Bitcoin (CRYPTO:BTC) miners are increasingly dividing between companies investing in AI data centres and those choosing to remain focused on cryptocurrency mining as lower mining revenues drive demand for alternative income sources.
Circle faces a key regulatory deadline on July 18 as US agencies are required to publish implementation rules under the GENIUS Act governing stablecoin issuance, reserves, licensing and supervision.
European Union officials are reportedly preparing to revise the Markets in Crypto-Assets (MiCA) framework to expand oversight of non-EU stablecoin issuers following the introduction of the United States' GENIUS Act.
Senator Ron Wyden has urged Senate leaders to retain the Blockchain Regulatory Certainty Act (BRCA) in the proposed Clarity Act, arguing the measure would provide legal certainty for non-custodial blockchain software developers.
Bull Bitcoin has petitioned France's Council of State to annul a decree implementing the European Union's DAC8 cryptocurrency tax reporting rules, arguing the framework creates excessive privacy and security risks for digital asset holders.
Bitcoin (CRYPTO:BTC) should succeed based on its own characteristics rather than relying on corporate demand, macroeconomist Lyn Alden said after Strategy disclosed the sale of 3,588 Bitcoin valued at about US$216 million.
Cardano (CRYPTO:ADA) fell about 5% after founding entity EMURGO announced it was leaving the Pentad governance group to focus on recovery efforts following the US$2.4 million SecondFi exploit.
Zach Rynes, a community lead for Chainlink, criticised Ripple's five-year sponsorship with the University of Kansas, arguing that promoting XRP (CRYPTO:XRP) through college sports does not align with the company's institutional payments business.
Ripple has signed a five-year partnership with the University of Kansas that will place the XRP (CRYPTO:XRP) logo on Jayhawks football, basketball and other team uniforms while supporting blockchain education programmes.
Kazakhstan President Kassym-Jomart Tokayev has signed a decree introducing new rules for stablecoin payments, cryptocurrency tax incentives and energy support for digital mining as the country expands its regulated digital asset market.
India's tax department found that fewer than a quarter of 645,000 people who traded cryptocurrency during the year ended March 2023 reported those transactions on their tax returns.
The Bitcoin Standard Treasury Company (BSTR), backed by more than 30,000 Bitcoin (CRYPTO:BTC), and Cantor Equity Partners I have ended the original terms of their 2025 SPAC merger agreement and will negotiate a revised deal for a planned public listing.
