Thailand’s central financial institution is contemplating measures requiring anybody depositing 5 million baht ($150,000) or extra in money to show the origin of the funds. This is a part of a fourth-quarter push that additionally places Tether (USDT) transactions beneath a joint audit with securities regulators. Why Thailand Is Watching USDT Bank of Thailand (BOT)…
A brand new International Monetary Fund (IMF) working paper finds greenback stablecoins can amplify foreign money runs in economies defending an overvalued fastened trade fee, turning fragmented parallel-market costs right into a single sign that lets households exit without delay. IMF researcher Brandon Joel Tan describes a state-dependent impact. Stablecoins increase welfare throughout calm intervals…
Senate Democrats have demanded committee hearings into the nationwide safety dangers posed by President Donald Trump’s crypto holdings, citing new disclosures that unnamed third events maintain a stake in his household’s crypto agency. The July 10 assertion was issued by the rating members of 5 Senate committees. They requested their respective panels to look at…
President Donald Trump has refused to signal a bipartisan housing invoice till the Senate passes his election overhaul, a standoff that tightens an already slender window for the CLARITY Act, crypto’s flagship market construction invoice. By elevating the SAVE America Act above all different enterprise, Trump has pressured crypto laws to compete for scarce ground…
Regulators have till July 18, 2026, to show the GENIUS Act from a statute into entry guidelines for stablecoin issuers that need a clear regulatory path into the US. That date is the Act’s one-year rulemaking deadline, not a blanket cutoff for customers or each restriction on issuers. Public Law 119-27 requires major federal fee…
Hong Kong’s securities regulator has banned one-time password logins for crypto buying and selling platforms. The rule targets phishing scams behind a surge within the area’s cybersecurity incidents. The Securities and Futures Commission issued a circular. It orders web brokers and crypto buying and selling platforms to drop SMS, e mail, and app-based OTPs. Platforms…
Bitwise named the CLARITY Act as certainly one of the key catalysts for crypto markets in the third quarter, saying its passage might possible mark the backside of the present bear market. The asset supervisor laid out 4 catalysts in its Q3 2026 report. It added that this quarter is make-or-break for the market construction…
US prosecutors have charged Bulgarian nationwide Rossen Iossifov with conspiring to launder roughly $290,000 in cryptocurrency that federal authorities seized and ordered forfeited after his earlier fraud conviction. Iossifov allegedly conspired to maneuver the funds in January 2024 whereas serving a federal jail sentence. He stays presumed harmless, and an indictment represents solely an allegation….
Binance co-CEO Richard Teng says the EU’s Markets in Crypto-Assets (MiCA) guidelines are backfiring, with most departing customers transferring funds into self-custody relatively than to licensed rivals. Speaking on the Reuters NEXT Asia summit in Singapore, Teng mentioned 70% of funds withdrawn by affected EU customers went to self-hosted wallets. Only 30% moved to platforms…
The Hyperliquid Policy Center (HPC) and non-custodial pockets supplier Phantom have collectively requested the Commodity Futures Trading Commission (CFTC) to cease regulating decentralized finance (DeFi) like conventional monetary companies. The two filed their joint remark forward of the CFTC’s July 9 remark deadline. They argue that onchain software program and self-custodial wallets are instruments, not…