Here’s the summary of cryptocurrency news for June 5, 2025, reflecting a dynamic global landscape for digital assets.
Tether is expanding in Africa, investing in Shiga Digital, a platform offering blockchain solutions for financial services like OTC trading, treasury management, and cross-border payments using USDT. This move aims to bolster the digital financial ecosystem on the continent.
SuiHub and VARA Dubai announced a partnership, highlighting Dubai’s ambition to become a global blockchain hub. The collaboration focuses on fostering Web3 projects and attracting innovation to the region.
Coinbase launched wrapped versions of XRP and DOGE on its Base network, potentially simplifying their use in DeFi applications and boosting liquidity for these assets.
Circle, the issuer of USDC, officially started trading its shares on the NYSE, marking a significant step toward integrating crypto firms into traditional financial markets.
Hong Kong is planning to legalize crypto derivatives trading, which could attract institutional investors and solidify its position as a financial hub.
Uber is exploring the integration of stablecoins as a payment method, a potential milestone for mainstream crypto adoption in everyday transactions.
Romania’s state postal service is installing crypto ATMs in its branches, making digital assets more accessible to the public.
Telegram launched contests for Android developers, offering a chance to join their team and earn up to $1 million annually, encouraging innovation within its ecosystem.
World Liberty Financial issued a cease-and-desist demand to a company creating a memecoin, reflecting efforts to curb unauthorized brand use in the crypto space.
British gold mining company Bluebird Mining is converting part of its reserves into Bitcoin, aligning with the trend of asset diversification amid growing trust in cryptocurrencies.
The market shows steady progress: institutional adoption is rising, and the infrastructure for mainstream crypto use is expanding rapidly.
