Category: crypto

Japanese Prime Minister Sanae Takaichi expressed government support for startups and Web3 at WebX 2026 in Tokyo. She emphasized increased funding, regulatory changes, and investor access for startups. The government aims to raise annual startup investment to 10 trillion yen by 2027. Crypto tax reform and private grants are also advancing alongside broader national startup…

BlackRock’s BUIDL assets on Avalanche have doubled in one week, reaching over $900 million. This makes Avalanche the second-largest BUIDL allocation after Ethereum. The total value of BUIDL across networks is now about $2.87 billion. BUIDL offers on-chain Treasury access and has expanded to various blockchain environments.

Thailand’s central bank will require source checks for cash deposits of five million baht or more, as part of a campaign against hidden capital flows. Officials are also reviewing large USDT transactions to trace beneficial owners and ensure compliance with local rules. Existing withdrawal controls will be expanded to deposits, and the SEC will handle…

The Cambridge Centre for Alternative Finance estimates Ethereum’s annual electricity consumption at 7.87 gigawatt-hours and emissions of 2.37 kilotonnes of carbon dioxide equivalent. Ethereum ranks second-lowest in energy intensity among proof-of-stake blockchains when adjusted for market value. The network experienced a significant reduction in power demand after transitioning to proof-of-stake.

Pakistan’s Virtual Assets Regulatory Authority Chairman Bilal bin Saqib seeks further discussion on digital assets under Islamic law after meeting with scholar Mufti Taqi Usmani. Both aim to protect Pakistanis from fraud and financial harm. Usmani’s ruling rejects crypto purchases, adding religious concerns to Pakistan’s regulated virtual asset sector.

The stablecoin market has lost $10 billion since May, with a $7.7 billion decline in June – the largest monthly drop since 2022. USDT and USDC lead the reduction in supply. Despite this, tokenized assets are growing. The market remains near $312 billion, with USDT controlling 59%. Transaction volumes remain strong. Regulatory changes and new…

EDX Markets secured $76 million in funding led by SBI Holdings to expand institutional crypto trading globally. The company plans to enhance trading services, product development, and operations outside the US. SBI acted as the sole investor in the equity round. EDX aims to improve its infrastructure and seek a trust bank charter.

Coinbase Chief Policy Officer Faryar Shirzad supports the CLARITY Act, saying it would strengthen U.S. national security by applying bank-style AML rules to crypto businesses. However, Senator Elizabeth Warren and others warn that the bill could leave loopholes for sanctions evasion. The Senate aims to pass a merged draft before recess.

Michael Saylor describes Bitcoin as a network with holders, nodes, and miners each holding different amounts of power. He opposes BIP 110, a proposal that could change consensus rules. Saylor’s company, Strategy, sold BTC recently, showing how corporate capital can influence the network. Bitcoin governance involves various participants coordinating decisions.

Ripple CEO Brad Garlinghouse considered shutting down the company after the SEC lawsuit in December 2020. They discussed distributing XRP to shareholders but ultimately chose to fight the case. The lawsuit changed how Ripple could sell XRP, resulting in a penalty and restrictions. The case ended in 2025, with Ripple expanding internationally.