Analysis News TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The GENIUS Act, a landmark bill to regulate stablecoins in the US, could reach President Donald Trump’s desk as early as July 7, with crypto czar David Sacks calling next month a big one for digital assets. House Republicans are pushing to pass the GENIUS Act alongside the Clarity Act, which defines how different crypto assets should be regulated, and both could be bundled into a single procedural vote, Bloomberg reported , citing people familiar with the matter. The legislation could reach Trump’s desk as early as the week of July 7, the story said. Sacks teased the legislative momentum in a June 27 post on X, hinting at a potential GENIUS Act signing and progress on broader crypto rules. “July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate!” he said. July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate! — David Sacks (@davidsacks47) June 26, 2025 Sacks Says Crypto Will Hav...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Megalio, the non-fungible token community fostering the incubation of the upcoming MegaETH blockchain network, has announced plans to launch a non-fungible token collection before the end of this week. MegaETH is a real-time blockchain network under development that is anticipated to stream transactions at 100,000 transactions per second with millisecond latency once fully launched. 📆 The official @megalioETH NFT mint goes live on June 28 with a total supply of 4,444 NFTs. I'm particularly bullish on this collection. I don't just plan to mint, I’ll be watching the secondary market closely, and I won’t hesitate to sweep the floor if the opportunity is… https://t.co/0XMTJNmY5k pic.twitter.com/A3Qeackzfj — Black Swan (@Blackswan_DeFi) June 24, 2025 Megalio NFT Mint Is Happening On June 28 In a June 24 blog post, the Megalio team confirmed plans to launch a non-fungible token collection on the Ethereum blockchain network, known for hosting the majori...

Russia has signed trade deals worth 1 trillion rubles (equivalent to $13.1 billion) in local currencies. This is the second time in a row that Russia signed trade agreements worth $13.1 billion. The deals were inked at the St. Petersburg International Economic Forum (SPIEF), announced Governor Alexander Beglov. The national brand space ‘Buy Russian!’ was the centerpiece at the SPIEF forum in St. Petersburg. Also Read: CIS Settles 99% of Payments in Local Currencies, Ignore USD The deals extended to over 40 investment agreements with over 67 trade policies touching exactly 1.0288 trillion rubles. The agreements are mostly focused on science and technology projects and the funds will be deployed through 2030. The SPIEF event was held this week under the theme “Shared Values: The Foundation of Growth in a Multipolar World.” Russia aims to achieve a multipolar financial world where local currencies will be used for all transactions. A deal was also inked with China at the SPIEF...

The Pan-African Payment and Settlement System is a real-time settlement infrastructure for cross-border payments in local currencies. The initiative was publicly launched in January 2022. The move mirrors other initiatives around the world to develop financial systems independent of the US dollar. While it promotes soft de-dollarization, completely moving away from the greenback may not be its intended action. De-Dollarization Not The Goal Of The Pan-African Payment and Settlement System Source: Freepik According to the Pan-African Payment and Settlement System chief Mike Ogbalu, “ Our goal, contrary to what people might think, is not de-dollarization. “ Bypassing the US dollar seems like a prudent alternative. Ogbalu highlights how African economies struggle to find third-party global currencies to settle transactions. Commercial banks in Africa often rely on overseas counterparts. Partnerships with overseas counterparts significantly add to transaction costs. Trade in Afri...

Pro-Israel hackers behind the theft of $90 million from Iran’s largest crypto exchange, Nobitex, have threatened to target more Iranian institutions and warned citizens to withdraw their funds. Known as Gonjeshke Darande, or “Predatory Sparrow,” the hackers announced on X last Friday that they’re looking to target any institutions supporting Iran’s military forces. “Some of them will be destroyed with intense force; others will just disappear right before your very eyes,” it said. Predatory Sparrow then warned Iranians to withdraw their funds before it’s “too late,” and said it would not explain itself any further. The octopus ruling Iran has many arms – they are being cut off one by one This week, we, “Gonjeshke Darande”, targeted the IRGC’s financial lifelines – the arteries feeding terror and destruction. These infrastructures were not operated for the benefit of the citizens. They… pic.twitter.com/5aEiN0esGl — Gonjeshke Darande (@GonjeshkeDaran...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...