CRYPTOCURRENCY LEGISLATION
Bitcoin rises to record $109,730 on optimism over US regulation
Bitcoin surged to a record high of $109,730, fueled by optimism surrounding stablecoin legislation in the US Senate and a perceived shift in regulatory approach under a potential Trump administration. The proposed bill, revised to include stricter anti-money laundering measures and consumer protections, has ignited market enthusiasm.
Oasis releases extra tickets before reunion tour: How to get one if didn't get a new Ticketmaster code today
Oasis fans are excited about a limited ticket release for their 2025 reunion tour. Select fans received emails for a final chance to buy tickets. This is for the Gallagher brothers' first performance in 16 years. Bassist Andy Bell confirms his participation in the tour. The Oasis Live '25 Tour starts on July 4 in Cardiff.
Sean ‘Diddy’ Combs' disturbing hotel revelations: Baby oil, mood lightning, mystery powder and more
Shocking details emerged in Sean Diddy Combs' federal trial as agents testified about a raid on his NYC hotel room. Baby oil, lubricant, drugs, and $9,000 cash were discovered, raising questions about Combs' activities. The testimony included details about "freak offs" and alleged drug use, as Combs faces sex trafficking charges.
Is the GENIUS Act an answer to Stablecoin regulation in the US? All about first-of-its-kind cryptocurrency legislation
The US Senate has advanced the GENIUS Act, a bipartisan bill aimed at regulating stablecoins, with a 66-32 vote. This significant step towards formal oversight of the digital asset space establishes a regulatory framework for stablecoin issuers. The legislation seeks to balance consumer protection and innovation in the rapidly growing stablecoin market, now approaching $250 billion.
Trump's 'One Big Beautiful Bill Act': How remittance tax plan might deliver a big economic blow to US allies?
Trump's 'One Big Beautiful Bill Act'': A new US bill proposes a 5% tax on money sent from the US to other countries. This targets non-citizens and foreign nationals. It could impact countries like El Salvador, Honduras, and Guatemala. Mexico opposes the tax, citing its impact on vulnerable workers. The bill may face legal and logistical challenges. It could also affect Indians living in the US.
Crypto divide in the Senate: Democrats clash as Trump pushes forward on Stablecoin Bill
The Senate moves closer to enacting stablecoin regulation with bipartisan support, though deep fractures emerged within the Democratic Party. As President Trump champions digital assets, lawmakers spar over corruption, oversight, and crypto’s future. With House approval looming, Washington edges toward legitimizing stablecoins in a post-regulatory Wild West
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Crypto memecoin $TRUMP dinner blurs lines between profit and politics
Launched hours before his January inauguration, the $TRUMP memecoin is only one example of the Trump family's ever-expanding moves into cryptocurrency. Much of the crypto industry frowns upon these coins or tokens, fearing they tarnish the sector's credibility, amid reports of quick pump-and-dump schemes that leave unwitting buyers paying for assets that end up worthless.
World leader in digital assets? Toronto emerges as a global blockchain hotspot as Canada’s steady crypto rules outpace America’s political gridlock
Canada emerges as a frontrunner in crypto and blockchain. Toronto becomes a hub for innovation due to clear regulations. Robinhood acquires WonderFi to tap into the Canadian market. JPMorgan, Ondo, and Chainlink plan a $100 billion blockchain platform. This platform will tokenize real-world assets. The collaboration aims to bridge traditional finance with blockchain technology.
Bitcoin holds above $102,000 as traders await fresh cues amid cooling inflation
Bitcoin experienced a slight dip, trading around $102,263, while Ethereum fell to $2,569, impacting the broader crypto market. The earlier rally, fueled by cooling inflation data and easing U.S.-China tariff tensions, has paused as investors await further macroeconomic cues. Market sentiment remains positive, supported by institutional developments and anticipation of upcoming crypto legislation.
Donald Trump family Bitcoin company announces plan to go public
American Bitcoin was started in late March, when Trump and his older brother, Donald Trump Jr., announced that they were joining forces with a bitcoin mining firm called Hut 8. Bitcoin mining is a vital branch of the crypto industry, in which major companies, many of them publicly traded, run energy-guzzling data centers to process bitcoin transactions.
Buyers of $TRUMP meme spent $148 million to win dinner with president Trump
The coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Monday, as the contest ended, $TRUMP was trading around $14. The top holder of $TRUMP meme coins on the leaderboard was a wallet called "SUN" with nearly $18.5 million worth of the coin in time weighted holdings.
David Do exposed: the man behind MrDeepFakes and the global deepfake pornography crisis
David Do, a key figure behind MrDeepFakes -the world’s largest deepfake pornography website - has been exposed. His alleged role in distributing AI-generated explicit content marks a major development in the battle against non consensual deepfake abuse. With the site shutting down, questions mount over accountability, regulation, and digital privacy in the AI era.
Trump's crypto ventures cause tensions to bubble over as Democratic lawmaker scuttles key hearing
Although Congress had appeared likely earlier this year to pass legislation governing digital assets for the first time, Democrats have grown increasingly frustrated as Republican Trump and his family members have promoted their personal crypto projects.
UK sets out new cryptoasset rules to boost investor confidence
Britain will introduce new rules to regulate cryptoassets like Bitcoin and Ethereum, aiming to boost investor confidence and curb misuse. The finance ministry said crypto exchanges and dealers will fall under regulatory oversight to crack down on bad actors while encouraging responsible innovation in the growing digital asset space.
Crypto’s new prince? Donald Trump’s 29-year-old whiz kid Bo Hines is shaking up policy and drawing billionaire backers with bold plans
Bo Hines, a former college football player, now shapes US crypto policy under President Trump. Trump aims for crypto-friendly rules, reversing Biden's approach. Hines is meeting with industry leaders like Ripple's Brad Garlinghouse. Dismissal of SEC lawsuits against Coinbase and Ripple are some achievements. Hines prioritizes stablecoin regulation and seeks bipartisan support. Trump wants crypto legislation signed by August.
How the crypto industry's political spending is paying off
Since President Donald Trump's inauguration, the Securities and Exchange Commission has dropped lawsuits against major crypto firms such as Coinbase and Kraken, lifting a legal cloud over the industry. An investor in crypto, Trump signed an executive order last month calling for the creation of a national crypto reserve -- a government stockpile containing bitcoin and other digital currencies.
Regulation or revolution? What Trump's bitcoin move means for Indian policy
US President Donald Trump’s move to establish a Bitcoin Strategic Reserve has intensified global discussions on crypto regulation. This could influence India’s policymaking, given its high Bitcoin adoption rate but restrictive taxation. A shift in stance could enhance India's position in the digital asset economy.
Trump's crypto empire set to expand with new stablecoin and investment fund offerings
Donald Trump’s crypto ventures expand with a new dollar-backed stablecoin and investment funds. His company, World Liberty Financial, aims to capitalize on the growing stablecoin market, while Trump Media partners with Crypto.com to launch crypto-focused ETFs.
Crypto price today: Bitcoin falls below $84k as geopolitical tensions rise
Bitcoin and major cryptos fell amid geopolitical tensions and US tariff concerns. Central banks held rates steady. Trump reiterated pro-crypto stance, but sentiment remained cautious. Altcoins also declined as investors sought safe-haven assets.
Who is Kelly Loeffler, the Administrator of the Small Business Administration in Donald Trump's Cabinet?
US President Donald Trump has chosen former Senator Kelly Loeffler to head the Small Business Administration. Her background in business and politics is expected to aid in reducing bureaucratic barriers, promoting small business growth, and ensuring SBA accountability to taxpayers by minimizing waste, fraud, and regulatory excess.
Now a believer, Trump hosts White House crypto summit
Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has struggled to gain legitimacy and where the Republican president faces conflict of interest concerns.
'Crypto Czar', Silicon Valley investors to meet Donald Trump. Big Cryptocurrency order coming soon?
US President Donald Trump is reportedly meeting top Cryptocurrency investors.
Trump to host crypto titans at White House summit, pledges to make US a crypto superpower
US President Donald Trump will host a White House summit to support the crypto industry, including top figures like David Sacks and the Winklevoss twins. His administration aims to provide regulatory clarity and legitimacy, despite past controversies and potential conflicts of interest.
Explainer: How would a US crypto strategic reserve work?
Donald Trump signed an executive order in January for the creation of a digital asset working group to explore the possibility of a strategic bitcoin reserve. Trump had directed the group to turn in a report by July addressing criteria for such a stockpile, potentially derived from cryptocurrencies seized by the federal government.
US congressional committee set to weigh crypto bills
Among the legislation the House Financial Services Committee is scheduled to consider is a bill that would define when a cryptocurrency is a security or a commodity and another that would establish a regime to oversee stablecoins.
US House panel to vote on cryptocurrency bill in coming weeks: lawmaker
Crypto firms have been clamoring for such clarity from Congress, particularly as the Securities and Exchange Commission has taken a harder line, arguing most major crypto products are securities that must be registered and suing major exchanges
RBI seeks a crypto ban but it needs global collaboration, says Nirmala Sitharaman
The Reserve Bank of India (RBI) has recommended the government to frame regulations for cryptocurrency and ban it, finance minister Nirmala Sitharaman said in the parliament on Monday (July 18). She further added that the government believes that a “global collaboration” is needed for any effective regulation or ban on cryptocurrency as the digital currency is borderless in nature.
Russian finance ministry to consider central bank proposals on cryptocurrencies
The Bank of Russia has proposed banning cryptocurrency trading and mining due to the threat digital currencies pose to financial stability. But the finance ministry prefers legislation that regulates cryptocurrencies, allowing them as an investment tool, but not as a means of payment.
Existing laws inadequate to deal with crypto: Govt
The government on Tuesday said that existing laws are inadequate to deal with cryptocurrency. It has proposed to introduce a legislation to keep an eye on the instrument that is offering among the highest returns to investors.
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