
Cointelegraph|Jul 31, 2025 03:01
🗞️ Need to catch up on the news? Here's our top 10 from today:
🔸 Bo Hines says the U.S. aims to accumulate Bitcoin in a budget-neutral way while building long-term infrastructure and clear regulations for digital assets.
🔹 President Trump announces a major trade deal with South Korea, with Korea investing 350B in US-owned projects, 100B in LNG purchases and a 15% tariff on Korean goods.
🔸 White House releases Bitcoin and crypto report for the first time.
🔹 The Federal Reserve has decided to leave interest rates unchanged.
🔸 Coinbase partners with JPMorgan Chase to bring crypto to 80M+ users via USDC rewards, Chase card funding, and direct bank integration starting 2026.
🔹 Trump reacts to 3% Q2 GDP: “Too Late must now lower the rate. No inflation! Let people buy and refinance their homes!”
🔸 Indonesia will raise crypto transaction tax rates starting August 1, with domestic exchange sellers paying 0.21% (up from 0.1%) and overseas exchange sellers paying 1% (up from 0.2%) per Reuters.
🔹 Algeria enacts comprehensive cryptocurrency ban, prohibiting the buying, selling, trading, holding, and mining of Bitcoin and all virtual assets.
🔸 Bank of Korea has established a new "Virtual Asset Team" to monitor crypto markets and lead discussions on Korean won stablecoins.
🔹 Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill will now plead guilty to US charges related to their crypto mixing service.(Cointelegraph)
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