1. Emirates to Accept Crypto Payments via Crypto.com
Dubaiâs Emirates airline signed a preliminary agreement with Crypto.com to offer cryptocurrency payments starting next year. The move targets tech-savvy travelers and aligns with Dubaiâs crypto-friendly regulatory push under VARA and its growing crypto ecosystem.
2. Ant International Eyes Stablecoin Licenses Globally
Ant Groupâs international arm is âseriously consideringâ stablecoin license applications around the world. Their goal is not to facilitate crypto trading, but to enhance global payment systems using fiat-pegged tokens.
3. Bitcoin Momentum Fades as Rally Pauses
Bitcoin edged up 0.3% to $108,762 but sits ~3% below its May record high. Rising prices from Ethereum, Solana, and XRP couldnât sustain momentum, with analysts warning that a lack of catalysts is putting the crypto rally under pressure.
4. House Declares âCrypto Weekâ to Pass Industry-Backed Bills
U.S. House Republicans designated next week as âCrypto Week,â aiming to pass three bills: the GENIUS Act (stablecoin oversight), CLARITY Act (defining SEC vs. CFTC jurisdiction), and Anti-CBDC Surveillance State Act (FDA federal CBDC prohibition). These proposals support innovation but draw mixed reactions from consumer advocates.
