Author: Blockto Team

Thailand is preparing to launch a groundbreaking initiative that will allow foreign tourists to spend cryptocurrency via credit card-linked platforms, as part of a broader push to modernize the country’s financial system and embrace digital assets. The announcement was made by Deputy Prime Minister and Finance Minister Pichai Chunhavajira during an investment seminar in Bangkok on May 26, according to reports from Bangkok Post and The Nation. Crypto Credit Cards for Seamless Tourist Spending Under the proposed plan, tourists will be able to link their crypto wallets to credit cards, enabling purchases in Thailand while merchants receive Thai baht as…

French police have arrested more than 12 individuals—some of them minors—in connection with two crypto-related kidnapping cases in Paris, according to a report by Le Parisien on May 26. The arrests come amid growing concerns over the safety of crypto entrepreneurs and their families in France. Authorities Suspect Organized Criminal Network Behind Kidnappings French investigators believe a criminal organization may be behind a recent surge in kidnapping attempts targeting individuals connected to the crypto sector. According to the report, social media platforms were allegedly used to recruit suspects, raising alarms over how vulnerable public crypto figures have become. Among the…

Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission (CFTC), has officially joined Swiss-based crypto bank Sygnum as a senior policy adviser. Nicknamed “crypto dad” for his regulatory leadership and digital asset advocacy, Giancarlo’s move marks a major development as institutional interest in cryptocurrencies continues to grow. Giancarlo to Guide Sygnum on Global Regulation and Strategy Sygnum disclosed the appointment on May 27, placing Giancarlo on its Advisory Council alongside 11 other seasoned experts. In his role, Giancarlo will provide strategic counsel on regulatory developments and public-private partnerships, helping the bank navigate a complex and rapidly evolving…

In a shocking breach of privacy, Solana co-founder Raj Gokal’s personal identification documents were leaked on the official Instagram account of American hip-hop group Migos, which boasts over 13 million followers. The incident, believed to be the result of a targeted hack, may involve a blackmail attempt demanding 40 Bitcoin (BTC). Compromised Instagram Account Posts Gokal’s ID Documents Late Monday evening, seven images were posted from Migos’ verified Instagram account, revealing unredacted photos of Raj Gokal’s passport and driver’s license, as well as what appears to be similar identification of a woman alleged to be Gokal’s wife. The posts also…

A second suspect tied to the high-profile crypto kidnapping and torture case in New York City is expected to surrender to authorities, according to multiple news reports. The case centers around the shocking alleged abduction of Michael Valentino Teofrasto Carturan, a 28-year-old Italian crypto investor, who claims he was held captive in a SoHo apartment for over two weeks by individuals trying to force him to reveal his crypto seed phrase. Swiss Crypto Investor Linked to Abduction According to ABC7 New York and NBC News, the second man — reportedly a Swiss crypto trader and business partner of lead suspect…

Thailand’s financial sector may soon take a bold leap into the digital asset world, as SCB10X’s new CEO Kaweewut Temphuwapat signals a regulatory push that could allow banks to hold crypto assets on their balance sheets. This development comes amid growing interest in AI, Web3, and institutional crypto investment across Asia. Thai Banks May Soon Hold Crypto in Regulatory Sandbox In a recent interview, SCB10X CEO Temphuwapat revealed that Thai banks could soon participate in digital asset custody, starting with small-scale pilots under the country’s regulatory sandbox framework. “The intention is there,” he said. “They allow us to do [it]…

Paris-based Blockchain Group, a rising player in the crypto investment space, has announced plans to purchase 590 more Bitcoin following the successful completion of a €63.3 million ($72 million) convertible bond issuance. This move continues the company’s aggressive Bitcoin accumulation strategy that has seen its share price soar in recent months. Massive Investment Push to Expand Bitcoin Holdings The company revealed on May 26, 2025, that the bond proceeds will primarily be used to expand its Bitcoin reserves to 1,437 BTC. Based on current market rates — with Bitcoin trading above $109,000 — the raised capital could purchase up to…

Monday, May 26, 2025 – Even as Memorial Day and the UK bank holiday slow traditional markets, the crypto world is buzzing with major developments from top platforms and players. Coinbase Sued Over Stock Drop Linked to Data Breach Alpaca Finance to Sunset All Products After Binance Delisting Lagrange Labs Plans Airdrop for New LA Token Strategy Buys $427M More Bitcoin, Eyes $84B in Future Funding Crypto Investment Products See Record $3.3B Weekly Inflows

Trump Media & Technology Group (TMTG) has forcefully denied a report from the Financial Times claiming the company is planning to raise $3 billion to purchase Bitcoin and other cryptocurrencies. According to the FT article published Monday, the alleged capital raise would be funded through share sales, citing six anonymous sources. The report linked the crypto investment plan to Trump Media’s broader ambitions in the blockchain space. But in a sharp rebuke, TMTG dismissed the story entirely. “Apparently, the Financial Times has dumb writers listening to even dumber sources,” the company said in a statement shared with The Block. Crypto…

The Blockchain Group, a France-based tech consulting firm, has announced the successful completion of convertible bond issuances worth €63.3 million ($72 million) to fund further Bitcoin (BTC) accumulation, signaling a deepening commitment to its Bitcoin treasury strategy. In a statement released Monday, the company said the capital will be used to purchase approximately 590 additional BTC, aiming to raise its total Bitcoin holdings to over 1,400 BTC. Bitcoin Strategy Pays Off The move follows a March purchase of 580 BTC, the firm’s largest single acquisition to date. Since adopting its Bitcoin accumulation strategy, The Blockchain Group’s stock price has more…