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Tokenized Bank Gain Favor Over Stablecoins, Says JPMorgan

JPMorgan believes that tokenized bank deposits are becoming preferred by global regulators more than stablecoins
ContentsRegulators Prefer Safer, Controlled Digital MoneyNon-Bearer Tokenized Deposits Gain Institutional BackingStablecoins Remain Key to Crypto LiquidityA new report by managing
OVER-7.18%
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Crypto Donations Spark Debate Over UK Political Funding Laws

In the United Kingdom, crypto donations are gradually being scrutinized further as government ministers are cautious of their possible abuse in politics
ContentsConcerns Over Traceability and TransparencyReform UK Faces Backlash for Accepting BitcoinGlobal Movement to Tighten Crypto Funding
SPK55.88%
OVER-7.18%
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PUMP Tokens to Users as One Whale Burns 10M Tokens

The PUMP token is, Native of pump.fun, started appearing in users’ wallets prior to its formal trading launch on July 15
ContentsTrading Launch Nears as Airdrops BeginWhale Mistakenly Burns 10M PUMPWhale Activity Rises Ahead of LaunchThe token was issued on Solana and attracted attention when
PUMP-12.76%
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Robinhood is under investigation over its crypto business in Florida - Coinfea

The Attorney General of Florida has opened an inquiry into Robinhood and its crypto business, alleging that the firm misled investors about the cost of trading digital assets. The firm has been accused of showcasing its application as the most inexpensive way of purchasing digital assets, a claim th
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Native Tokenization Gains as True On-Chain Securities Model

According to Securitize CEO Carlos Domingo, native tokenization is becoming the most legitimate way to represent securities on blockchain
ContentsSecuritize Pushes Native Tokenization ModelRegulatory Eyes on Synthetic ModelsPast Failures Signal Need for CautionHe says that the existing models do n
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Crypto Rules Divide US Senate as Lawmakers Over Regulation

On Wednesday, sharp divisions appeared in the US Senate with a hellish debate about crypto regulations
ContentsRepublicans Call for a Light-Touch ApproachDemocrats Push Back on Loopholes and RisksRepublicans Advance Legislative Efforts Despite DisputesAccording to what happened at the Senate
SENATE5.99%
OVER-7.18%
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Polymarket Challenges UMA Oracle Vote Over Market Dispute

Members of the Polymarket community have expressed grave issues over a new oracle ruling that was passed using the UMA protocol. The verdict has cost a large prediction market
ContentsControversy Surrounds Zelenskyy’s Suit MarketGovernance Concerns and Whale InfluenceCall for Oracle System
UMA12.32%
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Vitalik Buterin Rethinks Open Source Licensing in Push for Copyleft Approach - Coinfea

In his recent appeal to the crypto community, Vitalik Buterin has urged crypto adherents and innovators to move towards copyleft open-source licenses since the current rise in concentration of power in the tech industry and the blockchain sphere necessitates the use of legal channels that would
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Shenzhen government warns of new wave of stablecoins scams - Coinfea

The Shenzhen government has warned the public of the rise of a new wave of stablecoins scams in China. The growing adoption of stablecoins has necessitated the rise of more issuers, with some generating fraudulent assets with no backing. Stablecoins have been known to inspire confidence due to
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US Secret Service Uncovers $400M Cryptocurrency Scam Network - Coinfea

Investigators in the US Secret Service have seized almost $400 million in digital assets associated with cybercrime networks, a big leap forward in enforcing cryptocurrencies worldwide
ContentsScams Begin with Friendly Conversations and
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United Kingdom wants to fine crypto tax evaders - Coinfea

The UK is implementing new rules to fine crypto traders evading taxes, requiring accurate reporting from both users and service providers. The measures aim to raise significant revenue by cracking down on tax evasion.
ai-iconThe abstract is generated by AI
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Elon Musk Unveils ‘America Party’ Without Governors, Lawmakers, or Donors

The launching of a new political organization, the America Party, has made Elon Musk an official participant in the American political scene
ContentsMusk Pledges Personal Funding for Political ChallengesBallot Access Remains a Major BarrierA Focused Strategy on Key Congressional SeatsHe
ELON-1.63%
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Bitcoin Volatility Hits 20-Month Low as ETF Inflows Approach $50 Billion

Bitcoin's volatility has reached a 20-month low, driven by institutional interest and record ETF inflows nearing $50 billion. Despite declining on-chain activity, major investors remain bullish, with Robert Kiyosaki predicting significant future gains.
ai-iconThe abstract is generated by AI
BTC-0.86%
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Sweden wants tighter crypto seizures under new forfeiture law - Coinfea

Lawmakers in Sweden are advocating for the increased use of new forfeiture laws that allow authorities to seize digital assets without proof of wrongdoing. This initiative aims to combat crime effectively, including money laundering and drug trafficking.
ai-iconThe abstract is generated by AI
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Trump Approves Sweeping $3.4 trillion budget bill, calling it ‘Big and Beautiful’

As a milestone of his second term, Trump signed a massive $3.4 trillion budget package into law. Passed right before the Independence Day deadline, the bill fulfills some of the critical 2024 campaign pledges, like tax relief, immigration enforcement, and federal program cuts.
ContentsRepublican
TRUMP-7.28%
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