From rebels to recognition: Crypto’s path into conservative portfolios

    Driven by institutional adoption, stable infrastructure and familiar financial mechanisms, digital assets are shifting from speculative ventures into trusted components of conservative portfolios, marking crypto’s maturation and broader mainstream financial integration. Cryptocurrencies were born as rebels, but they’re maturing into something far more familiar: a respectable addition to conservative investment portfolios. When Bitcoin debuted during…

    SEC crypto task force to release first report ‘in the next few months’

    US Securities and Exchange Commission (SEC) Chair Paul Atkins appeared before lawmakers in one of his first hearings since taking the reins at the financial regulator, addressing questions about his plans for the cryptocurrency industry. In a May 20 hearing discussing oversight of the SEC, Atkins reiterated his pledge to make regulating digital assets a “key priority”…

    Vitalik Buterin proposes partially stateless nodes for Ethereum scaling

    Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales. On May 19, Buterin shared a post outlining how to make Ethereum’s layer-1 scaling “more friendly” to users running local nodes for personal use. The Ethereum co-founder highlighted the importance of independent users running nodes, saying that a…

    Ripple launches cross-border blockchain payments in UAE

    Ripple, the creator of cryptocurrency XRP, launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country receptive to digital assets. Zand Bank, the UAE’s first all-digital bank, and Mamo, a fintech company that offers a digital payment platform for businesses, will be the…

    Dubai regulator sets compliance deadline for updated crypto rules

    Dubai’s crypto regulator has given licensed digital asset companies until June 19 to comply with its updated activity-based Rulebooks to enhance market integrity and risk oversight. On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had released Version 2.0 of the Rulebooks. The regulator said it had strengthened controls around margin trading and token…

    Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever

    Japanese investment firm Metaplanet has made its second-largest single Bitcoin purchase ever, scooping up more than 1,000 Bitcoin as the cryptocurrency came within 3% of its all-time high. Metaplanet said on May 19 that it purchased 1,004 Bitcoin for a total cost of around 15.2 billion yen ($104.6 million), bringing its total holdings to 7,800 Bitcoin…