Key Points: Kakao’s task force with top executives aims for a won-based stablecoin.
Kakao’s stablecoin plans face regulatory challenges.
Industries respond with separate stablecoin initiatives.
Kakao Group, a major South Korean internet conglomerate, has formed a stablecoin task force, involving t

Key Points: SEC issues new stablecoin guidance affecting U.S. dollar-pegged coins.
Classification excludes them from being considered securities.
Impacts stablecoins like USDC, enhancing regulatory clarity.
The U.S. SEC has updated its guidance, classifying certain stablecoins as ‘cash

Key Points: North Korean groups infiltrate cloud systems, stealing crypto assets globally.
Hacker methods evolve with AI and social media recruitment.
Over $1.6 billion projected loss in crypto assets by 2025.
North Korean hacker groups have escalated efforts, infiltrating cloud systems via fake I

Key Points: EU delays countermeasures on US trade, impacting €93 billion trade volume.
Negotiated solutions preferred by EU leaders until August 2025.
Potential use of “Trade Bazooka” by EU as a strategic response.
The European Union has extended the delay on implementing trade countermeasures

Key Points: DeFi Development Corp acquires 110,466 SOL.
Strengthens Solana-focused treasury strategy.
Potential to boost institutional interest in Solana.
DeFi Development Corp. acquired 110,466 Solana (SOL) for $18.4 million, boosting total holdings to approximately 1.29 million SOL, valued at

Key Points: Chinese tax authorities enforce overseas income tax, including crypto.
Residents must report foreign gains annually.
Non-compliance results in back taxes and penalties.
The Financial Times reports that China’s tax authorities have intensified requirements for residents to declare and p

Key Points: George Osborne criticizes the UK crypto policy in an unverified report.
Remarks suggest UK might lag in crypto innovation.
Osborne pushes for a legal framework tailored to cryptocurrency.
According to BlockBeats News, former UK Chancellor George Osborne criticized the Labour

Key Points: Market share rankings for Solana’s token issuance, highlighting leading platforms and shifts.
Letsbonk leads with 65.2% market share amid increased ecosystem activity.
Focus on Solana’s growing role in the crypto issuance landscape.
In the last 24 hours, Solana’s Letsbonk captured a 65

Key Points: Hong Kong enacts stablecoin law, targeting fiat-backed stability.
Stablecoins must have full reserve backing.
No immediate stablecoin issuer approved under new law.
On August 1, 2025, the Hong Kong Legislative Council enacted the Stablecoin Regulation, mandating 100% fiat backing,

Key Points: Adriana Kugler’s resignation opens a Federal Reserve vacancy for Trump’s nomination, likely influencing rate policy.
Trump has called for rate cuts, contrasting with Powell’s approach.
No immediate crypto asset impact documented, but potential implications for BTC and ETH.
Federal Rese

Key Points: Trump fires Erika McEntarfer, appoints William Wiatrowski as acting BLS head.
Weak non-farm payroll data cited for leadership change.
Minimal immediate crypto market impact reported.
President Trump dismissed BLS Commissioner Erika McEntarfer on August 1, 2025, following weak job data

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Justin Sun, TRON founder, will join Blue Origin’s New Shepard spaceflight on August 3, 2025, donating his $28M bid to global youth STEM education initiatives.
 While Sun’s spaceflight highlights personal ambitions, it does not impact TRON

Key Points: Hong Kong stablecoin regulations lead to temporary OTC shop closures.
Shops closed to mitigate regulatory risks amid uncertainties.
Compliance requires licenses for stablecoin activities, prompting varied responses.
On August 1, 2025, Hong Kong’s new stablecoin regulations prompted

Key Points: Alleged $2.4 billion Bitcoin strategy lacks official confirmation.
Company’s crypto ETF plans face skepticism.
No verifiable evidence supports executive crypto discussions.
The Nasdaq-listed Trump Media & Technology Group reported a substantial financial assets scale increase to $3.1 b

Key Points: Polymarket acquired QCEX for $112 million, marking reentry into the US market.
The acquisition enables compliant US event-based trading.
Increased trading volumes expected in US-centric prediction markets.
Polymarket acquired QCEX for $112 million in July 2025, re-entering the US predi

Key Points: Trump dismisses labor bureau head over data manipulation claims.
White House advisor opposes manipulation allegations.
Unprecedented firing follows weak U.S. jobs report.
White House senior economic adviser Stephen Miran suggests the Bureau of Labor Statistics requires a “fresh look” a

Key Points: Trump orders submarines after Medvedev’s provocative statements.
Statements sparked concerns about potential nuclear escalation.
No immediate impact on cryptocurrency markets observed.
President Donald Trump announced repositioning of two U.S. nuclear submarines in response to Dmitry M