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ToggleOver the past week, the cryptocurrency market has seen many notable events. Let's review the hottest Crypto news of the past week with Allinstation!
Expected Vietnam to Have 5 Licensed Digital Asset Trading Platforms
The blockchain and digital asset sector in Vietnam is preparing to enter a new phase with an expected 5 digital asset trading platforms to be licensed for pilot testing. These platforms will not only serve domestic trading but also have the potential to directly connect with international platforms to ensure liquidity, increase competitiveness, and attract investors.
Details: 'Expected Vietnam to Have 5 Licensed Digital Asset Trading Platforms' – 24H Crypto Bitcoin News
China Unexpectedly Tightens Stablecoin Control
In the context of a continuing global digital currency market, Chinese financial authorities have unexpectedly tightened control over stablecoin-related information. According to internal sources cited by Bloomberg, from late July to early August 2025, many securities companies, research institutes, and financial organizations on the mainland have received directives to stop publishing documents, cancel conferences and reports related to stablecoins.
Details: China Unexpectedly Tightens Stablecoin Control – 24H Crypto Bitcoin News
This Company Will Raise $5 Billion to Buy Ethereum
On August 8, Fundamental Global Inc. – a US-listed company – announced plans to raise up to $5 billion to build a strategic Ethereum (ETH) reserve fund, marking a bold move into the digital asset market as cryptocurrency becomes an increasingly important part of the global financial system.
Details: This Company Will Raise $5 Billion to Buy Ethereum – 24H Crypto Bitcoin News
Visa CEO: Digital Currency Sector Will Boom Like E-commerce in the 1990s
Visa's CEO recently made a bold prediction that cryptocurrency will enter a powerful boom phase, similar to how e-commerce "took off" in the 1990s. According to him, within the next 10 years, cryptocurrency will achieve widespread global application, becoming an essential part of the digital economy.
Details: Visa CEO: Digital Currency Sector Will Boom Like E-commerce in the 1990s – 24H Crypto Bitcoin News
Legal Battle Between SEC and Ripple Officially Closes
One of the most famous and longest-lasting lawsuits in cryptocurrency history has officially concluded. On August 7, 2025, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs jointly filed a motion to withdraw all appeals to the Second Circuit Court of Appeals. This means both parties will bear their own legal costs and there are no further legal disputes at the appellate level.
Details:Legal Battle Between SEC and Ripple Officially Closes – Crypto Bitcoin News 24H
Ministry of Finance: Will Issue Digital Asset Pilot Resolution as Early as August
At the regular government press conference on August 7, Deputy Minister of Finance Nguyen Duc Chi stated that the process of drafting the Digital Asset Market Pilot Resolution in Vietnam has completed important preparatory steps. The Ministry of Finance has studied digital asset management models from many countries in the region and worldwide, while thoroughly evaluating the current situation of Vietnamese people participating in cryptocurrency transactions. In parallel, the Ministry has collaborated with experts to organize workshops and symposiums to build an appropriate policy framework.
President Trump Officially Signs Executive Order Allowing Pension Funds to Invest in Cryptocurrency
On August 7, 2025, President Donald J. Trump signed a groundbreaking executive order expanding investment scope in 401(k) retirement accounts to include alternative assets such as cryptocurrency, real estate, and private equity. The order requires the Department of Labor, Securities and Exchange Commission (SEC), Department of Treasury, and related agencies to quickly review and adjust current administrative regulations to facilitate this investment channel.
Chainlink Announces LINK Token Reserve Fund
On August 7, the leading decentralized oracle network Chainlink announced the launch of the "Chainlink Reserve" – a strategic move to accumulate LINK tokens from enterprise integration revenues and on-chain services. According to on-chain data at the wallet address 0x9A709B7B69EA42D5eeb1ceBC48674C69E1569eC6 on Etherscan, the fund currently holds approximately 65,500 LINK, equivalent to about $1.16 million at the current exchange rate.
Details: Chainlink Announces LINK Token Reserve Fund – Crypto Bitcoin News 24H
Vietnam Will Have More Than One Digital Currency Exchange
On the afternoon of August 7 in Hanoi, at the regular government press conference for July, Deputy Minister of Finance Nguyen Duc Chi announced the latest information about the pilot project for the digital asset market in Vietnam. This is a notable turning point in the context of increasingly popular digital assets, with countries worldwide, including the U.S. under President Donald Trump's second term, accelerating the development of legal frameworks for this field.
Details: Vietnam Will Have More Than One Digital Currency Exchange – Crypto Bitcoin News 24H
1 in 5 Vietnamese Own Digital Assets
The digital asset market in Vietnam is experiencing unprecedented growth and widespread acceptance. According to Mr. Truong Gia Binh – FPT Board Chairman – at the GM Vietnam 2025 event organized by SSI Digital and Kyros Ventures, Vietnam is currently one of the countries with the highest percentage of digital asset ownership worldwide: 1 in 5 Vietnamese people are holding digital assets.
Details: 1 in 5 Vietnamese Own Digital Assets – Crypto Bitcoin News 24H
Pi Core Team's New Move Raises Community Doubts
Recently, OpenMind – a Silicon Valley-based startup specializing in developing operating systems for humanoid robots – successfully raised $20 million in its latest funding round. Notably, this investment includes participation from Pi Core Team alongside major technology industry names like Pantera Capital and Blackdragon.
Details: Pi Core Team's New Move Raises Community Doubts – Crypto Bitcoin News 24H
President Trump Announces 50% Tariff on India
U.S. President Donald Trump recently signed an executive order officially raising the tariff rate on imported goods from India by an additional 25%, bringing the total tariff to 50%. The information was published on the official White House website on August 6, 2025.
Details: President Trump Announces 50% Tariff on India – Crypto Bitcoin News 24H
MB Bank Enters Digital Asset Space: Partnering with Global Leader to Build Comprehensive Digital Banking Ecosystem
At an important investor event in early August 2025, Military Commercial Joint Stock Bank (MB) stirred the financial market with a new strategic move: expanding into digital asset business, combining with one of the top three global partners in this field.
Indonesia Will Increase Tax on Cryptocurrency Transactions
At an important event for investors held in early August 2025, Military Commercial Bank (MB) stirred up the financial market with a new strategy: expanding into digital asset business, collaborating with one of the top three global partners in this field.
Details: Indonesia Will Increase Tax on Cryptocurrency Transactions
Jito Proposes Distributing All Revenue to JTO Holders
According to a Mars Finance report on August 5, Jito Labs launched a new governance proposal called JIP-24, aimed at enhancing decentralization for the Jito ecosystem. The proposal calls for transferring all revenue generated from Block Engine and Block Assembly Market (BAM) directly into the Jito DAO Treasury. If approved, the new mechanism will allow the DAO to fully control the protocol's revenue stream, thereby redistributing profits to JTO token holders.
Details: Jito Proposes Distributing All Revenue to JTO Holders – 24H Crypto Bitcoin News
Philippines Names 10 Unauthorized Cryptocurrency Exchanges, Including OKX, Bybit, KuCoin...
The Philippines Securities and Exchange Commission (SEC) recently issued an official warning about many large cryptocurrency exchanges operating illegally in the country. According to the announcement released on Monday, the SEC listed 10 prominent exchanges such as OKX, Bybit, KuCoin, Kraken, MEXC, Bitget, Phemex, CoinEx, BitMart, and Poloniex for providing cryptocurrency services to Philippine users without valid licenses under newly issued regulations.
Binance Lists Succinct (PROVE) Through Binance HODLer Airdrops Program
Binance recently announced the listing of the 31st project in its Binance HODLer Airdrops program – Succinct (PROVE), a decentralized prover network for creating universal zero-knowledge proofs.
Details: Binance Lists Succinct (PROVE) Through Binance HODLer Airdrops Program – 24H Crypto Bitcoin News
This Company Just Raised $558 Million to Buy Toncoin (TON)
Verb Technology Company, Inc. (Nasdaq: VERB) has officially announced a successful pricing of an extended private investment in public equity (PIPE transaction), attracting oversubscribed commitments from qualified institutional and individual investors. This raised capital will be used to implement a treasury strategy with Toncoin ($TON) – the native cryptocurrency of The Open Network (TON) blockchain ecosystem. According to the plan, Verb will rename itself to TON Strategy Co. (TSC), becoming the first public company listed with the role of official reserve treasury for Toncoin.
Details: This Company Just Raised $558 Million to Buy Toncoin (TON) – 24H Crypto Bitcoin News
Binance Lists Towns (TOWNS) Through Binance HODLer Airdrops Program
Binance recently announced the listing of the 30th project in its Binance HODLer Airdrops program – Towns (TOWNS), an open protocol for private group conversations with on-chain verified members.
Details: Binance Lists Towns (TOWNS) Through Binance HODLer Airdrops Program – 24H Crypto Bitcoin News
