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Crypto

Kyrgyzstan has 90 crypto-related criminal cases, expands cooperation with financial sector

Kyrgyzstan is stepping up enforcement against crypto-related crime as the industry grows quickly, with 90 criminal cases registered by police this year. Interior Minister Ulan Niyazbekov (울란 니야즈베코프) said crypto is being used for cyber fraud, embezzlement and money laundering, with cross-border transactions complicating tracing. Authorities are expanding cooperation with banks and the central bank, while also pushing digital asset experiments including a som-linked stablecoin and a digital som.

Crypto

Bitcoin climbs above $68,000 as SEC rule proposal, White House summit boost sentiment

Bitcoin regained the $68,000 level and rose 6.16 percent to $68,610, with market share at 58.84 percent, Coin360 data showed. Major altcoins also gained, while some tokens fell. The rally followed the SEC’s proposal of a new rule dubbed “Regulation Crypto Asset” and President Trump’s White House crypto summit with executives and CFTC and SEC chiefs. U.S. Treasury buyback news also supported risk assets.

Crypto

Binance to delist seven spot trading pairs on Aug. 14, to phase out six tokens

Global cryptocurrency exchange Binance will halt trading in seven spot trading pairs, including APT/BTC and AR/BTC, on Aug. 14 local time. The move follows a regular review and targets pairs with low liquidity and trading volume, Binance said. Spot trading bot services for the affected pairs will also end. Later this month Binance plans to delist all spot pairs for six cryptocurrencies, fully ending spot trading in those tokens and setting deposit and withdrawal deadlines.