Crypto
Legal
Twitter says Threads stole its IP, sends legal threat to Facebook parent Meta
Twitter told Meta to cease and desist, adding that it could take legal action if necessary.
Exchanges
CZ denies rumors senior Binance executives resigning due to ongoing regulatory challenges
At least three executives from the company's legal and compliance teams are set to depart.
ETF
Binance CEO dismisses concerns that institutional crypto ETFs threaten decentralization
Changpeng Zhao's comments concern BlackRock, Fidelity, and other financial giants as they race to enter the Bitcoin spot ETF market.
NFTs
Coca Cola Serbia partners with Solana-based NFT marketplace SolSea
Participants can obtain exclusive hoodies paired with NFTs during Serbia's EXIT festival.
Technology
Twitter stepping up its payment game: Now licensed money transmitter in 3 states
Twitter has gained approval in Michigan, Missouri, and New Hampshire, marking the next step in Elon Musk's attempts to turn the platform into an "everything app."
CBDCs
Bank of England taps self-sovereign ID platform Nuggets to develop privacy layer for digital pound
The potential ID solution will give users a way to verify their identity privately.
Macro
Fed decided against rate hikes in June FOMC meeting, but left room for future increases
The Fed reasserted its decision to leave the target interest rate at 5% to 5.25%.
Exchanges
Binance Australia searched in probe of former derivatives activities
The company originally discontinued its derivatives platform in April.
Exchanges
Bitget to launch crypto lending service
Users will be able to stake certain coins and receive a corresponding asset in return.
Taxes
Kraken says it fought IRS to protect clients against identity theft, other potential harms
The exchange has been compelled to provide identifying information on certain clients but the court conceded that they tax agency overreached in some requests.
Legal
Kraken ordered to provide IRS with user data
The exchange must surrender data about users who traded $20,000 per year.
ETF
Fidelity, VanEck, and more refile spot Bitcoin ETF applications after reports of SEC rejections
News of impending rejection from the SEC over language concerning surveillance agreements have led to a wave of updated refilings.