Brazilian Federal Police Dismantle $2 Billion Crypto Money Laundering Ring Linked to the PCC Cartel

The operation, named “Exchange,” involved the participation of over 50 officers who executed 13 search and seizure warrants and 11 temporary arrest warrants in the state of Sao Paulo. The organization used crypto to launder illicit funds tied to Primeiro Comando da Capital (PCC).   Brazil Terminates PCC-Linked Crypto Money Laundering Ring The Brazilian Federal … Read more

“Everything is Ready”: Russia Finalizes Preparations for Nationwide CBDC Rollout

Elvira Nabiullina, Governor of the Central Bank of Russia, stressed that the main banks and large retail businesses were “ready for the widespread use of the digital ruble. The rollout of Russia’s CBDC is programmed for next September.   Central Bank of Russia Prepared for Digital Ruble Rollout The Central Bank of Russia has reaffirmed … Read more

UAE Central Bank Clears DDSC for VARA Platforms, Bringing Dirham Stablecoin to Consumers

The Central Bank of the UAE has granted a no-objection certificate to the dirham-backed stablecoin DDSC, allowing it to list on regulated exchange platforms. Federal Oversight and the Retail Transition The UAE dirham-backed stablecoin DDSC has reportedly secured a no-objection certificate from the Central Bank of the UAE. The approval opens the door for DDSC … Read more

SARS Pushes New Crypto Tax Rules for 6 Million Users as Audits Ramp up Across South Africa

The South African Revenue Service (SARS) has published its guidance on the taxation of crypto assets to standardize compliance for an estimated 6 million local users. SARS Targets Six Million Users The South African Revenue Service (SARS) has released guidance on the taxation of crypto assets, a major regulatory push to standardize compliance across the … Read more

Hyperliquid Helps VALR Launch Over 200 Perpetual Markets as Decentralized Liquidity Gains Ground

Crypto exchange VALR is introducing perps, a new derivatives product offering over 200 cross-asset perpetual futures markets. Evolution of the Perpetuals Market Cryptocurrency exchange VALR announced it is preparing to roll out a major expansion of its derivatives offering with the launch of “Perps,” a cross-asset perpetual futures product that will introduce more than 200 … Read more

Coinbase Showcases Progress Toward All-in-One Financial Platform

A wide-ranging product recap showed how Coinbase has advanced its “every asset, every market, one platform” strategy across trading, payments, artificial intelligence, stablecoins, and on-chain infrastructure. How Coinbase Is Building Beyond Crypto Trading Crypto exchange Coinbase (Nasdaq: COIN) published on July 1 a monthly recap outlining progress toward making more assets tradable through a single … Read more

Ripple Joins America250’s Giving 4th Campaign, Pledges $10,000 XRP Donation Match for Veterans

Ripple joined America250’s Giving 4th campaign on July 4 with a pledge to match donations in XRP supporting the Call of Duty Endowment. The effort links Independence Day charitable giving with programs helping veterans move into civilian jobs. Why Did Ripple Join the Giving 4th Campaign? Ripple announced on July 4 its participation in Giving … Read more

Grayscale Spotlights the Applications Fueling Solana’s Rapid Growth

Grayscale says Solana’s growing application ecosystem is driving major on-chain activity, with the network averaging more than 100 million daily transactions year-to-date and supporting more than 1,000 decentralized applications. Why Applications Are Fueling Solana’s Growth Solana’s recent growth is being tied directly to the applications running on its network, according to Grayscale Head of Research … Read more

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