crypto recap, 18-23 may, coinmedium

Welcome to your weekly news recap, your go-to source for the biggest stories and developments that shaped the past 7 days. Whether you’ve been too busy to keep up or just want a quick, reliable summary, we’ve got you covered.

Here’s everything you need to know:
SG Forge to launch Euro-backed stablecoin in a first in France. Societe Generale’s crypto team is creating a new digital coin tied to the euro (€), aiming to give Europe more control over its financial system.

Michael Saylor and Executives Accused of Misleading Bitcoin Investors. MicroStrategy’s team is under investigation for possibly misleading people about their Bitcoin plans and business strategy.

$LIBRA Token Fallout: Argentina’s President Under Investigation for Fraud. President Javier Milei is being probed for possible financial misconduct linked to a controversial crypto project promoted during his campaign.

Bringing Ethereum Home: The Push for Locally Hosted Full Nodes. Vitalik Buterin dreams of a future where more people run Ethereum nodes on their own local devices to make the network more decentralized and independent.

U.S. Fed Council recommends Stablecoin rules to protect banking stability. Federal advisors urge clearer regulations on stablecoins, warning of systemic risks to traditional financial institutions.

Binance lists World Liberty Financials’ USD1 Stablecoin. The leading exchange adds a new USD-pegged stablecoin tied to a politically charged crypto initiative.

El Salvador’s Bitcoin Holdings See $357 Million in Unrealized Profit. The country’s bold crypto investment strategy continues to pay off amid a rising Bitcoin market.

DDC Enterprise to Accumulate 5,000 BTC Over 3 Years. The blockchain infrastructure firm reveals an aggressive acquisition plan, betting big on Bitcoin’s long-term value.

This week’s crypto news highlights both big ambitions and serious challenges in the digital world. From new regulations to massive investments and political scrutiny, it’s clear that crypto is no longer just a niche experiment, and it’s becoming a key player in global finance, leaving the door open to one question: can innovation keep up with the demand for trust and rules?

By admin