Hong Kong is finalizing one of the world’s strictest stablecoin regimes and missing deadlines may mean jail.
🟠Aug 31, 2025 — new applicants must notify HKMA about plans to issue stablecoins 🟠Sept 30 — submit full application to join the “first wave” 🟠Oct 31 — deadline for existing issuers to apply, or face shutdown 🟠Nov 1 — “closing-down period” starts for non-compliant issuers 🟠Jan 31, 2026 — end of provisional status 🟠Feb 1 — illegal to issue or promote stablecoins without a license
🟠Penalties: up to 7 years in prison or $640k fine 🟠Fraud or fake license claims: up to 10 years in prison or $1m+ fine
Russian investigators and inquirers have been granted the authority to temporarily suspend financial transactions, including electronic payments and telecom service advances, for up to 10 days.
The suspension requires substantial grounds and must be followed by a court ruling; if no arrest is approved within the period, transactions automatically resume. $BTC #ProjectCrypto
AllUnity, backed by DWS Group, Flow Traders, and Galaxy Digital, has launched a euro-denominated stablecoin called EURAU on Ethereum.
Fully collateralized and BaFin-licensed, the token targets corporate adoption and aims to rival dominant dollar-based stablecoins with a regulated, independent alternative.
Wall Street is reshaping Bitcoin trading by bringing it under U.S. financial infrastructure.
The surge in IBIT-linked options, now totaling $34bn in open interest, signals Bitcoin’s transformation from a retail-led asset into a fully institutionalized risk instrument. #WallStreetNews #bitcoin $BTC
Bitmain, the world’s largest Bitcoin mining hardware manufacturer, plans to open its first U.S. factory in either Texas or Florida by the end of the third quarter of 2025.
The facility is expected to begin production in early 2026 and reach full capacity by year-end, initially employing around 250 local workers trained in assembly and maintenance. #BTC
PayPal has launched the “Pay with Crypto” feature, enabling online merchants to accept payments in over 100 cryptocurrencies — directly at checkout.
🟠The feature will roll out to all U.S. merchants in the coming weeks 🟠Crypto payments are automatically converted to either PayPal’s stablecoin (PYUSD) or U.S. dollars, and merchants receive funds instantly
Russia will begin the gradual implementation of the digital ruble and a universal QR code in its national payment system, following a law signed by President Vladimir Putin.
Starting in September 2026, large merchants must accept payments in digital rubles, with full adoption expected by 2028. #CryptoScamSurge #BNBBreaksATH
The PNC Financial Services Group Inc. has partnered with the cryptocurrency exchange Coinbase Global Inc. to provide its banking customers access to digital currency services.
This collaboration is expected to initially allow wealth management and asset customers to trade cryptocurrencies directly using their PNC accounts.
Telegram officially launched its TON self-custody wallet in the US, allowing its 87 million users to send, receive, and manage cryptocurrencies directly in the app, without the need for downloads or logins.
The wallet supports stablecoin transfers, token swaps, and cryptocurrency purchases with no fees via MoonPay, and is seen as a potential competitor to platforms like Cash App and Coinbase, primarily due to its integration with Telegram's Mini Apps ecosystem.
JP Morgan is exploring the possibility of offering loans backed by Bitcoin and Ethereum as early as next year, marking a significant shift in the bank's digital asset strategy. #BTCvsETH #CryptoMarket4T
Starting in 2026, Russians will face fines for using cryptocurrencies as a means of payment, with penalties starting at ₽100,000 (US$ 1.130) for individuals and ₽700,000 (US$ 7.900) for companies.
Although the possession and trading of cryptocurrencies remain legal, the government intends to close a loophole by applying direct penalties for payment violations. #CryptoMarket4T
The Ether Machine announced its public launch following a merger with Dynamix Corporation, creating the largest public vehicle for institutional exposure to Ethereum.
The company will manage over 400,000 ETH and secured a historic capital increase of US$ 1.5 billion, with anchor investments including US$ 645 million from co-founder Andrew Keys and US$ 800 million from investors such as Blockchain.com, Pantera Capital, and 1Roundtable Partners. #ETHBreaks3700 #StablecoinLaw #BTCvsETH
BitGo Holdings, Inc. has confidentially submitted a draft registration statement to the SEC for its proposed initial public offering (IPO) of Class A common stock.
The number of shares and the price range for the offering have not been determined, and the IPO is expected to take place after the SEC review process is completed, subject to market conditions. #BTCvsETH #BitGo