Brazil Freezes $2B in Crypto-Laundering Crackdown on the PCC Cartel

Brazil Freezes $2B in Crypto-Laundering Crackdown on the PCC Cartel

Brazil's Operation Exchange froze roughly $2 billion tied to a PCC crypto laundering network, two days after US OFAC sanctions hit the same suspects. Read the full article: https://www.spendnode.io/blog/brazil-operation-exchange-2-billion-pcc-crypto-laundering-july-2026/

South Africa's SARS Targets 6 Million Crypto Users With Tax Audits

SARS published draft crypto tax rules on July 1 and plans audits covering up to 6 million South African users. Rates run 18% to 45%. Comments close August 31. Read the full article: https://www.spendnode.io/blog/south-africa-sars-audit-6-million-crypto-users-july-2026/

BIS Pushes Back on the Idea That Digital Cash Needs No Backstop

Reuters' Big View podcast airs the BIS case that stablecoins still need central banks, as crypto purists argue code alone can anchor digital money. Read the full article: https://www.spendnode.io/blog/bis-digital-cash-central-bank-backstop-debate-july-2026/

Ethereum Now Holds 87% of All Stablecoin Supply

Ethereum's share of stablecoin supply has climbed to 87%, per Cointelegraph. One chain now anchors nearly the entire digital dollar market, and that cuts both ways. Read the full article: https://www.spendnode.io/blog/ethereum-87-percent-stablecoin-supply-concentration-july-2026/

Vitalik's 'Lean Ethereum' Roadmap Puts STARKs and Quantum Safety First

Vitalik Buterin outlined a Lean Ethereum roadmap with recursive STARK verification, quantum-resistant signatures, and a 3-4 year rebuild of core protocol layers. Read the full article: https://www.spendnode.io/blog/vitalik-lean-ethereum-roadmap-starks-quantum-resistance-july-2026/