US Freezes $130M in Iran-Linked Crypto Wallets
The US Treasury sanctioned and froze more than $130 million in cryptocurrency linked to Iran’s central bank. The move is part of a broader sanctions and military campaign.
Coinbase Reportedly Eases Verification for Mainland China
Users reported that Coinbase began accepting Chinese national IDs for verification on July 14. China’s ban on crypto trading for mainland residents remains in force.
Ripple Moves Majority of RLUSD Supply to XRP Ledger
Ripple has shifted 57% of RLUSD supply, or $871 million, to the XRP Ledger. The move follows the formal end of the SEC lawsuit in August 2025.
SK Hynix Leveraged ETF Drops 45% After Debut
The Samsung KODEX SK Hynix Single Stock Leverage ETF has fallen about 45% since its late May debut. South Korea’s regulator says the approvals were granted too hastily.
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.