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UK FCA: Seizes seven cryptocurrency ATMs and arrests two individuals

2025-07-17 10:24

According to a report by Golden Ten, the Financial Conduct Authority (FCA) in the UK has seized seven cryptocurrency ATMs and arrested two individuals on suspicion of operating an illegal cryptocurrency exchange.

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Today 2025-07-17

17:09

Sources: The White House is preparing to pass the GENIUS bill today and plans to hold a signing ceremony tomorrow

According to BlockBeats, on July 18th, crypto journalist Eleanor Terrett tweeted, "According to some invitees, the White House is preparing to pass the GENIUS Act today and plans to hold a signing ceremony tomorrow at 2:30 pm Eastern Time, inviting industry leaders and lawmakers to attend

16:59

Federal Reserve Daley: It is a reasonable expectation to cut interest rates twice this year

According to BlockBeats, on July 18th, the Federal Reserve stated that it is a reasonable expectation to cut interest rates twice this year. (Golden Ten)

16:07

Blockskye raises $15.8 million in funding, led by Blockchange

According to Foresight News, Blockskye, which builds blockchain infrastructure for business travel, has raised $15.8 million in Series C funding, led by Blockchange and joined forces with aviation venture capital firms, Lightspeed Faction, KSV Global, Lasagna, Litiquity Ventures, Longbrook Ventures, and TFJ Capital. This round of financing adopts pricing equity trading and comes with token warrants. Blockskye is also preparing to launch a new payment product.

15:56

The Bank of England has joined the ranks of European regulatory agencies and issued a warning on the risk of the US dollar

According to three sources, the Bank of England has requested some banks to test their ability to withstand potential shocks to the US dollar, the latest sign of how the Trump administration's policies are eroding people's trust in the US as the cornerstone of financial stability. US President Trump has broken the long-standing policies of the United States in areas such as free trade and defense, forcing policymakers to consider whether emergency provision of US dollars can still be relied upon during times of financial pressure. A source familiar with the matter said that following similar requests from European regulators, the Bank of England has asked some banks to evaluate their US dollar financing plans and their level of dependence on the US dollar, including short-term demand. Another source said that in recent weeks, a global bank headquartered in the UK has been required to conduct internal stress tests, including the possibility of a complete depletion of the US dollar swap market. One of the sources said that given the dominant position of the US dollar in the global financial system and banks' dependence on the US dollar, no bank can withstand such a shock for more than a few days.

15:47

With the advancement of the cryptocurrency bill, Wall Street sends a signal of stablecoin counterattack

According to a report by Golden Finance, leaders of several major banks in the United States, including JPMorgan CEO Damon, Bank of America CEO Moynihan, and Citigroup CEO Fraser, view stablecoins as a potential threat to payment control in the banking industry. Senior bankers are exploring tools such as deposit tokens and stablecoins issued by banks to defend their control over payments. Fraser stated that the bank is actively exploring reserve management for stablecoins and providing custody services for cryptocurrency assets. Moynihan warns that the banking industry must respond to the rise of stablecoins, whether through developing its own products or partnering with emerging payment institutions, to prevent customers from turning to new partners.