Digital Chamber Sues Illinois Over 0.2% Digital Asset Tax
The Digital Chamber is challenging Illinois’ 0.2% Digital Asset Tax Act in court before its 2027 launch. The group argues the law unfairly targets blockchain-recorded assets.
Matrixdock Completes Two Years of Reserve Audits for XAUm and XAGm
Matrixdock has completed its fourth consecutive semi-annual reserve audit, covering both XAUm and XAGm. The July 2026 verification confirmed consistency between physical reserves and circulating token supply.
Brian Armstrong Says Bitcoin Became Digital Gold as Stablecoins Grow
Coinbase CEO Brian Armstrong said Bitcoin functions as a store of value, while stablecoins have taken over as payment instruments. Stablecoin supply stands near $310 billion.
TAC Drops Over 90% in Minutes With No Confirmed Cause
TAC plunged from around $0.06 to nearly $0.004 within minutes on July 7. No confirmed security breach has been reported.
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AI Agents Gain Wallet Signing Authority as New Control Models Emerge
AI agents are being integrated into crypto wallets and exchanges with transaction signing authority. Industry participants call for tiered permissions and strict spending limits to manage new risks.
News | Regulation | Security
Binance to End EU Crypto Services Over MiCA Deadline
Binance will halt crypto services in multiple EU countries from July 1, 2026, due to the MiCA licensing deadline. The exchange withdrew its Greek application and is seeking approval elsewhere.
South Korea Fines Bithumb for Overseas User Data Transfers
South Korea imposed a 210 million won fine on Bithumb for unauthorized overseas data transfers. Regulators cited consent violations and ordered corrective measures.
CoinDesk Opinion Challenges Banking Lobby on Stablecoins
An opinion piece in CoinDesk argues that Congress should not limit stablecoins to protect community banks from what the author describes as an unproven threat.
US Iran Oil License Sends Crude Lower as Inflation Remains in Focus
The US Treasury issued a 60-day license for Iranian oil exports, sending crude prices lower. Markets are assessing the impact on inflation, interest rates, equities, and Bitcoin.
Singapore Adds Bybit to Investor Alert List
Singapore’s Monetary Authority has placed Bybit on its Investor Alert List, clarifying that the exchange is not licensed for services accessible to local users.