Index
ToggleOver the past week, the cryptocurrency market has seen many notable events. Let's take a look back at the hottest Crypto news of the past week with Allinstation!
ASEAN to strengthen cooperation in monitoring digital asset market
On August 21 and 22 in Hanoi, the State Securities Commission (SSC) hosted the ASEAN Capital Markets Forum (ACMF) workshop, focusing on the topic of supervision and enforcement in the field of digital assets . This event is within the framework of the ACMF Market Development Program (A-MDP) with the support of the Asian Development Bank (ADB) .
Details: ASEAN Will Strengthen Cooperation in Monitoring Digital Asset Market
Fed signals interest rate cut, Crypto market revives
The global financial market has just witnessed a strong boost after the important speech of US Federal Reserve Chairman Jerome Powell at the Jackson Hole conference on August 22.
Details: Fed Signals Interest Rate Cut, Crypto Market Revives
Philippines XEM Creating a National Bitcoin Reserve
On August 22, Philippine congressman Migz Villafuerte officially introduced bill HB 421, proposing the establishment of a National Strategic Bitcoin Reserve . According to the bill, the Central Bank of the Philippines (Bangko Sentral ng Pilipinas – BSP) will be tasked with purchasing 2,000 Bitcoins per year for five consecutive years. Once completed, the country will hold a total of 10,000 Bitcoins and is expected to keep these digital assets for at least 20 years.
Details: Philippines XEM Creating a National Bitcoin Reserve
Bitcoin whale wallet wakes up after 7 years, sells BTC heavily to buy ETH
A giant cryptocurrency wallet that had been "hibernating" for the past 7 years has suddenly become active again, shocking investors by selling a large amount of Bitcoin (BTC) and switching to Ethereum (ETH).
Details: Bitcoin Whale Wallet Wakes Up After 7 Years, Sells BTC Heavy to Buy ETH
EU Considers Issuing Digital Euro on Ethereum or Solana
As the US passes a historic law to regulate the multi-billion dollar stablecoin market, the European Union (EU) is accelerating its plans to issue a digital euro. Multiple sources from the Financial Times said that EU officials are currently XEM the possibility of deploying this digital currency on popular public blockchains such as Ethereum or Solana, instead of a Private Blockchain as previously planned.
Details: EU Considers Issuing Digital Euro on Ethereum or Solana
Verb Technology Announces $713 Million Purchase of Toncoin (TON)
Verb Technology Company, Inc., a Nasdaq-listed social commerce technology company, has announced plans to rebrand as Ton Strategy Company . The move is tied to the company’s adoption of a Digital Asset Treasury (DAT) strategy , which focuses on holding Toncoin , the native cryptocurrency of The Open Network (TON) ecosystem – the blockchain network associated with the encrypted messaging app Telegram .
Details: Verb Technology Announces $713 Million Purchase of Toncoin (TON)
US to cut EU car tariffs to 15% as Europe eases trade barriers
On August 21, the European Union (EU) and the United States reached an important consensus in a joint statement on a trade agreement. This agreement marks a major step forward in the transatlantic economic relationship, which Capital been strained at times.
Details: US Will Reduce EU Car Tariffs to 15% While Europe Loosens Trade Barriers
MetaMask Officially Launches Stablecoin mUSD
Cryptocurrency wallet MetaMask – a famous product of ConsenSys (Ethereum) studio – has just officially announced MetaMask USD (mUSD) , its first native stablecoin, after many previous rumors.
Details: MetaMask Officially Launches Stablecoin MUSD
Hanoi breaks up virtual currency and Non-Fungible Token fraud ring worth nearly 200 billion VND
Recently, the situation of virtual currency investment fraud in Vietnam has become more complicated, causing losses to thousands of investors. Recently, the Department of Cyber Security and High-Tech Crime Prevention in collaboration with the Criminal Police Department, Hanoi City Police, has dismantled a group of subjects organizing the issuance and promotion of illegal virtual currency projects, appropriating a huge amount of money up to 7.86 million USD (equivalent to nearly 200 billion VND) from more than 3,000 accounts.
Details: Hanoi Breaks Up Virtual Currency And Non-Fungible Token Fraud Ring Worth Nearly 200 Billion VND
Rapper Kanye West Officially Releases Memecoin YZY on Solana
On August 21, famous rapper Kanye West made waves in the crypto community when he announced the YZY memecoin project released on the Solana blockchain. Immediately after the smart contract was announced, YZY's market Capital skyrocketed from $200 million to over $2 billion in just 5 minutes , a record number rarely seen in the crypto world.
Details: Rapper Kanye West Officially Releases Memecoin YZY On Solana
Wormhole suddenly wants to acquire Stargate, will offer a more attractive price than LayerZero
The DeFi market is getting hotter than ever as the Wormhole Foundation officially announced its intention to acquire the chain connectivity protocol Stargate. In the latest announcement, Wormhole has proposed to postpone the ongoing Snapshot vote for another 5 business days to have enough time to conduct detailed due diligence and come up with an official offer that is more attractive than the current price.
Details: Wormhole Suddenly Wants to Acquire Stargate, Will Offer a More Attractive Price Than LayerZero
Da Nang to hold public-private dialogue on digital assets
Da Nang is preparing to become the center of the blockchain and digital asset community when it officially announced that it will host the Vietnam Blockchain Festival 2025 on August 29. According to the Department of Science and Technology of Da Nang City, this event is not only a technology forum, but also a place to open up opportunities for investment cooperation, policy discussions, and global connections in the digital economic era.
Details: Da Nang Will Organize Public-Private Dialogue on Digital Assets
Criteria for pilot digital asset exchanges in Vietnam
The crypto asset market in Vietnam is entering a new phase as the pilot project has been basically completed in many aspects. This is considered an important step in the process of building a legal corridor for crypto, after many years in the "gray" area of regulation.
Details: Criteria for Pilot Digital Asset Exchanges in Vietnam
State Bank of Vietnam: Electronic money transfer transactions from 1,000 USD at international financial centers must be reported
The State Bank of Vietnam (SBV) is proposing a Draft Decree on the International Financial Center (IFC) , which includes a very notable point: all international electronic money transfers of 1,000 USD or more must be reported . This regulation is considered stricter than current domestic practices, aiming to ensure financial safety, prevent money laundering and terrorist financing in the context of Vietnam preparing to form its first financial center.
A Vietnamese company announced the purchase of digital assets, the stock price skyrocketed
The Vietnamese stock market has just witnessed a remarkable phenomenon: HVA shares of HVA Investment JSC continuously increased to the ceiling, reaching a new peak of 18,900 VND/share , three times higher than at the beginning of 2025. This growth does not come from traditional business activities but mainly thanks to the indirect investment strategy in digital assets (crypto) .
Details: A Vietnamese Company Announces Buying Digital Assets, Stock Price Soars
Thailand tests cryptocurrency-to-baht exchange program for tourists
Thailand has just announced a new program called “Tourist Digi Pay” that allows foreign tourists to convert cryptocurrencies directly into Thai baht for spending nationwide. This is an important step in the country’s efforts to modernize its tourism and financial services industries.
Details: Thailand Tests Cryptocurrency-to-Baht Exchange Program for Tourists
Strategy Announces Purchase of Additional $51.4 Million in Bitcoin
Strategy, the world’s largest Bitcoin holding company, announced on Monday that it has added 430 BTC worth about $51.4 million to its portfolio.
Details: Strategy Announces Purchase of Additional $51.4 Million in Bitcoin
Vietnam has all the elements to become a leader in the blockchain sector in Southeast Asia.
Vietnam is entering a breakthrough phase in the journey of applying blockchain technology to real life, with many favorable conditions in terms of policies, laws and support from the technology community. Experts say this is a golden opportunity for our country to become one of the leading Web3 development centers in Southeast Asia.
Details: Vietnam Has All The Elements To Lead The Blockchain Sector In Southeast Asia
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