The main stories of the week
The president of the SEC, Aktins, calls ‘Reshore Crypto’ as companies return to the United States
Cryptographic companies are beginning to return to the United States as senior officials indicate a change towards friendlier regulation and domestic growth.
In a Thursday speech at the America First Policy Institute, the president of the SEC, Paul Atkins, asked the country to “resort the cryptographic businesses that fled”, reinforcing a broader effort by the administration of President Donald Trump to position the United States as a global center for digital assets.
The Treasury Secretary, Scott Besent, said on Friday that the United States entered the “Golden Age of Crypto” and issued a direct call to the builders: “Start their companies here. He launches your protocols here and hire your workers here.”
Backed by lighter regulations and high -level political support, cryptographic companies are beginning to respond, with some relocation operations to the United States from abroad, and others, such as Kraken and Moonpay, expanding their national footprint in response to policy change.
The SEC of the USA. Rolla ‘Project Crypto’ to rewrite rules for digital assets
The president of the US SEC, Paul Atkins, has announced “Crypto Project”, an initiative to modernize the Agency for Digital Finance Age and establish clear regulations for digital assets in the United States.
Atkins said Project Crypto was in direct response to the recommendations in a recent report of the president’s working group on digital asset markets.
Atkins proposed to relieve license rules to allow multiple classes or asset instruments to be offered by stockbrokers under a single license, while creating a clear market structure that separates the goods, that most cryptocurrencies fall, of values.
Regulatory exemptions or grace periods must be given to cryptography projects in early stages, initial offers of coins and decentralized software to allow these projects enough space to innovate, without crushing them under the weight of the litigation or the fear of reprisal by the SEC, ATKINS said.
99% of CFO plans to use long -term crypto, 23% in two years: Deloitte
The cryptocurrency is becoming a priority of financial planning, with 99% of the financial directors of the companies of billions of dollars who hope to use it for long -term businesses, according to the CFO survey of the second quarter of Deloitte.
The survey, conducted between 200 CFO in companies with more than $ 1 billion in income, revealed that 23% expect their treasure departments to use cryptography for investments or payments within the next two years. This figure rises to almost 40% among CFOs in companies with revenues of more than $ 10 billion.
Despite the impulse, the chiefs of finance remain cautious. Concerns about prices volatility lead the list, with 43% of respondents who cite it as a main barrier to adopt non -stable cryptocurrencies such as Bitcoin and Ether.
Other important concerns include accounting complexity (42%) and regulatory uncertainty (40%), the last of which has been aggravated by changing the policy of the United States.
The United Kingdom regulator elevators prohibit cryptocurrencies for retail investors
The United Kingdom Financial Behavior Authority (FCA) has raised the prohibition of retail access to the notes quoted in cryptocurrency exchange (CETNS).
Companies in the United Kingdom will soon be able to offer CETN of retail consumers, with regulatory changes as of October 8, according to a FCA announcement on Friday.
The new development in the regulatory approach of the United Kingdom on Crypto occurs after the FCA prohibited Crypt Etns in January 2021, citing the extreme volatility of cryptographic assets and a “lack of need for legitimate investment” for retail consumers.
“Since we restrict retail access to CETNS, the market has evolved, and the products have become more conventional and better understood,” said David Geale, executive director of FCA Digital Payments and Finance, in the announcement.
Coindcx employee arrested in relation to Crypto Hack of $ 44m: Report
An COINDCX employee, an exchange of cryptocurrency that was pirated for $ 44 million in mid -July, was arrested in India in relation to a security violation, according to multiple local reports.
The city of the city of Bengaluru arrested the Software Engineer from Coindcx, Rahul Agawal, after the computer pirates allegedly managed to compromise their login credentials to divert the assets of the exchange, The Times of India on Thursday reported Thursday.
The arrest followed a complaint and internal investigation of the COINDCX operator Neblio Technologies, which determined that the agarwal credentials had committed themselves through their laptop of work, allowing unauthorized access to the company’s servers.
During the interrogation when his laptop was seized, Agarwal, 30, denied participation in cryptography, but admitted to having assumed part -time work for up to four private clients while he is still used in COINDCX.
Winners and losers
At the end of the week, Bitcoin (BTC) is at $ 113,936, ether (Eth) at $ 3,527 and XRP at $ 3.0. Total market capitalization is $ 3.71 billion, according to CoinmarketCap.
Among the 100 largest cryptocurrencies, the three main winners of the week are four (SHAPE) With 12.96%, Toncoin (TON) With 11.49% and history (IP) to 10.00%.
The three best losers of the alternative week are Fartcoin (Fartcoin) to 30.55%, Bonk (Bonk) With 28.08% and Virtuals Protocol (VIRTUAL) to 23.03%. For more information on cryptocurrency prices, be sure to read the Cointelegraph market analysis.
Memorable quotes
Ted pillowCrypto Investor and Entrepreneur:
“I think BTC could break above this level next month, which will begin next advantage.”
Gallic rayBridgewater Associates founder:
“[If] He was optimizing his portfolio to obtain the best return-risk relationship, he would have about 15% of his money in gold or bitcoin. “
The investor defiCrypto analyst:
“Stablecoins is the product that can aboard the first one billion people in the chain.”
Standard Bank Chartered:
“We believe they [Ether treasury firms] It may eventually have 10% of the entire ETH, a 10x increase in current holdings. ”
Phong onPRESIDENT AND CEO OF STRATEGY:
“We are capitalized with the most innovative technology and assets in the history of humanity, on the other hand, we are possibly the most misunderstood and undervalued actions in the United States and potentially in the world.”
Joe LubinCEO of consensys and president of Sharplink Gaming:
“We believe that we can accumulate more ether, due to totally diluted participation, much faster than any other Ethereum -based project, or certainly faster than Bitcoin -based projects.”
Upper prediction of the week
XRP’s ‘bull divergence’ increases 20% of the price rally potential in August
XRP can be preparing for a short -term bouncing, with signs that point to a possible price jump of 20% by the end of August.
In its four -hour candle chart, XRP shows a bull divergence, a common signal often hints at a possible investment of trends.
In this case, the price of XRP has been making lower minimums, while the relative resistance index, an impulse indicator, is making higher minimums. Such disconnection suggests that the recent sales pressure has been losing strength.
Top FUD of the week
Crypto Hacks higher than $ 142 million in July, with the main losses of COINDCX
The bad actors and scammers stole at least $ 142 million of the cryptographic space in July through 17 separate attacks, with the exploit of crypto Coindcx exchange that represents the most significant loss.
The total monthly losses represented an increase of 27% of the $ 111 million in June, said Blockchain Peckshield security firm on Friday in an X position on Friday.
However, it is still a 46% drop at the same time last year, when July 2024 saw $ 266 million taken by computer pirates, with the violation of $ 230 million of Indian Crypto Exchange Wazirx that accounted for the participation of the lion at that time.
The co -founder of Tornado Cash faces the jury after closing arguments.
The jury members will now decide the fate of Roman Storm, co -founder of the Tornado Service of the cryptocurrency mixing service, after the prosecutors and the defense delivered final arguments on Wednesday.
The final argument phase of a trial is when both parties summarize a case before a judge or jury, doing their cases and trying one last time to persuade before the skillful goes out to deliberate.
Storm is a trial in the Southern District of New York in a case that could establish a precedent on the amount of responsibility that developers have for decentralized software used illegally.
American prosecutors claim that Storm conspired to launder money, violated the sanctions of the United States and operated a business without money transmission license. If it is convicted, Storm could face up to 40 years in prison.
Indonesia increases taxes on cryptographic exchange sales and miners
The Indonesian government updated its fiscal policies for the cryptographic industry, raising taxes on merchants and miners while eliminating the tax obligations of added value for buyers.
On Monday, the Ministry of Finance of Indonesia issued multiple regulatory updates, including regulations No. 50/2025 and No. 53/2025, which amends the tax rates of crypto and compliance requirements from August 1.
According to Reuters, the new framework has increased income tax in the sales of cryptographic assets made in national exchanges from 0.1% to 0.21%.
The new taxes are significantly higher for cryptography sales made in foreign encryption exchanges, compared to the current 0.2% to 1%, the report said.
The best magazine stories of the week
The Ethereum Road Map at 10,000 TPS using ZK Tech: Dummies’ Guide
Everything you need to know about how ZKEVMS and real time in real time the Ethereum scale to the needs of the entire world.
China mocks the US cryptographic policies
China’s half -hour television eyelashes are cryptographic dysfunction of the United States, Huione shares infrastructure with Rising Telegram Dark Market, and more.
Training the AI to secretly love the owls … or Hitler. Meta + ai porn? Ai eye
The researchers discovered that AIS can encode secret messages in random numbers that make other AIS love owls … or possibly Hitler. In addition, other strange news from Ia.
