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IMF Sounds the Alarm: Why Brazil’s Booming Crypto Market Needs Urgent Oversight

In its most recent Financial System Stability Assessment report, the IMF acknowledged the massive scale of the Brazilian cryptocurrency market, with cross-border crypto flows surpassing traditional alternatives. The report calls for full implementation of AML/CFT measures to plug compliance holes in an incomplete regulatory framework. IMF Acknowledges Size of Brazil’s Crypto Market, Calls for Enhanced […]

Bitcoin.com NewsBitcoin.com NewsSergio Goschenko28 Jul

South Korea Giants LG CNS and POSCO International Deploy Live Trade Data on Injective Blockchain

POSCO International and LG CNS have launched a pilot on the Injective blockchain to tokenize real trade accounts receivable using live data from overseas subsidiaries. Overcoming Legacy Trade Bottlenecks POSCO International and LG CNS have launched a pilot to tokenize live trade receivables on the Injective blockchain, marking one of South Korea’s most advanced real‑world […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara28 Jul

Ratio CEO Says Multi-Currency Stablecoins Could Eliminate Costly FX Conversions Across Asia

Global trade still relies on outdated correspondent banking networks, pre-funded Nostro/Vostro accounts, and time-zone mismatches that cause multiday delays. Industry leader John Cho advocates for a multi-currency stablecoin ecosystem where local currency stablecoins complement USD stablecoins to prevent double foreign exchange conversions. The Friction of Foreign-Exchange Overhead For decades, the global financial plumbing that powers […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara28 Jul

The CLARITY Act Is at the One-Yard Line: Coinbase Says ‘It’s Time to Get It Over the Finish Line’

Coinbase CEO Brian Armstrong intensified pressure for a Senate vote, portraying the CLARITY Act as a bipartisan breakthrough that could strengthen consumer protections, law enforcement authority, and American leadership in digital assets. Armstrong Urges Senate to Advance the CLARITY Act Crypto exchange Coinbase (Nasdaq: COIN) CEO Brian Armstrong urged lawmakers in an X post on […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms28 Jul

Seven Fintech Firms Join Zimbabwe’s Sandbox as Digital Asset Tokenization Gains Traction

Zimbabwean regulator approved seven fintech solutions to test their products under its supervised regulatory sandbox framework. The selected cohort includes blockchain platforms, synthetic trading, crowdfunding, and tokenization services. Controlled Environment for Innovation The Securities and Exchange Commission of Zimbabwe (SECZ) has announced the approval of seven financial technology, or fintech, solutions to participate in its […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara28 Jul

Kraken Parent Payward Acquires Magic Wallet, Adding Technology Behind 60M Wallets

Payward has agreed to acquire Magic Labs’ wallet-as-a-service business, adding embedded, non-custodial wallets to the infrastructure platform behind Kraken. The deal brings technology used to create more than 60 million wallets into Payward’s expanding enterprise product suite. Newton Labs Sells Magic Wallet Business to Focus Fully on Onchain Authorization Payward, the parent company of crypto […]

Bitcoin.com NewsBitcoin.com NewsEmmanuel Musa27 Jul

Brian Armstrong Says AI Agents Will Make Crypto More Important for Global Payments

Coinbase CEO Brian Armstrong says artificial intelligence will strengthen crypto’s role rather than replace it. He expects autonomous agents to rely on stablecoins and blockchain networks for payments, trading and financial services. Coinbase Bets AI Agents Will Use USDC, Base and x402 for Machine-Speed Payments Coinbase co-founder and CEO Brian Armstrong has rejected the idea […]

Bitcoin.com NewsBitcoin.com NewsEmmanuel Musa27 Jul

Franklin Templeton Joins Blackrock, Fidelity, Goldman Sachs in Backing CLARITY Act

Franklin Templeton has joined Blackrock, Fidelity, and Goldman Sachs in supporting the CLARITY Act, strengthening Wall Street’s push for federal crypto rules as senators review updated legislation before a potential floor vote. Franklin Templeton Adds to Wall Street’s CLARITY Act Support Financial giant Franklin Templeton, a subsidiary of Franklin Resources Inc. (NYSE: BEN), announced its […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms27 Jul

Pennsylvania Bill Could Shut Sportsbooks Out of Prediction-Market Making

A bipartisan Pennsylvania bill would impose insider-trading rules and consumer protections on prediction markets while blocking gambling companies from supplying their liquidity. The restriction could disrupt market-making strategies pursued by Draftkings, Flutter and other sportsbook groups expanding into federally regulated event contracts. A liquidity restriction aimed at gambling companies A bipartisan group of Pennsylvania lawmakers […]

Bitcoin.com NewsBitcoin.com NewsLuci Kelemen27 Jul

Bitcoin Traders Face $75M in Liquidations After Three Failed Attempts to Clear $65,600

Bitcoin experienced sharp volatility on Monday, repeatedly failing to break past $65,500 resistance despite cooling Middle East tensions, leaving its price flat and wiping out $75 million in leveraged trades. Rejections at $65,500 Resistance Drag Prices Lower Bitcoin showed its volatility again on Monday, experiencing two sharp price swings even as tensions in the Middle […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara27 Jul