Lawmakers look to push election reform that would block crypto campaign donations, even as Canada expands oversight of stablecoins and digital asset markets. Canada is moving closer to banning political donations made in cryptocurrency, as lawmakers in Ottawa tighten rules around how money flows into elections. That's after a proposed law — Bill C-25, the Strong and Free Elections Act — passed a second reading in the House of Commons on Friday. The vote signals that lawmakers support the bill in principle and will now study it in detail at committee, where amendments can still be made. The legislation would prohibit political parties and candidates from accepting cryptocurrency donations, closing what regulators see as a gap in campaign finance rules. Read more
Bitcoin accumulation by whales and institutional investors is reducing the available supply of BTC and potentially setting the stage for a rally above $80,000. Bitcoin (BTC) whales holding between 1,000-10,000 BTC have increased their BTC exposure over the past five months, with the total balance reaching 3.09 million, a level last seen on November 11, 2025. Short-term data suggest that Bitcoin traders may move toward existing liquidity at $73,700, but futures market activity and the longer-term market structure hint at higher levels above $80,000. Bitcoin wallets holding between 1,000 and 10,000 BTC have been steadily accumulating since December, adding approximately 240,000 BTC to their balances. Read more
Tire producer Pirelli Tyres Romania, the local subsidiary of Italian giant Pirelli, currently owned by Chinese state-owned China National Chemical, ended 2025 with a turnover of RON4.759 billion (EUR944 million), up 7.7% from a turnover of RON4.418 billion (EUR888.2 million) reported in 2024, per finance ministry data.
Crypto ATM operators and businesses hosting the machines have until July 1 to be in compliance with the new law or risk potential fines and prison time. Tennessee Governor Bill Lee has signed a bill into law that will officially ban the use and installation of cryptocurrency ATMs and kiosks in the southeastern US state, leaving only a matter of weeks for companies to be in compliance. Lee signed Tennessee House Bill 2505 into law on April 13, making the installation of a cryptocurrency kiosk a Class A misdemeanor starting on July 1. The reclassification of the machines as illegal under state law would potentially put operators and businesses hosting the machines at risk of up to 11 months and 29 days in prison and a $2,500 fine. Source: Tennessee General Assembly Read more
Alternative investment fund Evergent Investments (stock symbol: EVER) has informed the capital market on April 27 about the signing of a Memorandum of Understanding with real estate developer One United Properties (stock symbol: ONE) regarding the acquisition of a plot of land located in Romania's northeastern city of Iasi.