JYS Group Crashes After $180M Investment – Chairman Fled to UK

JYS Group has collected $180 m from savers in Guangdong by offering infrastructure-linked products with up to 9 % annual returns. Losses tied to crypto trading, P2P lending and stock bets have emerged, its chairman claims to have fled to Britain, and local investigators have begun tracing funds.
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RWAs Boom as Layer-1 Blockchains Ignite $18.9T Tokenization Surge

RWAs have boosted blockchain adoption, with market value projected at $18.9 trillion by 2033. Ethereum drives 60 % of activity, while Stellar hosts Franklin Templeton’s $467 million fund, Avalanche administers $6 billion in tokenized loans, and Injective adds liquid trading for yield-bearing assets.
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Crypto Accounts Purged: EU Imposes Anonymous Wallet Ban on 1 July 2027

EU lawmakers have finalized AMLR that will close anonymous Crypto Accounts, ban privacy coins from July 2027, and place large exchanges under AMLA oversight. Regulators plan a bloc-wide register by 2029 and checks on self-hosted wallets to align crypto compliance with banking standards.
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Mango Markets Exploiter Gets 4 Years for 1.3K Child-Exploitation Images

Mango Markets exploiter Avraham Eisenberg, already awaiting a July sentencing for commodities fraud tied to a $110 million token manipulation, has been given more than four years in federal prison for allegedly possessing almost 1,300 files of child images discovered during his 2022 arrest.
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BITCOIN Act Touted by Sen. Lummis to Slash $36T U.S. Debt

Sen. Cynthia Lummis has urged passage of the BITCOIN Act, arguing that a U.S. Bitcoin reserve would help manage the $36 trillion debt and solidify the nation’s standing in digital finance. The proposal, backed by Rep. Nick Begich and welcomed by Donald Trump, frames Bitcoin as a strategic asset.
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