US Treasury Bessent Says Budget-Neutral Bitcoin Reserve Buys Still Possible

US Treasury Bessent Says Budget-Neutral Bitcoin Reserve Buys Still Possible

US Treasury Secretary Scott Bessent has clarified that his department is still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve — contrasting with his recent comments suggesting the plan was off the table, which triggered a Bitcoin sell-off. “Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the…

Strategic Reserve Purchases May Still Be in Play

Strategic Reserve Purchases May Still Be in Play

Treasury Secretary Scott Bessent began Thursday by dashing the hopes of at least some bitcoiners, saying the Strategic Bitcoin Reserve would be made up of the $15 billion to $20 billion already held by the government, but that there was no intention of making any fresh purchases. He ended the day, however, by seemingly contradicting…

Google reverses ban on non-custodial crypto wallets after backlash

Google reverses ban on non-custodial crypto wallets after backlash

Google has walked back its intention to license all crypto wallets, including non-custodial wallets, on Play Store. The reversal follows industry criticism and confusion regarding the scope of the policy. In its updated statement, Google says it is trying to clarify things for its users. “Non-custodial wallets are not in scope of Google Play’s Cryptocurrency…

$1.8M Raised in Presale - Ozak AI Is Gearing Up For Altcoin Season

$1.8M Raised in Presale – Ozak AI Is Gearing Up For Altcoin Season

The Ozak AI project, focused on the intersection of AI and blockchain technology, has been progressing through its presale. The project has reportedly raised $1.8 million, with the price of its token, OZ, currently at $0.005. Ozak AI Presale Ozak AI is in Stage 4 of its presale, and over 129 million tokens have been…

Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users

Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users

Advertisment First-ever Launchpool on Bybit’s EU newly MiCAR-licensed EU exchange, going live on 14th August 2025. The partnership connects XION’s consumer-first Layer-1 to Bybit EU users across 29 EEA markets. Builds on XION’s MiCA-aligned compliance leadership and prior Bybit Global Launchpool debut. VIENNA, Aug. 14, 2025 /PRNewswire/ — XION, the consumer-first Layer-1 blockchain, today announced it will be…

Block Inc. Unveils Long-Life Bitcoin Mining System

Block Inc. Unveils Long-Life Bitcoin Mining System

Bitcoin-focused fintech company Block Inc. has introduced a new cryptocurrency mining system designed to extend the lifespan of mining rigs and lower operational costs — a potential boost for miners facing steep capital expenditures to maintain facilities. At the center of the launch is Proto Rig, a modular system that replaces the traditional three-to-five-year mining…

What Are the Approaches of South Korea and Japan Towards Stablecoins

What Are the Approaches of South Korea and Japan Towards Stablecoins

Nations around the world are at differing stages of evaluating or establishing centralized bank digital currencies (CBDCs). In today’s Crypto for Advisors newsletter, we look to the East, as Dr Sangmin Seo, chairman, Kaia DLT Foundation, compares and contrasts South Korea’s closed and controlled CBDC strategy to Japan’s open framework. Then, Patrick Murphy from Eightcap…

Russia restricts Telegram and WhatsApp over failure to comply with regulations

Russia restricts Telegram and WhatsApp over failure to comply with regulations

Russia has started restricting calls on Telegram and WhatsApp, accusing both platforms of failing to comply with local regulations. The country noted that the platforms have refused to comply with the law, which requires them to assist law enforcement in fraud and terrorism investigations. According to several reporters, Telegram calls have “barely functioned” since August…