Crypto News

India’s top court just ignited a regulatory firestorm, slamming bitcoin trading as refined Hawala and blasting government delays that leave the crypto market in legal limbo. Indian Supreme Court Calls Bitcoin Refined Hawala, Decries Absence of Regulatory Framework The Supreme Court of India compared bitcoin trading to “a refined way of Hawala business” on MondaySource link

CoreWeave, Inc. expands its credit facility to $1.5 billion with major banks, enhancing its financial capabilities to support global growth in AI cloud infrastructure. (Read More)Source link

Momentum is accelerating in Washington as lawmakers edge closer to passing landmark crypto and stablecoin legislation that could reshape U.S. digital asset regulation by August. Coinbase Pushes Congress to Finalize Stablecoin and Crypto Rules Before August Coinbase CEO Brian Armstrong called on U.S. lawmakers Tuesday to move forward with crucial cryptocurrency legislation, urging bipartisan cooperationSource link

A thawing in the trade stance from both the U.S. and China has sent risk assets higher in the hours since the U.S. stock market closed on Wednesday."The current tariffs and trade barriers are unsustainable, but we don’t want to decouple," said U.S. Treasury Secretary Scott Bessent, disclosing plans to travel to Switzerland to meet with Chinese counterparts for trade talks this coming weekend."Senior U.S. officials have made a series of remarks hinting at adjustments to tariffs and have expressed, through various channels, a desire to engage with the Chinese side on tariff-related issues," said a China Ministry of Commerce spokesperson. "China has carefully evaluated these messages from the U.S. side and, after fully considering global expectations, China’s own interests,...

Gold advanced and Bitcoin held firm Tuesday as investors braced for the Fed’s policy decision and weighed geopolitical and trade tensions.Source link