ChainFabricNews

Image source: Binance Despite China’s long-standing ban on cryptocurrencies, the country now finds itself in a strange situation—holding billions of dollars worth of crypto assets that were seized from criminal activities. And the big question is: what should the government do with it? It’s a twist that’s got everyone talking, from legal experts to financial analysts and even ordinary citizens who follow the crypto space. Let’s break it down. 🚫 A Strict Ban Still Stands Back in 2021, China imposed one of the world’s strictest bans on cryptocurrency. It shut down crypto exchanges, banned trading, and even outlawed mining operations. The move was meant to protect investors and maintain financial stability. But as we all know, banning something doesn’t always make it disappear. Behind the scenes, the crypto world in China never fully died. Instead, it went underground. Illegal trading, scams, and even gambling using digital coins kept going. Last year alone, China reported over 3,000 cas...

Image source: YOUTUBE In a surprising twist that’s turning heads across Wall Street and the crypto world, Justin Sun , the founder of the Tron blockchain, is making a bold move — by taking Tron public in the U.S. through a reverse merger with SRM Entertainment, a Nasdaq-listed toy company. Yes, you read that right. A crypto giant is teaming up with a toy firm to land on Nasdaq. But behind this odd pairing lies a serious strategy — one that could reshape how blockchain companies interact with traditional finance. What’s Really Happening? Instead of going through a lengthy IPO process, Tron is merging with SRM Entertainment, which is already listed on the stock exchange. Once the deal is complete, SRM will be renamed Tron Inc. , and will focus entirely on crypto. Tron will also invest $100 million to buy its own token (TRX) as part of the deal, bringing the total value of this reverse merger to around $210 million . After the news broke, SRM’s stock price shot up over 500% , showing jus...

Image source: YOUTUBE In 2025, a quiet revolution is happening in the world of finance—and it’s happening one Bitcoin at a time. From tech giants to media companies, many publicly traded businesses are now choosing to hold Bitcoin in their corporate treasuries . But why is this trend picking up so fast? Let’s break it down in simple terms. 💼 What’s a Bitcoin Treasury Strategy? Imagine you’re a company with lots of cash in the bank. Usually, you might invest that money in stocks, bonds, or simply hold it in savings. But now, more and more companies are choosing to store part of their cash in Bitcoin . This is called a Bitcoin treasury strategy —and it’s becoming a serious business move. 🔥 Who’s Leading the Charge? The most famous example is MicroStrategy , a tech company that now holds over 582,000 bitcoins. That’s almost 3% of all Bitcoin that will ever exist ! The company's stock has surged in value as a result. But they’re not alone. Other big names like Trump Media , GameStop ...

Image source:  In a time when cryptocurrency is gaining serious attention in Italy, a powerful voice has stepped in with a reality check. Fabio Panetta , Governor of the Bank of Italy and a policymaker at the European Central Bank (ECB), has issued a firm warning: banks need to be extremely careful when dealing with crypto-assets. His concern? That offering crypto services might blur the lines for everyday people and damage public trust in the financial system. This came during the Bank of Italy’s annual report presentation on May 30, 2025 , and it’s already sparked conversations in both the banking and crypto communities. 🧠 What’s the Concern? According to Panetta, many people don’t fully understand the risks that come with crypto. Unlike traditional bank deposits, cryptocurrencies don’t offer any guarantees . There’s no safety net—no deposit insurance, no bank protection. And their prices? They swing up and down like a roller coaster. He stressed that when banks start offering c...

Image source: Knews In a shocking development that’s shaking up Europe’s crypto scene, authorities have uncovered a sprawling international money-laundering network — and Cyprus is right at the heart of it. The coordinated sting, led by Europol and Eurojust, connected criminal operations in Spain, France, Slovenia, and Cyprus. The gang allegedly laundered more than $100 million through a mix of cryptocurrency transactions and cold, hard cash. 💼 What Happened? Investigations revealed that Cyprus was used as a crucial “transit point” in this laundering web. Authorities believe that huge amounts of money were smuggled from Spain into Cyprus, disguised through property purchases, luxury car acquisitions, and crypto wallets. During the operation — which took place over several months and involved massive cross-border coordination — law enforcement seized: €29.5 million in digital assets €8.2 million in cash 36 luxury cars 14 high-end properties in Cyprus 🏝️ How Cyprus Got In...

Image source: CoinGabbar Ripple Labs has finally reached a major breakthrough in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC), and this could be a game-changer for the entire crypto world. The case, which began back in 2020, revolved around whether Ripple’s cryptocurrency, XRP , should be considered a security. For years, this legal uncertainty caused major ups and downs for XRP, and left investors wondering whether the token would survive. But now, after months of negotiation, Ripple has agreed to a settlement with the SEC. The company will pay $50 million —a reduced amount from the earlier $125 million fine. More importantly, the SEC has agreed to drop its appeal, and both sides are working to end the case officially. What Does This Mean for XRP? The settlement confirms that public sales of XRP are not considered securities . This is a huge deal. It brings much-needed clarity to how XRP can be bought, sold, and used. While some restrictions st...

Image source: Solanafloor In a major development that blends traditional banking with the fast-paced world of cryptocurrency, Société Générale , one of France’s largest banks, has announced the launch of a new US dollar-backed stablecoin . Named USD CoinVertible (USDCV) , this digital asset is expected to go live in July 2025 and will operate on both the Ethereum and Solana blockchains . This move signals a big shift in how traditional finance is starting to embrace blockchain technology and digital currencies. 💼 Backed by Real Dollars — With Real Oversight Unlike many crypto projects that struggle with regulation and transparency, USDCV is being launched by SG‑FORGE , Société Générale’s regulated digital asset arm. The coin will be fully backed by US dollar reserves held by BNY Mellon , one of the most trusted banks in the world. This means every USDCV token is backed by actual dollars, offering users peace of mind that the value is stable and secure. Regular audits and full complia...