Table of Contents
Top stories of the week
Secl Aktins called ‘Crypto’ as companies go back to America
Crypto companies have started returning to the United States as top officials have indicated a change towards friendly regulation and domestic growth.
In a Thursday speech at the US First Police Institute, SEC President Paul Atkins said the count “to resume the crypto businesses”, “to capture the US as a global hub as a global hub for digital assets.
Treasury Secretary Scott Besent said on Friday that we have entered the “golden age of crypto” and issued a call to the builders: “Start your companies here.”
Supported by Clelor regulations and high-level political support, Crypto companies are beginning to respond, with some relationship operations abroad, and others, such as Crackon and Moonpe, expand the domestic footprint in response to policy shifts.
US SEC rolls ‘Project Crypto’ to re -write the rules for digital assets
Use and Exchange Commission Chairman Paul Atkins announced the United States “Project Crypto,”.
Atkins said that the project was in response to the recommendations of recommendations in a report by the President’s Working Group on the Project Crypto Digital Associate Markets.
Atkins proposed to make the license rules easier to allow for property classes or equipment multiplied by brrokerages under a license, while a pronounced market -structure to separate separate items, which come from most cryptocurrency securities.
The regulator exaggeration or grace period should be borne for the initial stage crypto projects, initial coin prasad, and decentralized software to allow these projects to be innovated enough, crushed them under the weight of literature or the SEC said the fears of the reportal, Atikins.
99% of CFOS plans to use the long term of crypto, 23% within two years: Deloite
Cryptocurrency Survey of CFOS.
In the survey, AMANG 200 CFOs were organized in companies over $ 1 billion in revenue, which revealed that 23% expert experts expert their Treasury departments to use Crypto for investing or paying their Treasury departments with the next two years. The figure climbs up to 40% among CFOs in firms with revenue of more than $ 10 billion.
Despite the speed, finance major remains vigilant. Concerns about value volatility are at the top of the list, 43% of the respondents quoted it as a primary obstacle to adopt non-stable crinis such as bitcoin and ether.
Other major concerns include accounting complexity (42%) and regulator inaccuracy (40%), of which the latter is complicated by transferring American policy.
UK regulator bans Crypto Atin for retail investors
The Financial Conduct Authority (FCA) of the United Kingdom has banned retail on the Cryptocurrency Exchange-Anded Notes (CETNS).
Companies in the UK will be able to offer retail consumer CETNs with effective regulatory changes on October 8, united for an FCA announcement on Friday.
The new development in the UK regulator approach on Crypto comes after a ban on Crypto Atins on FCA in January 2021, which lacks the extreme volatility of Crypto assets and “need for” legitimate investment “for retail consumers.
In declaration in David Gaela, FCA Exiter of Payment and Digital Finance, Diade, Diyid, “Since we have banned retail to CETNS, and products have developed, and products have been more important mainstream and better understanding.
Coindcx Emplye $ 44m Crypto Hack with Tones:
An employee of Coindcx, a Cryptocurrency Executive that was hacked for $ 44 million in mid -July, was arranged in India in relation to a second.
The Bengaluru City Police detained Coindcx software engineer Rahul Aggarwal after hackers managed to compromise their login credentials in Siphon on Thursday.
A complaint and an arrest after an international investigation by Coindcx Operator Neblio Technologies, which determined that Agarwal’s credibility was compromised through work laptops, which has unauthorized access to the company’s server.
Questioning as his laptop, 30 -year -old, Aggarwal refused to participate in crypto, but accepted part -time work for four private customers, while still has employment in coindcx.
Winner and losers
At the end of the week, bitcoin ,BTC, $ 113,936 is on ether ,Two, At $ 3,527 and XRP At $ 3.01. According to coinmarketcap, the total market cap is $ 3.71 trillion.
The largest in 100 cryptocurrency, the top three of the week are Altcoin beneficiaries (Form) At 12.96%, tincin (Ton) 11.49% and on story (IP) At 10.00%.
The top three altcoin losers of the week are fartcoins (Fartcoin) At 30.55%, Bonac (Bonk) 28.08% and on virtuals protocol (Virtual) At 23.03%. For more information about crypto prices, be sure to read the market analysis of cointelegraph.
Memorable quotation
Ted pillowCrypto Investor and Entrepreneur:
“I think BTC can break up
Ray dalioFounder of Bridgewater Associates:
“(If) you were adapted to your portfolio for the best return-to-risk ratio, then you will have about 15% of your money in gold or bitcoin.”
Defee investorCrypto Analyst:
“Stablecoins are the product that can go on a ship on the first Arab on-chain.”
Standard Charitor Bank,
“We think that (Ether Treasury firm) can eventually eliminate 10% of all Eth, which is 10X investment from current holdings.”
Take fongChairman and CEO of Strategy:
“We impose capital on the most new technology and property in the history of mankind, on the other hand, we are possibly the most wrong and underweight stock in the world and powerful.”
Joe LubinConsider CEO and Chairman of Sharplink Gaming:
“We assume that we will be able to accumulate more ether-dilute share-delay than a second atherium-based project, or centrally faster than bitcoin-bash projects.”
Top prediction of the week
XRP’s ‘Bulish Diversion’ rais 20% price raly raly capacity in August
The XRP can gear up to the short-end, with signing a jump of a potential 20% value by the end of August.
On its four -hour candle chart, XRP shows a rapid deviation, a common signs often indicate a potential trend inverted.
In this case, XRP is reducing the price, which is making the relative power index, a motion indicator, high people. Such a disconnect suggests that the recently sold pressure is losing strength.
Top Fads of Week
Crypto hacks the top $ 142m in July, coindcx with major disadvantages
Bad actors and scammers stole at least $ 142 million from the Crypto Space in July, in 17 separate attacks, for the most significant damage with the exploitation of the Crypto Exchange Consux.
Blockchain Security firm Pickeld said in an X post on Friday that the loss of total motors represented an increase of 27% from $ 111 million in June.
However, this is still a decline of 46% from the same time of last year, when in July 2024, $ 266 million was seen by hackers, in which the lion’s shares violated the Indian Crypto $ 230 million for the time.
The co-founder of Tornado Cash faced judicial after closing the argument
The prosecutors and the defense on Wednesday decided the fate of the Roman Storm, co-founder of Cryptocurrency Mixing Service Tornado Cash.
The concluding logic phase of a test occurs when both sides summarize a case before or before judicial, make their matters and try a last time before the fact-Irade, which offers to dealebrate.
Stream
US prosecutors allege that the storm hatched a conspiracy to loot the money, violated the American Singh and operated a money-transcendent business without a license. If perfect is done, the storm may withstand a prison of up to 40 years.
Indonesia Crypto Exchange enhances taxes on Sales and Minors
The Indonesian government updated its tax policies for the Crypto industry, removing the value-outs up to the buyers and increased the levy on traders and miners.
On Monday, Indonesia’s Finance Ministry issued several regulatory updates, which number of rules is 50/2025 more. 53/2025, which AMND crypto tax rating and complaint requirements effective August. 1.
For Reuters, the new Framework has invested income tax on domestic exchanges from 0.1% to 0.21% of Crypto asset sales sales.
The report states that new taxes are quite high for the sale of crypto.
Top magazine stories of the week
ZK Tech: Roadmap of Ethereum for 10,000 TPPS using Dummies Guide
Whatever you need to prove Zkevms and real time will increase the Etreum for the need of the whole world.
Chinese made us fun of Crypto policies, Telegram’s new dark markets: Asia Express
Chinese’s half -hour TV special lashes US Crypto dysfunction, Hione shared infrastructure with the growing telegram dark market, and more.
AI secretly to love owls … or Hitler. Meta + AI Porn? AI eyes
Researchers discovered AIS canof secret messages in random numbers that make other AIS love owls … or esoter Hitler. Plus other strange AI news.
