Malaysia Loses $1.1 Billion to Crypto Mining Electricity Theft

Malaysia’s Tenaga Nasional reports $1.1 billion in losses from illegal crypto mining operations that bypassed electricity meters across nearly 14,000 premises, prompting coordinated enforcement crackdowns and AI-powered detection systems.
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Deutsche Börse Brings MiCA-Ready Stablecoins On-chain With SG-FORGE

Deutsche Börse has entered a partnership with Societe Generale and SG-FORGE to integrate EUR and USD CoinVertible stablecoins into its post-trade and digital platforms, supporting MiCA-aligned settlement, collateral and liquidity processes and preparing market infrastructure for CBDC pilots.
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Tether Dives Into Bitcoin-Backed Lending as Market Soars Past $1B in Loans

Tether has invested in Ledn as bitcoin-backed lending has accelerated, with $2.8B in loans and over $1B issued in 2025, while revenue above $100M and tighter risk controls point to a cautious crypto credit market as regulators add stricter lending rules.
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Brazil Plans Crypto Tax Crackdown on Cross-Border Payments to Close Loophole: Report

Brazil has considered extending its IOF tax to crypto foreign-exchange operations after stablecoins have been reclassified as FX instruments, as authorities have sought to close a regulatory gap in a fast-growing market while public finances have faced renewed strain.
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Analysts Warn Saylor’s BTC Strategy is “Hurting Bitcoin Price Action” as His Portfolio Turns Red

Analyst scrutiny of Michael Saylor’s leveraged Bitcoin strategy has grown as DAT structures, ETF and treasury holdings, and quiet buying on “red days” have raised concern over MicroStrategy’s risk profile, pressure on BTC price action and tension with Bitcoin’s cypherpunk, sovereign-money vision.
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