Archives
Spain to Enforce Full MiCA Rules Starting July 2026
Spain will fully implement the EU’s MiCA framework by mid-2026, alongside stricter crypto reporting rules under the DAC8 directive starting earlier that year.
Spain is preparing to roll out two major EU crypto regulatory frameworks in 2026, tightening oversight of digital asset markets. The country will enforce the DAC8 directive from January 1, 2026, requiring crypto exchanges and service providers to report user balances and transactions to tax authorities, according to local media reports.
Full implementation of the Markets in Crypto-Assets Regulation, known as MiCA, is scheduled for July 2026. MiCA, which entered into force at the EU level in late 2024, introduces standardized rules for crypto issuance, marketing, and classification, including stablecoins and utility tokens, across all member states.
The measures reflect Spain’s alignment with broader EU efforts to integrate crypto into existing financial and tax frameworks. For market participants, the changes raise compliance obligations and reduce regulatory ambiguity, reinforcing a shift toward formal supervision of crypto activity within the bloc.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Philippines Blocks Coinbase, Gemini in Crypto Licensing Push
The Philippines has begun blocking access to Coinbase and Gemini as regulators intensify enforcement against crypto platforms operating without local licenses.
Internet service providers in the Philippines have started blocking access to major crypto exchanges Coinbase and Gemini, following regulatory orders aimed at unlicensed virtual asset service providers. The move reflects a shift from informal tolerance toward stricter enforcement of local licensing requirements for crypto platforms serving Philippine users.
Local media reported the blocks were ordered by the National Telecommunications Commission after the Bangko Sentral ng Pilipinas flagged dozens of online trading platforms operating without authorization. While regulators did not publish a full list, the action underscores that market access is increasingly contingent on compliance with domestic regulatory frameworks.
The enforcement follows earlier measures against Binance and comes as regulators seek to channel crypto activity toward licensed providers. At the same time, compliant firms are expanding crypto services through partnerships with banks and payment providers, reinforcing a regulatory approach that favors supervised market participation over unrestricted access.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Polymarket Flags Third-Party Login Vulnerability after User Account Breaches
Prediction market Polymarket said recent account breaches were linked to a third-party login provider, after users reported missing funds and unauthorized access.
Prediction market platform Polymarket said a series of reported account breaches were caused by a vulnerability in an external authentication provider. The company acknowledged the incident after users reported missing balances and suspicious login alerts, but did not disclose how many accounts were affected or the amount of funds involved.
Polymarket said the issue was introduced by a third-party login tool and has since been resolved, adding that there is no ongoing risk. Several users on social media speculated the provider was Magic Labs, a widely used service that enables email-based logins and automatically creates wallets, though Polymarket did not confirm the vendor’s identity.
The incident highlights broader operational risks for crypto platforms that rely on third-party infrastructure to lower onboarding friction. As prediction markets attract more users outside traditional crypto circles, authentication and custody dependencies are drawing increased scrutiny from both users and institutional observers.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Bitget Wallet Integrates Hyperliquid for Onchain Perpetual Trading
Bitget Wallet has integrated Hyperliquid to expand its onchain perpetual trading offering. The move adds lower fees, broader asset coverage, and advanced trading tools within a self-custodial environment.
Bitget Wallet announced a full integration with Hyperliquid, the largest decentralized perpetual exchange by trading volume, expanding its onchain derivatives capabilities. The update allows users to access perpetual futures trading directly within a self-custodial wallet, combining decentralized execution with a centralized-exchange-style interface.
The integration introduces trading fees ranging from 0.06% to 0.09% and provides access to more than 300 perpetual trading pairs. These include crypto-native contracts as well as equity-linked perpetuals tied to tokenized stocks and other real-world assets. The platform supports leverage of up to 150x, with margin requirements and risk exposure displayed during order placement.
The rollout comes amid rapid growth in decentralized derivatives markets, with onchain trading volumes accelerating globally. Hyperliquid currently dominates decentralized perpetual liquidity, while Bitget Wallet reported more than $8 billion in perpetual trading volume during the fourth quarter of 2025. The partnership reflects rising demand for capital-efficient, transparent derivatives trading without custodial risk.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Justin Sun-Linked WLFI Wallet Loses $60 Million as Blacklist Persists
A wallet linked to Justin Sun remains blacklisted from WLFI transfers, with frozen holdings losing about $60 million amid falling token prices.
A cryptocurrency wallet linked to entrepreneur Justin Sun remains blacklisted by World Liberty Financial’s WLFI token system, preventing transfers as the token’s market value continues to decline. On-chain analytics firm Bubblemaps estimates the frozen holdings have lost approximately $60 million in value over the past three months.
The decline appears tied to broader weakness in WLFI prices rather than forced selling, as the blacklist restricts any movement of the assets. Bubblemaps data indicate the wallet was restricted in September following alleged transfers of WLFI to a centralized exchange. Despite the freeze, Sun is reported to control nearly 600 million unlocked WLFI tokens through other addresses.
WLFI, a governance token positioned as a bridge between traditional finance and decentralized finance, raised more than $550 million during its presale. The blacklist has drawn attention to centralized controls embedded in the protocol, prompting investor debate over governance transparency, risk management, and the practical limits of decentralization in large-scale token projects.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Tom Lee’s BitMine Adds $88 Million in ETH to Treasury
BitMine added approximately $88 million worth of ether to its balance sheet, further expanding one of the largest corporate ETH treasuries.
BitMine, the Ethereum treasury firm led by Fundstrat co-founder Tom Lee, has added roughly $88 million worth of ether to its holdings, according to onchain data. The transactions involved nearly 29,500 ETH acquired through crypto service providers, including BitGo and Kraken, though the company has not formally confirmed the specific purchases.
The company disclosed separately that it acquired nearly 99,000 ETH over the previous week, bringing total holdings to just over 4 million ETH. BitMine reported an average acquisition price of $2,991 per ether, valuing its Ethereum treasury at approximately $12 billion based on current market levels.
The continued accumulation highlights a growing trend among select public companies using Ethereum as a strategic treasury asset. BitMine’s activity reflects broader institutional engagement with crypto balance sheet strategies amid evolving market structures and increased attention to onchain assets.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
OKX Sees Trading Growth Following US and EU Expansion
OKX reported a sharp increase in trading activity after expanding into regulated markets in the United States and Europe. The exchange cited licensing approvals and regulatory clarity as key drivers.
Crypto exchange OKX reported a significant increase in trading activity across its regulated platforms following its expansion into the United States and the European Economic Area. The company said volume in licensed markets rose 53-fold in 2025, based on internal data.
OKX also reported that daily active wallets doubled year over year, with roughly 190,000 new wallets created per day. Decentralized exchange activity on its platform increased 262% globally, while centralized trading volumes rose 16%. The exchange attributed the gains to its strategy of operating through licensed entities in regulated jurisdictions.
In Europe, OKX expanded across the EEA after securing authorization under the EU’s Markets in Crypto-Assets framework in January. In the United States, the company said its April market entry aligned with supportive regulatory developments, including new stablecoin legislation and banking oversight initiatives. The results highlight how regulatory access is increasingly shaping competitive dynamics among global crypto exchanges.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
South Korea’s BC Card Completes Stablecoin Payments Pilot
BC Card has completed a pilot enabling foreign visitors to pay South Korean merchants using stablecoins converted into prepaid cards.
South Korean payments processor BC Card has completed a pilot program allowing foreign users to make local merchant payments using stablecoins. The project enabled overseas visitors to convert stablecoins held in foreign wallets into digital prepaid cards accepted across BC Card’s domestic network.
The pilot was conducted in collaboration with blockchain firm Wavebridge, wallet provider Aaron Group, and remittance company Global Money Express. BC Card said the initiative is part of longer-term preparations for a stablecoin-based payment structure rather than a limited trial. The company processes more than 20% of South Korea’s card transactions and serves roughly 3.4 million merchants nationwide.
The development comes as South Korea’s financial sector evaluates the role of stablecoins amid evolving regulatory discussions. Credit card companies have formed industry task forces, while regulators debate issuer requirements and oversight. BC Card’s pilot signals growing institutional readiness to integrate stablecoins into regulated payment systems, particularly for cross-border use cases.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
earnXRP Launches as New Yield Product on Flare Network
A new XRP-denominated yield product, earnXRP, has launched using Flare Network infrastructure, aiming to expand XRP use in decentralized finance.
A new XRP yield product, earnXRP, has launched through a joint effort by Upshift Finance, Clearstar, and Flare Network, marking another step in expanding XRP-focused decentralized finance. The product allows users to deposit FXRP, a wrapped version of XRP on Flare, into a single vault that allocates capital across multiple onchain strategies to generate yield denominated in XRP.
The launch comes as developers seek to increase XRP participation in DeFi, where utilization remains limited relative to its market capitalization. earnXRP follows earlier initiatives such as mXRP and recent XRP staking products on Flare, reflecting growing competition to attract idle XRP into yield-generating structures.
According to the teams, earnXRP targets yields ranging from roughly 4% to 10%, depending on vault size, with expected compression as assets scale. The product deploys capital across strategies, including staking, liquidity provision, and risk underwriting, while allowing users to redeem at any time.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
BlackRock Elevates Bitcoin ETF as Key 2025 Theme
BlackRock named its spot Bitcoin ETF a top 2025 investment theme despite negative performance, underscoring long-term conviction in the asset class.
BlackRock has named its iShares Bitcoin Trust (IBIT) one of its top three investment themes for 2025, even as bitcoin has fallen more than 4% year-to-date. The ETF was highlighted alongside short-term Treasurys and US equities, placing bitcoin within a traditional portfolio framework.
Despite the decline, IBIT has attracted more than $25 billion in net inflows since January, ranking sixth among all ETFs by new investment in 2025. The fund’s popularity contrasts with stronger-performing alternatives, including higher-fee gold and equity ETFs also managed by BlackRock.
Analysts view the decision as a strategic signal rather than a performance-based promotion. By spotlighting an underperforming product, BlackRock is reinforcing its view that bitcoin has a structural role in diversified portfolios. The move adds institutional weight to bitcoin’s positioning as a long-term allocation rather than a short-term trade.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Ghana Legalizes Crypto Trading Under New Regulatory Law
Ghana has passed legislation legalizing cryptocurrency trading and granting its central bank authority to license and supervise digital asset providers.
Ghana has formally legalized cryptocurrency trading after parliament passed the Virtual Asset Service Providers Bill, according to comments from Bank of Ghana Governor Johnson Asiama. The law removes legal uncertainty around crypto activity and establishes a regulatory framework aimed at managing risks tied to digital assets.
Under the legislation, the Bank of Ghana becomes the primary supervisor of crypto markets, with authority to license and oversee crypto asset service providers. The central bank said the framework is designed to curb fraud, money laundering, and systemic risks while strengthening consumer protection and regulatory clarity.
The move comes as Ghana ranks among Sub-Saharan Africa’s leading crypto economies. Regional adoption has accelerated over the past year, driven by remittances, payments, and inflation hedging. By formalizing oversight, Ghana aligns with a broader trend across emerging markets to balance innovation with financial stability as crypto use expands.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Hyperliquid Links HYPE Shorting to Former Employee
Hyperliquid said a wallet accused of insider shorting of its HYPE token belongs to a former employee dismissed in early 2024.
Decentralized perpetuals exchange Hyperliquid said a wallet flagged by its community for shorting the HYPE token belonged to a former employee who was terminated in the first quarter of 2024. Co-founder Iliensinc said the individual is no longer associated with Hyperliquid Labs and that the activity does not reflect the firm’s standards. The clarification followed claims that the address sold roughly 4,000 HYPE tokens in November.
Hyperliquid said employees and contractors are subject to strict internal trading policies that prohibit derivatives trading involving HYPE, including both long and short positions. The rules also bar trading based on material non-public information or sharing such information with third parties. Iliensinc said the policies are designed to ensure accountability and protect market integrity.
The disclosure comes as Hyperliquid remains a dominant venue in decentralized perpetuals trading. The platform accounted for a large share of global perp DEX volume in 2025, while HYPE has experienced sharp price swings amid broader volatility across crypto markets.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
MoMA Adds CryptoPunks, Chromie Squiggles to Permanent Collection
New York’s Museum of Modern Art has added CryptoPunks and Chromie Squiggles NFTs to its permanent collection through a coordinated community donation.
The Museum of Modern Art has added eight CryptoPunks and eight Chromie Squiggles NFTs to its permanent collection, strengthening institutional recognition of onchain art. The works were donated through a coordinated effort involving Larva Labs founders, Art Blocks creator Erick Calderon, and prominent collectors. They will be housed in MoMA’s Media and Performance department alongside video and experimental digital works.
CryptoPunks, launched in 2017, are widely regarded as one of the earliest NFT collections and helped define the profile-picture format that later dominated the market. Chromie Squiggles, introduced in 2020, served as the foundational collection for Art Blocks and played a central role in the rise of generative art on blockchain platforms.
The acquisition follows Yuga Labs’ sale of CryptoPunks intellectual property to the Infinite Node Foundation earlier this year, part of a broader effort to place the works in leading museums. The move comes as interest in blue-chip NFTs shows signs of stabilization amid broader market recalibration.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Northern Data Sells Mining Arm to Tether Executives
Tether-backed Northern Data has sold its Bitcoin mining unit to companies linked to senior Tether executives.
Northern Data, a data center operator majority-owned by stablecoin issuer Tether, has sold its Bitcoin mining business, Peak Mining, to companies controlled by Tether executives. The transaction, valued at up to $200 million, involved Highland Group Mining, Appalachian Energy, and an Alberta-based firm linked to Tether co-founder Giancarlo Devasini and CEO Paolo Ardoino. Northern Data disclosed the divestment in November but did not identify the buyers at the time.
The sale comes amid growing scrutiny of Northern Data’s financial structure and governance. The company is facing an investigation by European prosecutors over suspected tax fraud, following office raids in September. The divestment also occurred shortly before video platform Rumble, in which Tether holds a significant stake, agreed to acquire Northern Data.
The transaction underscores Tether’s expanding footprint beyond stablecoins into mining, infrastructure, and media. While USDT remains dominant in global stablecoin markets, the firm’s widening range of investments has drawn increased attention to its interconnected corporate relationships.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Pro-Crypto Senator Cynthia Lummis Won’t Seek Reelection
Wyoming Senator Cynthia Lummis, a leading pro-crypto voice in Congress, said she will not seek reelection in 2026, raising questions about future crypto legislation.
Wyoming Senator Cynthia Lummis said she will not seek reelection in 2026, confirming she will leave the Senate when her term ends in January 2027. In a public statement, Lummis cited months of reflection and the physical and mental demands of recent legislative sessions as key factors behind her decision.
First elected in 2020, Lummis became one of Congress’s most prominent advocates for bitcoin and digital assets. She played a central role in advancing legislation aimed at clarifying regulatory oversight of crypto markets, including efforts to define the roles of the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Her departure introduces uncertainty for ongoing crypto market structure efforts, which have yet to reach a full Senate vote. The timing also coincides with the 2026 US midterm elections, when control of Congress will be contested. With Lummis stepping aside, it remains unclear who will lead crypto policy initiatives within the Senate.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.