toncoin is not licensed or regulated in Dubai, further…
In a move to bring greater oversight to its growing cryptocurrency mining industry, the Russian government has launched a national registry of crypto mining equipment. The initiative aims to reduce illegal electricity consumption and ensure tax compliance among miners operating in the country. National Registry to Monitor Mining Rigs According to official sources, the Ministry of Energy, along with the Federal Tax Service and the Ministry of Digital Development, has compiled a centralized registry of mining hardware. This registry has been distributed to regions with high levels of crypto mining activity. Deputy Energy Minister Petr Konyushenko stated that the registry…
The UK Financial Conduct Authority (FCA) has confirmed the sentencing of two individuals for orchestrating a large-scale crypto investment scam, which defrauded dozens of victims through deceptive cold-calling tactics. Over $2 Million Lost in Cold-Calling Crypto Fraud Between February 2017 and June 2019, Raymondip Bedi and Patrick Mavanga participated in a fraudulent scheme targeting retail investors across the UK. Using cold calls, the duo directed unsuspecting individuals to professional-looking fake websites, promising high returns on cryptocurrency investments that never existed. The scam successfully defrauded at least 65 investors, resulting in financial losses totaling £1.54 million (approximately $2.1 million). Prison Sentences…
Jack Dorsey, co-founder of Twitter and CEO of Block, has officially launched a beta version of Bitchat, a fully decentralized messaging application that functions without internet connectivity. The app utilizes Bluetooth Low Energy (BLE) mesh networks, enabling peer-to-peer encrypted communication in environments where traditional internet infrastructure is absent or restricted. What Is Bitchat? Bitchat is a decentralized messaging app built for privacy, security, and offline functionality. The platform operates using Bluetooth mesh networking, allowing each device to serve as both a transmitter and receiver. This means that messages can hop across multiple devices to reach their destination, even if the…