Mining
Russia launches crypto mining equipment registry to curb illicit activity
The newly implemented registry will target unregistered crypto miners in Russia amid energy shortages and security concerns.
Oluwapelumi Adejumo 2 min read
Regulation News
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Regulation
U.S. House of Representatives declares July 14th “Crypto Week”
The U.S. House of Representatives has declared July 14th “Crypto Week,” advancing landmark bills to provide regulatory clarity, legitimize stablecoins, and protect financial privacy.
Censorship
Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown
Turkey is cracking down on unauthorized crypto services amid rising market adoption, blocking 47 websites to enforce compliance and control.
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Politics
Investor poll shows 73% approval for Trump’s crypto policy, bullish views on prices increase
Bullish views on returns also accelerated, with 60% now expecting prices to rise over the next month, up 6% from March.
Stablecoins
Hong Kong activates stablecoin licensing on August 1 in major digital asset push
Hong Kong aims to strengthen investor protection and market stability with its upcoming requirement for stablecoins to have full reserve backing.
Legislation
Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards
The proposal would create clear rules for tax reporting, and prevent gains from staking and lending from being taxed.
ETF
SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight
According to James Seyffart, the regulator could be waiting to formalize a framework to fast-track crypto ETF approvals before give full clearance to Grayscale.
Stablecoins
Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight
According to CEO Brad Garlinghouse, an approval on the request would create a new benchmark for trust in the stablecoin market.
Legislation
Arizona governor vetoes bill for state-run digital assets reserve for third time
Arizona governor's veto signals ongoing Democratic caution on cryptocurrency policies.
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ETF
SEC reportedly considering standard to fast-track crypto ETFs
ETF
SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading
Crypto
South Korea halts CBDC plans, shifting focus to bank-led stablecoins
Stablecoins