🇨🇭 Swiss bank UBS reported that wealthy Chinese families, through their investment funds, put about 5% of their money into cryptocurrency.
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Against this backdrop, the previously largest product, wBTC, has declined by 17% since the launch of cbBTC.
The total issuance of synthetic BTC on the network has remained almost unchanged, meaning that cbBTC’s growth is largely driven by a liquidity shift from wBTC. The key reasons are the convenience of issuance through Coinbase’s infrastructure and a drop in trust toward wBTC following a scandal involving entities linked to Justin Sun.
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DeCenter – Blockchain and Bitcoin
🇯🇵 The Trump family is aiming to strengthen its presence in Japan.
This September, Eric Trump will travel there to advance the family’s cryptocurrency ventures, and the U.S. president’s son will also take part in a Metaplanet shareholders’ meeting.
@DeCenterOrg
This September, Eric Trump will travel there to advance the family’s cryptocurrency ventures, and the U.S. president’s son will also take part in a Metaplanet shareholders’ meeting.
@DeCenterOrg
Researcher ZachXBT advises treating any incoming call or email as a potential scam.
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🇵🇭 The Philippines has introduced House Bill 421 on establishing a strategic Bitcoin reserve.
If passed, the central bank would be required to purchase 2 000 BTC annually for five years and hold the asset for at least 20 years to diversify the nation’s reserves.
@DeCenterOrg
If passed, the central bank would be required to purchase 2 000 BTC annually for five years and hold the asset for at least 20 years to diversify the nation’s reserves.
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👁 The U.S. Treasury is proposing to embed identity verification directly into DeFi smart contracts, making every transaction tied to a real person — a move that could erase anonymity and turn DeFi into a government-controlled system.
Experts warn this is akin to “putting cameras in every living room,” creating risks of mass censorship and dangerous personal data leaks.
@DeCenterOrg
Experts warn this is akin to “putting cameras in every living room,” creating risks of mass censorship and dangerous personal data leaks.
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Ethereum ETFs also saw a $238 million net outflow, ending a 14-week streak of inflows.
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The key question is where they are getting such large amounts of SOL, since their proof of reserves shows no holdings beyond client funds.
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Their total holdings have now reached 988 271 BTC.
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🇦🇪 UAE has quietly become the 4th largest state Bitcoin holder, with over 6 300 BTC (≈$740M), according to Arkham.
Unlike other countries, these assets weren’t seized but mined directly by Citadel Mining, a company tied to Abu Dhabi’s royal family.
@DeCenterOrg
Unlike other countries, these assets weren’t seized but mined directly by Citadel Mining, a company tied to Abu Dhabi’s royal family.
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Currently, public companies hold about $695 million worth of SOL, which is roughly 0.69% of the total supply.
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However, many experts believe that with growing demand from institutions, corporations, and even sovereigns, the classic “cycle theory” no longer applies, and deep corrections are a thing of the past.
The coming months will show who is right.
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🇬🇷 Greece has tightened regulations for crypto companies under the EU’s MiCA framework — all firms must now obtain a license, submit business plans and shareholder information, and without it they will be banned from serving clients in the country.
Authorities are also considering a 24% VAT on certain crypto-related services, and individuals may be required to declare their digital assets in tax filings.
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Authorities are also considering a 24% VAT on certain crypto-related services, and individuals may be required to declare their digital assets in tax filings.
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