Brazil’s securities regulator (CVM) has established a task force with a 60-day deadline to submit a tokenization regulatory framework proposal for the country’s central bank digital currency.
Core Summary Japan’s parliament passed a landmark cryptocurrency tax reform bill on July 15, dramatically reducing the tax rate on crypto assets from the current maximum of 55% under the comprehensive income tax to a separate rate of approximately 20%, aligning with rates applied to stocks and foreign exchange. The reform fundamentally reclassifies crypto assets from “miscellaneous income” to “financial products,” removing the biggest institutional barrier to Japan’s crypto industry growth. ...
Core Summary U.S. Bitcoin miner TeraWulf has announced a $19 billion AI data center hosting agreement with Anthropic. TeraWulf’s CEO stated that “not all megawatts are created equally” in the AI race. The deal highlights the explosive growth in AI infrastructure and the industry trend of traditional crypto mining companies transforming into AI compute providers. Event Details According to CoinDesk, TeraWulf announced a $19 billion AI hosting agreement with Anthropic to provide large-scale data center infrastructure services. The deal marks TeraWulf’s formal transition from a Bitcoin mining-focused company to an artificial intelligence infrastructure provider. ...
Redemption requests in the $2 trillion private credit market surged to $15.6 billion in Q2, dwarfing Bitcoin ETF outflows, suggesting rising market risks.
Binance has launched a new product called “BTC Yield,” designed exclusively for users who already hold bitcoin. The product employs a covered call strategy to provide users with additional income sources. According to CoinDesk, the BTC Yield product targets existing bitcoin holders. It uses a covered call strategy, allowing users to earn additional returns while holding their bitcoin positions. This launch reflects the growing maturity of the cryptocurrency market, where users are seeking more diversified income sources beyond simple holding strategies. Covered call strategies are widely used in traditional finance, and Binance’s introduction of this approach to crypto provides bitcoin holders with new value realization methods. ...
The IMF warns that tokenization technology, while improving efficiency, also increases financial system vulnerability to sudden shocks. The report calls for enhanced regulatory coordination.
US spot Bitcoin ETFs end a 10-day outflow streak with $221 million in net inflows, the strongest daily performance in nearly two months. BlackRock’s IBIT was the only fund to see outflows.
The US Treasury sanctioned over 100 cryptocurrency addresses linked to an extremist organization that moved more than $1.4 million through Tron, Monero, and Bitcoin. Stablecoin issuers play a growing role in sanctions enforcement.
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. ...