Chinese officials have ordered state-owned digital service providers and financial entities to study the feasibility of launching yuan-pegged stablecoins. According to a recent report from South China Morning Post, insiders say that government officials are currently focusing on the possibility of launching yuan-backed stablecoin issuance through state-owned firms. In order to test out the possibility,…
Roman Storm, co-founder of privacy protocol Tornado Cash, is urgently appealing for $500,000 in donations to support his legal defense as his criminal trial begins today, July 14, in Manhattan. In a message posted to X on July 12, Storm said his team is now facing a fundraising shortfall of $1.5 million as the trial…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto isn’t a stranger to debate, and recent developments on the regulatory front have intensified the conversation, as governments accelerate efforts to regulate the digital asset economy. In the U.S., the bipartisan…
July 14, 2025, marks the beginning of Crypto Week in D.C. The event signals that the administration continues its work on regulating (and sometimes deregulating) the crypto space. The results of the first half of 2025 indicate little to no easy wins for the industry, but some advances in place can’t be ignored. Rare wins…
China lawmakers held a meeting with local government officials to reevaluate its stance on digital assets, more specifically stablecoins and cryptocurrency. The government is being urged to consider yuan-based stablecoins amid the ban on crypto. According to a recent report by Reuters, Chinese regulators held a meeting with local officials to discuss how they would…
The trading platform’s CEO has spoken out in defense of the newly launched investment products, following news that regulators are taking a closer look. In a Tuesday interview with Bloomberg, Tenev addressed the ongoing probe led by the Central Bank of Lithuania, which is currently reviewing the structure and marketing of the blockchain-based investment products….
On July 7, 2025, on X, Elon Musk claimed that his recently announced political party will embrace Bitcoin, stating that “fiat is hopeless.” In the past, Musk had conflicting relations with Bitcoin. In 2021, his company, Tesla, halted support of Bitcoin payments, citing Bitcoin’s environmental impact. What is Musk’s current political platform, and what’s his…
With law enforcement lagging and users losing billions of dollars to crypto-related scams every year, Tether’s new investment raises a provocative question: are stablecoin firms now the first line of defense? On July 8, USDT issuer Tether announced a strategic investment in Crystal Intelligence, a blockchain forensics firm specializing in fraud detection, risk mapping and…
Six months into the European Union’s full enforcement of MiCA, the EU has authorized 53 crypto-related entities to operate legally across its 30-country economic area. According to a July 7 update shared by Patrick Hansen, Director of EU Strategy & Policy at Circle, the list now includes 14 licensed stablecoin issuers from seven countries and…
The United Arab Emirates has officially denied claims that investors can obtain a Golden Visa through a program promoted by the Toncoin ecosystem. In a joint statement released on July 6 via the Emirates News Agency, three federal bodies, the Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority, and…
