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💲 The US Government moved $8.8M in BTC to Coinbase Prime The receiving Coinbase Prime deposit previously accepted seized BTC linked to the Samourai Wallet founders. @just 📄
❕ US government transferred $297M in Bitcoin and Ethereum to Coinbase Prime on Monday

According to Arkham, these assets came from three different criminal forfeiture cases.

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📢 The US and UK said they plan to adopt stablecoins for cross-border financial transactions

Both governments stated: "well-regulated stablecoins have the potential to promote efficiency and competition in our financial systems, modernise financial market infrastructure, and improve cross-border payments and transactions."

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⚡️ US Treasury Secretary Scott Bessent said OFAC sanctioned crypto wallets linked to Iran, freezing over $130 million

The wallets were associated with the Central Bank of Iran and were targeted as part of actions to disrupt the country's illicit financial operations.

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🔥 Japan has recognized crypto assets as financial products after its Senate enacted amendments to the Financial Instruments and Exchange Act

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🔖🔖⬜️🔖 above $65,270

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❗️ US President Trump is expected to meet with senators Thursday to address the CLARITY Act’s crypto ethics provisions before the Senate’s August recess

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⚠️ US Senate adopted a unanimous resolution against a pardon or commutation for Sam Bankman-Fried

The non-binding resolution states that the former FTX CEO should not receive executive clemency.

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⚡️ Volvo said it has created a proprietary cryptocurrency to pilot blockchain-based transactions with its material and transport suppliers

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⚡️ Visa announced a new stablecoin platform aimed at banks and fintech firms

Visa revealed that this initiative is designed to help institutions issue and manage stablecoins more efficiently.

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⚡️ Bitcoin Japan announced a financing package that could raise up to $60 million through convertible bonds and warrants

The company stated that about $4 million of these funds will be allocated to bitcoin investment after an earlier round failed to support its treasury strategy.

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⚡️ US House Committee on Financial Services will host a field hearing for the Clarity Act this morning

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✅ ESMA has added 14 new CASPs to its MiCA register, raising the count of licensed crypto-asset service providers to 294

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❗️ CENTCOM reported US military strikes on Iran

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⭐️ Just Rise & Fall of the selected tokens over the past week.

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📈 Bloomberg Intelligence said Bitcoin ETFs are expected to follow a pattern similar to Gold's 22-year ETF history

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⚡️ US regulators have missed the GENIUS Act's one-year deadline to finalize stablecoin rules

The comment periods for major rulemaking remain open through September, but the law's January 2027 effective date is unchanged, reducing the time issuers have to comply.

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🪙 Michael Saylor hinted at another Bitcoin announcement coming tomorrow

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✅ Brazil's securities regulator has formed a working group to create a regulatory sandbox for securities tokenization

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⚡️ Russia's State Duma reported it will review a bill on Bitcoin and crypto regulation tomorrow

The initiative is designed to establish legal conditions for cryptocurrency operations in the country.
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✔️ OKX appointed former New York Governor Andrew Cuomo to its board of directors

Cuomo, who acted as an adviser to OKX since 2023, will co-chair the exchange's joint venture with NYSE parent ICE as it expands into the US.

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🔖🔖⬜️🔖 above $66,100

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