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EU speeds up digital euro plans after US stablecoin law
Aug 22,2025
The European Union is accelerating work on a digital euro after the United States introduced new legislation to regulate the$288 billion stablecoin market. Brussels officials warn the euro may lose ground to dollar-backed tokens without swift action....
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Brazil examines legislation for national Bitcoin reserve
Aug 22,2025
Brazil's Chamber of Deputies Economic Development Commission will hold its first hearing on 20 August to examine a proposal to establish a Bitcoin Strategic Reserve. The legislation aims to diversify Treasury assets and protect reserves from currency...
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Coinbase pushes stablecoins as AI payment backbone
Aug 22,2025
Coinbase positions stablecoins at the heart of AI-powered apps, bots, and machines. Over a sweltering August weekend in Brooklyn, around 100 developers from across the globe built tools enabling software to send and receive payments using these digit...
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Fed urges banks to embrace blockchain innovation
Aug 22,2025
Federal Reserve Vice Chair for Supervision Michelle Bowman has warned that banks must embrace blockchain technology or risk fading into irrelevance. At the Wyoming Blockchain Symposium on 19 August, she urged banks and regulators to drop caution and ...
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Crypto executives urged UK to create national stablecoin strategy
Aug 21,2025
Thirty crypto executives have urged Finance Minister Rachel Reeves to adopt a national stablecoin strategy, warning the UK could fall behind faster-moving markets. Their letter warned that the UK could remain a 'rule-taker' in digital assets without ...
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Bitcoin and Ether fall ahead of Fed speech
Aug 21,2025
Bitcoin and Ether fell on Tuesday as traders took profits following a recent market rally and positioned themselves ahead of upcoming macroeconomic events. Bitcoin dropped 2.78% to$113,234, briefly trading as low as$112,709, while Ether fell 5.44% to...
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UK colleges hit by phishing incident
Aug 20,2025
Weymouth and Kingston Maurward College in Dorset is investigating a recent phishing attack that compromised several email accounts. The breach occurred on Friday, 15 August, during the summer holidays. Spam emails were sent from affected accounts, th...
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The first state to issue a government-backed stablecoin
Aug 20,2025
Wyoming has launched the Frontier Stable Token (FRNT), becoming the first US state to issue a government-backed stablecoin. The initiative aims to modernise payments for citizens and businesses, offering a secure and efficient way to transact. The to...
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India moves closer to crypto tax reform
Aug 19,2025
India's tax authority has formally engaged cryptocurrency platforms to gather feedback on how the country should regulate virtual digital assets (VDAs). The Central Board of Direct Taxes (CBDT) has issued a questionnaire, signalling plans to review c...
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Energy crisis in Iran sparks protests over crypto mining
Aug 18,2025
Iran's energy shortage has sparked public anger, with residents blaming crypto mining and government mismanagement for blackouts and water scarcity. Demonstrations have broken out across several towns, with protesters demanding accountability. The cr...
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Bitcoin case deepens in Czech politics with arrest
Aug 18,2025
Czech police have detained convicted drug trafficker Tomas Jirikovsky in connection with a$45 million Bitcoin donation that triggered a political crisis earlier this year. Assets linked to him were seized in raids by the National Centre for Combating...
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China shifts to cold storage for seized crypto
Aug 18,2025
Authorities in China's Guizhou Province have begun using joint custody centres and cold wallets to manage cryptocurrencies seized from unlawful activities, particularly in Duyun City. The move represents a strategic adjustment amid the country's ongo...
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