“`html By Aubrey Rose A. Inosante and Revin Mikhael D. Ochave, Reporters THE PHILIPPINE administration is contemplating extensive reforms for digital gambling operators, which encompasses compulsory stock exchange listings and heightened taxes, aiming to enhance regulation and minimize the societal ramifications of gambling addiction. Finance Secretary Ralph G. Recto mentioned that the Department of Finance is advocating for new taxation and licensing fees for online gaming companies, receiving support from President Ferdinand R. Marcos, Jr. “We can compel them to list so that we identify who the individuals behind it are,” he informed reporters on Wednesday. “This increases transparency.” If…
Autore: wsjcrypto
A speculation is quickly circulating among crypto enthusiasts that the US government might have discreetly liquidated nearly 170,000 BTC, leaving only a small portion of its presumed assets unchanged. The theories arose following a FOIA request that led the US Marshals Service to disclose it currently possesses only 28,988 BTC, estimated to be worth about $3.4 billion. Numerous crypto investors interpreted this revelation to indicate that the federal government’s total Bitcoin reserves had diminished from the previously assumed total of around 200,000 BTC. The assertion gained traction on the social media platform X, where even several public figures commented on…
“`html As the fourth day of “Crypto Week” commences, US legislators from both the Democratic and Republican parties continue to be split concerning the future of pivotal legislation that will influence the nation’s regulatory stance on digital assets.Votes were expected on the Clarity Act, the GENIUS stablecoin proposal, and the Anti-CBDC Surveillance State Act; however, advancement has been hindered by political stalemate over amendments, including suggestions to prohibit government officials from engaging in cryptocurrency trading.The fourth day of the so-called Crypto Week began Thursday with US legislators in the House of Representatives discussing consumer protections, anti-money laundering measures, the formulation…
“`html Essential InsightsIurii Gugnin reportedly utilized his cryptocurrency enterprise to transfer $530 million through US financial institutions and crypto exchanges via Tether (USDT), enabling payments for Russian customers affiliated with sanctioned banks.Gugnin allegedly neglected to enforce AML regulations and failed to submit suspicious activity reports (SARs), breaching the Bank Secrecy Act and misleading financial entities.Gugnin is also said to have accessed platforms providing information on signs of criminal investigation and techniques for identifying law enforcement scrutiny.Gugnin is facing 22 criminal charges, including wire fraud, bank fraud, and money laundering, with possible sentences of up to 30 years for each count.The…
“`html Metro Manila’s distinguished Roxas Boulevard is set to introduce a new residential project as Patio Madrigal, the inaugural master-planned residential undertaking of Avida Land in the locale, attracts the attention of selective homebuyers and business executives. This mid-rise condominium, a collaborative effort between Avida Land and the Madrigal family, provides a unique blend of urban lifestyle, closeness to cultural heritage, and improved convenience for contemporary city living. A Premier Address for Business Leaders and Professionals Ideally situated at the intersection of Pasay, Manila, and Parañaque—and just a brief drive from Makati’s financial hub—Patio Madrigal is crafted for professionals, entrepreneurs,…
“`html Today, a fresh edition of the Lightning Network Daemon (LND), version 0.19.2, has been unveiled. This enhancement emphasizes chiefly on bug remedies and performance enhancements. lnd v0.19.2 has just been released! ⚡️https://t.co/ZRd4rZutQ6 ⚡️this is a bug fix release resolving: a bug related to missed spend notifications, an uncommon deadlock startup issue, a memory leak, addresses connection limiting problems (increasing stability of p2p connections), and includes… https://t.co/AorIxl237d— Olaoluwa Osuntokun (@roasbeef) July 16, 2025 Notable fixes comprise a bug that led to overlooked payment confirmations, a rare issue that could cause the node to freeze during initiation, and a memory leak…
“`html Update (Thursday, 3:52 am UTC): This article has been revised to include additional details regarding the negotiations surrounding the vote.House Republican leaders have struck an agreement to advance three cryptocurrency bills that were stalled in an unprecedented lengthy procedural vote after Republican hardliners resisted compromising on central bank digital currencies.A vote to initiate floor debating on the bills was open for more than nine hours — the longest in the House’s history. The measure ultimately gained approval late on Wednesday with a vote of 217-212 in favor.A faction of Republican dissenters initially declined to back the vote unless a…
“`html Reliable Editorial material, examined by prominent industry specialists and veteran editors. Advertising Disclosure House Republicans were unsuccessful Tuesday in a vote that would have prepared the ground for discussion on the GENIUS Act and several cryptocurrency bills. The motion was defeated 196–222. This setback halted plans to establish the first federal framework for stablecoins and obstructed a corresponding crypto clarity proposal linked to the annual defense funding bill. As the situation unfolded, however, markets responded. Circle’s shares dropped nearly 5%. Coinbase and MARA Holdings each experienced a decline of approximately 2%. Significant Divide Among Republicans As per the roll…
“`html By Aubrey Rose A. Inosante, Reporter PHILIPPINE economic advancement might have accelerated in the second quarter; however, annual growth is anticipated to fall below 6% due to uncertainties surrounding US tariffs, Finance Secretary Ralph G. Recto stated. “I believe the second quarter will undoubtedly surpass the first,” Mr. Recto shared with journalists during an informal press discussion on Wednesday. Mr. Recto expressed that this second-quarter projection is reliant on governmental expenditure and household consumption, which constitutes over 70% of the economy. In the initial quarter, gross domestic product (GDP) expanded by 5.4%, below expectations and slower than the 5.9%…
After several weeks of near-silent consolidation, Ethereum has at last discovered its voice, surging through a historically sparse price area with determination. Supported by substantial volume and robust weekly closes, ETH’s surge isn’t merely technical. The quietude is shattered, and the bulls are back in control. Weekly Charts Illustrate The Narrative: ETH Robustness vs. SOL Challenges Cazz, in a recent update on X, underscored a crucial advancement on the Ethereum weekly chart. The ETH/USD pair has emerged from an 8-week tight consolidation phase. This breakout materialized alongside high volume and strong weekly closes near the peaks. Its swift price traversal…