The National Cryptocurrency Association’s 2025 report reveals a surprising normalcy to crypto ownership, spanning construction sites to art studios and challenging long-held stereotypes. Crypto is getting more normal, from the number of people who use it to the type of people who use it, according to a new report. While Bitcoin (BTC) and crypto news have concentrated on politics and institutions as of late, showing governmental policy becoming more accepting and traditional finance avenues like ETFs being the tail that wags the “crypto dog,” a new report concentrates on the other side of the digital coin. The National Cryptocurrency Association’s (NCA) “2025 State of Crypto” report released in May 2025 reveals that the face of crypto in America is no longer a hoodie-wearing tech bro or suit-clad Wall Street savant; it is a construction worker in Oklahoma, an artist in Chicago, a grandmother in Kansas and 55 million everyday Americans using crypto to shop, save and send money home. The Harris Poll conducted t...
Bitcoin adoption may benefit from continued global uncertainty until a trade agreement between the world’s two largest economies is finalized. Bitcoin’s institutional adoption is seeing a new wave of corporate investments, which stand to benefit from more global uncertainty before a trade agreement is finalized or a controversial US spending bill is passed. US President Donald Trump is pushing forward the “One Big Beautiful Bill Act,” which he says would cut as much as $1.6 trillion in federal spending. “The great, big, beautiful bill will grow the economy like it has never grown before,” Trump wrote in a Truth Social post on Thursday. “It puts put our country on the right track, plus!” Read more
Hong Kong Customs and Excise Department teams up with the University of Hong Kong to build a crypto tracking tool amid a rise in money laundering cases involving digital assets. Hong Kong Customs and Excise Department is partnering with the University of Hong Kong to develop a digital tool to track cryptocurrency transactions in suspected money laundering schemes. On Thursday, Assistant Commissioner Mario Wong Ho-yin said customs officials would expand collaboration with academics, regional finance professionals and law enforcement to counteract increasingly complex and borderless financial crimes. “These money laundering threats are characterized by a transnational and borderless nature, and no single agency can tackle this problem alone,” Wong said during a media briefing, according to a report by the South China Morning Post. Read more