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PayPal Rolls Out Crypto Payment Option for U.S. Businesses
On July 28, PayPal introduced Pay with Crypto, a new checkout feature that allows businesses in the United States to accept payments in over 100 cryptocurrencies. Each transaction is converted immediately into U.S. dollars or PayPal’s stablecoin, PYUSD. This gives... -
Grand Jury Indicts Denver Pastor and Spouse Over $3.4 Million Crypto Scheme
A grand jury in Denver District Court indicted Eligio “Eli” Regalado and his wife, Kaitlyn Regalado, on 40 felony charges, including theft, racketeering, and securities fraud. Between January 2022 and July 2023, the couple allegedly ran a crypto scam that... -
Stablecoin Supply Soars by $4B Following US Crypto Legislation
Following the passage of the GENIUS Act by the US House of Representatives, early signs of its impact are already showing across the crypto industry. The total value of stablecoins in circulation has increased by nearly $4 billion, pushing the... -
US SEC Greenlights Bitwise ETF Conversion, Then Halts It Immediately
The U.S. Securities and Exchange Commission (SEC) has abruptly paused Bitwise’s plan to convert its over-the-counter (OTC) crypto index fund into a spot exchange-traded fund (ETF), just hours after the application received initial fast-track approval from the Division of Trading... -
U.S. Moves to Forfeit $7.1M in Crypto Tied to Oil & Gas Fraud Scheme
The U.S. Attorney's Office in Seattle has filed a civil action seeking the forfeiture of over $7.1 million in cryptocurrency linked to a complex oil and gas investment scam that spanned multiple countries. The crypto funds were traced to shell... -
UK Authorities Seize Seven Illegal Crypto ATMs in London Amid FCA Crackdown
On July 17, 2025, the Financial Conduct Authority (FCA) revealed that it collaborated with the Metropolitan Police to raid four southwest London locations, confiscate seven unregistered crypto ATMs, and arrest two individuals on money laundering charges. https://twitter.com/coinknowledge1/status/1945920011362877601 FCA and Metropolitan... -
Banking Lobby Urges Delay on Crypto Bank Licences as FDIC and Regulators Evaluate Risks
U.S. banking groups are urging federal regulators to hold off on approving new licences for crypto-focused banks. They say moving ahead without clear, consistent rules could put customers and the financial system at risk. Currently, the FDIC, OCC, and Federal... -
Stellantis Warns of Massive First-Half Loss on Restructuring Costs and Tariffs
Global automotive giant Stellantis N.V. (NYSE: STLA) expects a net loss of €2.3 billion (around $2.7 billion) for the first half of 2025. This grim outlook, announced in preliminary and unaudited figures, comes as the company grapples with the escalating... -
Nasdaq-Traded Miner BTC Digital Replaces Bitcoin with Ethereum in Treasury Revamp
On July 17, BTC Digital (BTCT), a U.S.-based Bitcoin mining firm listed on Nasdaq, announced a complete overhaul of its treasury strategy by converting all current and future Bitcoin holdings into Ethereum. The company now sees Ethereum as a key... -
UK Lawmakers Push to Ban Crypto Donations Amid Election Integrity Concerns
On July 15, 2025, UK ministers moved to ban political donations using crypto, after Reform UK began accepting Bitcoin in May. Cabinet Office Minister Pat McFadden announced that donations over £500 would be restricted to verified UK-based donors. The proposal...