Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral

Vietnam’s Ministry of Finance has proposed letting small and medium-sized enterprises use digital assets, virtual assets and intellectual property as collateral for bank loans. The proposal is part of a draft revised Law on Support for SMEs, which is open for public consultation, according to a Friday report by Vietnam News. Under the framework, businesses … Read more

Major UX Upgrades To Flagship Bitcoin Hardware Wallet

Coinkite the Bitcoin-only hardware wallet manufacturer, recently released the MK5, a significant quality of life and user experience upgrade to the MK4 Coldcard, building on the strong security foundations set by its predecessor. The MK5 comes in many colors and styles. Today, I will review the Orange and Glow in the dark versions, as well … Read more

Senator Lummis Warns China Will Overtake the US in Crypto if CLARITY Bill Stalls

The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to Wyoming Senator Cynthia Lummis. Passing a comprehensive crypto regulatory framework would “ensure” that other countries “do not write the rules … Read more

SEC Charges Texas Man With $12.3M Crypto Fraud Using Fake AI Trading Bots

The Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate guaranteed returns. Nathan Fuller, a resident of Cypress, Texas, operated the scheme through his company Privvy Investments, LLC, and under the … Read more

Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’

Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the … Read more

Bitcoin Treasury Space Still Has Fair Share of ‘Carnival Barkers’: BSTR Founder

The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive. “I think a lot of them don’t have the right capital structure, right. They don’t have the ability to actually deploy Bitcoin,” Sean Bill — co-founder of Bitcoin treasury … Read more