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Japan passes the crypto law traders wanted but its 20% tax could still wait until 2028
Japan’s House of Councilors approved Cabinet Bill 57 by majority vote on July 15, completing Diet passage of legislation that will move regulated crypto activity into the Financial Instruments and Exchange Act. The legal framework is now in place, but traders may still wait until 2027 or 2028 for the new market rules and 20%…
BitPay secures Dutch licensing under MiCA, plans to expand stablecoin payments
The Dutch Authority for the Financial Markets approved BitPay’s application as a crypto-asset service provider under the Markets in Crypto-Assets requirements.
SWIFT Crypto Ledger Targets Settlement Dead Zones With 17-Bank Go-Live
SWIFT is taking its biggest step into crypto after confirming its blockchain-based shared ledger is ready for initial use. Built on Hyperledger Besu over nine months, the network will let 17 major banks, including HSBC, Citi, UBS, BNP Paribas, DBS, ANZ, and Standard Chartered, pilot live cross-border payments using tokenized deposits. The rollout moves beyond…
Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB) and Zcash (ZEC) Price Analysis for June 13: Outliers Gain More Traction
Following a violent selloff that drove the price of the cryptocurrency from the $82,000 range to $59,000, it is now trying to stabilize. Although Bitcoin has recently risen above $64,000, the larger technical structure is still negative. The recovery from the local bottom established in early July is the most noteworthy development. In the vicinity…
Crypto wallet integrated with Telegram introduces crypto trading and yield features
Telegram’s crypto wallet, developed by a third-party company called The Open Platform (TOP), has introduced new features for people who don’t just use Telegram as a messaging app. The updates include multi-asset trading and yield functionalities. Based on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million users…
Inside U.S. Government’s $20.6B crypto wallet stash and what comes next
On the 14th of July, the US government transferred about $288.33 million worth of Bitcoin and Ethereum to Coinbase Prime. According to Arkham Intelligence, the deposits were linked to three different criminal forfeiture cases. Source: Arkham Among them were darknet drug trafficker Ryan Farace (“Xanaxman”), the now-defunct exchange BTC-e, and Brian Krewson, a former Oracle…