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Crypto
Russia crypto bill sets investment caps and cross-border transaction rules
Russia's State Duma plans to take up a bill regulating the cryptocurrency market for second and third readings on July 22. If passed, the bill would establish a legal framework for crypto activity, including investor rules and standards for cross-border transactions. It sets annual purchase and overseas transfer limits by investor type, and would create legal conditions for Russian companies to use crypto in foreign trade. Key provisions are expected to take effect on Sept. 1.
AI & Enterprise
U.S. clashes over regulating open-weight AI models amid rise of Chinese systems
A debate is growing in the United States over whether to regulate open-weight large language models from China, after the rise of models such as Moonshot AI's K3. Some leading U.S. AI companies see Chinese model proliferation as a threat to recouping investment and maintaining technological leadership. Others argue regulation could weaken U.S. innovation. Trump administration officials are reported to be reviewing a ban, though the Commerce Department may not move immediately.
Industry
Samsung Electronics sets up RX office under CEO to drive robot business
Samsung Electronics has formalised robots as a next-generation core business and set up a dedicated organisation. The company said it will establish the RX (Robotics eXperience) Business Promotion Office under the CEO to integrate companywide robotics capabilities and drive work from mid- to long-term strategy and core technology development to commercialisation. It will use its Seoul R&D Campus as a main base, build a data factory in Gumi, and set up global research bases in the United States, China and Japan.
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Games & Commerce
Webzen to show 'Terbis' at Japan's Comiket for fifth straight time
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Industry
Cafe24 says food and beauty sales on D2C malls jump 44 percent and 38 percent in two years
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Industry
South Korean students win medals at international biology and chemistry Olympiads
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Crypto
DSRV to supply staking infrastructure to Japan's SBI VC Trade
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Crypto
Nigeria pushes to unify crypto regulation, revise tax guidelines
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Crypto
XRP volume jumps 61 percent; break above $1.12 opens path to $1.42
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Industry
IQM, Deutsche Bahn apply quantum computing to German rail operations, test 98,500 schedule combinations
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Crypto
XRP rebounds after 22 percent June drop; will July midterm-year strength repeat
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Crypto
Bitcoin holds price, but spot buying dries up, raising sharp drop warning
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Crypto
Tether's gold token XAUT approved in Abu Dhabi, expands regulatory coverage after USDT
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Crypto
XRP Ledger daily payments down 80 percent, renewing fears of a break below $1
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Crypto
BitMine buys 7,430 ether in a week, holds 4.8 percent of circulating supply
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Crypto
Coinbase CEO says do not buy coins based on my X posts
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Crypto
Ripple targets institutional payment networks with Mastercard, JPMorgan partnerships, two-track XRP and RLUSD strategy
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Crypto
Strive buys 21 more bitcoin, holdings rise to 19,921 BTC