May 11, 2026

News Roundup — BNY to launch Bitcoin and Ethereum custody for UAE institutions

Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.

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May 4, 2026

News Roundup — Western Union to Launch USDPT Stablecoin and Stable Card

Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.

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April 28, 2026

News Roundup — OKX boosts tokenized RWA push with BlackRock BUIDL

Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.

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April 20, 2026

News Roundup — Spot bitcoin ETFs log nearly $1 billion in weekly inflows, highest since mid-January

Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.

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April 13, 2026

News Roundup — Bitcoin payments allowed for Hormuz tanker tolls

Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.

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News Roundup
November 10, 2025

News Roundup — Kazakhstan to Establish Bitcoin Reserve Worth Up to $1 Billion

Major news stories this week:

  1. Kazakhstan to Establish Bitcoin Reserve Worth Up to $1 Billion
  2. Ripple’s RLUSD Stablecoin on Track to Surpass $1 B Market Cap
  3. England Vows to Keep Pace With US Stablecoin Regulation
  4. Western Union Announces USDPT Stablecoin on Solana and Digital Asset Network
  5. BlackRock Expands Global Bitcoin Strategy with Australian ETF Launch

Story Summaries:

  1. Kazakhstan’s bold crypto move: The Central Asian country is planning a sovereign Bitcoin reserve estimated between $500 million and $1 billion, launching in 2026. The fund will use seized digital assets and invest in ETFs and crypto companies, aiming to drive institutional adoption through its financial hub, the AIFC.
  2. Ripple’s stablecoin gains traction: RLUSD, Ripple Labs' dollar-backed stablecoin, is approaching a $1 billion market cap. The rapid growth is being propelled by increasing institutional integrations, including with banks and tokenized asset platforms, positioning RLUSD as a major player in the stablecoin space.
  3. UK aligns with US on stablecoin policy: The Bank of England and UK Treasury have announced plans to mirror the US approach to stablecoin regulation. With a public consultation expected in late 2025 and implementation by 2026, issuers may be required to back coins with government bonds, reinforcing credibility.
  4. Western Union enters stablecoin market: The remittance giant is launching USDPT, a dollar-pegged stablecoin built on Solana, targeting a 2026 rollout. By building its own Digital Asset Network, Western Union aims to streamline global payments and bridge fiat and crypto through its extensive infrastructure.
  5. BlackRock brings Bitcoin ETF to Australia: BlackRock’s iShares Bitcoin ETF will debut on the Australian Securities Exchange in mid-November, offering local investors regulated exposure to BTC. The move aligns Australia with other global markets embracing Bitcoin ETFs, marking another step in mainstream institutional adoption.

And that’s all for last week’s news! Wishing you a great week ahead!