Crypto News
Hong Kong RWA Global Industry Alliance and Brand Committee Officially Established, MINAX Becomes Core Partner in...
Hong Kong launched the RWA Global Industry Alliance and its Brand Committee at the MINAX Brand Listing Forum. This initiative, supported by major institutions, aims to enhance the tokenization of real-world assets (RWA) and establish a comprehensive asset service system. (Read More)Source link
Stablecoin Usage Ramps up in Venezuela Amid Rampant Devaluation
Stablecoin adoption has grown in Venezuela as the government tightens controls to impose the official dollar exchange rate on businesses, which is much lower than the value of dollar-pegged tokens in P2P markets such as Binance. Stablecoin Usage Grows as Businesses Try to Stay Afloat in Venezuela Stablecoins have become useful tools in distressed economiesSource link
AUSTRAC Orders Binance Australia Audit Over AML Concerns
Binance Australia has been given 28 days to appoint an external auditor following allegations of serious gaps in AML controls.Source link
Conflux (CFX) Network Schedules Critical v3.0.1 Hardfork Upgrade
Conflux (CFX) Network announces a crucial v3.0.1 hardfork upgrade set for August 31, 2025. Node operators are urged to update promptly to ensure network stability. (Read More)Source link
Philippine Congressman Proposes Bitcoin Reserve to Attack National Debt
A bill proposed in the Philippine Congress would create a government-run bitcoin (BTC )reserve that cannot be touched for two decades except to pay down the nation’s rising debt load, setting some of the strictest sovereign crypto storage rules yet.The proposed Strategic Bitcoin Reserve Act, introduced by Rep. Miguel Luis R. Villafuerte, directs the Bangko Sentral ng Pilipinas (BSP) to purchase 2,000 BTC annually over five years for a total of 10,000 BTC."The State shall promote and maintain economic prowess, including monetary stability and the convertibility of the peso, especially in times of crisis. With the increasing role of cryptocurrency in the world's financial system, it is imperative to enact measures aimed at diversifying our assets to ensure financial security,"...