Web3 News Updates

Thailand’s Securities and Exchange Commission announces the shutdown of five unlicensed cryptocurrency exchanges—Bybit, OKX, CoinEx, 1000X, and XT.COM—effective June 28, 2025, to combat money laundering and protect investors.

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Dubai Launches First Licensed Tokenized Real Estate Project in MENA Region

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Dubai has launched the MENA region’s first licensed tokenized real estate project, allowing investors to buy property shares starting from $545. The initiative uses blockchain technology to democratize real estate investment and enhance market liquidity.

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Thailand to Allow Crypto Spending for Tourists, Launches Regulatory Overhaul

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Thailand will enable tourists to spend cryptocurrencies via credit card-linked platforms, with merchants receiving Thai baht. The move is part of sweeping financial reforms to unify digital and traditional markets.

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Air Arabia Becomes First MENA Airline to Accept AED Stablecoin Payments

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Air Arabia partners with Mbank to accept AE Coin, the UAE’s first AED-backed stablecoin, for flight bookings.

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Paris Saint-Germain Becomes First Major Football Club to Hold Bitcoin in Treasury

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Paris Saint-Germain (PSG) announces it now holds Bitcoin as part of its treasury, pioneering crypto adoption in the sports world and setting a new standard for financial innovation among global football clubs.

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Tether Now Holds Over 100,000 Bitcoin and 50 Tons of Gold

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Tether CEO Paolo Ardoino announces the company’s holdings of over 100,000 bitcoin and 50 tons of gold, solidifying Tether’s dominance in both crypto and traditional assets. Discover how this strategic reserve supports USDT and Tether’s future ambitions.

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Pudgy Penguins "Worst Birthday Gift Ever" Children's Book

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Global Web3 sensation Pudgy Penguins is partnering with Random House Children's Books to release its debut children's picture book, "Worst Birthday Gift Ever"

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Nike Faces $5M Lawsuit: Alleged "Rug Pull" Over RTFKT NFT Shutdown

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Nike is being sued for $5 million in a class-action lawsuit alleging the company performed a "rug pull" by shutting down its RTFKT NFT platform

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Mastercard Launches End-to-End Stablecoin Payment Capabilities

April 30, 2025

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Mastercard introduces comprehensive stablecoin payment solutions enabling consumers to spend stablecoins via crypto wallets and cards at millions of merchants