China’s Supreme People’s Procuratorate has published a set of recommendations that would reshape how the country investigates and prosecutes cryptocurrency-related money laundering, including a proposal to treat the use of mixers and privacy coins as evidence of criminal intent.

The article, released in the official Procuratorial Daily, was written by two prosecutors from Hunan Province’s Yuhu District and an associate law professor at Xiangtan University. 

The authors argue that the decentralized, pseudonymous, and cross-border design of virtual currencies has outpaced China’s legal framework and created a three-part problem: defining the offense, gathering evidence,…

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This is a guest post by Brandon Black. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

Within the tiny internet bubble of Bitcoin X (formerly Bitcoin Twitter or Crypto Twitter), there has been a lot of noise in the past year about @dathon_ohm’s proposal for a Reduced Data Temporary Softfork, otherwise known as BIP110. Underlying this proposal is the idea that certain Bitcoin transactions have been violating the principles of the network by including in their locking or unlocking scripts data that can be interpreted in one or more additional ways besides their plain Bitcoin script interpretation. According to…

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CleanSpark, the Nasdaq-listed bitcoin miner, said on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia. 

The deal marks the firm’s largest step from pure bitcoin mining toward high-performance computing for hyperscale clients.

The lease covers data center infrastructure that will support 175 megawatts of critical IT load. CleanSpark expects the initial term to generate $6.6 billion in contracted revenue, a figure that would climb to $11.6 billion if the tenant exercises both extension options. 

The company has recently announced that it would repurpose part of…

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The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, no loss,” deferring Capital Gains Tax until a user makes an economic disposal of the underlying cryptocurrency.

The measure, published Monday, takes effect 6 April 2027 and applies to individuals and trustees who enter cryptoasset loan and liquidity pool arrangements, according to the policy paper. 

It amends the Taxation of Chargeable Gains Act 1992.

The rules cover three scenarios. In a single cryptoasset lending arrangement, a user who acquires or disposes of an interest in exchange for cryptoassets of the same type as those invested…

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Bitcoin price briefly climbed above $64,000 on Tuesday after the June Consumer Price Index came in softer than forecast, giving traders fresh reason to bet the Federal Reserve will step back from further tightening.

The Labor Department reported that headline CPI fell 0.1% in June from the prior month, pulling the annual rate down to about 3.9% from 4.2% in May. A near 10% drop in gasoline prices drove much of the decline. Bitcoin price, which had spent the past week under pressure from leverage flushes and geopolitical risk, turned higher on the print and traded near $63,800, a gain of about 2% on the day.

Softer inflation data eases the path toward rate cuts, and lower rates…

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Patrick Witt, the White House’s top crypto adviser, will begin a months-long leave of absence this month to report for training with the Georgia Army National Guard, according to a report from Crypto in America. 

His departure arrives as the Senate works to advance the Clarity Act before its August recess.

Witt, 37, is expected to conclude his White House work next Friday before reporting on July 27 to the Guard’s Judge Advocate General (JAG) program. Completion of the training qualifies him to serve as a JAG officer, a military attorney who advises on military justice and operational and administrative law. Witt and the White House did not respond to Crypto in America’s…

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Bitcoin closed the second quarter of 2026 mired in its deepest and longest downturn since the last bear market, according to Bitwise Asset Management’s newly released Q3 2026 Crypto Market Review. 

Yet the $9 billion crypto asset manager frames the pain as a setup rather than a collapse, arguing the industry has never been sturdier beneath the surface.

Bitcoin fell 13.4% in Q2 and is down 32.9% for the year, dropping below $60,000 in June for the first time since 2024 and landing roughly 52% under its October peak of $126,080. That extends what Bitwise calls “crypto winter” to nine months and marks the third straight quarter of negative returns for the broader Bitwise 10…

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The Senate returns to Washington on July 13, with the clock running down on the most consequential piece of crypto legislation in years. Lawmakers now have roughly four weeks to schedule, debate, and pass the CLARITY Act before the August recess. 

President Trump weighed in directly on Monday, posting on Truth Social that “in honor of Senator Lindsey Graham, a big supporter, the U.S. Senate should pass the Clarity Act” and warning that China and other countries “would like to take complete and total control of this major financial ‘happening,’” as well as A.I. 

White House crypto adviser Patrick Witt amplified the urgency, noting the critical week coincides with the…

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Strive, Inc. (Nasdaq: ASST) bought 18 bitcoin last week, a modest addition that lifted the Dallas-based company’s treasury to 19,900 coins, according to an 8-K filing with the Securities and Exchange Commission on Monday.

The purchases ran from July 6 through July 10 at an average price of about $64,028 per bitcoin, including fees and expenses, for a total of some $1.2 million. The buy is small next to Strive’s earlier moves this year, and it tracks a bitcoin price that has fallen well below the levels the firm paid in prior rounds.

Alongside the purchase, Strive reported cash and cash equivalents of $154.1 million as of July 10, up $700,000 from July 2. The company still…

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Strategy (MSTR) sold about $466.7 million worth of its stock last week and put the proceeds toward cash rather than bitcoin, according to an 8-K filing with the Securities and Exchange Commission on Monday. The move lifted the company’s U.S. dollar reserve to $3 billion and marked another week without a purchase from the largest corporate holder of bitcoin.

Between July 6 and July 12, the Michael Saylor–led firm sold 4,818,781 Class A common shares through its at-the-market equity program. It issued no preferred stock under its other ATM facilities during the period. 

The company said the fresh cash pushed its dollar reserve up by some $450 million, and that it holds the…

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