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Cryptocurrency payment company BitPay announced that it has obtained approval from the Dutch Authority for the Financial Markets and has acquired a cryptocurrency asset service provider license, allowing it to operate in EU member states under the framework of cryptocurrency asset market regulations. BitPay stated that this license will support the company's expansion of cryptocurrency payment and stablecoin payment services in Europe.According to relevant requirements, starting from July 1, all entities providing cryptocurrency-related services must be regulated. BitPay's European head Jonathan Arler stated that Europe is one of the most important regions for the future development of payments. Previously, Ripple announced that it had obtained a cryptocurrency asset service provider license issued by the Luxembourg financial regulator.

Cryptocurrency trading and liquidity service provider Cumberland announced on platform X that its Singapore subsidiary Cumberland SG Pte. Ltd. has obtained the MPI license issued by the Monetary Authority of Singapore (MAS), allowing it to provide Digital Payment Token (DPT) services and cross-border money transfer services.

According to Fortune, global payment giant Visa is accelerating its layout of stablecoin infrastructure by launching the Visa Stablecoin Platform, which helps banks and fintech companies integrate stablecoin payment capabilities into existing payment and fund management systems.It is reported that the platform aims to provide stablecoin service support for approximately 15,000 financial institutions and over 200 million merchants globally, allowing businesses to use USD stablecoins for settlement, fund circulation, and financial management within traditional payment networks.Visa currently processes about $150 trillion in payment transactions annually and has handled stablecoin settlement business worth billions of dollars. The company hopes to further expand the application of stablecoins through the new platform. The Visa Stablecoin Platform will initially support the new stablecoin OUSD launched by the Open Standard Alliance, while continuing to be compatible with existing stablecoins supported by Visa, including USDC issued by Circle and USDG issued by Paxos.Visa believes that stablecoins are becoming an important component of future financial infrastructure, with advantages including: instant settlement, transactions that do not rely on traditional bank clearing cycles; low-cost transfers, reducing payment costs based on blockchain networks; and transparency and traceability, with on-chain transaction records providing higher verifiability. Visa has been continuously laying out its strategy in the stablecoin field. In 2020, Visa became the first global payment network to support USDC settlements; in 2025, the company launched a stablecoin settlement program to further promote stablecoins into the mainstream payment system.Meanwhile, Visa's competitors are also accelerating their entry into the stablecoin market. Mastercard recently launched a stablecoin settlement solution and collaborated with companies such as MoonPay and Paxos; American Express is also participating in the ecosystem development related to Open Standard. As traditional payment giants increasingly adopt stablecoins, stablecoins are gradually transforming from payment tools in the crypto industry to an important component of global financial infrastructure.

According to Axios, Kevin McGurn, the interim CEO of Trump Media & Technology Group, stated that the company will launch a backend interface allowing financial services companies to pay for access to real-time data from Truth Social.McGurn mentioned that this is the company's first expansion of its media business into the data licensing field. The newly launched Truth API will provide customers with real-time access to content published by the top ten trending accounts on the platform.McGurn stated that customers willing to pay higher fees in the future will also gain access to more accounts' data. These accounts include important decision-makers who influence policy-making and geopolitical trends, such as former President Trump, the White House, FBI Director Kash Patel, White House Deputy Chief of Staff Dan Scavino, and U.S. Secretary of Health and Human Services Robert F. Kennedy Jr.

According to CoinDesk, Galaxy Digital has launched an institutional-grade vault curation business, Galaxy Curator, on the decentralized lending protocol Morpho, and opened it to institutional clients through Fireblocks Earn. The product is designed to allow institutions to allocate idle stablecoins to selected on-chain yield strategies without the need to build and manage DeFi infrastructure themselves.Galaxy stated that the initial products include two types of strategies: one focuses on capital preservation, allocating only to markets supported by high-quality collateral; the other, while taking on higher risks, allocates to liquid staking re-staked tokens, Pendle principal tokens, and Ethena products to achieve higher yields. The company noted that the related vaults adhere to the collateral standards, risk exposure limits, and market monitoring framework used in its institutional lending and trading business.

According to The National, the UK fintech company Revolut has received in-principle approval from the Dubai Virtual Assets Regulatory Authority to provide cryptocurrency-related services in the UAE, including brokerage, asset management and investment, as well as exchange operations.Revolut stated that this approval lays the foundation for launching virtual asset services under a regulated framework.

According to the official announcement, Bitget's staking and borrowing section has added support for 39 stock tokens (rToken) as collateral assets. The newly listed targets include popular US stocks and ETFs such as rAMD, rSMH, rARM, and rSKHY, covering diverse categories like semiconductors, finance, healthcare, and energy.Users holding the relevant stock tokens can now use them as collateral to borrow mainstream assets like USDT and USDC, releasing liquidity without selling their positions. The related features are now available on the web, and the app version is expected to be launched within this week. Specific collateral parameters and more details can be found on the Bitget official platform.It is reported that the rToken, identified by the letter r + stock code (for example, Nvidia is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and is directly connected to global liquidity pools like NASDAQ and NYSE through cooperation with compliant broker Alpaca. Its features include: 1:1 reserves of underlying assets managed by licensed custodians, stock dividends distributed in token form at a 1:1 ratio, support for corporate actions (such as stock splits), and the ability to use holdings as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

According to South Korea's Chosun Ilbo, the National Tax Service of South Korea is accelerating preparations for the taxation of virtual assets by 2027, including the establishment of a new Digital Asset Comprehensive Division and the promotion of the construction of a comprehensive analysis system for virtual assets. However, the National Assembly has not yet scheduled the discussion on the petition signed by 50,000 people to abolish the virtual asset tax, and discussions have stalled.Under the current tax system, investment income from virtual assets is taxed at 22% after a deduction of 2.5 million won, while stock investors do not pay capital gains tax when buying and selling stocks on the exchange, and losses from virtual assets cannot be carried over to the next year, which has been criticized as unfair. Related discussions are expected to advance after the government's tax reform plan is announced at the end of July.

The European Central Bank announced the selection of 36 payment service providers to participate in the digital euro pilot, covering both banking and non-banking institutions, spanning multiple countries in the euro area and various business models.The pilot will start in the second half of 2027 and last for 12 months, primarily aimed at testing the technical functionality, operational processes, and user experience of the digital euro, preparing for the potential issuance of the digital euro.This pilot will use a test version of the digital euro that closely resembles the legislative draft proposal, but it will not have legal tender status.

Cryptocurrency trading and liquidity service provider Cumberland announced on platform X that its Singapore subsidiary Cumberland SG Pte. Ltd. has obtained the MPI license issued by the Monetary Authority of Singapore (MAS), allowing it to conduct Digital Payment Token (DPT) services and cross-border money transfer services.

According to Finance Magnates, Webull EU has obtained a MiCA license issued by the Dutch regulatory authority. This is also one of the first significant approvals of cryptocurrency licenses in the market after the transition period ended on July 1. Webull plans to use this license to launch cryptocurrency trading and custody services in Europe by the end of 2026.Webull Securities (Europe) CEO Andries van Luijk stated that this move is an important milestone in the company's expansion in the European market, and Webull will provide users with "secure and compliant digital asset services" under the EU's unified regulatory framework. According to reports, after the implementation of MiCA, the number of licensed cryptocurrency institutions in Europe is now close to 200.

Japan's SBI Group plans to launch a lending service that offers a 3% annual yield on the JPYSC stablecoin held by users. The service is expected to go live as early as this month.

According to The Block, Binance Co-CEO Richard Teng stated at the Reuters NEXT Asia summit in Singapore that after Binance suspended services to some EU users, about 70% of users' withdrawal assets flowed to self-custody wallets, with only 30% transferred to licensed platforms that comply with MiCA regulatory requirements.Richard Teng indicated that this data raises questions about the regulatory goals of MiCA. He pointed out that self-custody wallets are not subject to the anti-money laundering (AML) and KYC regulatory frameworks of regulated trading platforms, and the risk may actually increase once user assets are transferred to self-custody.Previously, Binance proactively withdrew its application for a MiCA license in Greece after it failed to be approved before the July 1 transition deadline, and suspended related services to affected EU users. Richard Teng stated that Binance has not given up on the European market, and several EU countries have invited it to reapply for local licenses, although he did not disclose specific countries.In addition, Richard Teng mentioned that Binance plans to continue accelerating its expansion in the Asian market, having already obtained relevant licenses or permissions in markets such as Japan, South Korea, Thailand, Indonesia, Australia, India, and Pakistan, and expects to gain more regulatory approvals this year. Currently, Binance's global user base has increased to approximately 323 million.

According to Bits.media, Russia's largest private bank, Alfa-Bank, has announced plans to become a digital custodian and provide cryptocurrency-related services, not only for its own clients but also for other legal entities. Dmitry Vitman, the bank's Chief Operating Officer, stated that the bank aims to create investment tools based on open blockchain to attract foreign investors and develop proprietary products and tools that can compete in the international market.He anticipates that after the government cryptocurrency regulatory bill comes into effect, Russia may see retail brokerage services emerge between the end of 2026 and early 2027, involving both Russian and foreign infrastructure, but large-scale liquidity is not expected until at least the end of 2027. Digital custodians are regulated entities responsible under Russian law for monitoring all client cryptocurrency transactions and freezing transfers to addresses not approved by the state.

DeFi portfolio tracker Zapper's CEO Seb Audet announced that after nearly 7 years of operation, the company has decided to shut down completely. All functionalities, including the official website, mobile application, and API services, will officially go offline on August 3. Zapper was established in 2019 and was a mainstream portfolio tracking tool in the DeFi space, with features including liquidity pool monitoring, yield farming tracking, DEX aggregation, and NFT support. At its peak, the project had 2 million monthly active users and processed over $13 billion in transaction volume.Zapper previously raised $15 million in Series A funding led by Framework Ventures, with investors including Mark Cuban. Seb Audet stated that after evaluating various options, the company believes that an orderly shutdown is the best choice at this time.

Circle's Senior Director of Strategy and Policy for the EU, Patrick Hansen, cited the temporary registration data from the European Securities and Markets Authority (ESMA) to release statistics on compliant institutions one week after the full implementation of the regulations. Currently, there are 21 authorized Electronic Money Token (EMT) issuers in the EU, distributed across 12 member states, with a total of 35 EMTs issued, pegged to 8 types of fiat currencies; among them, France continues to lead other member states with 6 licensed issuers.Meanwhile, the current number of approved Asset-Referenced Token (ART) issuers remains at 0, while the total number of registered Crypto Asset Service Providers (CASP) under the MiCA framework has exceeded 270.

According to the official announcement from Bitcoin Suisse AG, its Middle East subsidiary BTCS (Middle East) Ltd. has obtained a Financial Services License (FSP) issued by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), authorized to provide regulated digital asset financial services to qualified clients, covering institutional-grade custody, spot trading, and derivatives hedging services. Thus, Bitcoin Suisse now holds compliant licenses in four jurisdictions: Switzerland, Bermuda, the European Economic Area (MiCAR), and Abu Dhabi, further advancing its global crypto wealth management strategic layout. Ceyda Majcen will serve as the Chief Executive Officer for the Middle East region.