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Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy.
According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens.
Santander joins a cohort of major global banks, including...
BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto.
According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat.
Despite that pause, the ETF has received $9.31 billion in net inflows...
Paris Saint-Germain announced on May 29 that the club holds Bitcoin (BTC) on its balance sheet and plans to expand PSG Labs to support companies building on the network.
During the 2025 Bitcoin Conference in Las Vegas, a spokesperson revealed that the club shifted part of its cash reserve into Bitcoin in 2024 and still holds the position.
PSG Labs, described as “the Innovation Hub of Paris Saint-...
The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder, Changpeng ‘CZ’ Zhao, according to a four-page filing in the District Court docket.
Judge Amy Berman Jackson placed the case on a 60-day pause in February after both sides told the court that a new SEC crypto task force led by Commissioner Hester Peirce...
Bitcoin didn’t reach its new ATH with widespread coin movement or a surge in recycled supply. The rally came as large portions of Bitcoin’s UTXO set continued to age, locking up liquidity instead of distributing it.
Between Feb. 28 and May 28, the share of the UTXO set classified as long-term (outputs older than 6 months) increased by 3.79 percentage points, reaching 73.38%. This increase in...
Webus International revealed a plan on May 29 to raise up to $300 million through non-equity financing and deploy the capital into an XRP reserve that will support the company’s global chauffeur services payments network.
The Chinese AI-powered mobility firm stated that it may utilize existing cash, commercial bank loans, shareholder guarantees, and institutional credit lines to assemble the...
Meta could be the first US corporation of its scale to place Bitcoin (BTC) on its balance sheet, according to Bloomberg senior ETF analyst Eric Balchunas.
In a May 28 post on X, Balchunas argued that a move by a “Big Boy” company would validate corporate treasury adoption of the asset. He added that “it feels inevitable” that a major public company will add Bitcoin in the current cycle.
‘Big Boy...
Top Win International Limited, now trading under the Nasdaq ticker SORA, announced two major strategic investments this week as it accelerates its pivot into Asia’s fast-growing digital assets market.
The moves follow the company’s recent ticker change and come ahead of a pending rebrand to AsiaStrategy, as part of its merger with Sora Ventures, a domain expert in integrating Bitcoin.
Strategic...
Elon Musk stated on May 28 that xAI had not signed an agreement with Telegram to distribute the Grok large language model, despite Telegram founder Pavel Duvov’s announcement earlier on the same day.
Durov wrote that he and Musk “agreed to a one-year partnership” that would place Grok inside all Telegram applications and give the chat platform “$300 million in cash and equity,” plus half of every...
Donut, a new crypto-native browser purpose-built for autonomous agents, announced on May 29 that it has secured $7 million in pre-seed funding to reimagine how users and AI interact with the decentralized web.
The round was led by Hongshan (formerly Sequoia China), BITKRAFT Ventures, and HackVC, with additional backing from Sky9 Ventures, Matrix Partners, Makers Fund, Altos Ventures, Orthogonal...