Key Takeaways Brazil’s central bank argued stablecoins are electronic money, setting the stage for strict new regulations. Crypto group Abcripto rejected this view, warning the classification will stifle local stablecoin adoption. The bank also aligned VASP oversight with securities rules, threatening smaller crypto firms with closure. Central Bank of Brazil pushes for electronic money regulation…
Key Takeaways Autonomous AI agents need programmable payment rails available around the clock. Agentic payments remain two to three years away from mainstream commercial use. A separate study found AI models favored bitcoin and stablecoins over traditional fiat in controlled monetary scenarios. Why Payment Infrastructure Is Becoming the Main Question AI and crypto payments are…
What was originally a routine announcement from the global exchange quickly escalated into renewed debate over one of crypto’s longest-running executive feuds, and accidentally placing the Philippines squarely at its center: On one side is Binance founder Changpeng “CZ” Zhao, who is attempting to formally re-enter Southeast Asia’s fastest-growing crypto market. On another is former…
Key Takeaways Gold recorded its first weekly gain in five weeks after softer U.S. jobs data altered rate expectations. Investors may have leaned too heavily into the Federal Reserve’s higher-for-longer interest rate narrative. The issue now centers on whether weakening data triggers a broader reassessment of monetary policy expectations. Why Did Gold Shift When the…
From an unprecedented multi-billion dollar public equity proposal by the world’s leading AI lab to game-changing consortium stablecoins shaking up legacy stock markets, here are the global crypto and tech stories you might have missed this week. 🤖 Artificial Intelligence & Machine Labor OpenAI has reportedly offered the U.S. government an equity stake in the…
Key Takeaways Strategy’s overhaul is designed to relieve near-term liquidity pressure while reducing the need for forced bitcoin sales. The plan includes a controversial BTC monetization tool that could permit limited sales if needed. New research suggests the company should focus on generating income from its bitcoin holdings rather than selling them. Why Selling Bitcoin…
Key Takeaways Visa, M-Pesa, and Onafriq launched a pilot in 2026 using stablecoins for mobile transactions in the DRC. Sub-Saharan remittances cost nearly 8%, making this blockchain initiative a major disruption for SWIFT. Next, partners like Yellow Card will test if digital dollars conflict with the Central Bank’s local franc push. Blockchain Meets Mobile Money…
Key Takeaways OKX launched a 20 USDT airdrop for earthquake victims, easing the financial burden on affected residents. Eligible La Guaira residents receive automatic credits, providing immediate crisis relief without hurdles. Following Binance’s $3M pledge, OKX’s move amplifies the role of crypto in global disaster relief efforts. OKX Opens Airdrop for Venezuelan Earthquake Victims OKX,…
Key Takeaways Bitcoin rebounded to $62,000 in early July after a sharp drop to a year-to-date low of $57,735. Crypto derivatives liquidations plunged to $31 million, stabilizing the broader $2.2 trillion market. An analyst warns a drop to $58,000 could trigger $2 billion in forced selling next. Liquidations Drop Sharply Amid Marginal Gains Bitcoin consolidated…
Key Takeaways NOBLE endorsed the Clarity Act on July 2, the first major law enforcement group to back the crypto bill. Senator Lummis is pressing for a July Senate vote, with a July 13-Aug. 7 window before the August recess. The bill needs 7 Democratic crossovers to reach 60 votes; Galaxy Research puts 2026 passage…
