📢 Block stated support for the Digital Asset Market (Clarity) Act

Block wrote, "I'm writing to express our strong support for the Digital Asset Market (Clarity) Act, and to respectfully urge Senate floor consideration of this bill."

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⚡️ South Korean lawmakers proposed amendments to let regulators freeze crypto exchange accounts tied to illegal transfers

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⚪️ South Korea will implement a 22% capital gains tax on Bitcoin and crypto starting in 2027

Profits from selling, swapping, or lending crypto will be taxed, with the first $1,740 of yearly net gains remaining tax-free and no additional Assembly vote required.

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💎 Australia's eSafety regulator sued Telegram in Federal Court, alleging the platform kept videos of terrorist executions online for up to three weeks after user reports

The regulator is seeking penalties up to A$54.6 million, and the lawsuit was filed a day after Russia charged Pavel Durov with aiding terrorism.

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💻 Pavel Durov said Russia has labeled him a “terrorist” after he refused to comply with demands for mass surveillance and censorship on Telegram

He added that Russian law also bans him from “publishing information on the Internet.”

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💲 Strategy reported an $8 billion loss in Q2 as its BTC holdings grew by 11%

The company has sold around $218 million worth of bitcoin year-to-date to pay preferred stock dividends.

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📉 Glassnode reported the current bear market is 49% deep — making it the mildest by depth so far

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

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

This state-level approval follows the federal OCC national trust bank authorization Circle received earlier in the month, establishing regulatory compliance at both the state and federal level.

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💲 Tether announced quarterly USDT attestation for Q2 2026, reporting approximately $1.5B net operating profit and record user growth despite global market volatility

Tether reported over 184.6B USDT issued and around $4.1B in excess reserves by the end of Q2 2026, emphasizing ongoing financial inclusion in developing markets.

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

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📢 CZ said the market may be bearish, but significant capital is still seeking investment opportunities

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📢 President Trump said the US will pause a planned strike on Iran if a swift agreement is reached on Iran’s nuclear program and reopening the Strait of Hormuz

Iran rejected requesting a pause and stated its forces are at maximum readiness, while Israel supports the delay and Saudi Arabia called for dialogue and de-escalation.

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