Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Strategy Executive Chairman Michael Saylor recently met with Pakistan’s Finance Minister Muhammad Aurangzeb and Minister of Blockchain and Crypto Affairs Bilal Bin Saqib. In the meeting, Saylor said he’s open to acting as an advisor for Pakistan’s national crypto strategy. They discussed the idea of including Bitcoin in the country’s reserves and building a solid policy framework for digital assets. This signals Pakistan’s growing interest in crypto, with support from one of the space’s most well-known advocates.

Metaplanet has made another bold move in the crypto space by purchasing 1,112 Bitcoin worth $117.2 million. This latest addition brings the company’s total Bitcoin holdings to an impressive 10,000 BTC. The strategic accumulation reflects Metaplanet’s growing confidence in Bitcoin as a long-term store of value. As institutional interest continues to rise, this milestone positions Metaplanet among the top corporate holders of Bitcoin, reinforcing its commitment to integrating digital assets into its treasury strategy.

Walmart and Amazon are exploring the launch of their own USD-pegged stablecoins to reduce payment costs and speed up transaction settlements, according to the Wall Street Journal. Their plans depend on regulatory clarity from the upcoming Genius Act. Both retail giants are also considering joining a merchant-led stablecoin consortium or using third-party digital payment solutions. If approved, this move could reshape how consumers and businesses handle digital payments, bringing faster and cheaper transactions to millions of users.

Ripple and the SEC have jointly asked a Manhattan court to lift the injunction in their ongoing case and release the $125 million civil penalty currently held in escrow. Under the proposal, $50 million would go to the SEC, while the remaining $75 million would be returned to Ripple. This joint motion is part of a broader effort to resolve the long-standing legal dispute, drop all pending appeals, and avoid further court proceedings between the two parties.

GameStop has increased its private offering of 0.00% convertible senior notes to $2.25 billion, up from the previously planned $1.75 billion. The notes are due on June 15, 2032. The company expects to raise around $2.23 billion in net proceeds, or up to $2.68 billion if the full overallotment option is exercised. GameStop plans to use the funds for general corporate purposes, which may include investments, business development, and potential acquisitions as it continues its transformation strategy.

In a major shift, the U.S. SEC has rolled back several proposals introduced during Gary Gensler’s tenure. Among the withdrawn rules are the controversial expanded Custody Rule, the DeFi-targeted Rule 3b-16, and stricter ESG reporting mandates. These changes signal a softer regulatory stance as pressure mounts for clearer, more balanced crypto oversight. The move has been welcomed by many in the digital asset space, viewing it as a step toward more practical and innovation-friendly regulation.

Brazil’s proposed Bitcoin Reserve Bill has passed its first committee, marking a major step toward the country officially holding Bitcoin as part of its national reserves. The bill supports the idea of using Bitcoin as a strategic asset, aligning Brazil with the growing global trend of digital reserve diversification. While it still needs further approvals, the move signals a shift in how nations view Bitcoin, as more than just a currency, but a potential store of value at the national level.

BlackRock, the world’s largest asset manager with $11.5 trillion in assets, is setting its sights on managing over $50 billion in crypto assets by 2030. The company aims to become the largest crypto asset manager globally, signaling strong long-term confidence in the digital asset space. As institutional adoption grows, BlackRock’s ambitious target highlights the increasing role of crypto in traditional finance and its plans to lead the charge in shaping the future of crypto investing.

Japanese fashion brand ANAP Holdings has expanded its Bitcoin portfolio, adding around 50.56 BTC in just two days. This latest purchase brings the company’s total Bitcoin holdings to 153.4627 BTC. The move reflects ANAP’s growing confidence in Bitcoin as a strategic asset. As more traditional companies in Japan explore crypto, ANAP’s increased investment highlights the rising trend of corporate Bitcoin adoption in the country’s fashion and retail sectors.

Tether has purchased a 31.9% stake, about 78.4 million shares, in Elemental, a gold mining company listed in Canada. This marks a strategic move as Tether expands beyond crypto into real-world assets. The company also signed an option agreement with AlphaStream Limited, allowing it to buy an additional 34.4 million shares after October 29, 2025, subject to Elemental’s approval. The investment reflects Tether’s effort to diversify its holdings and strengthen its backing through exposure to traditional assets like gold.