As stablecoin bill heads to House, Senate shifts to market structure
The US Senate is shifting focus to crypto market structure after passing the GENIUS Act for stablecoin regulation. A hearing will feature industry experts to discuss bipartisan digital asset frameworks.
Hong Kong’s August Stablecoin License Regime Sets High Bar
Hong Kong’s new stablecoin licensing regime starts August 1, requiring issuers to meet strict controls on reserves, AML compliance, and cross-jurisdictional operations, with limited initial approvals expected.
XRP News Today: Ripple Clears the Air on Escrow Seizure—XRP Community Breathes Easy – Brave New Coin
Ripple’s legal team denied rumors of U.S. government seizing escrowed XRP, easing community fears. The Ripple-SEC settlement progresses, potentially reducing penalties and impacting XRP’s market performance.
Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers
Texas has passed a law allowing state reserves to buy Bitcoin, positioning itself ahead of federal efforts. The move aims to hedge against inflation and establish Texas as a crypto leader.
Walmart Ordered To Pay $10,000,000 After Retail Giant Allegedly ‘Turned a Blind Eye’ to Scammers Exploiting Customers – The Daily Hodl
Walmart will pay $10 million to settle an FTC lawsuit alleging it ignored scammers exploiting its money transfer services, costing consumers millions from 2013 to 2018.
CEX Power Plays: IPO Hopes & CTO Exits Rock Crypto Week
OKX considers a US IPO post-DOJ settlement, Bybit promotes Helen Liu to co-CEO as CTO Rockman exits, and Kraken’s Layer 2 project Ink sees surging activity ahead of its token launch.
GAP 3 Partners FZCO Becomes Dubai’s First Regulated Virtual Asset Investment Advisor with Operational License from VARA – The Daily Hodl
GAP 3 Partners becomes Dubai’s first regulated Virtual Asset Investment Advisor with a VARA license, offering institutional clients advisory services in digital assets and tokenization.
“India has Definitely Made Progress in Crypto” – CoinDCX CEO
CoinDCX CEO Sumit Gupta discusses India’s progress in crypto regulation, including taxation and KYC rules, but emphasizes the need for a clearer long-term roadmap to match global standards.
Calls for European Nations to Repatriate Gold From US Amid Geopolitical Concerns – News Bytes Bitcoin News
Germany and Italy face pressure to repatriate gold reserves from the US due to geopolitical tensions and concerns over US monetary policy under Trump.
OKX crypto exchange considering US IPO after local relaunch: Report
OKX crypto exchange is reportedly considering a US IPO after relaunching operations in the country, while facing regulatory challenges in Asia, including a potential block in Thailand.
