🚀 This Week’s Must-Know Crypto Updates!
Focusing on key developments impacting emerging markets and the Global South, here are the top stories you need to know this week 👇
🇷🇺 Russia Launching State-Backed Crypto Exchange
Russia’s Central Bank and Ministry of Finance are teaming up to launch a regulated digital asset exchange—marking a major pivot toward institutional crypto adoption.
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🇮🇳 India Tightens Crypto Rules: KYC Deadline by June 30
India mandates full KYC compliance for all crypto users by June 30, 2025. The pressure is on exchanges and users to adapt quickly or risk being locked out.
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🇸🇮 Ljubljana Crowned Most Crypto-Friendly City in the World
Slovenia’s capital beats out Singapore and Hong Kong to become the top crypto city globally in 2025—boosting Europe’s standing in the Web3 economy.
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🇸🇻 El Salvador Keeps Stacking Sats Despite IMF Pressure
Undeterred by international scrutiny, El Salvador continues to increase its Bitcoin holdings, betting on BTC as a sovereign wealth tool.
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🇨🇠Spar Supermarkets in Switzerland to Accept Bitcoin Payments
In a significant retail breakthrough, Spar is rolling out Bitcoin payments nationwide—signaling deeper crypto integration in daily commerce.
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🇧🇷 XRP ETF Debuts in Brazil
Brazil launches its first XRP-based ETF as interest in altcoins and real-world crypto applications surges across LATAM.
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🇰🇷 Bithumb Accused of Using Dark Patterns to Boost Profits
A South Korean lawmaker alleges Bithumb exploited manipulative UX tactics to earn millions—raising concerns ahead of its planned IPO.
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🇮🇳 XRP Dominates India’s Crypto Market in Q1
Ripple’s XRP is now leading crypto trading volumes in India, outpacing both Bitcoin and Dogecoin in Q1 2025.
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🇮🇳 WazirX Announces 85% Fund Recovery Plan
India’s largest exchange unveils a recovery roadmap for affected users, aiming to restore lost funds through strategic reserves.
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🇨🇳 Rumor Mill: Is Justin Sun the Largest TRUMP Meme Coin Whale?
Speculation swirls as blockchain sleuths suggest Justin Sun is the top holder of TRUMP, a meme coin with political overtones.
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🇺🇸 $330M Bitcoin Heist Sends Monero Price Soaring
A suspected BTC theft triggers a Monero laundering spree, driving up the privacy coin’s price in a matter of hours.
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🌍 World Liberty Financial Meets Binance’s CZ
In a high-stakes discussion, the founders of World Liberty Financial meet with Binance CEO CZ to explore global crypto expansion opportunities.
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đź’¸ DeFi Roars Back: TVL Rebounds Over $100B
After a quiet April, DeFi is back in action with over $100 billion in total value locked—showing signs of renewed investor trust and yield-seeking behavior.
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📊 Crypto Market Insights – By Lorenzo
• Bitcoin is attempting to reclaim the $100,000 mark—fueling cautious optimism
• Institutional money is flowing in—privacy layers for EVM chains are gaining attention
• The new SEC chair is crypto-friendly, creating positive regulatory momentum
• DeFi TVL rebounds strongly as fresh capital enters the market
• USDT begins blacklisting wallets—sparking debates about censorship-resistant stablecoins
• Traditional financial institutions prepare to offer custodial crypto services
🚀 Overall Sentiment:
Crypto is regaining momentum. From DeFi surges and institutional entry to regulatory wins and sovereign-level adoption, the ecosystem is strengthening. The decoupling from traditional markets signals a maturing industry.
đź“ť Edited by: Shaun (The Cult Sage), Mokeira E. (SheFi_goddess)
🔍 Researched by: Lorenzo
Bringing you crypto insights that matter — curated, distilled, and delivered straight to your feed. See you next week for more! 🚨
