Australia seeks feedback on crypto platform rules ahead of 2027 rollout
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and…
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. Source：Cointelegraph
Polygon gains US payments licenses after closing Coinme deal
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions. Source：Cointelegraph
Organizations join forces to fight Illinois crypto tax, after 6-month pause
Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industryaligned organizations are pushing for summary judgment on…
EU authority classifies Circle’s USDC as ‘significant’ under MiCA
The secondlargest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant emoney token.“…
US authorities dismantle crypto scam network that stole tens of millions
Brooklyn prosecutors and the FBI seized 112 servers and shut down 241 websites linked to investment scams that targeted Russianspeaking Americans.…
OCC report finds debanking efforts tied to crypto activities
The report from the US banking regulator did not include specific examples of debanking related to crypto, but mentioned it alongside ties to oil, gas and…
Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.…
Bitcoin price dips below $82K as high oil prices spike US CPI inflation
Bitcoin fell below $82,000 while bond yields targeted new 24year highs on the back of hot US CPI inflation. Source：Cointelegraph
‘Bunker mode’ won’t protect your crypto, critics say
Even if Justin Drake’s prediction that AI could break cryptography proves correct, critics say “bunker mode” is an impractical suggestion that’s unlikely to…
Canada crypto remittances to Asian countries surge 141% to $2.36B: Chainalysis
Remittancesized crypto transfers from Canada to three Asian countries reached $2.36 billion, while transfers to the Philippines alone rose 28% to $61 million.…
Qivalis receives EMI authorization from Dutch central bank for euro stablecoin
Qivalis said the EMI authorization enables it to launch a eurodenominated stablecoin, with issuance planned for the coming months, subject to additional MiCA…