Texas Governor Greg Abbott on Monday ordered a halt to new data center grid connections, requiring all proposed projects to undergo audits by the Public Utility Commission of Texas (PUCT) and the state’s grid operator, ERCOT. The decision comes as ERCOT’s interconnection queue has ballooned to 474 gigawatts — more than double the figure from […]
Russia has expanded its cryptocurrency mining restrictions to include Moscow, the Moscow Region, and parts of the Kursk Region, with the ban set to take effect on Aug. 15, 2026, and remain in force until Dec. 31, 2032. The move, formalized under Resolution No. 936 signed by Prime Minister Mikhail Mishustin on July 25, 2026, […]
The Bank of Italy has published a study concluding that stablecoin-based remittances do not consistently outperform traditional payment channels in terms of cost or speed. The research, which analyzed 200 USDC transfers across ten payment corridors linking Italy with Brazil, Argentina, Japan, the United Arab Emirates, and South Africa, found that fiat conversion fees and […]
The United States Department of the Treasury and HM Treasury have issued a joint set of recommendations aimed at aligning regulatory approaches for stablecoins and tokenized assets, marking a significant step in transatlantic financial cooperation on digital assets. Transatlantic Taskforce Recommendations In a statement released Tuesday, the two treasury bodies outlined four recommendations developed through […]
New Hampshire’s executive council voted down a proposal to issue $100 million in Bitcoin-backed bonds on Friday, dealing a setback to one of the most closely watched state-level crypto initiatives in the United States. The 3-2 vote came despite support from Governor Kelly Ayotte and prior approval from the New Hampshire Business Finance Authority. New […]
European Union officials are reportedly preparing to revise the Markets in Crypto-Assets (MiCA) framework to expand its regulatory scope over stablecoin issuers based outside the bloc. The move, described by some as “MiCA 2.0,” comes in response to the United States’ recently enacted stablecoin law and aims to clarify how non-EU companies can operate within […]
The New Hampshire Secretary of State’s office has announced a public hearing for Wednesday to discuss the proposed issuance of $100 million in bonds backed by Bitcoin (BTC), a move that could position the state as a pioneer in digital asset finance at the municipal level. Background and approval process The state’s Business Finance Authority […]
The Asia-Pacific region continues to shape the global crypto space with a series of regulatory, corporate, and geopolitical developments this week. Dubai has reached a milestone of 50 licensed virtual asset service providers, India’s central bank is renewing its push to keep the banking sector insulated from crypto, and Russia is on track to launch […]
Kalshi recorded its highest monthly trading volume in June, driven by surging activity around the 2026 FIFA World Cup, as prediction markets continue to attract both retail traders and regulatory scrutiny. Data from DefiLlama shows Kalshi processed nearly $9.4 billion in trading volume last month, up from roughly $5.3 billion in May. Polymarket International also […]
US President Donald Trump has responded to criticism of his 2025 financial disclosures, showing that he earned $1.4 billion in income from crypto-related ventures while in office. In a Thursday interview with CNBC’s Joe Kernen, Trump said that there was “nothing illegal” and “nothing wrong” with profiting from his crypto investments as president. He claimed […]
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