CryptoNews

Ghana Moves to License Crypto Firms, Citing Revenue and Oversight Goals

The Ghanaian central bank is set to introduce a draft regulatory framework for licensing digital asset companies by September. Acknowledging Crypto’s Enduring Presence The Ghanaian central bank has reiterated its goal to license digital asset companies, stating that a draft regulatory framework to oversee them is set to be tabled in the nation’s parliament by September. According to Johnson…
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XRP Ledger at Core of VERT’s Strategy for $500M in Tokenized Private Credit Pipeline

XRP Ledger is powering a $130 million breakthrough in Brazil’s private credit markets, with over $500 million more queued as tokenized finance takes center stage. XRP Ledger Just Captured $130M CRA—And $500M More Is Locked and Loading Brazil’s shift toward real-time, transparent credit markets is accelerating with the launch of blockchain-backed private credit infrastructure built on the…
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New IRS Crypto Form Could Trigger 'Phantom Gains' and Unwanted Audits, Expert Warns

The Internal Revenue Service’s new Form 1099-DA, while designed to streamline tax reporting for cryptocurrency users, may inadvertently trigger audits due to incomplete cost basis data provided by exchanges, an expert warns. The ‘Phantom Gain’ Trap The Internal Revenue Service (IRS)’s new Form 1099-DA, though well-intentioned, could unfairly target many cryptocurrency users for audits due…
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‘Crypto Queen’ Lummis Urges Senate to Skip August Recess

Senator Cynthia Lummis Calls on Senate to Cancel Summer Break Amid Digital Asset Push Wyoming Senator Cynthia Lummis, often referred to as the “Crypto Queen,” has urged her colleagues in the U.S. Senate to forgo their traditional August recess, insisting that lawmakers…
CryptoNews

Mercurity Fintech Secures $200 Million for Solana Treasury

Mercurity Fintech Secures $200 Million from Solana Ventures for SOL Treasury Expansion Mercurity Fintech Holding Inc. (Nasdaq: MFH) has secured a $200 million equity line of credit from Solana Ventures Ltd., marking a pivotal milestone in its evolution from a fintech…
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Report: Presidential Working Group's Crypto Report Release Imminent

The White House is poised to release its long-awaited comprehensive report on digital assets, marking the Trump administration’s first major crypto policy blueprint, according to a report by Crypto In America’s Eleanor Terrett. White House Digital Assets Report Due Before Month’s End, Reporter’s Source States The report, officially due on Tuesday, July 22, will be made public “before the…
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