Trump's tax cut bill is promoted in the House of Representatives

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MapleStory, a blockchain game, has reached an active address count of 189,000 in the last 30 days, representing 10.47% of the active users on the Avalanche network.

According to Nansen data, the blockchain game MapleStory's active addresses in the past 30 days reached 189,000, accounting for 10.47% of Avalanche network's active users.

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Ripple has secured a blockchain payments license from Dubai’s Financial Services Authority (DFSA), allowing it to offer regulated crypto-enabled payment services in the UAE.

With new partnerships announced alongside Zand Bank and Mamo, Ripple will provide real-time blockchain-based cross-border payments, as Zand also plans to launch an AED-backed stablecoin to support the digital economy.

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🗞 May 19, 2025 cryptocurrency news highlights

【Cryptocurrency】
As of May 16, Block IBIT held 65,976,252 bitcoins, exceeding 3% of the total supply of bitcoins. Its position market value exceeds 65.9 billion US dollars 💸

【Economy】
Ripple has secured a blockchain payments license from Dubai’s Financial Services Authority (DFSA), allowing it to offer regulated crypto-enabled payment services in the UAE.

【Indicators】
MapleStory, a blockchain game, has reached an active address count of 189,000 in the last 30 days, representing 10.47% of the active users on the Avalanche network.


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🇦🇺 Australian judge rules that Bitcoin is a form of money, which could make it exempt from capital gains tax – AFR

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Visa & Mastercard are enabling Bitcoin and stablecoin spending with new cards from AQUA & MoonPay (150M+ merchants) 🌊

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Coinbase is cooperating with the U.S. Department of Justice to investigate the theft of customer data by hackers

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Binance has seen the largest short liquidation of 2025, with $66.3m in BTC/USDT short positions wiped out in a matter of hours—marking the biggest single-day short squeeze on the exchange this year.

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TRON founder Justin Sun is set to meet former President Donald Trump on May 22 as the top holder of the TRUMP memecoin.

Only the top 220 TRUMP holders were invited to the private dinner, with Sun holding the largest position in the token.

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Indian Supreme Court Urges Government Regulation of Cryptocurrency

According to a report by Cointelegraph, as reported by the Indian legal media LawChakra, despite the government having imposed taxes on digital assets such as Bitcoin, the Indian Supreme Court recently questioned the country's lack of a clear stance on cryptocurrency regulation.

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🗞 May 20, 2025 cryptocurrency news highlights

【Cryptocurrency】
Indian Supreme Court Urges Government Regulation of Cryptocurrency

【Economy】
Visa & Mastercard are enabling Bitcoin and stablecoin spending with new cards from AQUA & MoonPay (150M+ merchants) 🌊

【Indicators】
Binance has seen the largest short liquidation of 2025, with $66.3m in BTC/USDT short positions wiped out in a matter of hours—marking the biggest single-day short squeeze on the exchange this year.

【More】
TRON founder Justin Sun is set to meet former President Donald Trump on May 22 as the top holder of the TRUMP memecoin.

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Argentina President Javier Milei Shuts Down Task Force Investigating Libra Crypto Scandal

President Javier Milei’s government officially shut down the special investigative unit probing the LIBRA memecoin scandal, stating it had fulfilled its mandate. Despite the closure, no public report was released, and criminal investigations by the Public Prosecutor’s Office are expected to continue.

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Societe Generale, one of Europe’s largest banks, will launch a USD-pegged stablecoin on Ethereum—marking the first dollar stablecoin issued by a traditional bank

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🇺🇸 Texas Bitcoin Reserve bill will have its Second Reading in the House today

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The U.S. SEC filed a lawsuit against Unicoin and its three executives, accusing false and misleading statements in fundraising

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Ethereum’s share of total value locked (TVL) has dropped to 50.88% as of May 8, 2025—its lowest level since 2022.

The decline highlights growing competition from other chains, with Solana (7.88%), Bitcoin (6.16%), and BSC (6.02%) among the top challengers.

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South Korea will lift its institutional crypto investment ban starting in June, allowing nonprofit organizations and crypto exchanges to sell digital assets under new rules.

To prevent money laundering, the Financial Services Commission has mandated stricter KYC measures for institutions, requiring detailed checks on transaction purposes and fund sources.

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Texas’ Strategic Bitcoin Reserve bill has passed its second reading in the state House, advancing efforts to allow the state to hold Bitcoin in its treasury.

The bill would establish a Texas Bitcoin Depository and authorize the comptroller to manage Bitcoin holdings as a hedge against inflation and financial instability.

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Crypto .сom has obtained a MiFID license to offer regulated crypto derivatives across the European Economic Area, following its earlier MiCA approval.

The license allows Crypto. сom to expand its product offerings in Europe through its acquisition of Cyprus-based firm A.N. Allnew Investments.

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The market shows that BTC fell below $107,000, and now it is reported at $106,990 🪙

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