Japan passes crypto overhaul to bring digital assets under financial rules
Japan’s revised Financial Instruments and Exchange Act introduces crypto insider trading rules, tougher penalties and new oversight requirements for crypto…
South Korea to bring digital assets under new state asset management system
South Korea’s Economy Ministry plans to include digital assets and intellectual property under the country’s new stateasset management framework.…
Bitcoin gets new $80K August target: Watch these BTC price levels next
BTC price upside predictions include $68,000 within two weeks and up to $80,000 next month, contrasting warnings of a 2022 bearmarket rerun for the rest of…
Czech Republic tells ISPs to block Polymarket after gambling blacklisting
The Czech Finance Ministry added Polymarket to its blacklist of unauthorized online gambling websites, requiring internet providers to block access within 15…
Cathie Wood’s ARK buys another 220K Circle shares despite sell-off
Cathie Wood’s ARK Invest added $13.9 million worth of Circle shares on Tuesday, extending its July buying spree to 725,517 shares amid a steep stock decline.…
Stripe, Advent offer $53B to acquire PayPal: Report
Stripe and Advent reportedly offered to buy PayPal for $53 billion, at a 28% premium compared to the company’s Tuesday closing price. Source:Cointelegraph
Kalshi says CFTC, Michigan orders leave it in ‘impossible position’
“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X. Source:Cointelegraph
US freezes $131M in Iran-linked crypto as Middle East tensions rise
“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott…
Bitmine generated $46M from Ethereum staking last quarter
Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained momentum following its March validator…
Over 95% of Coinbase’s code is now written with AI
Coinbase’s Rob Witoff said the company is leaning more on AI to help with execution, but still needs highagency humans for judgment and strategy.…
Three US senators oppose CLARITY Act on ethics grounds with vote expected soon
Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear…
Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment…