[Update July 1, 2:15 pm UTC: The article has been updated to add comments from CACEIS.]Crédit Agricole, Europe's third-largest bank by assets, has launched the EURO eXchange Token (EURXT), a euro-backed stablecoin issued through its asset servicing arm, Crédit Agricole Caisse d'Epargne Investor Ser…
Hyun Song Shin, the governor of the Bank of Korea, praised tokenization for its ability to simplify the issuance and management of government bonds.Shin said during a Wednesday panel discussion at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, that tokenized bonds wou…
Circle CEO Jeremy Allaire argued that USDC's decade-long network of integrations, liquidity and regulatory infrastructure gives it a structural advantage over new stablecoin entrants, while challenging key elements of Open USD's proposed business model.In a Wednesday X post, Allaire described stabl…
A slew of last-minute licenses were issued to cryptocurrency companies in Europe as Wednesday marked the end of the transitional period under the Markets in Crypto-Assets Regulation (MiCA).Four companies were authorized in Italy this week, including asset management platform Hodlie, crypto exchange…
Cryptocurrency markets entered the third quarter of 2026 with less leverage but thinner liquidity after a wave of liquidations cleared speculative positions while major sources of demand weakened during the second quarter.According to a market update from institutional data provider Talos, Bitcoin…
US-listed spot Bitcoin exchange-traded funds (ETFs) posted a record $4.5 billion in net outflows in June, more than three times the $1.25 billion Strategy is authorized to raise through its new Bitcoin monetization program.The record monthly withdrawals pushed US spot Bitcoin ETFs to roughly $5.5 b…
Former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to his role in a crypto investment scheme that prosecutors said raised at least $400 million from investors.On Tuesday, the US Department of Justice (DOJ) said Goliath promised investors monthly returns generated through digit…
Taiwanese lawmakers on Tuesday passed a law to establish a regulatory framework for crypto, which includes licensing and rules for stablecoins.The country’s financial watchdog, the Financial Supervisory Commission (FSC), said that the Legislative Yuan passed the law requiring all virtual asset serv…
Artificial intelligence company Anthropic is set to restore public access to its most powerful AI models, Claude Fable 5 and Mythos 5, weeks after they were pulled offline under a directive from the US government.Anthropic’s two latest models have been restricted from public access since June 12, w…
US President Donald Trump’s cryptocurrency ventures generated more income for him in 2025 than his real estate and resort businesses, according to his latest financial disclosures.Donald Trump’s annual financial disclosure report was released by the US Office of Government Ethics on Tuesday, reveal…
Hollywood director Carl Rinsch has been sentenced to two and a half years in prison for defrauding Netflix out of $11 million, which he spent on crypto, stocks and luxury goods.A Manhattan federal court on Monday sentenced Rinsch, known for directing the 2013 film “47 Ronin,” starring Keanu Reeves…
Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory approval.The law firm representing the investors, KP Law, said Binance’s leverage…
With Bitcoin plunging below $60,000 and Strategy’s share price down by more than 70% from the high, some crypto investors are questioning if Strategy could become this cycle’s Terra/LUNA — a highly leveraged bet on crypto market structure that explodes under stress.The company's response? A new cap…
Bitcoin (BTC) is fast approaching a buying level that analysts describe as a top “investment opportunity.”Key points:BTC price nears a classic bear-market buy-in zoneData from onchain analytics platform CryptoQuant shows that BITSTAMP:BTCUSD is less than 10% away from its aggregate realized price.R…
Prediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over sports betting.In a Tuesday filing in Suffolk County Superior Court, associate justice Peter Krupp allowed state authoritie…
Key takeaways:Ether (ETH) has failed to sustain prices above $1,600 since Thursday, following the broader cryptocurrency market's downtrend. Lower oil prices created a positive tone that fueled investors’ hopes for more expansionist monetary policy. That setup favors stocks and pushes bond yields h…
The US Securities and Exchange Commission (SEC) has requested public comment on exchange-traded funds (ETFs) investing in novel asset classes or using new investment strategies, as the agency reviews how such products should be regulated.The consultation seeks feedback on whether existing rules ade…
More than 140 companies have signed onto a US dollar-pegged stablecoin project that allows them to “receive all of the earnings” from its reserves.In a Tuesday notice, Open Standard said it was launching the Open USD (OUSD) stablecoin, a US dollar-pegged coin supported by financial companies includ…
Nasdaq has selected Pyth, an onchain financial data network, to distribute its proprietary market data to blockchain applications and other software platforms.The partnership initially covers Nasdaq TotalView, the exchange’s depth-of-book data feed, which includes every displayed buy and sell order…
Bitcoin (BTC) fell toward $58,000 around Tuesday’s Wall Street open as the clock ticked down to a brutal quarterly close.Key points:Bitcoin "about to get spicy" amid 40-year dollar/yen highData from TradingView showed downside gaining the upper hand as volatility increased into the US session.BITST…