OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG

HONG KONG, May 21 — OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic. The listing marks a significant step in bringing a state-supervised, asset-backed digital currency to one of the world’s most established licensed virtual asset markets. Pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading…

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BM Blockchain gains attention in 2026 as users search for beginner-friendly Bitcoin cloud mining and BTC rewards. Summary BM Blockchain gains attention in 2026 as users search for beginner-friendly Bitcoin cloud mining apps. BM Blockchain offers AI-powered cloud mining access and a $108 signup bonus for new users. Rising interest in passive BTC income boosts attention on BM Blockchain and mobile cloud mining platforms. As Bitcoin stays the top…

Bitcoin price forms double bottom as Trump signals Iran negotiations may conclude soon

Bitcoin price stabilized near the $78,000 level on Thursday as easing geopolitical tensions, slowing ETF outflows, and improving technical indicators helped bulls defend a critical support zone. Summary Bitcoin price stabilized near $78,000 as Trump said U.S.-Iran negotiations were nearing completion, easing fears of prolonged Strait of Hormuz disruptions. Spot Bitcoin ETF outflows slowed to $70 million on Wednesday after investors withdrew $648 million on Monday and $331 million on Tuesday. SpaceX disclosed holding 18,712 Bitcoin in an SEC filing, exceeding earlier estimates and placing its BTC treasury above Tesla’s.…

Hyperliquid Flips Solana By FDV As ‘Revenue Chains’ Race Heats Up

Hyperliquid has overtaken Solana on a fully diluted valuation basis, according to Arkham, adding a new market marker to one of crypto’s most closely watched comparisons: the rise of application-heavy, revenue-generating chains. Arkham summarized the move directly on X, writing: “Hyperliquid has flipped Solana by FDV.” The accompanying Solana market page shows SOL trading around $86.51, with a fully diluted valuation of roughly $54.22 billion, a circulating market capitalization near $49.99 billion and 24-hour volume of about $2.74 billion. The same screen listed Solana’s current supply at 577.86 million SOL…

Former Silvergate Exec Sheds Light SEC Settlement

The former chief risk officer of Silvergate revealed she made the decision to settle with the US securities regulator in 2024 to avoid a “multi-year battle” in court, where she was accused of misleading investors about anti-money laundering rules and how the bank monitored crypto customers. In her first public comments about her settlement with the SEC on Wednesday, Kate Fraher claimed that no financial agency proved that Silvergate’s anti-money laundering controls had failed, and that she only opted to settle to “move forward.”  Fraher had agreed to a civil…

Digital Assets Like Ordinals Used in Tax Evasion Schemes: Chainalysis

Tax dodgers have started turning to Bitcoin Ordinals, BRC-20 tokens and other digital methods in an attempt to hide their wealth from tax authorities, according to blockchain analytics platform Chainalysis. “Tax evasion and unreported income are age-old financial crimes, but the methods used to commit them are rapidly evolving,” Chainalysis said in a report Wednesday. “As digital assets become more mainstream, bad actors frequently attempt to exploit novel technologies — such as NFTs, decentralized finance protocols, or emerging token standards — in hopes of keeping their wealth hidden from tax…

Soluna Buys out Dorothy 1B as Bitcoin-to-AI Campus Conversion Advances

This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday it purchased the remaining 49% equity interest in Project Dorothy 1B from Navitas Global for about $8.8 million, giving Soluna complete ownership of the 25-megawatt facility in Silverton, Texas. The deal marks the latest step in Soluna’s consolidation of the Dorothy campus after its $53 million acquisition of the Briscoe Wind Farm and the earlier…

Crypto tax evaders test Ordinals but leave Bitcoin trail: Chainalysis report

Chainalysis said Italian authorities traced a tax evasion case involving Bitcoin Ordinals and BRC-20 tokens, showing how new crypto assets are becoming part of tax probes. Summary Italian investigators traced over €1 million in alleged undeclared gains tied to Bitcoin Ordinals activity. Chainalysis said BRC-20 tokens helped hide income, but public blockchain records exposed transaction flows. Crypto tax enforcement is widening as lawmakers debate small payments, staking, and reporting rules. Italy’s Guardia di Finanza uncovered a case in which a suspect allegedly used Bitcoin Ordinals and BRC-20 tokens to build…

EC Opens Crypto Rules Review As Euro Stablecoin Gains Support

As market dynamics evolve and pressure builds to strengthen Europe’s position in the global crypto economy, the European Commission (EC) has launched a review of its landmark crypto framework to keep pace with the evolving digital asset landscape. Related Reading EC Opens Review Of EU Crypto Rules On Wednesday, the European Commission launched a consultation on the functioning of the European Union’s (EU) regulatory framework on crypto assets, the Markets in Crypto‑Assets Regulation (MiCA). The regulator is seeking feedback from stakeholders and the public on whether the current framework remains…

SpaceX IPO filing exposes bigger Bitcoin bet than expected

SpaceX disclosed 18,712 Bitcoin in its SEC filing, giving investors a clearer view of the company’s digital asset exposure before its planned public listing. Summary SpaceX disclosed 18,712 Bitcoin in its SEC filing, far above earlier outside estimates. The company’s Bitcoin holdings are larger than Tesla’s reported 11,509 BTC balance. SpaceX’s IPO filing links Bitcoin exposure with Starlink, AI, and space growth plans. Space Exploration Technologies Corp. reported holding 18,712 Bitcoin in its S-1 registration statement filed with the U.S. Securities and Exchange Commission. The filing showed that Elon Musk’s…