Crypto Gets ZERO From Trump’s Massive Bill, But Here’s Why Bitcoin Just Won Big Anyway – Brave New Coin
Trump’s $3.3 trillion bill excluded crypto provisions despite lobbying. Bitcoin may benefit as the spending could weaken the dollar, boosting its appeal as an inflation hedge. Senator Lummis plans new crypto tax reforms.
Hong Kong To Launch Third Tokenized Bond with ETF Stamp Duty Relief
Hong Kong plans to issue its third tokenized green bond and introduce ETF stamp duty relief, advancing its digital asset strategy. The move includes regulatory frameworks for stablecoins and asset tokenization.
Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets
Sweden expands its asset seizure law to include cryptocurrencies, allowing authorities to confiscate digital assets without direct proof of crime, raising concerns over civil liberties.
Tether’s last stand? GENIUS Act leaves USDT with 3 doors AND a ticking clock
The GENIUS Act pressures Tether to comply with U.S. regulations, exit the market, or launch a new stablecoin. USDC may gain ground, but Tether’s dominance remains strong despite regulatory challenges.
Crypto Investor’s Wife Kidnapped for Ransom: Court Hands Down 12-Year Sentences
A Belgian court sentenced three kidnappers to 12 years for abducting a crypto entrepreneur’s wife, demanding a crypto ransom. The case highlights security risks in the crypto space.
OKX CEO apologizes after ‘false positives’ lock users out of accounts
OKX CEO Star Xu apologized for wrongful account freezes due to compliance system ‘false positives,’ acknowledging user inconvenience despite extensive verification steps.
Oregon Vs Coinbase: AG Pushes To Keep Lawsuit In State Court
Oregon’s AG seeks to keep the lawsuit against Coinbase in state court, rejecting the exchange’s push to move it to federal court over securities law interpretations.
Donald Trump Threatens Tariffs Of Up To 70% Ahead July 9 Deadline
President Donald Trump threatens tariffs up to 70% on imports from key trading partners if agreements aren’t reached by July 9, potentially impacting global markets and consumer costs.
Hackers steal $140M from Brazilian central bank reserve accounts via partner breach
Hackers stole $140M from Brazil’s central bank reserves by breaching a software vendor. Funds were moved to commercial accounts and partially converted to crypto. Investigations and asset freezes are ongoing.
Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown
Turkey has blocked access to PancakeSwap and 45 crypto websites for unauthorized operations, as regulators tighten control over digital asset services under new compliance rules.
