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Connecticut Governor Ned Lamont has officially signed into law a comprehensive “Bitcoin Reserve Ban” that prohibits the state from accepting, holding, or investing in digital asset. The legislation, known as H.B. 7082, passed unanimously through both the state House of Representatives and Senate without a single opposing vote. Source: cga.ct.gov The new law explicitly bars…

American Express clients are facing delays in cross-border payments and wire transfers after the payments giant announced a sweeping system upgrade tied to a Federal Reserve update, sparking speculation that Ripple’s technology could soon play a role in Amex’s operations. Key Takeaways: Amex’s system upgrade has sparked speculation of Ripple integration. The timing of Amex’s…

The crypto market is down today. 90 of the top 100 coins per market cap have dropped over the past 24 hours. Also, the cryptocurrency market capitalization has decreased by 3.2% to $3.41 trillion. The total crypto trading volume is at $90.9 billion. TLDR: The crypto market has recorded another decrease, with 90 of the…

Grayscale started its Digital Large Cap Fund (GDLC) conversion journey back in 2024, when the first Bitcoin spot ETFs were approved. The firm’s goal is to transform the GDLC fund, which now tracks a mix of five crypto assets in various weights, into a spot ETF. So far, the SEC has not decided on the…

Hut 8, the North American Bitcoin mining firm tied to the Trump family, is opening an office in Dubai, signaling a strategic shift toward global expansion and capital efficiency. The move comes as the Gulf city continues to lure digital asset firms with its relaxed tax policies and business-friendly environment. The Miami-based company registered the…

Malaysia’s Securities Commission (SC) has proposed sweeping changes to its digital asset exchange (DAX) regulatory framework. This follows a sharp rise in digital asset trading, which hit a record RM13.9 billion ($2.9 billion) in 2024, more than double the volume recorded in 2023. According to the consultation paper released by the commission, the proposed updates…

An unknown wallet has sent $20,000 worth of Bitcoin to Satoshi Nakamoto’s legendary Genesis Block mining address, marking the largest transfer to the Bitcoin creator’s wallet in four months. Arkham Intelligence detected the transaction on June 30, involving 0.185 BTC sent to the address that holds approximately $117 billion in dormant Bitcoin. The transfer represents…

Germany’s Sparkassen-Finanzgruppe plans to launch crypto trading for its 50 million customers by summer 2026, marking a major turnaround for the country’s largest banking group. Key Takeaways: Sparkassen will launch crypto trading for 50 million customers by summer 2026. Dekabank will manage the new service, enabling Bitcoin and Ether trades directly in Sparkassen’s app. The…

The US Department of Justice (DOJ) has charged four North Koreans for impersonating as remote IT workers and exploiting companies to steal crypto. The federal prosecutors noted that the operation could be a part of the DPRK strategy to fund its weapons program. In a “cyber-enabled revenue generation network”, perpetrators landed in remote IT jobs…

The Bitcoin rally, which has lifted prices more than 40% since early April, may be running out of steam as analysts flag weakening momentum and rising profit-taking. Key Takeaways: Bitcoin’s rally momentum is fading as traders who bought below $80,000 take profits. Analysts say Bitcoin’s next move will depend on macro factors like Fed rate…