Category: crypto

Vietnam has not yet issued any crypto exchange licenses, but five companies have passed an initial assessment. Applicants must have 10 trillion dong in capital and Level 4 security certification. Decree 284 establishes penalties for crypto market violations. Domestic traders will not face fines until the first service provider is licensed.

Solana Foundation Vice President of Technology Jacob Creech outlined upcoming upgrades for Solana on Aug. 30. Transaction V1 will be activated on Sept. 9, increasing transaction size to 4,096 bytes. The first stage of a network rent reduction will begin the week of Aug. 31. Plans for further slot time reductions and the Alpenglow upgrade…

OCEAN co-founder Luke Dashjr resigned as chairman, chief technology officer, and director through a mutual separation agreement with parent company Mummolin Inc. Mummolin repurchased all of Dashjr’s equity, ending his ownership interest in the Bitcoin mining pool entirely. Dashjr will establish CONVOY to promote decentralized Bitcoin mining, with launch details undisclosed.

Bitcoin’s realized capitalization increased by over $4.6 billion in a week, reflecting a surge in liquidity and supporting its price increase from around $63,000 to above $80,000. The growth in realized cap does not necessarily indicate new money entering the market, as it can also be affected by existing investors moving coins. ETF demand also…

Ripple has hired Joseph Thompson from the London Metal Exchange to join its trading and markets team, focusing on tokenization strategy. Thompson brings experience in treasury operations and risk management. Ripple has expanded into various financial services, including custody, stablecoins, and institutional trading. Thompson’s role does not involve XRP-related products.

Ripple pledged $300,000 for flood relief in Nepal and Tibet, supporting World Central Kitchen and Mercy Corps. The organizations are providing meals, clean water, and sanitation support to affected communities. Over 750 deaths and 3,000 missing people were reported across the two regions. Rescue operations are facing challenges due to damaged infrastructure.

Cumulative stablecoin card spending has exceeded $10.9 billion globally, with July 2026 marking a record month with over $1 billion spent. RedotPay predicts annual spending to reach $50 billion by 2028. Visa has expanded stablecoin-linked card access to over 175 million locations. Stablecoin cards allow for traditional card payments using cryptocurrencies.

A federal appeals court ruled that Nevada’s regulation of sports-event contracts was not likely preempted by federal commodities law. The decision allows Nevada to enforce state requirements on sports contracts while litigation continues. The ruling also raises concerns under the major-questions doctrine but does not invalidate the CFTC’s proposed event-contract rules.

Bitcoin’s rise from $63,500 to above $80,000 was driven by spot buying rather than new leveraged positions, according to QCP Capital. Spot ETFs attracted $2.8 billion during the rally, while futures open interest declined. U.S. spot Bitcoin ETFs saw outflows, while Treasury will double long-end buybacks to $4 billion per operation.

Sberbank plans to accept Bitcoin, Ethereum, and USDT as collateral for loans once regulatory approval is obtained. The new crypto market framework in Russia goes into effect on September 1, 2026, allowing for regulated transactions through approved intermediaries. Sberbank is preparing infrastructure for regulated cryptocurrency trading and custody.