Russian Foreign Ministry Ambassador-at-Large Rodion Miroshnik stated that the United States participates in resolving the Ukraine conflict solely to advance its own interests, including reaffirming its dominance and influence. He criticized the US approach as "TikTok style" for its short-term, profit-driven engagement in conflicts.
Hundreds of thousands of U.S. student loan borrowers are receiving $23 billion in debt forgiveness through a class-action settlement with the Department of Education. This relief follows claims that schools misled students and the Trump administration delayed Borrower Defense applications.
Former Congressman George Santos has agreed to a $35,000 settlement with the federal Commodity Futures Trading Commission (CFTC) over suspicious trades on the prediction marketplace Kalshi. He will forfeit over $17,000, pay a $17,500 fine, and face a three-year trading ban, while denying any wrongdoing.
The Bank for International Settlements (BIS) announced Project Agorá successfully completed real-value testing of tokenized wholesale cross-border payments. The trials involved 28 financial institutions and central banks, settling 800,000 Swiss francs across 17 scenarios with an average settlement time of 80 seconds.
A Bank of Italy study on 200 USDC remittances across 10 corridors found stablecoins did not offer a systematic cost or speed advantage over traditional payments, primarily due to fiat on/off-ramp frictions. While often cheaper than the global average, they were less competitive than services like Wise in most comparable corridors, highlighting the importance of payment infrastructure and regulatory design.
Manchester City opposes the Premier League's proposed £1.5bn, 10-year financial settlement to the English Football League, citing concerns over funding, particularly a planned increase in transfer fee levies from 4% to 6%.
Johnson & Johnson agrees to pay up to $5.5 billion to settle nearly 76,000 lawsuits alleging its talc products caused ovarian cancer, ending a decade-long legal battle.
Tether and Nairobi Securities Exchange explore tokenized securities, blockchain infrastructure, and USDT as a settlement layer in a new MoU, amidst growing tokenized real-world assets sector.
Ukrainian forces attacked 10 DPR settlements in 24 hours, killing 1 civilian, injuring 4, and damaging vehicles, per DPR's war crimes documentation department.
Eligible Amazon Prime subscribers in the U.S. must file a claim by the approaching deadline to receive a portion of a $2.5 billion settlement over allegations of unintentional enrollments and difficult cancellations.
Transnistrian authorities have accused Moldova's Deputy Prime Minister for Reintegration, Valeriu Chiveri, of sabotaging conflict resolution negotiations by refusing to meet at neutral OSCE venues. The unrecognized republic's Foreign Ministry called for an immediate return to talks, which have been frozen since 2019 on the 5+2 platform.
China and Asean foreign ministers released a joint statement in Manila, addressing the ongoing energy crisis and the Middle East conflict, calling for a ceasefire and peaceful resolution, and welcoming US-Iran negotiations.
The Christian Brothers initially declared insolvency, threatening to leave child abuse survivors shortchanged after transferring properties worth hundreds of millions to Edmund Rice Education Australia for $1 each. Following sustained pressure, EREA agreed to take over claims, ensuring full compensation for survivors.
Russian Foreign Minister Sergey Lavrov, speaking in Kyrgyzstan, attributed the failure of US proposals for a Ukrainian settlement to Kiev's "arrogant" rejection, largely due to ongoing US military aid. He reaffirmed Russia's commitment to its objectives, emphasizing the need to identify true responsibility for the outcome.
The Bank of the Philippine Islands (BPI) plans to pilot a stablecoin-based settlement system for cross-border payments to freelancers and overseas workers, developed with Meridian. This initiative aims to reduce costs and processing times for inbound funds, converting stablecoins to pesos before crediting BPI accounts.
Russian Foreign Minister Sergey Lavrov stated Russia prefers a political and diplomatic settlement but acknowledged that the US and Ukraine have rejected the Anchorage agreements, implying Russia will achieve its goals regardless.
A South Korean appellate court ordered SK Group Chairman Chey Tae-won to pay 944 billion won (US$644 million) in property division to his former wife, Roh Soh-yeong, in a high-profile divorce case, following a Supreme Court remand for review.
The EU faces a credibility test over its commitment to a two-state solution in Palestine as Israel's illegal settlements expand, with the EU's response being deemed insufficient despite recent sanctions.
Maxone Semiconductor Suzhou's president, Zhou Ming, transferred 6 billion yuan worth of company shares to his ex-wife as part of a divorce settlement, causing concern among retail investors about corporate governance and potential share price volatility for the A-share market company.
The SEC will pay $150,000 in legal fees and review its record-keeping practices as part of a July 22 settlement, ending a public-records lawsuit backed by Coinbase. The case, filed by History Associates, focused on transparency and the preservation of federal records, including text messages.
Cryptocurrency exchange Gemini sent $10 million in Bitcoin to the MAGA Inc. Super PAC supporting Donald Trump, weeks after the CFTC filed a motion to reverse a $5 million settlement with Gemini. This donation follows other contributions by the Winklevoss brothers to Trump's campaign.
Top US and Russian diplomats, Marco Rubio and Sergey Lavrov, discussed the Ukraine war on the sidelines of an ASEAN meeting in Manila, Philippines. Lavrov reiterated Russia's readiness for a political settlement and condemned Western arms supplies, while Rubio affirmed the US's willingness to play a constructive role in ending the conflict.
A Florida teen, RKC, dropped his lawsuit against Meta alleging its platforms caused his depression and anxiety, days before trial. This follows settlements with YouTube, TikTok, and Snap, and other recent verdicts against social media companies for addictive products.
Kakao Group, including Kakao Pay and Kakao Bank, signed an MOU with Circle Internet Group to explore won-backed stablecoin payments and cross-border remittances in South Korea, anticipating upcoming crypto regulations.
