Robinhood has been approved to offer cryptocurrency services in the United Kingdom, according to ChainCatcher. The online brokerage already holds registration with the UK Financial Conduct Authority, or FCA, which means the company meets the regulator’s anti-money laundering requirements. That existing registration is a key compliance detail tied to its operations in the market. The approval comes before the UK’s broader crypto regulatory framework takes effect in October 2027. In other words, Robinhood’s crypto service authorization in the country has arrived ahead of the rollout of the more comprehensive rules that will govern the sector.

U.S. Treasury Secretary Bessent and President Trump have both confirmed Washington’s involvement in efforts to support the yen, while Bloomberg reported unusually close coordination between Japan’s Ministry of Finance and the U.S. Treasury. The move triggered a sharp market response, with the yen strengthening to 157.40 per dollar late in New York trading, its strongest level since early May after hovering near its weakest point since 1986 just two days earlier. The report argues that the intervention is being read as more than routine FX management. Analysts cited in the piece say sustained support for the yen could mark a turning point for the decades-old yen carry trade, a funding structure that has shaped global capital allocation since the 1980s. Attention has also shifted to Japan’s foreign-exchange reserves and the potential implications for long-dated U.S. Treasury yields if Tokyo needs to sell Treasuries to defend its currency. The article also says market pressure may be tied less to inflation fears than to liquidity restructuring, reserve liquidation risk, and rising borrowing needs from large technology companies investing in AI infrastructure, data centers, and chips.

Changpeng Zhao, widely known as CZ, reposted a BNB Chain statement on X and said the developer tied to the TST matter was "basically a scammer," adding a warning to "Stay SAFU." The remark came after BNB Chain said the TST address had been created by a former employee and used in a video tutorial to generate a token. According to the company, that person is no longer employed by BNB Chain because of the incident. BNB Chain said the former employee retained unauthorized access to the relevant mnemonic phrase after leaving the company and used it to generate a new private key. The company later learned that the same address was being used independently for a new meme token. BNB Chain said it did not create, authorize, promote, or participate in creating that token, and added that it has no control over the token or the wallet address involved. It also said neither the token nor the wallet address is affiliated with or endorsed by BNB Chain. The company said it is taking legal action against the former employee and is cooperating with the relevant authorities.

According to a report cited by ChainCatcher from Jinshi, a range of major developments took place yesterday across China and overseas markets. In China, the China Securities Regulatory Commission approved the registration of coking coal options, while the BeiDou Navigation Satellite System completed an in-orbit upgrade. The State Administration for Market Regulation also launched price compliance guidance for the photovoltaic industry, and China’s three major telecom operators are set to stop issuing phone cards through third-party internet channels. Overseas, the Bank of Japan left interest rates unchanged, and South Korea’s KOSPI posted its biggest single-day gain on record. The report also said hawkish pressure inside the Federal Reserve is rising, with multiple officials backing further rate hikes. The update was published by ChainCatcher and attributed to Jinshi.

Asset manager Aberdeen Investments said the U.S. Federal Reserve may raise interest rates in September if the Strait of Hormuz remains closed, according to a report cited by ChainCatcher via Jin10. The brief did not provide further details on the basis for the view, the expected duration of the closure, or any specific policy path beyond the September timing. ChainCatcher published the item under its policy and regulation category. No additional market data, official Federal Reserve comments, or broader geopolitical context were included in the source text.

Bitcoin has rebounded from around $64,000 to roughly $65,100, but the market is still stuck in a range-bound phase, according to a new report from on-chain analytics firm Glassnode cited by BlockBeats on July 27. The report said BTC pulled back after reaching a local high of $66,700, while spot prices remain within a statistically defined volatility range. Exchange liquidity has continued to tighten and active sell-side pressure has eased, yet overall market participation remains subdued. In derivatives, perpetual futures buyers have become less aggressive and speculative conviction has weakened. Open interest has risen slightly, but long funding rates have cooled, pointing to more cautious use of leverage. Options open interest has kept climbing and volatility spreads have widened, suggesting traders are positioning for greater uncertainty ahead. On the institutional side, regulated investment products recently turned to net outflows and weekly trading volume fell noticeably, though aggregate institutional holdings remain modestly profitable and valuation support has held steady. On-chain activity also reflects a quieter market, with stable active addresses but weak settlement demand, limited transaction pressure, and stalled capital inflows.

Europe’s crypto market is moving into a new phase as firms shift their attention from licensing wins to the long-term cost of staying compliant under stricter rules. CoinDesk reports that the European Union’s Markets in Crypto Assets regulation, or MiCA, has pushed the debate beyond who can get authorized and toward which firms can afford to keep operating under a full regulatory regime. Lawyers say the U.K. may end up imposing standards that are just as demanding, even though it is taking a different route by folding crypto businesses into its existing financial services framework rather than creating a separate crypto rulebook. That structure could favor banks and established investment firms that already have governance, capital, custody and compliance systems in place. Morgan Lewis partner Steven Lightstone said the Financial Conduct Authority wants to support competition and newcomers, but still maintains high standards, especially in areas involving consumers. He pointed in particular to the proposed use of the client asset rules known as CASS, which would require firms to separate customer crypto assets from company funds and add operational controls around private keys and reconciliations. Sygnum Europe CEO Simon Schneider said fewer than 20% of banks in Europe currently offer any kind of crypto service, leaving the market heavily underserved. He argued that MiCA’s biggest contribution is legal certainty for financial institutions and said banks are likely to lean on infrastructure providers for custody, brokerage, staking and tokenization as adoption grows.

Michael Burry said he considered shorting SpaceX after its listing, but backed away because put options looked too expensive. He said he is currently neither short nor long the stock.