Global blockchain supervision and query platform

English
Download

Crypto Weekly Roundup: DoJ Says Code Isnt Crime, DBS Tokenizes on Ethereum, & More

Crypto Weekly Roundup: DoJ Says Code Isnt Crime, DBS Tokenizes on Ethereum, & More WikiBit 2025-08-24 23:26

Ethereum made strides this week as DBS issued tokenized structured notes on Ethereum, and SharpLink boosted its ETH holdings. Regulators made headlines as

Ethereum made strides this week as DBS issued tokenized structured notes on Ethereum, and SharpLink boosted its ETH holdings. Regulators made headlines as the DoJ clarified developers wont face charges for unintended protocol misuse, while the EU accelerated its digital euro plans and the Fed ended its crypto oversight program.

Ethereum

DBS, Singapore‘s largest bank, has advanced its blockchain adoption by issuing tokenized structured notes on the Ethereum public blockchain as a part of the bank’s digital asset strategy to move beyond its own private clients, giving accredited and institutional investors broader access to sophisticated financial instruments.

SharpLink Gaming has significantly boosted its Ethereum holdings with a $667 million acquisition, strengthening its position as one of the largest corporate holders of the cryptocurrency.

DeFi

PulseChain, the scalable Layer 1 blockchain solution, has garnered significant traction among developers and users seeking relief from Ethereums constraints, primarily because of its proven ability to offer faster transactions and minimal fees.

Technology

Thailand has launched an 18-month pilot program that will allow international tourists to convert cryptocurrencies into the local currency, part of a broader push to revitalize its tourism sector.

Business

Prosecutors in Taiwan brought charges against 14 individuals in connection with the $41 million BitShine crypto fraud that allegedly defrauded over 1,500 victims of over NT$1.27 billion ($41 million).

MicroStrategy has reversed recent guidance on stock issuance, signaling more flexibility in shareholder dilution while continuing to expand its Bitcoin reserves.

Web3

BTCC, the worlds longest-operating cryptocurrency exchange, has launched a major $500,000 USDT trading competition, following the announcement earlier this month that NBA All-Star Jaren Jackson Jr. has joined the platform as its new global brand ambassador.

With MAG and Multibank backing Mavryk, the $10 billion initiative could set a global benchmark for how real-world assets are brought to blockchain.

Wilder World has announced the Super Early Access launch of its first-person shooter (FPS) mode, marking a significant milestone in the projects evolution.

Regulation

The European Union (EU) is accelerating efforts to introduce a digital euro, spurred by recent regulatory moves in the United States that have strengthened the position of dollar-pegged stablecoins.

The US Department of Justice has clarified it will no longer pursue charges against developers for the unintended misuse of decentralized protocols, following the Tornado Cash verdict that convicted co-founder Roman Storm on a money transmission charge.

The Federal Reserve has shut down its crypto-focused oversight program, which monitors crypto dealings by major banks.

Federal Reserve Governor Christopher Waller signaled strong support for digital assets, calling stablecoins a vital tool for sustaining the dollars international dominance.

SEC Chairman Paul Atkins has signaled a decisive shift in the regulators approach to cryptocurrencies, pledging a clear framework for digital asset oversight and distancing the agency from its earlier reliance on enforcement actions.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

  • Crypto token price conversion
  • Exchange rate conversion
  • Calculation for foreign exchange purchasing
/
PC(S)
Current Rate
Available

0.00