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Revolut to delist USDT in August, citing regulatory and risk concerns

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Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.

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Coin Market

South Africa proposes crypto tax guidance under existing framework

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South Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules, seeking public input until Aug. 31.

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Coin Market

Binance outflows triple to $1.2B as ETH withdrawals hit 3-year high

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Binance recorded $1.23 billion in weekly net outflows, up 207% from the previous week, as Ethereum withdrawals surged to a three-year high.

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Vitalik Buterin shares top priorities for new ‘Lean Ethereum’ strawmap

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Part of the Ethereum Foundation’s plan to make Ethereum more private and scalable is to introduce a new virtual machine, with leanISA and RISC-V among the top candidates.

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