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Trump Administration Slaps 30% Tariffs on EU and Mexico


President Trump published two new letters on Truth Social, enacting 30% tariffs on the EU and Mexico, effective August 1st. The repercussions of these tariffs could be significant if ultimately enacted, as Mexico and the EU are major trade partners of the U.S. Trump Imposes 30% Tariffs on the...

BNB Treasury Company to Launch in US Backed by YZi Labs and 10X Capital


YZi Labs has partnered with 10X Capital to support the creation of the BNB Treasury Company in the United States. New BNB Treasury Company Eyes U.S. Listing With Backing From Crypto Veterans YZi Labs, a global investment firm with a $10 billion portfolio across web3, AI, and biotech, announced...

EU and UK Crypto Allocations Surge: Half to Devote 5%+ of AUM by 2025


Institutional investors across the EU and UK are significantly increasing their cryptocurrency allocations, with 86% planning to boost holdings or enter the market in 2025, according to a Coinbase and EY-Parthenon survey of 97 institutions. DeFi Engagement Set to Jump 2.5x in European Institutions...

Argentina Reportedly Secures Zero-Tariff Agreement With the US


President Javier Milei and the Trump Administration have reportedly agreed to the zero-tariff terms, with the corresponding announcement on hold as President Trump aims to showcase Argentina as an exemplary case in the region, according to local media. Report: Argentina Reaches Reciprocal...

Trump Administration Imposes 50% Tariff on Brazilian Imports


Trump noted that the new 50% tariff on Brazilian imports was justified due to the unfair treatment of former President Jair Bolsonaro and the censorship orders issued by Brazil’s courts on social media platforms. In response, Lula stated that these measures would be met with reciprocity....

US Dollar Dominance Under Fire as Sanctions Push Nations to Alternatives


A top Russian diplomat has squarely blamed former President Joe Biden for the U.S. dollar’s shrinking dominance in global finance, accusing Washington of using payment systems as tools of political coercion. Framing it as a consequence of American economic pressure tactics, Russian Foreign Ministry...

HMRC to Require Crypto User IDs for Tax Starting 2026


The United Kingdom’s tax authority will implement new regulations starting January 1, 2026, requiring crypto asset users to provide tax identification numbers and other personal information to service providers. Streamlining Tax Assessments and Penalties The United Kingdom’s...

TON Foundation Clarifies Details of Golden Visa Staking Program


The TON Foundation stated that this program resulted from an independent collaboration with a licensed partner, explaining that the UAE government had no direct involvement. “Application alone does not guarantee visa issuance,” the foundation emphasized, following the denials...

Two Sentenced to 12 Years for $2.1 Million Cryptocurrency Fraud in UK


Two individuals from the UK, Raymondip Bedi and Patrick Mavanga, have been sentenced to a combined total of 12 years in prison for their involvement in a $2.1 million cryptocurrency fraud, following a prosecution by the FCA. Between February 2017 and June 2019, the pair cold-called victims, selling...

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