Crypto

Hong Kong will begin enforcing its new stablecoin regulations on Friday, with a six-month transition period allowing temporary licenses for issuers. The Hong Kong Monetary Authority (HKMA) will implement a six-month transition period with special rules as part of its new framework for stablecoins, which is set to take effect on Friday. According to a Wednesday report by local news outlet Radio Television Hong Kong, the HKMA will introduce a six-month transitional arrangement as the new stablecoin framework becomes active. The provisional rules also include the issuance of temporary licenses to issuers capable of complying with regulatory requirements. However, if a Hong Kong stablecoin issuer fails to comply with the new rules within three months, they will be required to wind down their operations within four months. Issuers that the HKMA believes cannot comply with the new rules will be forced to cease operations within a single month of receiving their notice, the report said. Read more

The overhaul may simplify onboarding for new investors—but could also raise barriers for high-frequency trading, Decrypt was told.

Prosecutors say the former executive funneled company funds into crypto via false claims, with investigators tracing assets despite obfuscation tools.

Ethereum is gaining momentum on ETF inflows, regulatory shifts, and macro tailwinds, with analysts eyeing a breakout toward $5,000.

Visa sees stablecoins as a long-term opportunity but says adoption remains limited amid regulatory uncertainty and low transaction volumes.

Crypto markets tread water as U.S.-China trade discussions yield no firm breakthrough, with tariff extension talks still unresolved.

Strategy has raised capital through newly listed preferred shares to purchase another 21,021 BTC, lifting its total stash to nearly 629,000.

Regulators in Hong Kong were open to in-kind redemptions for the city's crypto ETFs since day one.

Here’s our review of ‘Copilot Mode,’ an experimental revamp to Microsoft’s Edge browser that makes it even more AI centric.

Ethereum ETFs experienced a record inflow streak last week, adding a net $2.31 billion ovst seven trading sessions between July 18 and July 28. Five of those days saw net inflows exceed $230 million, with the largest single-day inflow of $533.8 million recorded on July 22. This surge in inflows has dwarfed previous weeks and […] The post Ethereum ETF inflows cross $2.3B in a week as demand intensifies appeared first on CryptoSlate.

Traders cut risk ahead of Wednesday’s Federal Reserve decision on interest rates, and a long-awaited crypto policy report from the White House. Key points:  Bitcoin’s price compression and the Bollinger Bands suggest a range expansion will occur soon.  This week’s early price weakness is likely the result of traders cutting risk ahead of Wednesday’s FOMC and a White House update on its crypto policy and Bitcoin strategic reserve. Read more

Strategy bought over 21,000 Bitcoin after raising $2.5 billion from a preferred stock offering, the largest initial public offering in the US this year. Michael Saylor’s Strategy says it bought 21,021 Bitcoin after raising $2.5 billion from its fourth preferred stock — STRC — making it the largest US initial public offering in 2025 so far. Strategy, which has the largest Bitcoin (BTC) holdings among public companies, said on Tuesday that its latest buy was at an average purchase price of $117,256 per coin, bringing its total stash to 628,791 BTC. The purchase was the firm’s largest since March 31, BitcoinTreasuries.NET data shows. The company formerly known as MicroStrategy raised $2.5 billion by selling 28 million shares of Variable Rate Series A Perpetual Preferred Stock (STRC) for $90 each, which was upsized from an initial goal of $500 million. Read more

Teucrium 2x Long Daily XRP ETF (XXRP) reached $323.6 million in net flows this week, being the first XRP exchange-traded fund (ETF) traded in the US to surpass the $300 million threshold. According to VettaFi’s data, XXRP now represents 52.5% of the total $616 million in net flows registered by US-traded XRP ETFs.  Notably, all […] The post Teucrium’s 2x XRP ETF tops $300M in flows, dominates 52% of the market appeared first on CryptoSlate.

Strategy closed a $2.521 billion initial public offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and immediately used the proceeds to expand its Bitcoin (BTC) reserve.  The company said it purchased 21,021 BTC at an average $117,256 apiece, lifting holdings to about 628,791 BTC as of July 29. The aggregate cost […] The post Strategy buys nearly $2.5B worth of Bitcoin to make up 62% of total BTC in treasuries appeared first on CryptoSlate.

South Korea’s Central Bank has announced it will reorganize its structure to include a “cryptoassets department” as a wave of public sector stablecoin-related activity continues to build momentum. The post South Korean Central Bank Unveils New ‘Cryptoassets Department’ appeared first on Cryptonews.

The Nym token has jumped considerably in the past day as UK VPN demand spikes 6,000% amid a new age verification law.

Senator Cynthia Lummis (R‑Wyo.) introduced the 21st Century Mortgage Act on July 29, legislation that aims to bring US underwriting into the digital era by requiring Fannie Mae and Freddie Mac to consider digital assets when assessing single‑family mortgage eligibility.  The bill directs the government‑sponsored enterprises to recognize assets recorded on cryptographically secured ledgers and […] The post Senator Lummis introduces legislation to make Fannie and Freddie count crypto in mortgage risk checks appeared first on CryptoSlate.

The firm expects to hold about 43,500 Bitcoin after stablecoin giant said it would provide more digital coins.

The bitcoin miner said the company posted its highest revenue quarter due to the average price of bitcoin surging 50% during the second quarter.

Steam dumped adult games following pressure on payment providers. Now, Collective Shout says crypto payment firms could be targeted next.