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Crypto
DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says
The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.

Crypto Market Rebound Expected in August, Liquidations to Finish by July-End: JPMorgan
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.

Wallets Linked to Global Scams on Cambodia's Huione Guarantee Collect $11 Billion: Report
The online platform is said to be linked to the nation's ruling family and allegedly hosts posts offering services including deepfake scams, money laundering and so-called pig butchering.

Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto
She has previously called for crypto to be regulated while recognizing the technology's potential.

Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
