Key Takeaways Lummis said U.S. crypto rules are “not working,” urging a Senate vote on CLARITY before August 8. Prediction markets put 2026 passage odds near 30%, down sharply from over 80% in February. The Senate needs 60 votes; Republicans hold 53, requiring at least seven Democrats to cross over. A Blunt Assessment From the…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For many crypto users, high decentralized finance (DeFi) yields sound great on paper, but actually getting them is a headache. Navigating cross-chain bridges, setting up Web3 wallets, approving complex smart contract transactions, and managing gas…
Key Takeaways AMRO economists argue pricing AI compute and infrastructure in dollars could trigger a new dollar loop. Dollar-pegged stablecoins could become the default programmable money for automated AI agent payments. Asian nations are urged to develop local digital currencies and data centers to limit dollar reliance. AMRO Economists Argue American AI Dominance Might Cement…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For decades, dealing with government agencies in the Philippines meant taking a day off work, filling out identical paper forms, and standing in long queues under humid tents just to prove who you are, over…
Key Takeaways Aave plans to exit six chains and remove 71 markets covering $98.1M in deposits. Aave’s $14.5B scale shows DeFi is prioritizing revenue over low-use expansion. Aave will shift resources to larger markets and securities finance after six network exits. Aave Plans 50 Asset Removals as Multichain Costs Rise Aave is pruning its sprawling…
Key Takeaways Coinkite issued a security advisory for Coldcard Mk3 users on July 30, 2026. Reports show about 594 BTC, near $38 million, left roughly 500 dormant wallets. Coinkite’s advisory covers Mk3 firmware 4.0.1 through 5.0.3, its final supported release. Hardware wallet incidents rarely unfold as isolated events. When long-dormant addresses begin moving in a…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas (BSP) released an updated directory of registered Virtual Asset Service Providers (VASP), detailing six active non-bank VASPs, one inactive non-bank VASP, and two active bank VASPs operating under central bank…
Key Takeaways OSL says it has become the first Hong Kong exchange to offer XRP trading to retail investors. Retail customers can trade XRP through Flash Trade and OTC services. The listing expands regulated access to one of the world’s largest cryptocurrencies. OSL Opens XRP Trading to Retail Investors OSL Digital Securities has launched XRP…
Key Takeaways Central bank gold demand hit a Q2 record of 289 tonnes, rebounding sharply from a weak Q1. Poland led purchases to near its 700-tonne goal, while China accelerated buying and Russia sold. Most central banks plan to continue adding gold to their reserves to hedge against geopolitical risks. Central Bank Gold Demand Picks…
Key Takeaways CEO Lee Jun-hee said Samsung SDS will combine its cloud expertise with Dunamu’s blockchain technology. Samsung SDS cited stablecoin issuance-to-settlement validation as a key competitive capability. Samsung SDS said its Dunamu investment will expand opportunities in digital asset infrastructure. President and CEO Lee Jun-hee outlined the strategy during Samsung SDS’s second-quarter 2026 earnings…
