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. Major theft at Indian crypto exchange In Bengaluru, India, a $44 million crypto heist occurred at Neblio Technologies (Coin$DCX operator), suspected to be carried out by North Korean hackers. Authorities are investigating money laundering through anonymized blockchain networks and have detained a local tech expert .
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1. U.S. launches comprehensive crypto regulation roadmap The White House has released a detailed 160‑page policy report outlining a regulatory framework to usher in what it calls a “Golden Age” of crypto innovation in the U.S. It strongly pushes the SEC, CFTC, IRS, and Treasury to clarify rules for trading, custody, taxation, and banking services related to digital assets. This report reinforces the GENIUS Act, which mandates full reserves, audits, and transparency for stablecoins. However, it did not include new developments on previously announced plans for a federal Bitcoin strategic reserve . 2. GENIUS Act becomes law On July 18, 2025, President Trump signed the GENIUS Act, making it the first federal legislation to regulate stablecoins. It requires dollar‑equivalent backing, monthly audits, and anti‑money laundering compliance (S.1582) . 3. Bitcoin and Ethereum ETF updates The SEC has approved in-kind redemptions for spot Bitcoin and Ethereum ETFs. This allows authorized participants to deliver actual BTC or ETH instead of cash, boosting liquidity and market efficiency. Bitcoin hovers around $118K–$120K, while Ethereum has jumped above $3,800, thanks to strong ETF inflows . 4. Crypto prices dip ahead of Fed rate decision Bitcoin, Ethereum, $XRP , and $SOL are down—Bitcoin by 0.9%, Ether 2%, XRP 2.5%, and Solana 3.4%—as markets await the Federal Reserve's decision. Investors are watching for any dovish signals that could spark a rebound . 5. Pakistan accelerates crypto adoption The Pakistani government is fast‑tracking digital currency integration into mainstream sectors such as banking, forex, and gold trading. In 2025, the government has also launched the Pakistan Crypto Council (PCC) and a strategic $BTC reserve, allocating power for mining and data centers to foster digital-asset growth .
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XRP Coin: Future Potential Overview 🔹 What is $XRP XRP is a digital payment protocol developed by Ripple Labs. It's designed to facilitate fast, low-cost international money transfers for banks and financial institutions. --- 📈 Factors That Could Lead to XRP Price Increase 1. Legal Clarity: Ripple recently won a major part of its lawsuit against the SEC in 2023. If future legal matters are resolved in Ripple's favor, investor confidence may rise, pushing the price up. 2. Adoption by Banks:is already used in RippleNet by some financial institutions. If more banks adopt XRP for cross-border payments, demand could increase. 3. Limited Supply: XRP has a maximum supply of 100 billion coins, and a large portion is locked in escrow. This scarcity can support price appreciation if demand rises. 4. Market Sentiment: Positive news, partnerships, or global crypto regulations can influence bullish trends. 5. Bullish Crypto Market: If$BTC Bitcoin and $ETH Ethereum continue to rise, altcoins like XRP often follow.
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