A Beijing court has sentenced seven people over a crypto laundering case involving $20 million in stolen funds, raising fresh questions about how China might tighten its stance on digital assets. According to local reports, at the center of the…

China busts $20m BTC laundering ring, will crypto stance worsen?

PayPal Holdings Inc. has rolled out a way for US merchants to accept crypto 
payments. The company set a flat fee of 0.99% per transaction. That’s a hefty 
cut compared with the near 2.99% merchants often pay on cross‑border credit 
card sales. Related Reading: Bitcoin’s New Clock: How Wall Street Killed The 
Old Cycle, According To Expert According to PayPal, businesses can save up to 
90% on transaction costs when buyers pay with digital coins. Flat Fees For 
Crypto Payments Based on reports, every sale automatically converts crypto 
into fiat or stablecoins when the merchant chooses. Companies can pick from 
more than 100 tokens. Bitcoin and Ethereum lead the list. Other picks include 
USDT, XRP, BNB, Solana and PayPal’s own PYUSD. That stablecoin is backed by US 
dollar deposits, short‑term Treasuries and cash equivalents. Merchants who 
stick with PYUSD earn 4% rewards on balances held in their PayPal account. 
🚨BREAKING: PayPal will allow U.S. merchants to accept over 100 
cryptocurrencies with a 0.99% transaction fee for the first year, increasing 
to 1.5%. #CryptoPayments #Fintech — Michael Pace (@mjpgroup) July 28, 2025 
Wide Range Of Wallets And Coins PayPal also tied this service into wallets 
beyond its own. Coinbase, MetaMask, OKX, Binance, Kraken, Phantom and Exodus 
all plug in. That opens the door to some 650 million crypto users around the 
globe. PayPal says it’s tapping into a $3 trillion market that has grown fast 
over the past decade. Smaller businesses in particular could find it easy to 
add crypto as a payment option without heavy engineering work. A Nod To Global 
Ambitions The launch follows PayPal’s introduction of PayPal World, a platform 
that links five digital wallets worldwide. PayPal then struck a deal with 
Fiserv to spread stablecoin use further abroad. Together, those moves hint at 
an effort to build plumbing for fast, low‑cost money transfers everywhere. 
Merchants in the US won’t see surprises at checkout. That 0.99% fee covers 
network charges and conversion work. By comparison, traditional cross‑border 
credit card sales often carry fees that climb past 3%. It’s easy math for 
sellers: a $1,000 sale in crypto costs $9.90 instead of about $30. That margin 
could be the difference between profit and loss. Related Reading: Memecoins, 
NFTs Get Called Out By Their Own Architect: ‘Zero Intrinsic Value’ Regulatory 
Approval Still Pending According to PayPal, the rollout will begin in the US 
“in the coming weeks.” One catch: New York merchants must wait on permission 
from the New York State Department of Financial Services. PayPal says it 
hasn’t secured that approval yet. It’s possible the company’s plans for 
stablecoins and on‑ramps will attract extra scrutiny from regulators in other 
key markets too. Featured image from Getty Images, chart from TradingView

BREAKING – PayPal Unleashes Crypto Carnival: 100+ Coins Now Accepted By US Merchants

NFT marketplace SuperRare suffered an exploit due to a critical bug in its 
staking contract.

SuperRare NFT platform loses $730K in RARE token exploit

The ECB may rely on regulated euro stablecoins and private innovation to 
counter the dominance of US dollar stablecoins, says adviser Jürgen Schaaf.

ECB adviser doubts digital euro can match US dollar stablecoins

U.S. stocks rose slightly as investors looked to ride upbeat sentiment pegged 
to a United States and European Union trade agreement. While the Dow Jones 
Industrial Average hovered 30 points down, the benchmark index S&amp;P 500 added 
0.13% to begin…

S&P 500, Nasdaq edge higher amid U.S.-EU trade deal

Space and Time token price lost momentum in the past few days as its volume 
and futures open interest stalls. Space and Time (SXT) price was trading at 
$0.096 on Monday, July 28, down by 25% from the highest point…