India orders takedown of Jack Dorsey’s bitcoin-linked messaging app Bitchat
The order targets Bitchat, an offline Bluetooth mesh app built to relay encrypted messages and bitcoin transactions, as 'Cockroach Janta Party' protesters in…
Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. Source：CoinDesk
Pavel Durov says Telegram to roll out native Gram crypto wallet
Telegram founder Pavel Durov said the messaging platform will roll out a native noncustodial Gram wallet this summer, bringing selfcustody crypto transactions…
UK Parliament begins inquiry into banking chokepoint for crypto businesses
The UK’s Crypto and Digital Assets AllParty Parliamentary Group (APPG) is focused on banks that refused crypto firms accounts or introduced restrictions on…
Bank of Korea prepares for live CBDC transactions with 9 banks in September
Major banking heavyweights join a massive blockchain network test that will allow retail consumers to trade tokenized won freely across commercial lines.…
Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups
Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential,…
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
Washington views Brazil’s promotion of nondollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollarbased trade,…
Ordinals dev Leonidas proposes new Bitcoin client: ‘$DOG Mode’
“Over time the economic incentives will drive $DOG Mode’s adoption and force Bitcoin Core to stop gatekeeping and allow these completely valid transactions,”…
Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants
JCB and Circle will explore using USDC for crossborder payments and merchant transactions as Japan ramps up efforts to bring stablecoins into everyday…
Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants
HSBC, UBS, Wells Fargo and Citi are among the 17 banks now preparing to pilot live transactions using tokenized digital assets on Swift’s new blockchain…
India crypto tax filings lag trading activity: Report
India’s tax department reportedly found that fewer than a quarter of the 645,000 people who made crypto transactions reported them on tax returns.…
Kazakhstan president signs decree to accelerate crypto adoption
Kazakhstan targets gaspowered electricity for mining, income tax exemptions for regulated crypto transactions and crossborder stablecoin payments in a new…