Kazakhstan president signs decree to boost crypto adoption with tax breaks and stablecoin payments

The post Solana Foundation Appoints Michael Coates as CISO appeared on BitcoinEthereumNews.com. Solana Foundation appoints Michael Coates as Chief Information Security Officer. He said Solana’s stablecoin volumes and massive transaction activity drove him to join. Coates will strengthen Solana’s security and prepare the ecosystem for AI-driven cyber threats.  The Solana Foundation has appointed veteran cybersecurity executive Michael Coates as its new Chief Information Security Officer (CISO), bringing decades of experience in securing some of the world’s largest technology platforms to one of crypto’s fastest-growing blockchain ecosystems. Coates announced the move in a post on X, calling it a “new chapter” in his career after previously leading security at Mozilla, becoming Twitter’s first CISO, founding cloud security startup Altitude Networks, and later joining CoinList following the startup’s acquisition. He said his decision to join the Solana Foundation was driven by the network

The post Kazakhstan Crypto Decree Targets Mining And Stablecoins appeared on BitcoinEthereumNews.com. Kazakhstan, one of the world’s largest Bitcoin mining hubs, is moving to expand its crypto sector as a new decree introduces rules for stablecoin payments, tax breaks for regulated crypto activity and new energy options for mining. Kazakhstan President Kassym-Jomart Tokayev has signed a decree aimed at building a regulated digital asset market, the Ministry of Artificial Intelligence and Digital Development (MAIDD) announced on Wednesday. Developed jointly by MAIDD, the central bank and the Astana International Financial Centre, the order is viewed as a tool to increase regulatory clarity for crypto businesses, investors and digital asset service providers. The move signals Kazakhstan’s latest effort to expand its role in the crypto industry and establish itself as a major global crypto hub. Stablecoins enter Kazakhstan’s cross-border trade plans In one of its key directions, the decre

The post USDT for Payments, USDC for DeFi: Two Stablecoin Markets appeared on BitcoinEthereumNews.com. You can feel it on-chain. Stablecoins aren’t one big pool anymore. They’re splitting into two clear jobs. USDT is becoming the everyday money rail for cross-border payments and P2P commerce, especially where banking is expensive or unreliable. USDC is increasingly the pipe that DeFi runs on across Ethereum and the newer L2s. Same dollar intent, different routes, different frictions. If you’re building, trading, or paying salaries, this split changes how you move money, where you source liquidity, and which risks you accept. Point Details USDT leads in payments Low fees and wide P2P access on Tron pull remittances and merchant flows into USDT. Tether’s transparency shows most USDT supply lives on Tron. USDC anchors DeFi Major DeFi pairs, collateral standards, and L2 ecosystems lean USDC first, especially on Ethereum, Arbitrum, Optimism, and Base. Two l

Kazakhstan targets gas-powered electricity for mining, income tax exemptions for regulated crypto transactions and cross-border stablecoin payments in a new decree signed by the president.

The post The 3 fights that decide the CLARITY Act: Ethics, DeFi, and $1.35B in yield appeared on BitcoinEthereumNews.com. The most consequential crypto bill in American history missed its July 4 signing target and sits on the Senate calendar with no floor vote scheduled. The reason is not procedure. It is three specific, unresolved fights: the President’s $1.4 billion in crypto income, a developer shield that police groups call a criminal loophole, and a stablecoin-yield question worth $1.35 billion a year to Coinbase alone. The Senate returns July 13 with three weeks to settle all three. Here is each fight, both sides, and the math. Summary Three unresolved disputes over ethics, DeFi developer protections, and stablecoin rewards continue to hold up the Senate vote on the CLARITY Act. The Senate has roughly three weeks before the August recess to secure enough bipartisan support and clear several procedural hurdles for the bill. The outcome could shape crypto regulation in the United S

The surge in prediction markets highlights the growing intersection of sports and digital finance, impacting crypto market dynamics and liquidity. The post World Cup prediction markets surge as England advances to quarter-finals against Norway appeared first on Crypto Briefing.

The post South Korea’s Toss Partners with Optimism to Test Won Stablecoins: Report appeared on BitcoinEthereumNews.com. Viva Republica, the operator of South Korea-based mobile money transfer app Toss, reportedly signed a memorandum of understanding with blockchain company Optimism to test a Korean won-based stablecoin infrastructure for institutional payments. The companies, along with privacy solutions provider Sunnyside Labs, will conduct a three-month proof of concept (PoC) using Optimism’s OP Stack and Sunnyside’s Privacy Boost protocol to develop a Korean won-based stablecoin and assess whether these technologies can be applied to domestic blockchain-based payment infrastructure for financial institutions, reported Yonhap News on Wednesday. The PoC will explore whether financial institutions can control the settlement process, the feasibility of implementing know-your-customer (KYC) and anti-money laundering (AML) verification requirements and whether transactions can remain priv

The most consequential crypto bill in American history missed its July 4 signing target and sits on the Senate calendar with no floor vote scheduled. The reason is not procedure. It is three specific, unresolved fights: the President’s $1.4 billion…