1. βοΈEmirates to Accept Crypto Payments via Crypto.com
Dubaiβs Emirates airline signed a preliminary agreement with Crypto.com to offer cryptocurrency payments starting next year. The move targets tech-savvy travelers and aligns with Dubaiβs crypto-friendly regulatory push under VARA and its growing crypto ecosystem.
2. π¦Ant International Eyes Stablecoin Licenses Globally
Ant Groupβs international arm is βseriously consideringβ stablecoin license applications around the world. Their goal is not to facilitate crypto trading, but to enhance global payment systems using fiat-pegged tokens.
3. πBitcoin Momentum Fades as Rally Pauses
Bitcoin edged up 0.3% to $108,762 but sits ~3% below its May record high. Rising prices from Ethereum, Solana, and XRP couldnβt sustain momentum, with analysts warning that a lack of catalysts is putting the crypto rally under pressure.
4. ποΈHouse Declares βCrypto Weekβ to Pass Industry-Backed Bills
U.S. House Republicans designated next week as βCrypto Week,β aiming to pass three bills: the GENIUS Act (stablecoin oversight), CLARITY Act (defining SEC vs. CFTC jurisdiction), and Anti-CBDC Surveillance State Act (FDA federal CBDC prohibition). These proposals support innovation but draw mixed reactions from consumer advocates.
