The certification could expand access to Tether’s gold-backed token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold. Tether’s gold-backed token XAUt has received Shariah certification from Amanah Advisors, a move that could expand access to the token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold. The certification …
Monthly archives: July 2026
Kraken parent Payward acquires Magic Labs’ wallet business
The deal brings wallet technology to Payward’s enterprise platform, potentially reducing the number of infrastructure providers businesses need to integrate with. Payward, the parent company of crypto exchange Kraken, has agreed to acquire the wallet-as-a-service business of Magic Labs, expanding its enterprise infrastructure offering as demand for onchain financial services continues to grow. Payward said …
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Digital Chamber Sues Illinois Over Nation’s First Blockchain-Specific Transaction Tax
A leading industry group is taking legal action against a state tax law that singles out blockchain-based assets for special treatment. The Digital Chamber alleges the Digital Asset Tax Act in Illinois imposes a 0.2% levy on exchanges, transfers and storage of digital assets without equivalent burdens on economically identical activities involving cash, stocks, or …
North Korea Detains Elite State Hackers for Breaching Own Central Banks: Report
North Korean security forces have reportedly detained a network of elite hackers who turned their government-honed skills against the nation’s own financial systems. The operatives targeted key government banking institutions to divert state assets and move proceeds through digital channels, reports Daily NK. Former members of a military cyber unit reportedly joined forces with graduates …
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FBI and US Banks Freeze $679 Million in Scam Transfers in 2025 After Rapid Victim Alerts
The FBI says it stopped more than half a billion dollars from reaching fraudsters last year by acting swiftly on reports from scam victims. The agency says victims reported roughly $1.2 billion in qualifying cases last year, and agents froze $679 million of it for a 58% success rate. The bureau’s recovery team collaborates with …
Bitcoin price eyes $66K as US stocks rise on Iran-strike pause
Bitcoin copied US stocks as relief over end of US-Iran strikes spread to risk assets at the start of the US trading session. Bitcoin (BTC) sought to build on local highs at Monday’s Wall Street open as US stocks opened in the green. Key points: Data from TradingView showed BTC/USD spiking to near $66,000 as …
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Hong Kong crypto giant HashKey merges regional exchange into one
Hong Kong’s HashKey will unify its crypto exchange branches, with users from its Hong Kong, Global, Singapore and Middle East regions using the same platform. Hong Kong digital asset services business HashKey Holdings has merged its HashKey Exchange and HashKey Global exchanges into a single platform and application. Core jurisdictional hubs including Hong Kong, Singapore, …
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Rate path still divides investors: Five things to know in Bitcoin this week
Bitcoin traders prepared to navigate a slew of volatility catalysts as US inflation data and US-Iran war triggers keep risk-assets in an unpredictable state. Bitcoin (BTC) heads into the end of July juggling volatility catalysts as the Federal Reserve reacts to US inflation. Key points: Attention turns once more to the US Federal Reserve this …
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Binance disappears from Google Play in certain EU countries
Binance’s Android app is unavailable on Google Play in some EU markets amid scrutiny over MiCA compliance. The Binance app has become unavailable on the Google Play Store in certain European Union countries amid questions over the exchange’s compliance with the bloc’s crypto licensing framework. A user in Spain confirmed to Cointelegraph on Monday that …
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CME Launches Single-Stock Futures on 50-Plus Top US Stocks as Its Crypto Derivatives Arm Keeps Growing
CME Group launched single-stock futures on more than 50 of the largest U.S. companies, giving traders a new leveraged way to bet on names like Apple, Amazon and Nvidia without ever owning the shares. A New Way to Trade the Biggest US Stocks The launch covers 77 contracts in total, i.e. 55 standard-sized futures, each …
Ether ETFs Add $104 Million as Weekly Flows Triple Bitcoin’s Total
U.S. spot crypto ETFs finished a volatile week with positive flows into bitcoin, ether, XRP and solana products. Ether led with $104 million in net inflows, while HYPE funds suffered a second consecutive week of withdrawals. Ether ETFs Outpace Bitcoin as Late-Week Selling Erodes Crypto Fund Gains Crypto exchange-traded fund (ETF) investors began the week …
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Strategy Adds $525M to USD Reserve, Pushing Dividend Coverage to 2.1 Years
Strategy Inc disclosed in a Form 8-K filed Monday that it increased its U.S. dollar reserve by $525 million, bringing the total to $3.75 billion as of July 27, 2026. The company said the reserve now covers 2.1 years of dividend and interest payments on its outstanding preferred stock and debt. Executive Chairman Michael Saylor …
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Saylor: Rejecting Bitcoin’s Bank and Market Integration ‘Dooms It to 1% of Its Potential’
Strategy Inc. (Nasdaq: MSTR) Chairman Michael Saylor argued that shutting bitcoin out of banks, custodians and capital markets denies its benefits to 99% of the world, as his own company’s 843,775 BTC treasury currently sits underwater against its purchase price. Saylor Makes the Case for Bitcoin in the Banking System Saylor, the chairman of the …
KB Kookmin Taps JPMorgan’s Kinexys as South Korea’s Largest Bank Pushes Instant Dollar Payments
KB Kookmin Bank, South Korea’s largest lender by assets, will launch a corporate cross-border payment service in August built on Kinexys, JPMorgan’s permissioned blockchain platform. The move makes KB Kookmin the first South Korean financial institution to settle commercial dollar payments on the network. What Was Announced Exactly KB Kookmin Bank, a unit of KB …
BNY Mellon unit joins MiCA register as ESMA adds 15 providers
BNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto platforms, in the third post-deadline update. European authorities added 15 crypto companies including a BNY Mellon unit to the Markets in Crypto-Assets (MiCA) framework register in the third update of regulated providers since the July 1 transitional deadline. …
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