VanEck has officially submitted a registration to the US SEC for a new exchange-traded fund that will directly track the price of BNB the native token of the BNB Chain. If approved this would be the first US-registered ETF to offer direct exposure to BNB making it a major milestone for crypto investment access in traditional markets.

Filed on May 2 under Form S-1 the VanEck BNB ETF could also feature staking options allowing investors to earn extra BNB rewards through trusted providers. This would open the door to passive income opportunities from a regulated ETF structure enhancing the appeal for both retail and institutional investors.

This move positions BNB alongside Bitcoin Ether Solana and Avalanche as major crypto assets now targeted by VanEck for ETF offerings. VanEck continues to lead in crypto ETF innovation following its successful launch of spot Bitcoin and Ethereum ETFs and earlier proposals for futures-based crypto funds. BNB is currently trading near $595 with stable activity.

SEC Filing

The UK regulators are looking to ban the use of borrowed funds to buy digital assets as part of a wider effort to regulate the fast-growing digital assets market and protect consumers from what they consider “debt and financial harm.”

As a result, UK citizen might lose their ability to buy bitcoin with credit cards.

The Financial Conduct Authority (FCA), the UK’s top financial regulator, has proposed a new rule that would stop people from using any kind of credit – credit cards, personal loans or lender financing – to buy digital assets like bitcoin.

The proposal is open for comment until June 13, 2025 and is outlined in a new discussion paper (DP25/1) published…

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Bitcoin is now being hailed as the scarcest store of value on the planet according to Hunter Horsley CEO and Co-Founder of Bitwise Asset Management. In a recent tweet Horsley shared striking figures showing Bitcoin’s annual supply increase stands at just 0.84% and continues to decline.

Compared to Bitcoin global fiat currencies have expanded at 14% annually over the last 60 years while US money supply has grown by 7.4%. Gold increases at a much slower rate of 1.5 to 2%. This means global fiat supply doubles roughly every five years US money every ten years and gold every 36 to 48 years. In contrast 19.8 million of Bitcoin’s 21 million cap is already mined leaving only about 6% left to enter circulation over time.

Horsley credited economist Saifedean Ammous for spotlighting this data during a recent BitwiseInvest event. He believes these figures reinforce Bitcoin’s position as the most reliable and scarce store of value globally far surpassing traditional currencies and even gold.

Roswell, New Mexico, made history once again this week by becoming the first city in the world to document the acceptance of a bitcoin donation.

A physical receipt signifying the city’s acceptance of the gift was ceremonially signed Tuesday by Roswell Mayor Pro Tem Juliana Halvorson.

Halvorson signed the receipt for the bitcoin donation at the local newspaper, the Roswell Daily Record, family-owned and in print since 1891, and the newspaper which famously reported on a recovered flying disc in 1947.

Filmed while signing the receipt, Halvorson stated that the city of Roswell is,

“… going to become the first municipality in, I’ve been told the world, to be using…

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Binance has signed a strategic agreement with the National Agency for Investments of Kyrgyzstan to drive digital asset growth across the country. The signing took place during the Council for the Development of Digital Assets meeting attended by President Sadyr Japarov marking a major milestone for crypto in Central Asia.

The partnership will introduce Binance Pay for faster crypto-based payments and expand blockchain education through Binance Academy. These efforts aim to make cross-border transactions simpler while empowering Kyrgyz citizens and institutions with digital finance skills.

Officials say the goal is to build a strong digital economy that supports Web3 startups and unlocks financial freedom. By working directly with government agencies Binance is helping Kyrgyzstan embrace a future powered by crypto technology and innovation.

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Ethereum co-founder Vitalik Buterin unveiled a bold plan to simplify Ethereum’s base protocol aiming to boost efficiency security and accessibility. His blog post titled “Simplifying the L1” outlined a vision inspired by Bitcoin’s minimalism calling for a leaner and more resilient Ethereum.

Buterin proposed a major revamp of Ethereum’s architecture including a shift to a simpler RISC-V-based virtual machine and the adoption of “3-slot finality” to streamline consensus. These changes promise to reduce bugs lower development costs and enhance performance particularly for zero-knowledge proofs.

He also called for standardizing key components like serialization formats and erasure coding to cut unnecessary complexity. Emphasizing the need to make Ethereum’s core logic lighter and more auditable Buterin’s plan champions decentralization and scalability. The move comes as Ethereum faces stiff competition from faster more streamlined blockchains.

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