Cryptocurrency
EU Parliament Passes Message-Scanning ‘Chat Control’
The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics.EU lawmakers on Thursday largely voted against extending the regulation, dubbed “Chat Control...
Cryptocurrency
US Lawmaker Pushes Crypto Developer Protections as Senate Weighs CLARITY Act
Key TakeawaysU.S. Senator Ron Wyden urged Senate leaders to preserve protections for non-custodial blockchain developers in the CLARITY Act.Crypto policy advocates praised Wyden’s stance as a defense of software publication and open internet principles.Alex Thorn said backing developer protections...
Cryptocurrency
Coinbase Chief Legal Officer to Transition to Advisory Role on July 31
Paul Grewal, who has served as Coinbase’s chief legal officer since 2020, announced that he would transition to an advisory role at the exchange starting on July 31.In a Thursday X thread and LinkedIn post, Grewal said Coinbase’s legal...
Cryptocurrency
Bitcoin Needs a Daily Close Above $64,700 to Seal Its Latest Rebound, Says Trader
Bitcoin (BTC) saw intraday highs after Thursday’s Wall Street open as US stocks rebounded on fresh Iran peace hopes.Key points:Bitcoin joins a risk-asset rebound as US President Donald Trump said that Iran "wants to make a deal" after the...
Cryptocurrency
BNB Chain Gas-Free Stablecoin Transfers Target Crypto’s Everyday Payment Problem
Stablecoins are useful, but crypto still has a simple payment problem: users do not want to think about gas. BNB Chain’s push toward gas-free stablecoin transfers is aimed directly at that friction point, especially for wallet users who are...
Cryptocurrency
Live markets: Bitcoin ETFs slip back to outflows while ether funds extend their streak
U.S. spot bitcoin ETFs lost a net $85 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million, per SoSoValue data. Ether ETFs took in about $70 million the same day, a fifth straight...
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Watch: Scaffolding ripped from Hong Kong building as Typhoon Noul makes landfall
Police said they received numerous calls after multi-storey scaffolding along Cheung Sha Wan Road collapsed in powerful winds on...