Kazakh crypto miners plead with President to cut energy prices
Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev. Go to Source
Asia
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Indian state governments spur blockchain adoption in public administration
Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology. Go to Source
Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle
Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users. Go to Source
Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities
The crypto exchange’s focus on non-U.S. markets is part of a next phase in its expansion plans, said the firm. Go to Source
Uzbekistan permits two banks to issue crypto cards
Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation. Go to Source
Circle CEO: 70% of USDC adoption comes from outside the US
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing. Go to Source
Binance Japan begins launching trading services for residents
The Japan-based crypto exchange said it was offering spot trading for 34 tokens as of Aug. 1, with plans to migrate global Binance users starting on Aug. 14. Go to Source Powered by WPeMatico
Kuwait bans crypto and virtual assets transactions
Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country. Go to Source Powered by WPeMatico
Bitcoin price falls under $30K as macro and regulatory worries take center stage
As investor’s euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact BTC price. Go to Source Powered by WPeMatico
Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec
In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi. Go to Source Powered by WPeMatico
