Can You Pay With Crypto Abroad If It’s Illegal Back Home?

The popularity of stablecoins for cryptocurrency payments has increased in recent years, with many global companies embracing new payment methods. Despite the trend, crypto payments remain prohibited for retail users in multiple countries, including China, Indonesia, Russia, Turkey and others. Still, while domestic crypto payments may be banned in these jurisdictions, using cryptocurrency to pay for services abroad may be legally permissible, according to some legal experts and observers of crypto regulation. “As a general rule, the laws of a country apply only to events occurring within that country or…

Bitcoin Loans Are Back, But Rehypothecation Still Lingers

Bitcoin lenders are betting that tighter controls and clearer risk management can rebuild trust in a sector still haunted by the collapse of predecessors Celsius and BlockFi. Major Bitcoin lenders of the previous cycle imploded after turning user deposits into undercollateralized loans. When Bitcoin (BTC) prices fell and liquidity dried up, billions in customer funds were frozen or gone. But those implosions don’t prove that crypto-backed loans are doomed by design. The failures were largely the result of poor risk management rather than the model itself. Some platforms are now…

What’s Behind the 10% Aptos Price Rally Today?

Key Notes With strong support at its 20-day EMA of $4.68, APT could rally further toward $5.99 or even higher resistance at $8 and $10. Aptos has seen significant growth, including 15 million monthly active users, $200 million in stablecoin trading volume. Investors are becoming optimistic about Bitwise’s revised submission for a spot ETF. Aptos APT $4.96 24h volatility: 6.3% Market cap: $3.19 B Vol. 24h: $533.98 M price has defied the broader crypto market downtrend with 10% upside in the last 24 hours, shooting past $5.0 levels and its…

Cardano Tops Ethereum and Solana in Key Metric

Key Notes Cardano price has demonstrated remarkable resilience in the crypto market compared to its peers. The top altcoin remains functional amid a call for a possible price breakout in the current bull run. Analysts see a potential long-term target of $2.40 if the trend continues. Analyst Cardano Hieronymus on X may have set the broader cryptocurrency sector agog with his bold claim about ADA ADA $0.55 24h volatility: 0.9% Market cap: $19.88 B Vol. 24h: $449.11 M outperforming Ethereum ETH $2 428 24h volatility: 0.5% Market cap: $293.23 B…

Bakkt Files to Raise $1B via Mixed Securities Offering

Key Notes Bakkt said that it would use the proceeds from the sale for building its Bitcoin treasury as part of a broader corporate strategy to allocate capital into digital assets. The shelf registration enables Bakkt to take advantage of favorable capital market conditions, providing flexibility despite its history of operating losses and financial instability. After a challenging year with a 47% decline in stock value and a March selloff following client losses, Bakkt’s shares saw a 3% rise to $13.33 on Thursday. Digital assets company Bakkt Holdings is planning…

Will This Send BTC Bull Token Soaring?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin traders everywhere will be watching their feeds closely, willing the world’s largest crypto to hold steady at or near its current $107K mark. $15B in Bitcoin options expire today, a major portion of the roughly…

Few central banks see Bitcoin reserves on horizon but interest in diversification still grows

Despite growing buzz around crypto, only 3% of central banks plan to hold Bitcoin reserves over the next decade, according to OMFIF’s latest survey. Bitcoin (BTC) may be gaining traction globally, but only a sliver of central banks are planning to hold it, according to this year’s Global Public Investor survey by OMFIF shared with crypto.news. The report found that only 3% of central banks foresee building a strategic Bitcoin reserve in the next decade. Outside of that small group, interest in crypto as a reserve asset remains limited. OMFIF’s…