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The International Criminal Court on Tuesday issued arrest warrants for two top Taliban leaders, accusing them of persecuting girls and women in Afghanistan.

The pair are suspected of “ordering, inducing or soliciting” the persecution of girls, women and others who don’t conform with the Taliban’s policy on gender, the ICC said in a statement.

Haibatullah Akhundzada, supreme leader of the Taliban, and Abdul Hakim Haqqani, chief justice of the hardline Islamist group, are “criminally responsible” for carrying out persecution on gender-based grounds since “at least” August 15 2021, the ICC’s chief prosecutor said back in January.

Since seizing control of Afghanistan in August 2021, the Taliban has implemented a string of oppressive measures against women and girls, even cracking down on the sound of women’s voices in public.

Girls have been barred from education after sixth grade. Women must veil their bodies and wear a face covering at all times in public, and have also been forbidden to look at men they are not related to.

“While the Taliban have imposed certain rules and prohibitions on the population as a whole, they have specifically targeted girls and women by reason of their gender, depriving them of fundamental rights and freedoms,” the ICC said on Tuesday.

“Specifically, the Taliban severely deprived, through decrees and edicts, girls and women of the rights to education, privacy and family life and the freedoms of movement, expression, thought, conscience and religion,” it continued.

Other people, including “allies of girls and women” and those with sexualities or gender identities viewed as “inconsistent with the Taliban’s policy on gender,” were also targeted by the Taliban, the ICC said.

Lisa Davis, the ICC’s Special Adviser on Gender and Other Discriminatory Crimes, said in a post on social media that this is “the first time in history” that an international tribunal has confirmed LGBTQ people to be “victims of crimes against humanity, namely gender persecution.”

This is a developing story and will be updated.

This post appeared first on cnn.com

Florida Gov. Ron DeSantis suggested that business magnate Elon Musk push for balanced budget and congressional term limit amendments to the U.S. Constitution, rather than build a new political party.

Musk, who has been beating the drum about the need to rein in government spending, announced that he is launching a new political party called the America Party. 

‘Backing a candidate for president is not out of the question, but the focus for the next 12 months is on the House and the Senate,’ he noted in a post on X.

DeSantis is not on board with the idea. 

The governor suggested that if Musk funds candidates in competitive Senate and House contests, Democrats will likely win.

But DeSantis acknowledged that the GOP has an issue with people running on spending less, but then failing to do so. ‘There’s a gap between the campaign rhetoric, and then the performance,’ he said.

He explained that he does not believe ‘electing a few better people’ will alter the ‘trajectory’ on the debt issue.

DeSantis said that the ‘incentives’ in D.C. will ‘lead to these outcomes, really, regardless of the outcome of elections at this point,’ asserting that a balanced budget amendment to the Constitution is needed.

Musk ‘would have a monumental impact’ if he got involved, DeSantis said, adding that the U.S. also needs term limits for lawmakers.

This post appeared first on FOX NEWS

President Donald Trump on Monday said that his administration would be sending defensive weapons to Ukraine so the war-torn country could defend itself from Russia’s ongoing invasion, an apparent turnaround after the Pentagon said last week it was pausing such deliveries.

His comments came as Russian attacks on Ukraine killed at least 11 civilians and injured more than 80 others, including seven children, officials said Monday.

‘We have to,’ Trump said when questioned at the start of a dinner he was hosting at the White House for Israeli Prime Minister Benjamin Netanyahu. ‘They have to be able to defend themselves. They’re getting hit very hard now. We’re going to send some more weapons — defensive weapons primarily.’

Russia continues to advance and now currently controls just under a fifth of Ukrainian territory, including Crimea, all of Luhansk, the lion’s share of three other regions and slivers of three additional regions.

Trump’s repeated efforts to broker a ceasefire have not been successful, and the president continued to vent his frustration with Russian President Vladimir Putin, who continues to escalate military actions.

‘I’m not happy with President Putin at all,’ Trump said.

The Defense Department later said it would send additional defensive weapons to Ukraine at Trump’s direction, to ensure the Ukrainians can defend themselves while efforts continue to secure a lasting peace. 

‘Our framework for POTUS to evaluate military shipments across the globe remains in effect and is integral to our America First defense priorities,’ Pentagon spokesman Sean Parnell said.

Ukraine has been asking Washington to sell it more Patriot missiles and systems that it sees as key to defending its cities from intensifying Russian air strikes.

Last week the Pentagon froze some shipments of critical weapons to Ukraine, including Patriot missile interceptors and 155 mm artillery shells, at a pivotal moment in Kyiv’s war with Russia, Fox News confirmed. According to U.S. military officials tracking the shipments, the weapons were already staged in Poland before the order came down. 

It came as Russia launched its largest aerial attack of the war, nearly 500 drones and 60 missiles.

In response to Trump’s comments, the Kremlin said it would need time to clarify the specifics of U.S. weapons aid to Ukraine with Kremlin spokesman Dmitry Peskov said there were many contradictory statements about U.S. weapons supplies to Ukraine, though it was clear that European weapons deliveries were continuing.

‘Obviously, supplies are continuing, that’s clear. Obviously, the Europeans are actively involved in pumping Ukraine full of weapons,’ Peskov said, according to Reuters. ‘As for what kind of supplies and in what quantity Ukraine continues to receive from the United States, it will still take time to clarify this definitively,’ he added.

Peskov said that Moscow appreciated Trump’s efforts to initiate direct negotiations between Russia and Ukraine, and that there was significant potential for restarting Russian-U.S. trade and economic relations.

Separately, Russia’s transport minister Roman Starovoit was found dead in what authorities said was an apparent suicide — news that broke hours after the Kremlin announced he had been dismissed by Putin, per The Associated Press. Russian media have reported that his dismissal could have been linked to an investigation into the embezzlement of state funds allocated for building fortifications in the Kursk region, where he served as governor before being appointed transportation minister.

The firing of Starovoit followed a weekend of travel chaos — airports grounded hundreds of flights due to the threat of drone attacks from Ukraine. Russian officials did not give a reason for his dismissal.

Fox News’ Jasmine Baehr and Jennifer Griffin as well as The Associated Press and Reuters contributed to this report.

This post appeared first on FOX NEWS

A top advisor to former President Joe Biden reportedly labeled Hunter Biden’s presence on a call about the Supreme Court’s landmark ruling that former presidents have some immunity from prosecution ‘inappropriate,’ according to a new book. 

The book, ‘2024: How Trump Retook the White House and the Democrats Lost America,’ was published Tuesday and chronicles how Biden’s team dismissed concerns about his age during the 2024 election cycle, along with how President Donald Trump secured his victory. 

The book said Biden’s White House chief of staff, Jeff Zients, coordinated a video call with key Biden staffers, including White House Counsel Ed Siskel, communications director Ben LaBolt, senior advisor Mike Donilon and others to discuss whether Biden should provide an on-camera statement to the Supreme Court’s July 2024 decision. 

While Donilon already had drafted a written statement, Biden wanted to speak about the matter on-camera, the book claims. Staffers on the call started to hash out specifics of such an appearance, when Biden’s son started to chime into the call. 

‘Suddenly an unidentified voice piped up from Biden’s screen and recommended an Oval Office address,’ the book said. ‘At first, some aides had no idea who was speaking. It soon became clear the voice belonged to Hunter Biden, who the White House staff had not known was on the call. Siskel expressed some concern about the appearance of using the Oval Office.’

‘Hunter snapped back: ‘This is one of the most consequential decisions the Supreme Court has ever made.’ He said his father had every right to use the powerful imagery of the Oval Office to deliver that message,’ the book said. ‘They later settled on the Cross Hall, the long hallway on the first floor of the White House. After the call ended, Siskel told colleagues. Hunter’s presence was inappropriate.’

Biden ultimately delivered a brief speech responding to the Supreme Court’s ruling and took no questions from the press, per the suggestion of his son, the book claimed.  

Siskel and a spokesperson for Biden did not immediately respond to requests for comment from Fox News Digital. 

On July 1, 2024, the Supreme Court issued a 6–3 ruling in Trump v. United States that former presidents have significant immunity from prosecution for acts they committed in an official capacity. The case made its way to the Supreme Court after Trump faced charges stemming from then-Special Counsel Jack Smith’s investigation into whether Trump was involved in the Jan. 6, 2021, Capitol riot and engaged in any other alleged election interference. 

Trump pleaded not guilty to all charges, and claimed a former president could not face a prosecution without a House impeachment and a Senate conviction. 

The book ‘2024’ is one of several that have been released in this year detailing Biden’s mental deterioration while in office and how Trump won the election. It is authored by Josh Dawsey of the Wall Street Journal, Tyler Pager of the New York Times and Isaac Arnsdorf of the Washington Post. 

Another book covering similar material is ‘Original Sin: President Biden’s Decline, Its Cover-up, and His Disastrous Choice to Run Again,’ released May 20.

Fox News Digital has written extensively dating back to the 2020 presidential campaign about Biden’s cognitive decline and his inner circle’s alleged role in covering it up.

According to Dawsey, Hunter Biden’s involvement in his father’s affairs as president was not out of the ordinary during the former president’s time in office. 

‘What we found out over the course of reporting for our book is, Hunter Biden (was) a major figure in the president’s orbit,’ Dawsey said in a Sunday interview with ABC’s ‘This Week.’ ‘He was often on these calls, he would pipe in to calls, he was helping him make campaign decisions, and the president was very concerned about his son. It was one of the things that was an albatross on him as he tried to run for re-election.’

This post appeared first on FOX NEWS

Former White House physician Kevin O’Connor, who served as doctor to former President Joe Biden, requested a delay to his upcoming testimony before the House Oversight Committee this week.

O’Connor was scheduled to testify on Wednesday, but is now in a disagreement with the committee over the scope of the questions he will be expected to answer during his testimony. The committee, led by Chairman James Comer, R-Ky., is interviewing the doctor as part of its investigation into Biden’s mental fitness and his administration’s use of an autopen.

A lawyer for O’Connor requested the testimony be delayed to July 28 or August 4 in a letter to Comer.

‘Dr. O’Connor has legal and ethical obligations that he must satisfy and for which violations carry serious consequences to him professionally and personally,’ the letter says.

‘We are unaware of any prior occasion on which a Congressional Committee has subpoenaed a physician to testify about the treatment of an individual patient.  And the notion that a Congressional Committee would do so without any regard whatsoever for the confidentiality of the physician-patient relationship is alarming.’

A spokesman for the Oversight Committee replied in a statement that O’Connor and his legal team were merely trying to ‘stonewall’ the process. The committee is planning to move forward with Wednesday’s testimony, which O’Connor faces a subpoena to attend.

The committee said O’Connor is welcome to object to individual questions during his testimony. But O’Connor is not allowed, in the committee’s view, to delay or decline a congressional subpoena due to concerns over questions about potentially privileged information.

The debate over O’Connor’s testimony comes weeks after a former top aide to Biden, Neera Tanden, told the Oversight Committee that she was authorized to direct autopen signatures but was unaware of who in the president’s inner circle was giving her final clearance.

During Tanden’s interview before Congress last month, which lasted more than five hours, she told lawmakers that, in her role as staff secretary and senior advisor to the former president between 2021 and 2023, she was authorized to direct autopen signatures on behalf of Biden, an Oversight Committee official told Fox News.

‘Ms. Tanden testified that she had minimal interaction with President Biden, despite wielding tremendous authority,’ Comer said at the time. ‘She explained that to obtain approval for autopen signatures, she would send decision memos to members of the President’s inner circle and had no visibility of what occurred between sending the memo and receiving it back with approval. Her testimony raises serious questions about who was really calling the shots in the Biden White House amid the President’s obvious decline. We will continue to pursue the truth for the American people.’

Fox News’ Kelly Phares and Madeleine Rivera and the Associated Press contributed to this report.

This post appeared first on FOX NEWS

First lady Jill Biden’s political rise coincided with the end of her husband’s political career, according to a new book about how President Joe Biden lost the White House. 

One year after Biden’s consequential debate performance, the first octogenarian president’s age has inspired congressional investigations and books detailing his alleged cognitive decline. 

‘2024: How Trump Retook the White House and the Democrats Lost America,’ is the latest to tackle the inner workings of the Biden administration. 

The book, released Tuesday by journalists Josh Dawsey of The Wall Street Journal, Tyler Pager of The New York Times and Isaac Arnsdor of The Washington Post, details the influential role Jill Biden played in her husband’s administration.

As Jill Biden gained political influence, so did Anthony Bernal, the first lady’s chief of staff and senior advisor and an assistant to the president. 

He was subpoenaed to testify on July 16 after refusing to appear before the committee investigating the alleged cover-up of Biden’s mental decline, which argued that executive privilege did not apply to him.

According to the book, Bernal accused Anita Dunn, a veteran Democratic political strategist who served in the Biden and Obama administrations, of being disloyal for pushing for more transparency about the Biden family. 

There was a ‘near-total ban’ on discussing Hunter Biden, the journalists wrote in their new book, as Hunter’s federal trial fell in the middle of his father’s re-election campaign in June 2024. 

Jill Biden, with Bernal by her side, went to great lengths to attend Hunter Biden’s federal trial, often traveling long distances from overseas trips or campaign events. 

She attended the first three days of the trial, flew to France to join the president at the D-Day commemoration and then returned to Wilmington less than 24 hours later for the fifth day of the trial. 

As described in ‘2024,’ West Wing staffers were surprised when Jill Biden arrived at the trial. Most senior aides had no idea the first lady planned to attend, revealing her willingness to act independently. 

But while Jill Biden demonstrated her independence from the White House, Bernal was right there with her leading the East Wing. 

‘He quickly bonded with Jill Biden and never left her side, becoming unflinchingly loyal to her and using his proximity to her to exert power wherever he decided. It was often unclear if the opinion he was expressing was his own or the first lady’s. Sometimes, when donors or voters asked her questions, Bernal would jump in to answer,’ the authors said. 

Just as Jill jumped to Hunter’s defense during his high-profile trial, she became the president’s staunchest supporter following his disastrous debate performance against President Donald Trump.

‘Joe isn’t just the right person for the job,’ the first lady said at a fundraiser soon after the debate. ‘He’s the only person for the job.’ 

The book alleges that Jill Biden had always played the ‘role of the protective spouse, encouraging the president to eat vegetables, keeping him on time, and questioning staffers when she felt they erred.’

In one such case in January 2022, a Biden aide apologized to the first lady when she questioned why they allowed a press conference to go on for too long, according to the book. 

As Biden struggled to successfully defend his debate performance, with donors and Democratic politicians growing weary, and ‘her husband in the fight of his political life, Jill was making clear: The Democratic Party had to stick with Joe,’ the authors said. 

After the debate, the Bidens took a pre-planned family trip to Camp David.

‘The president was not entertaining the idea of dropping out of the race; he was taking stock of how bad things really were,’ the authors said of Biden’s trip to Camp David. 

The authors described how dropping out ‘was not even a consideration’ at Camp David, and how the first lady was part of those in the inner family circle who persuaded Biden to stay in the race, despite mounting pressure from party leaders and donors to step down. 

Biden huddled with his family in Camp David during the last few days of June, then appeared for debate damage-control interviews on network TV in the weeks following, referring to the debate as a bad night and blaming a cold for his off-night.

‘Biden also acknowledged he needed more sleep and said he told his staff that he should not participate in events that start after 8 p.m. But his message was clear: He was staying in the race,’ the authors said. 

Less than a month after the debate, and one week after an assassination attempt on Trump, Biden announced he was suspending his re-election campaign, and later endorsed Vice President Kamala Harris as the Democratic nominee. 

Fox News Digital has written extensively dating back to the 2020 presidential campaign about Biden’s cognitive decline and his inner circle’s alleged role in covering it up.

A Biden spokesperson did not immediately respond to Fox News Digital’s request for comment. 

This post appeared first on FOX NEWS

Asara Resources (ASX:AS1,FSE:ALM) is leading the next West African gold rush from a strategic position in Guinea’s underexplored Siguiri Basin—an emerging gold district with over 30 million ounces of historical and current gold production.

Asara Resources’ flagship Kada Kold project hosts a 923,000-ounce, oxide-dominant gold resource just 35 km south of AngloGold Ashanti’s 6.2 Moz Siguiri mine. The company is systematically advancing development using the proven “string-of-pits” model that has driven success across West Africa, guided by a seasoned team behind the Kiniero Project, now a cornerstone asset for Robex (TSX:RBX).

Asara’s near-term strategy focuses on three key priorities: accelerating resource growth with 33,600 metres of RC and diamond drilling planned for 2025; advancing a low-CAPEX, oxide-first development approach that capitalizes on free-dig saprolite, strong gold recoveries, and a conventional CIL flowsheet; and preserving upside exposure to copper and silver-zinc through its Loreto joint venture with Teck and the optional Paguanta asset in Chile.

Company Highlights

  • Flagship Kada gold project – 923,000 oz gold and counting: 30.3 Mt @ 0.95 g/t gold with 59 percent oxide-transition ounces that show over 90 percent CIL recoveries and <3.5:1 strip ratio; resource remains open in every direction along a 15 km corridor.
  • Aggressive growth runway: Three contiguous licence applications (Talico, Banan and Syli) would lift the land package to 348 sq km and extend strike control to 35 km, only ~6 percent of which is drilled.
  • Experienced team who took the Kiniero project from an exploration resource to construction: Senior executives previously turned Robex’s Kiniero from 1 Moz to ~3.5 Moz and into a C$750 million market cap company, bringing an identical on-ground team, in-country relationships and proven workflows to Asara.
  • Strategic Land Package: Kada is in the heart of the prolific Siguiri Basin (>30 Moz gold endowment), just 35 km south of AngloGold Ashanti’s Siguiri Mine.
  • Strong Institutional Support: Top 20 shareholders control 70+ percent of the company.

This Asara Resources profile is part of a paid investor education campaign.*

Click here to connect with Asara Resources (ASX:AS1) to receive an Investor Presentation

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (July 4) as of 12:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) is priced at US$108,948, down by 1.6 percent in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$107,741 and a high of US$109,997.

Bitcoin price performance, July 4, 2025.

Chart via TradingView.

Bitcoin’s rally to US$108,000 followed strong US labor data that boosted risk appetite early on, alongside continued inflows into Bitcoin spot ETFs (nearly US$50 billion), which helped anchor prices despite broader equity market pullbacks.

Market watchers also noted heightened volatility following the reactivation of two long-dormant Bitcoin wallets containing roughly 20,000 BTC (worth over US$2 billion), raising questions about potential future dumping.

Ethereum (ETH) is priced at US$2,549.85, down by 2.7 percent over the past 24 hours. Its lowest valuation on Wednesday was US$2,502.39 and its highest was US$2,600.55.

Altcoin price update

  • Solana (SOL) was priced at US$150.30, up by 5 percent over 24 hours. Its highest valuation as of Friday was US$153.26, and its lowest was US$146.61.
  • XRP was trading for US$2.24, down by 1.4 percent in 24 hours. The cryptocurrency’s lowest valuation was US$2.21 and its highest was US$2.28.
  • Sui (SUI) is trading at US$2.92, showing a decrease of 3.6 percent over the past 24 hours. Its lowest valuation was US$2.87 and its highest was US$3.07.
  • Cardano (ADA) is priced at US$0.5817, down by 3.1 percent in the last 24 hours. Its lowest valuation as of Wednesday was US$0.5715 and its highest was US$0.6028.

Today’s crypto news to know

Trump’s Big Beautiful Bill passes Congress, sending cryptos higher

US President Donald Trump’s flagship Big Beautiful Bill, featuring sweeping tax cuts, narrowly passed the House of Representatives on July 3 with a 218 to 214 vote and now awaits his signature.

Elon Musk criticized the bill for potentially inflating the deficit by trillions, while Trump suggested Musk’s criticism stemmed from policy clashes on EV incentives.

Coinbase Global (NASDAQ:COIN) CEO Brian Armstrong also raised concerns that a ballooning debt could paradoxically fuel Bitcoin’s status as a reserve asset.

Bitcoin traded near US$109,886 after the news, with other leading coins including Ethereum and Solana also posting gains. The total crypto market cap climbed to US$3.39 trillion following the vote.

Bitcoin power shift as whales sell 500,000 BTC to institutions

A major redistribution of Bitcoin is underway as long-time holders of large amounts of Bitcoin have sold off around 500,000 Bitcoin over the past year, worth more than US$50 billion at current prices.

According to a Bloomberg report, these sales are being absorbed almost equally by institutional buyers, including spot ETFs and corporate treasuries. That pattern is turning Bitcoin from a high-volatility speculative bet into a steadier institutional portfolio allocation. Despite consistent positive news for crypto in recent months, the asset has struggled to break through resistance around US$110,000, showing a consolidation phase.

Some of the whales cashing out are early holders dating back to Bitcoin’s earliest cycles, Bloomberg reports, who are swapping Bitcoin for stock-linked deals instead of simply liquidating.

Russian giant Rostec to issue ruble-backed stablecoin

State-owned Russian conglomerate Rostec is moving to launch a ruble-pegged stablecoin called RUBx and a payments network named RT-Pay before year-end, according to Russian state media.

The stablecoin will be anchored one-to-one with ruble deposits held in treasury accounts, and its code will be independently audited by CertiK. RT-Pay will integrate directly with Russia’s banking system, aiming for instant settlement and smart contract functionality even outside business hours.

Rostec says its platform will follow Russia’s anti-money-laundering and terrorism-financing requirements, in line with the Bank of Russia’s rules.

The stablecoin will run on the Tron blockchain, with its smart contract code to be published on GitHub.

Coinbase’s Base sees US$4 billion in outflows, Ethereum gains US$8.5 billion

Coinbase’s Layer 2 network Base has lost significant traction this year, registering US$4.3 billion in net outflows through cross-chain bridges, data shows.

This downturn is a sharp reversal from the US$3.8 billion of inflows Base attracted in 2024, when it led the sector in bridge activity. Meanwhile, Ethereum has staged a comeback, seeing US$8.5 billion in inflows compared to net outflows last year.

The slowdown in stablecoin supply growth on Base, now holding steady above US$4 billion since May, points to a maturing user base and declining trading volumes.

Bridges are key pieces of crypto infrastructure that allow assets to move between chains, supporting interoperability.

Nano Labs starts US$1 billion BNB buying plan with US$50 million purchase

Hong Kong-based chipmaker Nano Labs (NASDAQ:NA) has made its first major move in an ambitious plan to hold up to 10 percent of Binance Coin (BNB) in circulation, snapping up US$50 million of BNB this week.

The company disclosed buying around 74,315 BNB at an average price of US$672, funded partly by convertible notes.

Nano Labs ultimately plans to allocate US$1 billion to BNB holdings, signaling a vote of confidence in Binance’s ecosystem. However, its shares fell nearly 5 percent on Thursday and lost another 2 percent after hours, reflecting investor worries about its exposure to volatile crypto reserves.

Nano Labs’ reserves, including Bitcoin, now stand around US$160 million in total.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

The year’s second quarter was a defining period for digital assets.

The industry converged at events like Consensus, held in May in Toronto, where discussions heavily focused on critical themes like regulatory clarity and real-world asset (RWA) tokenization.

Stablecoins, with their promise of enhanced cross-border payment efficiency, were heavily covered, especially regarding the growing interest and innovation in yield-generating products.

Legislative initiatives, policy shifts and infrastructure developments have moved at a dizzying pace, and the ongoing integration of traditional finance with decentralized technologies has driven credibility and institutional engagement.

Looking ahead, continued adoption of digital assets is slated to reshape the global financial landscape fundamentally.

Q2 review: Market maturation, institutional integration and regulatory milestones

Q2 highlighted a maturing market that can absorb shocks while maintaining focus on long-term growth.

While scrutiny of officials’ crypto dealings, including those of US President Donald Trump and his family, kept headlines lively, the broader trend was one of increased credibility.

Early in the quarter, trade tensions between the US and China, combined with ongoing concerns that tariffs will lead to an economic fallout, dampened investor sentiment and weighed on risk assets.

However, investor confidence in Bitcoin was evident in its resilience. After a slide to around US$76,000 at the start of April, it reached the US$90,000s mid-month, before hitting a new all-time high of US$111,000 on May 22.

Institutional accumulation and clearer regulatory signals backed this sentiment, exemplified by the US Securities and Exchange Commission’s (SEC) approval of rule changes allowing Ether exchange-traded fund (ETF) options.

The SEC also updated its guidance on crypto company disclosures, while US President Donald Trump signed a resolution repealing the IRS’s DeFi broker rule. Closing off the quarter, the Federal Housing Finance Agency directed mortgage backers Fannie Mae and Freddie Mac on June 25 to propose single-family mortgage loan risk assessments that consider cryptocurrency on US-regulated exchanges as reserve assets.

These policy shifts were accompanied by surging investor interest in tokenized assets, including tokenized gold — with PAXG and XAUt hitting US$1.54 billion in market cap — and RWA products, particularly within real estate. Momentum was further extended into stablecoin yield products and new ETF filings.

A US$300 million large-scale infrastructure deal between global financial group Macquarie (ASX:MQG) and Bitfarms (TSX:BITF,NASDAQ:BITF) for a high-performance computing center exemplified the growing confidence among fintechs in the long-term viability of digital assets. This growing confidence was further underscored by Robinhood’s (NASDAQ:HOOD) expansion of its crypto footprint, notably with the early June acquisition of Bitstamp.

Combined, these events demonstrated growing market confidence in crypto’s future.

Meanwhile, Ripple’s acquisition of global prime broker Hidden Road signaled a new phase in TradFi-DeFi integration, accompanied by the Fed’s easing of restrictions on banks’ crypto exposure.

The Office of the Comptroller of the Currency’s clarification allowing banks to trade and outsource crypto operations signaled that US regulators increasingly view crypto infrastructure as critical to modern financial services.

Reports of Circle (NYSE:CRCL), BitGo, Coinbase Global (NASDAQ:COIN) and Paxos exploring bank charters further underscored the convergence of TradFi and DeFi, as did Coinbase’s US$100 million credit facility to Riot Platforms (NASDAQ:RIOT); this type of structured financing is typically reserved for banks.

Further solidifying this trend, Stripe finalized a deal to acquire Privy, bringing crypto wallet infrastructure in-house and underscoring how fintech leaders are embedding digital asset rails into their core platforms.

Coinbase also acquired derivatives marketplace Deribit, a US$2.9 billion investment, part of a broader move to dominate digital asset infrastructure and market access. In the retail space, investor exposure widened through Galaxy Digital (NASDAQ:GLXY) and Circle’s Wall Street debut.

Policy also evolved. The GENIUS Act, a legislative companion to the STABLE Act, advanced in the Senate, proposing guardrails for stablecoins while carving out flexibility for banks to issue tokenized deposits, while crypto reserve legislation advanced in New Hampshire, Texas and Arizona.

Still, operational risks remained. A US$223 million exploit hit the Cetus protocol, and Coinbase suffered a US$20 million ransomware attack, reminders that digital assets remain a high-stakes environment.

Bitcoin price performance, Q2 2025. 

Chart courtesy of CoinGecko.

Q3 outlook: Regulatory progress, tokenization growth and market expansion

Further regulatory clarity is expected in Q3, clearing the way to enable more use cases and a deeper integration between DeFi and TradFi. House Republicans are prioritizing the swift enactment of comprehensive stablecoin legislation, aiming to unify the Senate’s GENIUS Act and the House’s STABLE Act.

Meanwhile, the CLARITY Act, which has a broader focus on establishing a general market structure for all digital assets, is positioned for a vote in the House of Representatives after clearing two committees.

Regulators on the SEC’s Crypto Task Force are considering a conditional exemptive order to allow crypto firms to bypass certain broker-dealer, clearing agency and exchange registration requirements. The nuances of regulated staking activities are still being worked out, especially regarding how they apply to specific products like ETFs.

On the retail front, tokenization momentum shows no sign of slowing. A discussion group on RWAs at Consensus agreed that the resurgence of tokenization is largely driven by the utility and functionality it provides to assets.

Beyond efficiency, Carlos Domingo, co-founder and CEO of Securitize, added that tokenization brings assets with intrinsic, real-world value onto the blockchain, allowing new financial applications and broader access to those holdings.

“Now we’re seeing more large-scale production,” he explained.

“We’re seeing (things) like precious minerals coming up, and we’re seeing commodities and other equities, a lot of startups that want to tokenize and use platforms like ours to tokenize their cap tables.”

At Consensus, Arthur Breitman, co-founder of Tezos, explained that his platform, uranium.io, enables the trading of physical uranium using a token, xU3O8, which allows for fractional ownership of a commodity that trades over-the-counter for roughly US$4 million. “Typically, uranium will look at pounds, but you can buy a fraction of a token. So really, you can buy a few cents of xU308,” he told the audience during his presentation.

Additionally, crypto infrastructure development by major fintechs and traditional finance entities, coupled with new public market entrants, could broaden investment opportunities.

For Q3, investors will be monitoring key publicly traded players such as Robinhood, fresh off its Bitstamp acquisition, as well as new Wall Street newcomers Circle and Galaxy Digital.

In the mining and compute infrastructure sector, CoreWeave (NASDAQ:CRWV) is in advanced talks to acquire Core Scientific (NASDAQ:CORZ), marking a move to merge compute-intensive infrastructure with mining operations, driven by crossover demand from AI and crypto sectors.

Beyond dedicated crypto firms, Strategy (NASDAQ:MSTR) and Japan’s Metaplanet (TSE:3350,OTCQX:MTPLF) added substantially to their crypto holdings in Q2, with no signs of slowing down.

For Bitcoin, price projections for Q3 range between a new resistance level around US$120,000 and support at US$75,000. ARK Invest increased its Bitcoin price forecast for 2030 from US$1.5 million to US$2.4 million in Q2, citing growing institutional interest and Bitcoin’s expanding role as “digital gold.’

These developments suggest Q3 will may continue building on the credibility and utility that defined Q2. With regulation advancing, institutional rails expanding and tokenization gaining real-world traction, digital assets are increasingly seen not as a parallel world to the world of finance, but as the next evolution of it.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Erin Patterson, the Australian woman accused of killing three relatives with a meal of death cap mushrooms baked in a Beef Wellington lunch, has been found guilty of three counts of murder and the attempted murder of the lone survivor.

A 12-member jury reached the verdict after around six days of deliberation following a 10-week trial in Morwell, a tiny town about an hour’s drive from the suburban dining room in Leongatha, Victoria, where the lethal lunch was served in July 2023.

Patterson’s former parents-in-law, Don and Gail Patterson, died along with Gail’s sister Heather Wilkinson. Heather’s husband Ian, their local pastor, survived after a weekslong stay in hospital.

Prosecutors alleged that Patterson deliberately laced the lunch with death cap mushrooms, highly toxic fungi that she picked after seeing their location posted on a public website.

Her defense lawyers argued the deaths were a “terrible accident” and that Patterson repeatedly lied to police out of panic when she realized she may have added foraged mushrooms to the meal.

Under Australian law, none of the jurors can be publicly identified, and they’re prohibited from disclosing jury room deliberations even after the trial ends.

It will never be known which pieces of evidence influenced each juror’s decision, but all 12 were required to agree on the verdict.

The trial has captivated audiences worldwide via news reports and four podcasts dedicated to unpacking each day’s evidence.

Patterson sat in court, listening as prosecutors called witness after witness, whose testimony, they alleged, told a compelling story of a triple murder that the jury found satisfied the legal standard of beyond reasonable doubt.

The fateful lunch

The agreed facts were that Patterson asked five people to lunch on July 29, 2023, including her estranged husband Simon Patterson, who pulled out the day before.

Within hours of the meal, the four lunch guests – Simon’s parents Don and Gail, and his aunt and uncle, Heather and Ian Wilkinson – became ill with vomiting and diarrhea. They went to hospital where they were placed in induced comas as doctors tried to save them.

Gail and Heather died on August 4 from multiorgan failure, followed by Don on August 5, after he failed to respond to a liver transplant. Ian Wilkinson survived and was finally discharged from hospital in late September, after almost two months of intensive treatment.

Death cap mushrooms contain amanita toxins that prevent the production of proteins in liver cells, leading to cell death and possible liver failure from about two days after ingestion.

Native to Europe, the lethal mushrooms have been found growing in several Australian states, and around the time of the lunch, they had been seen within a short drive of Patterson’s home in rural Victoria.

In finding Patterson guilty, jury members indicated they were convinced beyond reasonable doubt that she planned to kill all four guests by hiding death cap mushrooms in the lunch.

During the trial, the prosecution argued that Patterson had the opportunity to pick lethal mushrooms after seeing their location posted on the citizen science iNaturalist website.

The guilty verdict suggests the jury accepted the prosecution’s argument that she likely traveled to two sites in April and May 2023, and deliberately picked the mushrooms used in the meal.

Patterson admitted that on April 28 – the same day as cellphone signals put her in the vicinity of death cap mushrooms – she bought a dehydrator that she later dumped at a waste recycling center on August 2.

It had her fingerprints on it and contained remnants of death cap mushrooms.

The prosecution alleged that Patterson faked illness in the days after serving the lunch and tried to cover her tracks by disposing of the dehydrator and factory resetting her devices to delete evidence.

The prosecution did not have to prove motive.

Prosecutor Nanette Rogers SC accused Patterson of having two faces: One she showed the world that suggested she had a good relationship with the Pattersons, the parents of her estranged husband, and a hidden face she showed only her Facebook friends that suggested she wanted to cut ties with them.

In Facebook messages sent in December 2022, Patterson had expressed anger and frustration over Don and Gail’s reluctance to get involved in their son’s marriage breakdown.

“I’m sick of this shit I want nothing to do with them,” she wrote. “I thought his parents would want him to do the right thing but it seems their concern about not wanting to feel uncomfortable and not wanting to get involved in their son’s personal matters are overriding that so f*** em.”

And another message read: “This family I swear to f***ing god.”

During eight days of testimony including cross-examination, Patterson consistently pleaded her innocence, claiming she inadvertently added foraged mushrooms to the meal.

In his directions to the jury, Justice Christopher Beale said that Patterson’s admission that she told lies and disposed of evidence must not cause them to be prejudiced against her.

“This is a court of law, not a court of morals,” he said.

“The issue is not whether she is in some sense responsible for the tragic consequences of the lunch, but whether the prosecution has proved beyond a reasonable doubt that she is criminally responsible for those consequences,” he said.

The jury found that Patterson had intended to kill all four lunch guests and lied repeatedly on the stand to claim she didn’t.

Patterson will be sentenced at a later date.

This is a developing story. More to come

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