- Number of crypto millionaires rises 40% in a year
According to recent research, the number of crypto holders with wealth exceeding $1 million has grown by 40% over the past 12 months, reflecting market growth and increasing institutional investment. - Tether seeks to raise $20B
Media reports say Tether is in talks with investors to raise $20 billion, aiming for a $500 billion valuation and further consolidating its dominance in the stablecoin market. - Nine European banks join forces for euro stablecoin
Major EU banks have agreed to jointly develop and launch a euro-backed stablecoin, designed to provide an alternative to dollar-denominated assets in international settlements. - Philippines to implement blockchain for government spending control
The government announced plans to introduce a blockchain-based monitoring system for public expenditures to increase transparency and fight corruption. - SEC and FINRA launch probe into data companies
According to media reports, US regulators SEC and FINRA have initiated investigations into data-processing firms in the crypto space over allegations of manipulation and reporting violations. - Kraken valued at $15B
Investors have completed a new valuation round for crypto exchange Kraken, setting its worth at $15 billion, strengthening its position as one of the global market leaders. - China pushes global use of digital yuan
Chinese authorities are accelerating the international adoption of the digital yuan, expanding its use in cross-border payments and trade.