Latest Cryptocurrency News – May 2025
May 2025 saw several significant developments in the world of cryptocurrency, which are impacting the global financial landscape.
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🇺🇸 Crypto-friendly environment in the US
President Donald Trump’s crypto-friendly policies have attracted global crypto companies to the US market. Companies like Dubai-based Deribit, OKX, Nexo, Wintermute, and DWF Labs are establishing their operations in the US, as the Trump administration has dropped several legal actions against crypto companies.
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🇦🇪 Token2049 Conference in Dubai
The Token2049 conference in Dubai, which was attended by over 15,000 attendees, celebrated the revival of the crypto industry. On the occasion, the Trump family’s crypto company World Liberty Financial announced a $2 billion investment in Binance through its USD1 stablecoin.
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🌐 Worldcoin launches in the US
Led by Sam Altman and Alex Blania, Worldcoin launched its cryptocurrency in San Francisco, which uses biometric eye scanning to identify users. The project aims to provide a universal basic income globally.
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📈 Bitcoin price increase
Bitcoin’s price has reached nearly $95,000, a 63.8% increase over the past year. Experts believe that its price could increase further by the end of 2025.
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🏦 America's Strategic Bitcoin Reserve
President Trump announced the establishment of the Strategic Bitcoin Reserve in March 2025, under which Bitcoin held by the US government would be held as a national reserve. The move aims to make the US a global hub for crypto.
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🇬🇧 Crypto regulations in the UK
UK financial regulators are considering banning the use of debt to purchase cryptocurrencies, to protect consumers from potential risks.
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