Geopolitics

Gate News message, six stablecoins have obtained licenses to operate in the European Union under MiCA regulations. The licensed stablecoins include $USDC, $EURC, $EURCV, $EURI, $EURQ, and $USDG. Under MiCA framework, dollar-denominated stablecoins continue to lead in terms of market

Bitcoin dropped to a 24-hour low of US$62,785 before recovering to approximately US$63,836 by Wednesday afternoon AEST, marking a 4.3% decline from Monday's intraday high of US$65,618 and leaving the cryptocurrency down 3.7% over seven days. The decline coincided with a second consecutive session of

According to Odaily, South Korea's Financial Services Commission (FSC) plans to draft a unified Digital Assets Basic Law with the ruling Democratic Party, covering stablecoin issuance and circulation, business rules, exchange access requirements, information disclosure, internal controls, and

Bitcoin declined to the $63,000 range ahead of the Federal Reserve's interest rate decision on the 29th. Yahoo Finance attributed the decline to falling AI-related stocks, uncertainty over the Fed's next rate decision, and delays in cryptocurrency-related legislation in Congress. The market faces re

Bitcoin declined to the $63,000 range on the 29th as the cryptocurrency market faced pressure from multiple factors ahead of the Federal Reserve's rate decision, according to Yahoo Finance. The report identified artificial intelligence-related stock declines, uncertainty surrounding the Fed's next r

According to Deputy Prime Minister Koo Yoon-chul on July 29, South Korea will proceed with cryptocurrency taxation starting next year as originally scheduled. Currently under exemption through year-end, virtual asset income will be classified as 'other income' rather than capital gains, subject to a

The International Monetary Fund (IMF) said in its July report on stability assessments of Brazil’s financial system that since 2017, the use of cryptocurrencies—especially stablecoins—has been growing steadily and has now surpassed traditional channels to become the main way for cross-border funds to flow into and out of Brazil. At the same time, Argentina’s BIND Group and the Peterson Group are rolling out a peso stablecoin via subsidiaries, bypassing Argentina’s central bank ban since May 2022

Bitcoin (BTC) makes a slight rebound in the short term, temporarily around $63,820 as of July 29. Before the August recess, the U.S. Senate plans to push for a vote on the CLARITY Act, with moral clauses and bank lobbying serving as key obstacles. Strategy founder Michael Saylor warned that internal corruption is Bitcoin’s biggest threat and specifically called out opposition to BIP-110. Macroeconomic Events & Crypto Hotspots 1、According to Politico, Republican senators in the U.S. hope to advan

July 29, Bitcoin edged higher to around $64,000; earlier that same day, the Iranian Islamic Revolutionary Guard Corps launched multiple ballistic missiles from within Iran at the U.S. military’s Al-Azraq air base in Jordan. The U.S. Central Command said all missiles were successfully intercepted. The news quickly reversed oil prices: Brent crude had already fallen to around $83.75 per barrel, while WTI dropped to about $78.55 per barrel. Iran attacks U.S. base in Jordan, shipping risk in the Str

A state-backed Chinese firm began manufacturing domestically developed immersion deep ultraviolet lithography machines on July 27. The machines are critical tools used to etch patterns onto silicon wafers that become chips powering devices from smartphones to Bitcoin mining rigs. The development

On July 27, a state-backed Chinese firm began manufacturing domestically developed immersion deep ultraviolet (DUV) lithography machines, the critical tools used to etch patterns onto semiconductor wafers. The initial production run targets roughly five machines in 2026, scaling to approximately

Cryptocurrency long positions worth $447.04 million (approximately 656.9 billion KRW) were forcibly liquidated in the past 24 hours, marking the largest liquidation event since June 25, according to data from CoinGlass on the 28th (Korean time). Bitcoin dropped to an intraday low of $63,555 (approxi

According to The Block, Russia's Central Bank unveiled a regulatory framework for digital asset trading, establishing entry and operational rules for crypto exchanges and digital custodians. The draft requires custodians to maintain registered capital between 50 million and 250 million rubles in

The Bank of Russia published draft regulations this week establishing the country's first framework for organized trading of digital assets and digital rights. Under the proposals, crypto exchanges must maintain between 50 million rubles ($640,860) and 250 million rubles ($3.2 million) in equity

Senate Majority Leader John Thune delayed debate on the Digital Asset Market Clarity Act, shifting legislative focus toward federal nominations and a Russia sanctions bill. Bitcoin fell below recent support levels during a sharp selloff across Asian equity markets, extending losses from the

According to ChainCatcher, Kenya's National Treasury has lowered the minimum paid-in capital requirement for stablecoin issuers by 40% to approximately $2.32 million, down from the roughly $3.9 million threshold in the March 2025 draft regulations. Under the new framework, Kenya's Central Bank