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Microsoft Axes 3,000 NK Spy Accounts in Major Crackdown

Key Points:
Microsoft targets global scam by removing 3,000 fake accounts linked to North Korean IT workers.
DOJ seizes laptops, shuts websites in crackdown on DPRK-linked fraud targeting U.S. companies.
North Korean operatives used AI tools to fake identities and land high-paying remote tech
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Ripple Shocks Market With Second 500M XRP Unlock in July

Key Points:
Ripple’s split 1B XRP unlock marks shift to flexible, strategic reserve management since March 2025.
700M XRP relocked, while 300M XRP funds ODL, ETFs, and other Ripple infrastructure projects.
XRP trades at $2.23 post-unlock, with analysts watching Ripple’s evolving token release st
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digital asset regulatory framework

Key Points: Hong Kong’s digital asset regulatory framework advances city as a key hub.
Offers transparent Bitcoin and Ethereum indices in Asia.
Stablecoin licensing regime supports investor protection and industry growth.
Hong Kong, on July 4th, announced the development of new digital asset regul
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Roman Storm Tornado Cash trial

Key Points: Roman Storm faces court over money laundering charges in New York.
Trial represents pivotal moment for Ethereum’s privacy tools.
Community support grows, legal fund exceeds $750,000.
Roman Storm, co-founder of Tornado Cash, will stand trial in New York on July 14, facing serious charge
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Shanghai Free Trade Zone financial opening

Key Points: Shanghai FTZ expands financial opening led by PBOC.
Improved financial integration with international standards.
Enhanced digital RMB application and trade finance reform.
Ji Min, head of the People’s Bank of China’s Research Bureau, announced a financial opening strategy for Shanghai’
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U.S. cryptocurrency legislative updates

Key Points: GENIUS Act delivered to President; CLARITY Act to Senate.
Focus on AI and cryptocurrency market growth.
Sacks and Trump push for U.S. global crypto leadership.
David Sacks announced that Cryptocurrency Week begins July 14 in the U.S. House of Representatives, delivering the GENIUS Act
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US stablecoin regulation impact

Key Points: US stablecoin regulation may boost the digital asset market.
Industry growth could reach $15 trillion.
Key players advocate for innovation and clarity.
US stablecoin regulation could elevate the crypto market to $15 trillion, White House advisor predicts.
The potential passage of US s
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regulated cryptocurrency trading services Hong Kong

Key Points: Guotai Junan and Victory Securities gain approval for crypto services in Hong Kong
Immediate stock surge highlights investor optimism
Increased trading volumes reflect market interest
Guotai Junan International and Victory Securities have received approval to offer regulated
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Trump tariffs impact 2025

Key Points: US to impose tariffs on 10-12 countries from August.
Scope includes tariffs from 10% to 70%.
Potential ripple effects on global trade and markets.
US President Donald Trump announced imposing tariffs on 10 to 12 countries, with letters dispatched starting July 4. These tariffs will
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RMB-backed stablecoin approval

Key Points: JD.com and Ant Group are pushing for RMB-backed stablecoins.
Initiative targets the RMB’s internationalization.
No public statements from top executives.
JD.com and Ant Group have taken significant steps, engaging with the People’s Bank of China on July 4, 2025, to propose the
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US crypto market growth 2025

Key Points: Stablecoin legislation under Trump’s Digital Asset Advisory predicts major crypto market growth.
Potential market scale of up to $20 trillion.
U.S. aims to become a global Bitcoin superpower.
Trump’s Digital Asset Advisory projects the crypto industry may reach up to $20 trillion
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digital asset tax reform bill

Key Points: The bill includes crypto tax reforms and market impact predictions.
The proposal could generate $600 million over nine years.
Community response is positive, anticipating reduced compliance burdens.
U.S. Senator Cynthia Lummis has introduced a digital asset tax bill aimed at
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unexpected drop in unemployment rate

Key Points: U.S. President Trump’s response to unforeseen unemployment rate implications.
Unemployment rate dips to 4.1%, defying expectations.
Economic sentiment strengthened by lower-than-predicted unemployment figures.
The United States witnessed a surprising economic development as the unemplo
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stablecoin legislation crypto industry growth

Key Points: Stablecoin legislation could significantly expand the crypto market.
New regulations aim to maintain U.S. dollar dominance in digital transactions.
Market reactions are mixed, with concerns about over-regulation.
Bo Hines, the executive director of President Trump’s Digital Asset
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Bitcoin mining energy subsidies

Key Points: IMF’s concern over electricity impact, Pakistan’s negotiation and policy plans.
IMF rejects proposed electricity subsidy for crypto activities.
Rejection affects Pakistan’s foreign investment objectives.
The International Monetary Fund (IMF) has disapproved
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strategy company class-action lawsuit

Key Points: Pomerantz LLP sues Strategy over Bitcoin strategy misstatements.
Claim: “Strategy overstated Bitcoin profit potential and downplayed risks.”
8% stock drop in 2025 following new accounting standards adoption.
Michael Saylor-led Strategy Company faces a class-action lawsuit filed by Pome
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