The IMF flagged growing crypto adoption in Nepal despite a 2021 ban, urging authorities to monitor the sector to protect financial stability and curb illicit flows. Crypto inflows exceeded 13% of GDP in 2021 and remain significant, with stablecoins dominating.
The Dogecoin Foundation is partnering with Paxos to integrate DOGE into its infrastructure, potentially broadening access to the memecoin via regulated financial channels. This move aims to allow Paxos' clients to evaluate and offer DOGE support.
Crypto funds experienced over $1 billion in outflows as geopolitical tensions between the US and Iran led to a risk-off sentiment. Meanwhile, Tether expanded its influence by acquiring SoftBank's stake in Twenty One Capital, and Bernstein highlighted Bitcoin miners' strategic role in AI infrastructure.
Istanbul Blockchain Week, organized by Web3 marketing agency EAK Digital is set to return for its fifth edition on June 2nd-3rd, 2026, at the Hilton Bomonti Hotel.
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Israel approved a shekel-pegged stablecoin while Pakistan reopened bank access for licensed crypto firms, marking a shift from US ETF-driven adoption to testing whether digital assets can integrate with local money, bank accounts, and payment systems. The moves represent a new adoption layer focused on financial infrastructure rather than investment exposure.
Strive Inc. purchased 789 more Bitcoin while its subsidiary prepares to educate business leaders on corporate crypto adoption.
Global crypto adoption declined in Q1 with retail volumes falling 11% year-over-year to $979 billion, marking the second consecutive quarterly contraction and sharpest pullback since the 2022 bear market. The decline was driven by a stronger US dollar, higher interest rates and a risk-off environment, coinciding with Bitcoin's 22% price drop from its late-2025 peak above $126,000. Advanced economies including the US, South Korea, UK and Germany posted steepest declines, while Turkey, Latin America and South Asia showed resilience.
Crypto majors are red while Gold nears $5,000 and Silver closes in on $100; BTC -1% at $89,100; ETH -2% at $2,925, SOL -2% at $127; XRP -2% to $1.90. ZRO (+15%), AXS (+10%) and DASH (+8%) led top movers. Ledger is preparing for a $4B IPO, enlisting Goldman Sachs, Jefferies and Barclays for support. Ripple CEO Brad Garlinghouse predicted crypto could hit new highs in 2026, pointing to regulatory momentum and institutional participation as key drivers. President Trump sued JPMorgan for $5 billion, alleging politically motivated “debanking”. BitGo briefly surged in its stock market debut before finishing its first day of trading just over its $18 IPO price. BlackRock CEO Larry Fink pushed the idea of a single blockchain for tokenization to avoid corruption and aid in scaling. Kansas introduced its own Bitcoin Strategic Reserve bill. PwC said institutional crypto adoption has crossed a point of no return, as regulatory frameworks move from draft rules toward active supervision. Treasury Secretary Scott Bessent reaffirmed the Trump administration’s push for U.S. crypto leadership and support for a strategic Bitcoin reserve.
