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The United Nations Development Programme (UNDP) successfully expanded the Stellar blockchain into a global standard tool, after reducing the cost of distributing aid in Syria from 10% to 2%.
The United Nations Development Programme (UNDP) has just announced a new agreement with the Stellar Development Foundation to make the Stellar blockchain the standard payments tool for aid across all national offices, marking an important shift after nearly two years of field testing.

KCSC South Korea delays ban on Polymarket, allowing presentations before a decision is made, as global trading volume reaches 51 billion USD in 2025.
The Korea Communications Standards Commission (KCSC), South Korea’s regulator of harmful online content, said on July 6 that it will conduct a thorough review before deciding whether to restrict South Koreans’ access to Polymarket, and will grant the crypto asset prediction market platform an opportunity to present its official arguments.

The U.S. Department of Commerce and the Treasury disagree over oversight of $21.1 billion in Bitcoin, causing the plan to set up a strategic reserve fund to stall.
The efforts by the administration of U.S. President Donald Trump to establish a strategic Bitcoin reserve are facing significant obstacles, as the Department of Commerce and the Treasury disagree over how to structure the reserve fund and which agency should have primary oversight over the amount of Bitcoin held, according to a Bloomberg report on Monday citing people familiar with the matter.

The Supreme Court of South Korea proposes detailed regulations on the seizure and liquidation of cryptocurrency assets, expected to take effect from October after collecting public feedback until 11/8.
The Supreme Court of South Korea has just proposed a series of legal amendments to establish detailed procedures for the seizure and liquidation of cryptocurrency assets, according to a report from the local news agency Newsis.
This move is intended to formalize how courts implement rulings related to cryptocurrency assets, amid a growing number of civil cases involving such assets in the country, requiring a clearer and more uniform legal framework than the current regulations, which mainly apply to traditional assets.

Sberbank, the largest bank in Russia, is expected to launch a crypto asset wallet and digital custody on 1/12 after the crypto asset law takes effect on 1/9.
Sberbank, the largest bank in Russia by total assets, is planning to integrate a crypto asset wallet with its crypto asset custody system into its mobile applications, right after the new legal framework for crypto assets in Russia is expected to take effect next month in September.

Strategy sells 3,588 BTC for $216 million to pay dividends, amid an $8.3 billion quarterly loss and a 26% drop in the stock within the month.
Strategy, the company led by Michael Saylor that holds the largest Bitcoin stake within the corporate group, has just sold 3,588 BTC over the past week, raising about $216 million, according to a disclosure released on Monday. The proceeds will be used to pay dividends for the company’s preferred shares and to add to its USD reserves, which stood at $2.55 billion as of July 5.

Ripple was licensed by Luxembourg for CASP under MiCA, expanding its crypto-asset services to 30 EEA countries, bringing the total number of global licenses to over 75.
Ripple, a digital asset infrastructure company headquartered in San Francisco, has officially received a Crypto Asset Service Provider (CASP) license from the Luxembourg Financial Sector Supervisory Commission, completing the entire approval process under the EU’s Markets in Crypto-Assets (MiCA) Regulation framework.

BitMine raised its treasury to nearly $10 billion in ETH, staking 85% of its holdings, while Strategy sold $216 million in BTC to pay dividends.
BitMine Immersion Technologies, a publicly listed Ethereum treasury company led by Chairman Tom Lee, continues to push its ETH accumulation strategy by adding approximately $73 million over the past week, a significant increase from the $43 million in the previous week.
This development contrasts with the move by Strategy, the largest Bitcoin treasury company, when it sold $216 million worth of BTC to meet dividend payment obligations, showing a clear divergence in digital asset management strategies between the two market-leading institutions.

BonkDAO’s treasury wallet was drained of $20 million through a malicious governance proposal, causing the BONK token to drop 7% and prompting multiple exchanges to temporarily halt trading.
BonkDAO, a decentralized autonomous organization tied to the famous Bonk meme coin on the Solana ecosystem, has just become a victim of a governance attack described as “malicious,” causing about $20 million to be withdrawn from the organization’s treasury.
The development team said it is coordinating with centralized exchanges, cross-network bridges, and the Solana Foundation to handle the incident, while also confirming that it has reported the matter to law enforcement and continues investigating to recover assets and identify the relevant parties.

ECB, BoE and FCA officials warn that AI is developing faster than regulations, with AI agent trading that could reach 5 trillion USD by 2030.
Central banks and top financial regulators in Europe have just issued a warning that the pace of artificial intelligence (AI) development is far outstripping the ability of existing regulatory frameworks to adapt, creating new risks to the stability of financial markets, even though this technology is still viewed as an important driver of productivity across the industry.

Ondo Finance partners with Broadridge to enable holders of more than 250 tokenized securities to vote by proxy, as this market reaches $1.67 billion in value.
Ondo Finance has just announced a partnership with financial infrastructure provider Broadridge to add shareholder voting rights for its tokenized stocks and exchange-traded funds (ETFs), thereby addressing one of the key limitations of blockchain-based securities.

Brazilian federal police seized about $2 billion in a campaign called “Exchange,” a few days after the U.S. sanctioned two citizens and four companies linked to the PCC.
Brazilian Federal Police have just carried out a major operation named “Exchange,” seizing assets worth around $2 billion as part of an investigation into drug trafficking and money laundering.
The operation mobilized more than 50 officers across the state of São Paulo, executing 13 search warrants and seizing them along with 11 temporary arrest warrants, targeting a money-laundering network linked to drug trafficking activities. A federal court in São Paulo ordered the seizure of assets, valuables, and encrypted assets belonging to the suspects after initial analysis found transactions exceeding $1.92 billion.

SEC Chair Paul Atkins is advancing Project Crypto, building a clear legal framework based on Howey-style testing, and categorizing digital assets into five groups to reverse the wave of companies leaving the U.S.
The U.S. Securities and Exchange Commission (SEC) is continuing to intensify its Project Crypto initiative, a highly ambitious effort aimed at reversing many years of digital-asset companies relocating their operations abroad due to regulatory uncertainty.

CEO of Tether, Paolo Ardoino, warns about Big Tech’s AI infrastructure spending, which is based on subsidized hardware costs and depreciation losses over the next 3–5 years, while JPMorgan forecasts that global AI capital expenditure will reach $5.5 trillion by 2030.
Tether CEO Paolo Ardoino has just issued a warning on X about four structural phase-misalignment points that are threatening the current wave of AI infrastructure spending. According to him, AI companies are subsidizing computing capacity to attract more users, while heavy investment in infrastructure only has a lifecycle of three to five years.

Adjusted stablecoin trading volume reached 1.79 trillion USD in June, up 63% from May, surpassing the previous record despite the overall crypto asset market declining.
Adjusted stablecoin trading volume hit a record high of 1.79 trillion USD in June, up 63% from the 1.1 trillion USD level in May, according to data from payments group Visa. The figure exceeded the previous record of 1.78 trillion USD recorded in February, while also rising 125% year over year, based on Visa’s stablecoin analytics dashboard operated by Allium.

Revolut announced that it will completely remove Tether (USDT) from its platform before 31/8/2026, stop purchases starting 6/7, in line with the EU’s MiCA compliance trend.
According to a screenshot of a notification sent to customers that many crypto asset users have shared on X, Revolut is expected to remove Tether (USDT) from its crypto asset services lineup.
A financial technology company headquartered in the United Kingdom said it will complete the removal of this stablecoin at 12:00 noon GMT on 31/8/2026. After that time, users will no longer be able to hold USDT balances in their accounts. Customers who want to keep or liquidate their holdings are advised to act early by selling USDT via Revolut or withdrawing it to an external crypto wallet.

The South African Revenue Service (SARS) proposes tax guidance for crypto assets under existing law, affecting 5.8 million people holding crypto assets, with comments due by 31/8.
The South African Revenue Service (SARS) has just released draft guidance to clarify how crypto assets are taxed under the current legal framework, primarily based on the Income Tax Act of 1962 and the capital gains tax regulations.

Co-founded Perplexity, Andy Konwinski, used the Claude Fable 5 incident to deliberately lower the quality of responses to the rival as evidence for the argument that AI safety is being exploited to concentrate power in the hands of a few labs.
A seemingly minor incident in the AI industry is being pushed into the spotlight of a bigger debate about who has the authority to decide the future of this foundational technology.