MiCAR Deadline Reshapes EU Crypto Payments Market
The MiCAR transition period has ended, requiring CASP authorization for crypto providers in the EU. Only around 230 firms secured licenses to continue operating across the bloc.
Circle Stock Rises After Bank Approval Amid USDC Pressure
Circle shares gained after US regulators approved its national trust bank, yet the stock remains under technical pressure. At the same time, USDC faces faster growing stablecoin rivals.
Lawson to Trial Yen Stablecoin Payments at Tokyo Store
Lawson will begin testing JPYC stablecoin payments at a Tokyo convenience store in August. The trial integrates yen-pegged digital currency directly into the POS system.
Hedera Exploit Surpasses $5 Million as Funds Bridged to Ethereum
Hedera has reportedly suffered an exploit exceeding $5 million, with stolen assets bridged to Ethereum. The incident adds to over $28 million in crypto platform losses recorded in July.
Hong Kong Bans OTP Logins for Crypto Platforms
Hong Kong’s securities regulator has banned SMS and email one-time password logins for crypto platforms. The move follows a surge in phishing-related cyber incidents.
VI3NNA Declaration 2026 Calls for European Digital Asset Infrastructure
The VI3NNA Declaration 2026 calls for a European digital asset infrastructure and outlines 12 measures. The paper cites stablecoin growth, job losses, and regulatory fragmentation.
Hyperliquid and Phantom Urge CFTC to Clarify DeFi Rules
Hyperliquid and Phantom filed a joint comment urging the CFTC to clarify that DeFi software and non-custodial wallets are not exchanges. The regulator will review responses before deciding on guidance or rulemaking.
SWIFT launches blockchain ledger with 17-bank pilot
SWIFT has moved its blockchain-based shared ledger into live deployment with 17 banks preparing tokenized deposit pilots. Final settlement still runs through traditional correspondent banking rails.
Wyden Pushes to Keep Section 604 in Clarity Act Debate
Senator Ron Wyden is pushing to keep Section 604 in the Digital Asset Market Clarity Act. The provision clarifies that non-custodial software developers are not money transmitters solely for publishing code.
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US Judge Approves $1.5M SEC Settlement With Elon Musk
A federal judge approved Elon Musk’s $1.5 million settlement with the SEC over delayed disclosure of his Twitter stake. The case is now formally closed.