Cryptocurrency investment deals fell to their lowest point of 2025, as analysts cited a mix of market-specific and macroeconomic factors behind weakening venture capital (VC) activity. Only 62 rounds were completed in May, a monthly low last seen in January 2021, according to data from crypto analytics platform RootData. Despite the drop, the 62 investment rounds still…

BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin. The company revealed the rollout of its Tokenised GBP (tGBP) stablecoin in an announcement shared with Cointelegraph on June 3. TGBP is now live on BCP Technologies-operated crypto trading platform, BCP Markets, and is available to customers who pass Know Your Customer checks, with…

The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin. Following the approval, DIFC companies can now use the RLUSD stablecoin for various virtual asset services. These may include payments, treasury management and services. The DIFC is a free economic zone and…