UK-based Smarter Web Company has expanded its crypto portfolio with the purchase of 225 additional bitcoin for £19.91 million ($26.57 million), at an average price of £88,482 ($118,080) per coin. This acquisition follows a £19.7 million raise from the sale of 6,057,914 new shares, priced around £3.25 each. The company now plans to release subscription updates every two weeks to speed up fund settlement.

The firm now holds 2,050 BTC, bought at an average of £81,346 ($108,556) per bitcoin, totaling £166.76 million ($222.54 million). With bitcoin trading at approximately $118,085, the company’s holdings are up 8.8%, or around $19.53 million, on paper. It also retains £500,000 ($669,000) in available cash to further invest in bitcoin.

Having acquired over 1,500 BTC in July alone, Smarter Web has quickly climbed the Bitcoin Treasuries rankings, moving from 36th to the top 25. CEO Andrew Webley now sets his sights on breaking into the top 20 global public bitcoin holders within weeks.

PayPal has rolled out a new feature allowing U.S. businesses to accept payments in over 100 digital assets including bitcoin, ethereum, and more. The service called “Pay with Crypto” makes cross-border payments easier, cheaper, and faster for merchants and consumers.

PayPal introduces Pay with Crypto — PayPal on X

This is a big move for the company, bringing digital assets into everyday commerce. Merchants can now accept payments in digital assets using popular wallets like Coinbase Wallet, MetaMask, Kraken, Phantom and Exodus.

When customers pay with digital assets, PayPal converts them instantly to its U.S.-dollar-backed stablecoin, PYUSD, or directly to U.S….

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South Korea’s central bank has taken a major step forward in embracing cryptocurrency by forming a dedicated virtual asset committee. This new team will actively monitor the crypto market and explore central bank digital currency development as the country ramps up efforts to stay ahead in the digital finance space.

The Bank of Korea has renamed and refocused its CBDC unit and stated the Virtual Asset Team will also lead responses to stablecoin discussions and support coordination with the government on crypto legislation. This move comes as South Korean banks consider launching stablecoins tied to the national currency the won.

Crypto continues to gain strong support in South Korea especially after the election of President Lee Jae Myung who ran on a pro-crypto agenda. His platform included policies to allow stablecoins and crypto exchange-traded funds showing the country’s growing commitment to digital innovation in finance.

Breaking new ground for digital assets, the U.S. Securities and Exchange Commission has approved a major change allowing in-kind creations and redemptions for crypto exchange-traded products (ETPs). This shift marks a departure from previous rules that only permitted cash transactions for spot bitcoin and ether ETFs.

SEC Chairman Paul S. Atkins called the decision a key step toward building a fit-for-purpose regulatory framework for crypto markets. He said the move will help reduce costs, increase efficiency, and align crypto ETPs with other commodity-based funds, offering more flexibility to investors and issuers.

Jamie Selway, Director of the Division of Trading and Markets, said the update will help create a more dynamic and accessible crypto ETF market. The SEC also approved several new proposals, including ETPs holding both bitcoin and ether, options on spot bitcoin ETPs, and increased position limits. These decisions highlight the Commission’s commitment to fair and balanced crypto regulation.

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Bitcoin giant Strategy has purchased 21,021 BTC for $2.47 billion, following the largest U.S. IPO of 2025. The company raised the funds by selling 28 million shares of its new preferred stock, STRC, at $90 each. The offering, upsized from an initial $500 million goal, more than doubled the size of Circle’s $1 billion IPO in June.

This latest purchase brings Strategy’s total Bitcoin holdings to 628,791 BTC, acquired at an average price of $117,256 per coin. It’s the firm’s largest buy since March, according to BitcoinTreasuries.NET. Strategy, formerly MicroStrategy, has consistently used equity, debt, and convertible notes to expand its Bitcoin treasury, inspiring over 160 public companies to add crypto to their balance sheets.

STRC is set to begin trading on Nasdaq Wednesday, becoming the first U.S.-listed perpetual preferred stock issued by a Bitcoin treasury firm. Strategy’s offerings, including STRK, STRF, and STRD, aim to attract income-focused investors while fueling further Bitcoin accumulation.

Bitcoin remains steady at $118,000 as markets await the Trump administration’s highly anticipated digital assets report, expected to be released tomorrow. The report is the first major crypto policy report under President Trump and could mark a historic shift in US support for Bitcoin and related technologies.

The White House report is the result of months of work from the President’s Working Group on Digital Assets, led by David Sacks and Bo Hines. Crypto In America’s Eleanor Terrett, formerly of Fox Business, says it may include proposals for funding the strategic Bitcoin reserve, include further information on the national digital asset stockpile, regulatory clarity, and…

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In a bold and high-energy appearance on Bloomberg Crypto, Jack Mallers, CEO of Twenty One Capital, made clear his company’s ambition: to be the most dominant Bitcoin treasury in the world—and to ride Bitcoin’s value far past the six-figure mark.

Following the firm’s announcement that it expects to receive an additional 5,800 BTC from Tether ahead of its public listing, Mallers laid out the case for Bitcoin’s continued price surge, asserting that $150,000 per BTC is just the beginning.

“Is there enough Bitcoin for me at $120k? No. $130k, $140k, $150k? There’s always Bitcoin available—it just depends on what you’re willing to pay for it,” Mallers said….

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