Brazil's central bank orders exchanges to delay large crypto transfers abroad
The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. Source:CoinDesk
Bitcoin will never fall below $60K again: Nansen founder
Crypto is growing up thanks to trading in real world assets, and Bitcoin will never dip below $60K again, says Nansen founder founder Alex Svanevik.…
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing. Source:CoinDesk
U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
The majority leader opened the multistage process the Senate follows when trying to get a bill over its 60vote hurdle, so it's still got a shot in September.…
Donald Trump’s media company to terminate Crypto.com deal
The president’s company will unwind an agreement with Crypto.com to create a multibilliondollar CRO treasury and reportedly not integrate prediction markets…
Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.…
US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges
The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to…
Reform UK chair calls for probe into SBF-linked donation: Report
As the chairman of the Reform UK calls for an investigation into a FTXlinked political donation, the party’s leader prepares to face voters amid his own…
OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin
The OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms. Source:CoinDesk
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.…
Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine
The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens. Source:CoinDesk
Russia cracks down on 9 crypto exchanges in Moscow City
Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers.…