Ukraine’s capital Kyiv was struck by the largest Russian missile and drone attack of the year in the early hours of July 2, killing at least 27 people and injuring dozens, including children. The assault came just hours after President Zelensky warned that Moscow was planning a massive strike.
China has passed a sweeping new ethnic unity law that extends its jurisdiction overseas, requiring all ethnic minorities to ‘integrate’ or face legal consequences. The law has drawn bipartisan condemnation from 14 U.S. lawmakers and strong criticism from international rights groups.
President Trump announced the US will not renew the USMCA trade agreement, undermining the last pillar of stability in North American trade relations. The deal covers over $1.3 trillion in annual trade.
German prosecutors have formally charged a Ukrainian citizen in connection with the 2022 Nord Stream pipeline explosions. This marks the first legal accountability in the mysterious sabotage that altered Europe’s energy landscape.
As the July 1 hard deadline for full implementation arrives, the EU is undertaking major revisions to its landmark Markets in Crypto-Assets regulation (MiCA), reflecting the ongoing tension between regulatory ideals and industry reality.
France’s Credit Agricole has officially launched EURXT, a euro-denominated stablecoin, marking a major breakthrough for traditional banking in the digital currency space.
Sony Interactive Entertainment has officially announced it will cease physical game disc distribution for PlayStation by 2028, marking a major transition to the all-digital era.
A severe fire broke out at an apartment building in Antwerp, Belgium, killing at least six people and injuring several others. Fire departments have contained the blaze and the cause is under investigation.
Summary Taiwan has passed a comprehensive cryptocurrency regulation law requiring all digital asset platforms to obtain licenses from the Financial Supervisory Commission (FSC) before operating. The legislation introduces reserve requirements and strict penalties for non-compliance, positioning Taiwan as one of the most rigorously regulated crypto jurisdictions in Asia. Details The bill, passed on July 1 and sent for presidential approval, rests on three pillars: mandatory licensing for all exchanges, custodians, and wallet providers; reserve mandates requiring platforms to hold a percentage of client assets; and severe penalties including fines and criminal liability for unlicensed operators. ...
Core Summary President Trump’s latest annual financial disclosure report reveals he earned over $1.2 billion from cryptocurrency-related businesses in the past year. The income spans token sales, equity transactions, and brand licensing, making crypto his most lucrative business sector since returning to office. Details According to documents filed with the Federal Election Commission and White House disclosures, Trump’s crypto income came from three main channels: World Liberty Financial Token Sales: Contributed approximately $236 million in direct revenue. The project has been controversial, with critics arguing it leverages presidential influence. ...