Odaily Planet Daily reports that Robert Samuels, Vice President of Investor Relations at MARA, stated in an article on the X platform that claims the company has changed its Bitcoin strategy and will sell most of its Bitcoin reserves are inaccurate. He pointed out that MARA disclosed in its 2026 10-K filing with the U.S. Securities and Exchange Commission that it would expand its Bitcoin strategy to allow the sale of Bitcoin held on its balance sheet under certain circumstances. Samuels stated that this move is intended for ad-hoc buying and selling arrangements based on market conditions and capital allocation needs, and is not a plan to liquidate most of its Bitcoin reserves, emphasizing the fundamental difference between the two. Previous news: MARA revised its 2026 asset management strategy, allowing it to sell Bitcoin held on its balance sheet.

Odaily Planet Daily reports that ARQ, a Latin American financial app focused on stablecoins, has raised $70 million in funding, with Sequoia Capital and Founders Fund participating. The company stated that the funds will be used for rebranding, hiring, and expanding into new business areas such as wealth management, local currency high-yield accounts, and lending. Formerly known as DolarApp, ARQ offers multi-currency accounts, digital wallets, foreign exchange, and debit card services, supporting cross-border fund storage and transfers. It currently has over 2 million users in Latin America, with annualized transaction volume exceeding $10 billion. (Bloomberg)

Odaily Planet Daily reports that Visa has announced an expanded partnership with Stripe's stablecoin infrastructure platform, Bridge, to advance its global card issuance product rollout. Launching in 2025, Bridge will allow businesses and fintech developers to issue stablecoin-backed Visa cards. Through Bridge's partnership with LeadBank, transactions using these cards can be settled on-chain via Visa. Currently, stablecoin-linked cards supporting Bridge are available in 18 countries and regions, with plans to expand to over 100 countries and regions across Europe, Asia Pacific, Africa, and the Middle East by the end of the year. (Businesswire)

According to Odaily, Paraguay's national electricity company ANDE has signed a memorandum of understanding with crypto infrastructure company Morphware to launch the country's first government-led Bitcoin mining pilot project using Bitcoin mining machines seized by law enforcement. The first phase will deploy approximately 1,500 confiscated mining machines and utilize surplus local hydropower resources for compliant mining. Under the agreement, ANDE will be responsible for ownership and oversight of the mining farms, while Morphware will provide technical and operational support. The government is discussing whether to sell the mined Bitcoin for public spending or hedge risks through financial instruments and hold a portion of the assets. (BitcoinMagazine)

Odaily Planet Daily reports that the Korea Exchange activated its KOSDAQ market algorithmic trading suspension mechanism after the KOSDAQ 150 index futures fell 6%, halting algorithmic trading for 5 minutes. (Jinshi)