📢 US SEC Chair Paul Atkins expressed optimism that Congress will approve the Clarity Act

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❕Russia's Federal Security Service has charged Telegram founder Pavel Durov with enabling terrorist activities

An international arrest warrant has been issued for Durov.

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📢 Trump claims the U.S. will carry out strikes against Iran in retaliation for attacks on American targets in Jordan

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⚠️ US Treasury sanctions two companies tied to Iran’s Islamic Revolutionary Guard Corps over a cryptocurrency-based insurance scheme

The Treasury revealed these entities leveraged maritime operations and digital asset transactions to circumvent existing sanctions.

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✔️ The Federal Reserve has held interest rates steady at 3.50% – 3.75%

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📢 Block has announced its support for the Digital Asset Market (Clarity) Act

In a statement, Block said: "I'm writing to express our strong support for the Digital Asset Market (Clarity) Act, and to respectfully urge the Senate to bring this bill to the floor for consideration."

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⚡️ South Korean lawmakers have introduced amendments that would empower regulators to freeze cryptocurrency exchange accounts linked to illicit transactions

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⚪️ Starting in 2027, South Korea will introduce a 22% capital gains tax on Bitcoin and other cryptocurrencies

Gains from selling, swapping, or lending crypto will be subject to taxation. However, the first $1,740 in annual net profits will remain tax-exempt—with no further parliamentary approval needed.

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💎 Australia's eSafety watchdog has taken Telegram to Federal Court, accusing the platform of leaving graphic videos of terrorist executions online for as long as three weeks—despite receiving user reports.

The regulator is pursuing penalties of up to A$54.6 million. The legal action comes just one day after Russian authorities charged Telegram founder Pavel Durov with allegedly aiding terrorism.

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💻 Pavel Durov revealed that Russia has branded him a “terrorist” after he rejected demands to implement mass surveillance and censorship on Telegram.

He also noted that Russian law now prohibits him from “publishing information on the Internet.”

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$8 billion loss reported in Q2 despite an 11% increase in BTC holdings

The company sold approximately $218 million worth of bitcoin so far this year to cover preferred stock dividends.

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📉 Glassnode reports the current bear market is about 49% down, making it the mildest by depth so far.

Previous bear markets bottomed lower and typically lasted about one third longer before reaching their lows.

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✅ Circle has secured a limited-purpose trust charter from the New York Department of Financial Services for Circle Internet Trust Company.

This state-level approval comes shortly after Circle received federal authorization from the OCC for a national trust bank—marking full regulatory compliance at both the state and federal levels.

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💡 Tether has released its Q2 2026 USDT attestation, revealing a net operating profit of approximately $1.5B and unprecedented user growth—even amid global market turbulence.

By the end of the quarter, over 184.6B USDT was in circulation, backed by nearly $4.1B in excess reserves. Tether continues to highlight its role in advancing financial inclusion, particularly across emerging economies.

Learn more

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⭐️ A quick look at recent market movements—see which major tokens have surged or dipped over the past week.

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