Vietnam is leveraging crypto regulation to meet FATF standards, combat digital asset fraud and rebuild its international financial reputation. On June 14, 2025, Vietnam’s National Assembly approved the Law on Digital Technology Industry, effective Jan. 1, 2026. Vietnam’s crypto regulation is part of a broader effort to meet FATF standards after being gray-listed in 2023 due to AML/CFT deficiencies. The law distinguishes between crypto assets (e.g., Bitcoin, Ether) and virtual assets (non-financial digital items), excluding CBDCs and securities. Read more
Bit Digital is now the second-largest publicly traded ETH holder, behind Coinbase. Digital asset company Bit Digital has pivoted its corporate treasury strategy from Bitcoin to Ether, saying the shift reflects its conviction that Ethereum will “rewrite the entire financial system.” Bit Digital used $172 million in proceeds from a recent public offering, along with funds from the sale of 280 Bitcoin (BTC), to acquire Ether (ETH), the company disclosed on Monday. As of the end of the first quarter, Bit Digital held 24,434 ETH — a position that has since grown to 100,603 ETH. The company's stock, which trades under the symbol BTBT, surged more than 29% on the news, bringing its market capitalization back above $1 billion. Read more
The TON Foundation distanced itself from initial Golden Visa claims, saying the move is an independent initiative with no official backing from the United Arab Emirates government. The foundation behind The Open Network (TON) has released a statement clarifying its role in a program that could lead to legal residency in the United Arab Emirates (UAE) following conflicting reports over the weekend. In a Monday blog post, the TON Foundation said it was in the “early stages of development” with a licensed partner to explore the creation of a UAE Golden Visa. The group added that any authority for the program rested entirely with the UAE government entities and was subject to applicable laws and regulations. “To clarify, no official Golden Visa program has launched in partnership with the government of the United Arab Emirates, nor has any governmental endorsement been granted to TON,” said the foundation. Read more
Despite Ether’s repeated rejection at $2,800, more bullish signs suggest that ETH price is still on its way toward $5,000 in 2025. Key takeaways: Ethereum ETF inflows reflect persistent demand from institutions. ETH supply on exchanges hits eight-year low alongside rising whale accumulation. Read more