Circle’s IPO Surpasses Expectations, Raising $1.05 Billion at $31 a Share

Circle Internet Group’s IPO is massively oversubscribed, with demand exceeding available shares by 25 times. Priced at $31 a share, the offering raised $1.05 billion, valuing Circle at $8 billion. Circle IPO Oversubscribed The upsized initial public offering (IPO) of stablecoin issuer Circle Internet Group will likely exceed the advertised range, with orders reportedly garnering … Read more

South Africa Central Bank Argues ‘Outdated’ Exchange Control Law Still Valid for Crypto Regulation

The South African central bank has appealed a High Court ruling that criticized its use of an outdated exchange control law to regulate cryptocurrencies. Central Bank Says High Court Erred The South African Reserve Bank (SARB) has appealed a High Court ruling that criticized the central bank’s reliance on an outdated exchange control law to … Read more

Hong Kong to Introduce Crypto Derivatives Trading for Professional Investors

Hong Kong’s Securities and Futures Commission (SFC) is set to introduce virtual asset derivatives trading for professional investors, aiming to enhance product offerings while ensuring robust risk management. This initiative is part of the city’s strategy to strengthen its position in the global digital asset market, according to Christopher Hui Ching-yu, secretary for financial services … Read more

Warning: Europe Might Irrevocably Make Bitcoin Illegal

Paymium’s Alexandre Stachtchenko explained that if the current version of the EDPB’s guidelines on processing personal data through blockchain technologies is approved, bitcoin might become illegal in Europe. This is because the proposed ruleset identifies public keys as personal data. EDPB Guidelines Might Make Bitcoin Illegal in Europe Bitcoin’s operability in Europe is under attack. … Read more

AEON Integrates TRON Network to Enable Seamless In-Store Payments

This content is provided by a sponsor. PRESS RELEASE. Singapore – June 5, 2025 – AEON, the next-generation crypto framework built for payments, has integrated the TRON network to enable seamless in-store payments. Through AEON Pay, users can now transact using TRX, the native utility token of the TRON network. USDT and USDD on TRON … Read more