① Tether backs Mercado Bitcoin with $20 million to expand blockchain financing

Tether has invested $20 million in Mercado Bitcoin to support the Brazilian company’s expansion in tokenized assets, blockchain payments, lending, and on-chain capital markets. According to a Tuesday, July 7 announcement from Tether, the investment is Tether…

② EU Parliament targets DeFi and NFTs in a post-MiCA crypto push
EU lawmakers have approved a policy position calling for a review of whether, after the rollout of MiCA, decentralized finance, staking, crypto lending, borrowing, and NFTs should be included more explicitly in the EU’s crypto rulebook. According to the European Parliament, …

③ Former Tether CIO Heathcote plans to sell equity
Bloomberg reported on Monday, citing people familiar with the matter, that Richard Heathcote, who earlier this year had served as Chief Investment Officer of Tether Holdings SA, plans to sell a small portion of his stake in the stablecoin issuer. Heathcote is working with investment bank PJT Partners to sell part of…

④ Nigel Farage resigns from UK Parliament over crypto “gift” scandal; to contest by-election
The Reform Party leader and Brexit supporter confirmed that he is the subject of an investigation by UK authorities after reports that his alleged “gifts” came from figures associated with the crying pto enterprise.

⑤ Institutional crypto exchange EDX gets $76 million from SBI Holdings
The funding round comes as institutional investors continue to support crypto market infrastructure, despite a slowdown in venture capital across the broader digital asset industry.

⑥ Ripple partner gets funding from Tether
Stablecoin issuer Tether has announced a $20 million strategic investment in Latin American digital asset heavyweight Mercado Bitcoin.

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