US CBDC ban to go into effect without Trump signoff on housing bill

Donald Trump confirmed on social media that he would not sign the 21st Century ROAD to Housing Act, which includes a ban on a US CBDC until the end of 2030, setting the stage for the bill to become law on Saturday. A bipartisan housing bill containing a ban on a central bank digital currency …

Backpack joins race for 24/7 stock markets with tokenized equities

The launch comes as tokenized stocks become one of the fastest-growing corners of crypto, with exchanges and traditional finance firms racing to expand 24/7 trading. Crypto exchange Backpack has launched 24/7 trading for select tokenized US equities, allowing international investors to trade stocks including SpaceX, Micron and SanDisk around the clock. Under the initial offering, …

New Hampshire council votes down $100M Bitcoin bonds

State representative Keith Ammon said the New Hampshire executive council’s vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure. Policymakers in New Hampshire’s executive council voted against a proposal that would have allowed the state to issue $100 million in bonds backed by Bitcoin (BTC). At a Wednesday hearing, the five-member …

Wells Fargo Imposter Scam Wipes Out Florida Man’s Entire Life Savings of $251,300: Report

A Florida man has lost his entire life savings of $251,300 after falling for a convincing phone call from someone posing as a Wells Fargo fraud representative, according to a report. The victim, Randall Kahn, received a call in early January claiming irregular activity on his accounts that required immediate action, reports NBC 6 South …

TrueDAO Raises $10 million in Strategic Funding to Accelerate AI-Powered Financial Infrastructure

July 10th, 2026 – New York, USA TrueDAO announced today the completion of a $10 million strategic funding round. The round was led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital. The proceeds will primarily fund core AI protocol development, AI-driven risk control, security audits, global compliance efforts, and the …

USDC Stablecoin Issuer Circle Accused of Refusing to help Scam Victims: Report

Crypto giant Circle is rebuffing efforts to help scam victims, law enforcement officials say. According to a report by the International Consortium of Investigative Journalists (ICIJ), the issuer of the USDC stablecoin is allegedly declining to cooperate in assisting scam victims recover their funds. The ICIJ report says some unnamed law enforcement officials are raising …

Crypto Biz: How stablecoins found their niche

Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight crypto’s evolving financial landscape. Crypto’s infrastructure is starting to look a lot more like traditional finance. New data from Dune shows that the world’s stablecoin leaders — Tether’s USDT and Circle’s USDC — are no …

A16z’s Andreessen lands Federal Reserve role as AI reshapes policy debate

The Fed named a16z co-founder Marc Andreessen to co-lead an AI productivity and jobs task force under Chair Kevin Warsh’s policy review. The US Federal Reserve named Andreessen Horowitz (a16z) co-founder Marc Andreessen to help lead a task force studying how artificial intelligence and other new technologies could affect productivity and jobs. Andreessen will serve …

Bitcoin whales sent BTC price to $64K as Coinbase Premium broke key level: CryptoQuant

Bitcoin price gains came thanks to US whales propeling the Coinbase Premium above a key trend line, new analysis from CryptoQuant reported. Bitcoin (BTC) demand shifts are “behind” the price rebound to $64,000, new analysis claims. Key points: Read more Go to Source

MiCA licensing only the beginning as crypto custodians face scrutiny

A MiCA license allows crypto firms to operate in the EU, but the ESMA’s review will test whether custodians can meet the required security and resilience standards. Getting licensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework is only the beginning for crypto custodians, as regulators turn their attention from authorization to operational …

Japanese lender launches Bitcoin-backed loans of up to $6.2M

CRYL is offering Bitcoin-backed loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets. Japanese lender CRYL has launched Bitcoin-backed loans of up to 1 billion yen ($6.2 million), allowing individuals and businesses to raise fiat currency without selling their BTC.  On Thursday, the company announced that …

Ex-Bank of America Employee Charged with Stealing $139,000 from Elderly Customers in Tennessee

A former Nashville banker has been charged with multiple felonies after allegedly stealing more than $139,000 from two elderly customers. Karl Stephen Richardson was arrested Tuesday following a four-month probe by the Metro Nashville Police Department’s Fraud Unit, reports NewsChannel 5. He is charged with two counts each of financial exploitation of an elderly adult, …

Bitcoin returns to $64.3K with new three-week BTC price highs imminent

Bitcoin bulls faced “crucial resistance” at $65,000 next as BTC price action diverged from oil and US dollar strength. Bitcoin (BTC) eyed new July highs on Friday as US-Iran peace momentum kept oil lower. Key points: Data from TradingView showed BTC/USD climbing above $64,000, coming within $400 of new three-week highs. Read more Go to …

EU parliament passes ‘chat control,’ allowing private chat scans until 2028

EU lawmakers have again allowed tech firms to scan chats for abuse material, but exempted end-to-end encrypted messages. The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics. EU lawmakers on Thursday largely voted against extending the regulation, …

Robinhood Chain sees over $70M in ETH bridged during first week

Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun. The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal.  Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that …

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