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Pakistan’s minister of state for crypto and blockchain, Bilal Bin Saqib, met with officials from the United States of America to discuss rules concerning the blockchain industry. According to reports, the minister also had a meeting with New York City Mayor Eric Adams. According to reports inside Pakistan, the minister held discussions concerning blockchain with United States Senator Cynthia Lummis, who is a key architect of the US crypto regulation. Senators Bill Hagerty, Rick Scott, Tim Sheehy, and Jim Justice were also present at the meeting in Washington, DC. According to the press release made available on Friday, Saqib also engaged in several discussions with members of the Financial Services Committee at the White House. During the discussions, he mentioned the country’s intention to be a global leader when it comes to cryptocurrencies and blockchain . “From Capitol Hill to the White House, I shared a new face of Pakistan: one driven by youth, innovation, and global partnerships,” he said. He also discussed the recent initiatives undertaken by the country with the US officials, including Pakistan’s plans to establish its strategic Bitcoin reserve. In addition, Saqib also talked about the steps that Pakistan has taken towards the establishment of its virtual asset regulatory framework and the adoption of stablecoins to streamline the country’s remittances. According to the press release, the country sees more than $36 billion in annual remittances, owing to its booming freelance sector. Meanwhile, in a separate meeting with New York City Mayor Eric Adams, Saqib discussed the challenges and approaches to the growing digital asset industry in the country. He mentioned that the sector opens up a high-potential market, but the country needs to be careful about how it decides to approach it in terms of regulation, so it can help it and not stifle its growth. During the meeting, which took place at Mayor Adam’s residence, Saqib noted that the Pakistan Crypto Council is willing to work with New York City to aid regulation and innovation. New York and Pakistan have both launched their respective crypto councils, as they aim to ensure responsible growth of their digital asset sector. The meeting marked a step towards direct collaboration between the two councils, with plans to develop knowledge-sharing, capacity-building, and policy advisory initiatives. The visit to Gracie Mansion concluded his official US tour, which focused on blockchain innovation, public-private partnerships, and international crypto cooperation. Over the past few months, the country has set up several initiatives as it aims to regulate the crypto industry. After setting up the PCC, it set up the Pakistan Digital Assets Authority to regulate blockchain-based financial infrastructure to ensure the FATF-compliant and responsible adoption of digital assets. The PCC meeting held earlier this month touched on various subjects, including a draft framework to regulate the sector. The meeting was attended by Finance Minister Muhammed Aurangzeb, who also serves as the chairman of the PCC. He discussed the formation of a technical committee comprising representatives from SBP, SECP, law, and IT & telecom divisions to review draft laws and propose a robust framework and governance structure for digital assets. The PCC also convened a meeting last week to discuss confusion surrounding its crypto policy. The development came after internal arguments over the legality of holding digital assets in the country, a stance that the State Bank of Pakistan has clarified. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

RT @D5Defi: Glyde is going to completely change the game! Don’t get left behind

Both Bera and Eigen suffered from the same problem. → Hyuuge pre-launch capital pool → The fact that building an ecosystem with organic demand just takes time There was no universe where the ~4Bn of Bera and ~13Bn of Eigen could have productive day 1 for those ecosystems, so they naturally flowed elsewhere. And it's still not small! Berachain's DeFi TVL still sits higher than Unichain, Sonic, OP Mainnet, and Polygon. It just looks bad because of those (expected) outflows and it gets negative sentiment from that. The opposite approach of having too little TVL is also bad (see: Abstract being called a ghost chain in the early days). Unless you hit the sweet spot of a high-hundreds-to-low-billions TVL with multiple apps ready to go day one you're likely to catch this type of FUD. Even then, and to reiterate, shit just takes time. Bera at least has a novel mechanism (PoL) to attract net new apps and a team that won't be going anywhere. I'm not worried about them.

RT @0xNamaste: Yo, have you checked out @GammaSwapLabs yet? They’re shaking up DeFi with their oracle-free protocol for trading volatility…

Circle Internet Group, the fintech giant behind the USDC stablecoin, made a stunning entrance to the New York Stock Exchange (NYSE) this week. Trading under the ticker CRCL, the stock debuted on Thursday at $69 and soared as high as $104 intraday, closing the day at $83.23—a whopping 168% jump from its IPO price of $31. The IPO didn’t just impress—it made headlines . So, what is Circle, why did they go public, and what does it mean for the future of crypto and Wall Street? Circle is a fintech company best known for issuing USDC ( USD Coin ), the second-largest regulated stablecoin in the world and the 7th-largest cryptocurrency overall by market cap—valued at over $61.5 billion. Built on transparency, compliance, and reserve-backed stability, USDC is used across hundreds of exchanges, wallets, and DeFi protocols. Circle has long positioned itself as the institutional bridge between traditional finance and the crypto ecosystem, serving enterprises, banks, and payment platforms with real-time blockchain infrastructure. Going public is a major milestone for Circle—but it wasn’t spontaneous. The IPO was years in the making and follows a previously failed SPAC merger in 2022. This time, Circle chose the traditional IPO route , a move seen as a strong vote of confidence in the long-term viability of crypto infrastructure players. Their IPO was upsized due to high demand, with shares priced at $31—above the expected range of $27–$28. Clearly, institutional investors were ready to bet big on Circle and the stablecoin economy. Investors poured in on the first day, causing Circle's shares to more than double within hours. This level of IPO euphoria hasn’t been seen in fintech since Coinbase’s debut. As of June 7, 2025, CRCL is trading at $107.44, showing slight consolidation after its explosive debut. The chart reflects some profit-taking, with a mild pullback from the $120 and $112 areas. CRCL/USD 15-mins chart - TradingView At a time when crypto markets are stabilizing and institutional capital is returning, Circle’s debut could trigger a second wave of crypto IPOs and increased adoption of USDC as the go-to stablecoin. Absolutely. Circle’s IPO is not just another stock listing—it’s a signal that crypto is becoming Wall Street’s next big bet. Whether you're a trader , investor, or DeFi enthusiast, keeping an eye on CRCL might just give you the next big edge in this evolving market. $USDC $Circle $CRCL Circle Internet Group, the fintech giant behind the USDC stablecoin, made a stunning entrance to the New York Stock Exchange (NYSE) this week. Trading under the ticker CRCL, the stock debuted on Thursday at $69 and soared as high as $104 intraday, closing the day at $83.23—a whopping 168% jump from its IPO price of $31. The IPO didn’t just impress—it made headlines . So, what is Circle, why did they go public, and what does it mean for the future of crypto and Wall Street? Circle is a fintech company best known for issuing USDC ( USD Coin ), the second-largest regulated stablecoin in the world and the 7th-largest cryptocurrency overall by market cap—valued at over $61.5 billion. Built on transparency, compliance, and reserve-backed stability, USDC is used across hundreds of exchanges, wallets, and DeFi protocols. Circle has long positioned itself as the institutional bridge between traditional finance and the crypto ecosystem, serving enterprises, banks, and payment platforms with real-time blockchain infrastructure. Going public is a major milestone for Circle—but it wasn’t spontaneous. The IPO was years in the making and follows a previously failed SPAC merger in 2022. This time, Circle chose the traditional IPO route , a move seen as a strong vote of confidence in the long-term viability of crypto infrastructure players. Their IPO was upsized due to high demand, with shares priced at $31—above the expected range of $27–$28. Clearly, institutional investors were ready to bet big on Circle and the stablecoin economy. Investors poured in on the first day, causing Circle's shares to more than double within hours. This level of IPO euphoria hasn’t been seen in fintech since Coinbase’s debut. As of June 7, 2025, CRCL is trading at $107.44, showing slight consolidation after its explosive debut. The chart reflects some profit-taking, with a mild pullback from the $120 and $112 areas. CRCL/USD 15-mins chart - TradingView At a time when crypto markets are stabilizing and institutional capital is returning, Circle’s debut could trigger a second wave of crypto IPOs and increased adoption of USDC as the go-to stablecoin. Absolutely. Circle’s IPO is not just another stock listing—it’s a signal that crypto is becoming Wall Street’s next big bet. Whether you're a trader , investor, or DeFi enthusiast, keeping an eye on CRCL might just give you the next big edge in this evolving market. $USDC $Circle $CRCL