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IMF official warns local stablecoins may boost digital dollar use
IMF first deputy managing director Dan Katz said domestic-currency stablecoins intended to reduce reliance on dollar-backed tokens could instead make…
2 min read
US sanctions digital asset exchanges and network aiding Iran
The US imposed sanctions on six entities and one individual it says operated a multinational digital asset network that moved millions to Iran and…
3 min read
Russia uses A7 payment network to bypass western sanctions
A state-backed payment network called A7 is reported to move more than $100 billion a year in foreign trade payments and to help Russia evade western…
1 min read
US sanctions crypto exchanges linked to Iran
The United States expanded sanctions on Iran by blacklisting two cryptocurrency exchanges and penalizing several networks tied to the country's…
1 min read
Laser Digital invests in ZIGChain
Laser Digital, the digital assets arm of Nomura Group, has made a strategic investment in UAE layer1 blockchain ZIGChain, with the amount reported as…
1 min read
Bitwise CIO says crypto can survive Clarity Act failure
Bitwise chief investment officer Matt Hougan said he gave the Clarity Act about a 50-50 chance of passage, while noting Polymarket odds later fell to…
3 min read
BlackRock to tokenize money market fund shares with JPMorgan
BlackRock will offer tokenized versions of select European money market funds using JPMorgan's Kinexys blockchain infrastructure, covering pound…
2 min read
US and UK coordinate digital asset regulation
US and UK regulators met as part of the 13th Financial Regulatory Working Group in London on July 8 and later issued a joint statement on Aug. 4…
2 min read
Russia enacts first comprehensive crypto regulation
Russian President Vladimir Putin signed a law that for the first time provides comprehensive rules for the circulation of digital currencies and…
3 min read
Yellow Card shutters retail app to focus on stablecoin infrastructure
Yellow Card, an African cryptocurrency company founded in 2016, will end nearly a decade of retail trading services and stop serving retail customers…
2 min read
Bitdeer signs colocation lease for Norway ai data center
Bitdeer Technologies Group has executed a colocation lease at its Tydal facility in Norway to host what is expected to be the country's largest ai…
2 min read
Nigeria embraces cryptocurrencies as regulators unify oversight
Nigeria announced a coordinated regulatory shift that fully recognises cryptocurrencies, stablecoins, and virtual assets, with the central bank…
3 min read
Kenya puts academic records on blockchain for verification
Kenya's National Examinations Council and Avalanche have launched a blockchain-based verification platform that places over 30 million academic…
2 min read
FalconX cuts 10% of global staff
Digital assets brokerage FalconX has cut about 10% of its global workforce as it braces for a prolonged downturn in cryptocurrency markets, according…
1 min read
Hyperscale Data borrows $30 million using bitcoin-backed loan
Hyperscale Data said it implemented a bitcoin-backed decentralized finance lending strategy through the Morpho Protocol and had approximately $30…
6 min read
Galaxy Digital acquires McGregor site for AI data center
Galaxy Digital acquired a 500 acre site in McGregor, Texas, to develop a new AI and high performance computing data center campus, adding to its…
2 min read
Russia bans cryptocurrency mining in Moscow and other regions
The Russian government has issued a decree banning cryptocurrency mining in several regions from August 15, 2026, until December 31, 2032. The…
1 min read
Zhibao raises private placement from institutional and individual investors
Zhibao Technology Inc. completed a private placement with participating institutional and individual investors, including METAVERSE INTELLIGENCE TECH…
1 min read
Dubai office channels billions in crypto for Iranian sanctions evasion
Shelbit, an unlicensed crypto exchange operating from a Dubai office, has moved at least $4 billion in digital assets tied to a Farsi-language…
21 min read
Texas reports highest cryptocurrency kiosk losses in 2025
Texas reported $56.8 million in losses tied to cryptocurrency kiosk scams in 2025, with 1,179 complaints, the most of any U.S. state, according to…
5 min read
Citadel invests $400 million in Crypto.com
Citadel Securities made a $400 million investment in Crypto.com, valuing the Singapore-based exchange at about $20 billion and marking its first…
5 min read
Partior and OpenAssets demonstrate atomic DvP with tokenized deposits
Partior and OpenAssets announced a proof of concept that achieved atomic delivery-versus-payment settlement across digital assets, regulated…
13 min read
Illegal crypto mining steals electricity across Southeast Asia
Law enforcement and utilities across Southeast Asia have uncovered widespread illegal cryptocurrency mining that bypasses meters, strains grids and…
5 min read
Canadians increase cryptocurrency ownership to 25%
A new Ontario Securities Commission survey shows 25% of Canadians now own some form of cryptocurrency, up from a 2023 finding that 10% owned bitcoin…
2 min read