Month: July 2026

White House Strikes CLARITY Act Ethics Deal as Trump Clears Senate’s Final Hurdle

Key Takeaways White House sent CLARITY Act ethics language to GOP senators on July 21. The provision targets conflicts tied to Trump’s $1.4 billion 2025 crypto income disclosure. Senate Republicans have until the roughly August 7 recess to pass CLARITY…

7-Eleven Expands Cashless Payments Across Nearly All Philippine Stores

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Philippine Seven Corp. (PSC), the exclusive licensee of 7-Eleven in the Philippines, announced that digital payment acceptance has expanded to…

Bank of Korea CBDC pilot skipped independent security audit, report says

South Korea’s first CBDC pilot has been conducted without any independent government security inspection, with participating banks relying mainly on their own pre-launch reviews before testing began. Summary South Korea’s first CBDC pilot proceeded without an independent government security inspection,…

Hut 8 Secures $9.8 Billion Texas AI Lease as Bitcoin Miners Pivot to Compute

Key Takeaways Hut 8 signed a $9.8B, 15-year lease for 352MW at Beacon Point, doubling the tenant to 704MW. Hut 8’s 949MW AI portfolio shows crypto miners shifting power assets toward long-term AI contracts. Hut 8 targets Q1 2027 energization…

Crypto

Bitcoin Has Exited Capitulation Regime as Momentum Rebuilds: Analysts

Bitcoin prices are at a five-week high, and the asset has moved out of its capitulation zone, according to analysts. Bitcoin momentum is rebuilding, but confirmation has not arrived yet, said analytics platform Swissblock on Monday as BTC tapped…

Ripple veteran regrets selling XRP at $0.10 and Ethereum near $1

Ripple CTO Emeritus David Schwartz has admitted that he regrets selling some of his early XRP and Ethereum holdings, while explaining that risk management drove the decisions rather than a loss of confidence in cryptocurrency. Summary David Schwartz says risk…

Americans Lost $11 Billion to Crypto Scams Last Year. Most of It Ended at a Gas Station

Key Takeaways FBI logged 181,565 crypto complaints and $11.366B in 2025 losses, topping 50% of IC3 fraud. FBI said kiosk scams hit $389M in 2025, pushing Spokane and DC toward tougher oversight. Operation Level Up prevented $225.9M in 2025 as…

Crypto

Bitcoin and Risk Assets Under Pressure as 30-Year Yields Push Above 5%

Analysts warn that elevated yields may reduce investor appetite for speculative assets by making safer returns more attractive. A recent auction of 30-year Treasury bonds, sold at a yield of 5.06%, has brought rising long-term US borrowing costs back…

Vietnam to Fine Retail Investors for Trading Through Unlicensed Crypto Platforms

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Vietnamese government promulgated Decree No. 284/2026/NĐ-CP, establishing administrative sanctions for violations related to crypto assets and the crypto asset…

Tether Gold gains Abu Dhabi status as its locked value triples

Tether Gold has gained commodity status in Abu Dhabi, as DefiLlama data shows XAUT’s locked value has climbed more than threefold to about $2.86 billion over the past year. Summary ADGM recognized Tether Gold as an Accepted Spot Commodity for…