A group of Senate Democrats has probed Federal Housing Finance Agency director William Pulte over his order to propose how to consider crypto in mortgage applications. Source: cointelegraph.com (Read Full Article)
Europe risks USD dominance without common stablecoin rules: ECB adviser
The US Genius Act is similar to Europe’s MiCA in spirit, but also is “more lenient” in some areas, ECB adviser Jürgen Schaaf said. Source: cointelegraph.com (Read Full Article)
Big brands are sleepwalking when it comes to stablecoins
With Amazon and Walmart exploring stablecoins, institutions may be underestimating potential exposure of customer data on blockchains, posing risks to privacy and brand trust. Source: cointelegraph.com (Read Full Article)
Anti-CBDC bill could curb Fed’s power over digital dollar, sponsor says
The US House of Representatives will be in recess for the month of August, but the Senate still has a week of business to address two crypto bills before breaking. Source: cointelegraph.com (Read Full Article)
Trump’s Truth Social Bitcoin ETF among multiple crypto funds delayed by SEC
The SEC delayed decisions on the Truth Social Bitcoin ETF and Grayscale’s Solana Trust, extending review periods as the US Congress moves with crypto regulation. Source: cointelegraph.com (Read Full Article)
US seeks to claim $2.4M in Bitcoin seized from ransomware group
The US is seeking the forfeiture of 20.2 BTC seized by the Dallas FBI from the Chaos ransomware group, adding to the country’s proposed Strategic Bitcoin Reserve. Source: cointelegraph.com (Read Full Article)
Cboe files to list staked Injective ETF from Canary Capital
The Cboe has filed to list Canary Capital’s staked Injective ETF, potentially making it the third staked crypto ETF following Solana and Ether. Source: cointelegraph.com (Read Full Article)
Hong Kong finalizes stablecoin rules, launches public registry
The HKMA completed stablecoin regulations set to take effect Aug. 1, warning no licenses have been issued and urging caution against hype and scams. Source: cointelegraph.com (Read Full Article)
China’s JD.com registers ‘Jcoin’ ahead of Hong Kong stablecoin regime
China’s JD.com announced plans for a Hong Kong dollar stablecoin last summer and is now expected to be among the first issuers under HKMA’s stablecoin regime. Source: cointelegraph.com (Read Full Article)
Corporations have acquired 1% of Ether supply: Standard Chartered
Corporations have accumulated 1% of all Ether since June, with Standard Chartered forecasting 10% ownership as institutional appetite for ETH continues to grow. Source: cointelegraph.com (Read Full Article)