Key Points: Indonesia updates crypto taxes, increases overseas and domestic transaction rates. Crypto seen as financial asset enhancing regulatory clarity. Reforms aim to increase revenue but require adjustment period. The Indonesian Ministry of Finance will increase tax rates on cryptocurrency tr
Key Points: RD Technologies secures $40 million to advance stablecoin platform in Hong Kong. Aligns with upcoming regulations on August 1, 2025. Strengthened partnerships further stablecoin integration. Hong Kong fintech group RD Technologies has reportedly completed a nearly $40 million Series A2
Key Points: Revolut eyes U.S. banking licenses; seeks faster entry with acquisition. $1 billion plan backs global expansion and strengthens U.S. presence. No immediate shifts in crypto markets due to acquisition plans. Revolut, a UK fintech with 60 million customers, is considering acquiring a lic
Key Points: SEC approves in-kind ETP processes for Bitcoin and Ethereum. Shift aligns crypto ETPs with mainstream assets. Institutional benefits anticipated with lower investor costs. The U.S. Securities and Exchange Commission has approved in-kind creation and redemption mechanisms for Bitcoin an
Key Points: Brian Quintenz’s CFTC chair nomination removed from Senate agenda. No official explanation provided by government officials. Market shows no significant reaction or disruption. Brian Quintenz’s nomination as CFTC chair, proposed by former President Trump, has encountered challenges,
Key Points: President Trump announces major cryptocurrency tax reform initiative. Changes aim to eliminate taxes on U.S.-issued coins. Expected rise in U.S. crypto market activity. President Donald Trump has
Key Points: Circle, Ripple, JPMorgan respond to crypto regulations in July. Stablecoin issuance gains US federal backing opportunity. Market sees enhanced futures trading for Bitcoin. In July 2025, the entry of JPMorgan Chase, Circle, and Ripple into U.S. cryptocurrency markets marks a
Key Points: Tim Draper raises $200 million for a new crypto venture fund. Focuses on Web3 and DeFi projects. Ethereum sees increased corporate and institutional staking. Tim Draper has raised $200 million for a new crypto fund targeting Web3 and DeFi investments as Michael Saylor’s MicroStrategy s
Key Points: Ethereum ETFs achieve record inflows, fueled by SEC approval. Institutional support bolsters Ethereum’s growth. Circle aims for national trust bank charter for USDC. In late July 2025, Ethereum ETFs in the U.S. received record inflows, while Circle Internet Group Inc. applied for a tru
Key Points: DOJ reportedly considers charges against Dragonfly employees in Tornado Cash incident. Reports lack confirmation from official sources. Market reactions remain muted amid unsubstantiated rumblings. The U.S. Department of Justice is reportedly considering bringing charges against Dragon
Key Points: Beijing employee laundered 140 million yuan via cryptocurrency. Sentenced to imprisonment along with collaborators. Authorities tighten oversight on cryptocurrency transactions. In Beijing’s Haidian District, former short video platform employee Feng orchestrated an illicit
Key Points: The U.S. Treasury now accepts Venmo and PayPal for national debt donations. Americans donated $67.3 million over 29 years. Donations have limited impact on $36.7 trillion debt. The U.S. Treasury now accepts Venmo and PayPal donations to repay its national debt, a total of $36.70 trilli
Key Points: The Solana network minted 18 million tokens, mostly via Pumpfun. Pumpfun’s token output surpasses Base and BSC. Solana’s network provides significant growth in meme coin creation. The Solana network has minted approximately 18 million tokens over the past year, with Pumpfun
Key Points: Senate draft proposes digital asset definition and regulation under SEC. Public comments invited until early August. President supports pending bipartisan bill passage. The U.S. Senate Banking Committee has released a discussion draft of the “CLARITY Act” to regulate digital assets, in
Key Points: Trump administration’s AI deregulation aims face scrutiny amid unverified claims of “DOGE AI” tool. No credible confirmation of claimed AI tool. Market remained unaffected by alleged government deregulation tool. Reports of a “DOGE AI Deregulation Decision Tool” used by a
Key Points: Minsheng Securities highlights China’s push for a stablecoin-RWA ecosystem. The initiative signals a significant transformation in China’s digital asset sector. China’s strategy includes anchoring digital currencies with high-quality domestic assets. Minsheng Securities releases a