Over the weekend, the crypto market saw significant regulatory developments, major exchange expansions, and new signals of institutional and mainstream adoption shaping the crypto landscape. Here are the key headlines: 📌 USD dominance hinges on stablecoin innovation as Senate readies a pivotal vote on stablecoin regulation. 📌 SEC appoints crypto industry veteran as trading and markets director 📌 KuCoin expands into Thailand with an SEC-approved exchange 📌 Vietnam legalizes crypto, officially recognizing digital assets 📌 Trump earns $57m from crypto ventures in 2024

Market Trends & Products

ETF filings surge in 2025 fueling altcoin optimism

At least 31 altcoin ETF applications have been filed in the first half of 2025, sparking renewed hopes for an 'altcoin summer' as investor interest in crypto ETFs accelerates.

JpMorgan sees positive US regulatory shift boosting crypto activity

JPMorgan reports that expectations of a friendlier U.S. regulatory environment are encouraging more crypto firms to consider going public and attracting increased venture capital investment.

Crypto IPO momentum grows as industry matures

MEXC's Tracy Jin highlights how regulatory clarity and market maturity are fueling a surge in crypto IPOs, with Circle and Gemini at the forefront. The trend signals a shift from crypto's early days to a more established financial landscape.

Crypto fear & greed index holds steady despite Israel-Iran conflict

The crypto fear & greed index remains in the 'Greed' zone amid ongoing Israel-Iran tensions. However, if past patterns persist, the index could shift toward 'Fear' in the coming weeks as geopolitical uncertainty continues.

Bybit unveils Solana-based DEX Byreal for Q3 launch

Bybit is set to launch Byreal, a hybrid decentralized exchange on Solana, aiming to merge centralized exchange liquidity with DeFi transparency. The Q3 rollout targets users seeking advanced trading features and enhanced transparency.

DeFi leaders reflect on evolution and sustainability

Guy Young and Rune Christensen discuss how DeFi has matured, focusing on its shift toward real-world applications and sustainable business models.

A16z crypto backs Yupp's $33 million seed for AI model evaluation

Yupp, a free platform for comparing AI model answers with crypto-based rewards, has exited stealth after raising $33 million in a seed round led by a16z crypto.

Regulation & Legislation

Kucoin expands into Thailand with SEC-approved exchange

KuCoin has entered the Thai market by acquiring ERX, Thailand's first SEC-supervised digital token platform, and launching a fully licensed exchange. This move strengthens KuCoin's presence in Southeast Asia and aligns with regulatory standards.

USD dominance hinges on stablecoin innovation

America is on the verge of solidifying its leadership in digital asset innovation as the Senate prepares for a final vote on the Guiding and Establishing National Innovation for U.S. Stablecoins Act, a pivotal step for the future of stablecoins and the dollar's global role.

SEC clarifies legal crypto staking rules for 2025

The SEC's 2025 guideline provides clear direction on what is and isn't allowed for crypto staking, outlining how users can participate lawfully.

Russian authorities bust truck-based crypto mine draining village power

Russian authorities discovered 95 mining rigs and a mobile transformer in a KamAZ truck illegally siphoning electricity intended for a village in Buryatia. The operation highlights ongoing issues with unauthorized crypto mining and power theft in the region.

Brazil ends crypto tax exemption with 17.5% flat rate on gains

Brazil has eliminated its crypto tax exemption for small traders, introducing a flat 17.5% tax rate on all crypto gains, including those from self-custody and offshore holdings.

Vietnam legalizes crypto and recognizes digital assets

Vietnam has passed a new digital technology law that legalizes crypto assets and recognizes digital assets, aiming to boost innovation in AI, semiconductors, and infrastructure. The law sets a proactive regulatory framework to promote the crypto industry and related technologies.

Michael Saylor to advise Pakistan on crypto ambitions

Strategy chair Michael Saylor met with Pakistan's finance and crypto ministers, expressing support and offering guidance as the country explores a pivot to crypto. Other executives' involvement is also being discussed.

SEC brings in crypto-savvy officials amid leadership overhaul

The SEC announced new hires, including Jamie Selway and Brian Daly, both with crypto backgrounds, as part of a leadership overhaul. This move signals the agency's intent to strengthen its expertise in digital assets regulation.

Major Companies & Institutions

Walmart and amazon consider launching dollar-pegged stablecoins in the US

Walmart and Amazon are reportedly exploring the issuance of their own dollar-pegged stablecoins in the United States, according to the Wall Street Journal. This move could mark a significant step in mainstream adoption of stablecoins by major retailers.

Meta revisits crypto as TradFi eyes past lessons

Meta is making moves to re-enter the crypto space, prompting traditional finance to reflect on previous industry missteps as digital assets become mainstream. Investors should consider historical pitfalls as major tech and finance players renew their crypto ambitions.

BlackRock COO highlights long-term crypto interest

BlackRock COO Rob Goldstein revealed the firm's ongoing exploration of crypto since 2017, emphasizing significant opportunities in the sector.

Beam and Braid bring stablecoins to community banks

Beam and Braid are partnering to offer stablecoin services to community banks and credit unions, aiming to help these institutions participate in the evolving fintech landscape after feeling left out of previous trends.

Trump's crypto ventures boost his reported income

Donald Trump's latest financial disclosure reveals tens of millions in income from crypto ventures, with reports indicating earnings exceeding $57 million in 2024 and crypto now comprising a significant portion of his fortune.

Opinion & Analysis

Blockchain brings trust and transparency to sports analytics

Blockchain is poised to transform sports analytics by providing a secure, open, and verifiable source of truth for performance data, breaking down data silos and ensuring real-time accuracy for leagues and fantasy sports.

TradFi liquidity risks echo in crypto markets

Crypto's rapid growth masks fragmented and fragile liquidity, exposing the market to structural risks similar to those in traditional finance and increasing vulnerability to sudden shocks when sentiment shifts.

Stablecoins near their iPhone moment says Circle CEO

Circle CEO Jeremy Allaire predicts stablecoins are on the verge of a breakthrough in developer adoption, likening the upcoming surge to the iPhone's transformative impact. This comes as Circle recently debuted on the New York Stock Exchange.

Crimes & Scams

Crypto user loses $6.9m to cold wallet scam linked to China's TikTok

A crypto investor lost $6.9 million after using a cold wallet associated with Douyin, China's TikTok. SlowMist's chief information security officer warns against risking large sums for cheaper wallets.

Tiktok crypto trader released after failed ransom attempt

A crypto trader was reportedly kidnapped by four assailants in a 50,000 euro plot, but was released after the kidnappers realized he had insufficient funds. No ransom was paid.

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