Russia’s First Comprehensive Crypto Law Is Two Votes Away From Passing

CleanSpark, the Nasdaq-listed bitcoin miner, said on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia.  The deal marks the firm’s largest step from pure bitcoin mining toward high-performance computing for hyperscale clients. The lease covers data center infrastructure that will…

A Long Island bus company owner has admitted to orchestrating a multi-million-dollar bank fraud conspiracy. The U.S. Attorney’s Office for the Eastern District of New York says John Mensch rapidly wrote and deposited worthless checks between accounts at two local banks. Using special privileges that let him access his money immediately, he tricked the banks…

The American Bankers Association, the Independent Community Bankers of America and 76 state banking associations have again written to senators outlining their concerns about the wording of stablecoin rewards in the Clarity Act. The latest draft of the bill may be released in the next few days, with a push to get a Senate vote…

The UK Parliament’s Crypto and Digital Assets All-Party Parliamentary Group has launched a formal inquiry into why banks refuse to open accounts and block payments for crypto businesses. Written evidence will be accepted until August 31, while the group aims to publish recommendations before the FCA’s mandatory crypto regime begins in October 2027. The move…

Key Takeaways: Swift has enabled its ledger, and 17 major banks are looking forward to testing out cross-border payments tokenized. The platform allows for direct 24/7 transfers between the money and the tokenized deposits, and preserve the same banking compliance and settlement processes. The move is among the stiffest challenges by traditional finance to the…

[Photo: Dunamu] Dunamu is expanding its search for developers and startup teams to work in its proprietary Web3 infrastructure, GIWA, ecosystem. Dunamu, the operator of Upbit, said on July 20 it will accept additional applications until the end of this month for its GASOK programme for builders, developers and founders. GIWA is a Web3 infrastructure…