The cryptocurrency industry witnessed quite a lot of developments yesterday, starting from the small Himalayan kingdom making blockchain history to Wall Street giants doubling down on digital asset ambitions. From government innovation to regulatory crackdowns, the sector always continues its evolution. Let’s have a look at the main trending stories of crypto industry from yesterday.
Bhutan Pioneers Blockchain-Based National Identity
The Kingdom of Bhutan launched its national identification system on Ethereum, becoming the first country in the world to put such critical information on a public blockchain. Nearly 800,000 Bhutanese citizens will soon verify their identities and access government services through this system. Ethereum Foundation President Aya Miyaguchi celebrated the achievement alongside co-founder Vitalik Buterin, Prime Minister Tshering Tobgay, and Crown Prince Jigme Namgyel Wangchuk. Full migration is expected by the first quarter of 2026.
J P Morgan Expands Crypto Trading Ambitions
JPMorgan is developing cryptocurrency trading services as part of its expanding digital assets strategy, according to Scott Lucas, the bank’s global head of markets and digital assets. While direct custody services remain off the table for now, Lucas outlined an “and” strategy that pursues multiple opportunities across blockchain technology. The bank has already partnered with Coinbase and other major platforms throughout 2025.
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Exchange Transparency Questions and AI Regulation
Hyperliquid CEO Jeff Yan raised concerns about Binance potentially underreporting liquidations, claiming their data captures only one liquidation per second. Meanwhile, California Governor Gavin Newsom signed SB 243, requiring AI chatbot platforms to implement age verification and safety protocols by January 2026, legislation that could impact decentralized social media platforms.
That’s a wrap on yesterday’s buzz! What’s catching your eye today? Share your thoughts, and we’ll be back with more.
