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BitMEX to Shut Down in September
BitMEX will close its crypto derivatives exchange in September and has urged users to withdraw funds as soon as possible. The shutdown follows a strategic review and comes after years of regulatory penalties and legal actions against the company and its founders.
Robinhood Chain racks up $1B DEX volume in debut week
Robinhood Chain has posted more than $1 billion in first-week DEX volume while its TVL soared millions of percent on memecoin momentum; Circle obtained a national trust bank charter and crypto legislation inches forward with a possible Clarity Act draft next week.
Paradigm Closes $1.2 Billion Fund Aimed at Crypto, AI and Robotics Startups
Paradigm has closed a $1.2 billion fund targeting startups in crypto, AI, robotics and other emerging technologies while continuing to center digital assets. The vehicle reflects colliding frontiers in technology and arrives as crypto builders create tools that let AI agents transact with minimal oversight.
Coinbase Obtains UK Approval to Add Equities and Derivatives
Coinbase has secured UK authorization to offer equities and derivatives alongside crypto, enabling perpetual futures for institutional traders and equity trading for retail customers. The move advances the company's Everything Exchange strategy ahead of the UK's full crypto framework in 2027.
UK retail payments plan backs tokenization and digital money interoperability
Regulators in Britain have issued an updated national blueprint for retail payments that urges building infrastructure capable of handling tokenization along with seamless connections to emerging types of digital money. The move advances a diverse multi-money ecosystem and aligns with the FCA's new crypto licensing regime opening in September.
Robinhood Deploys AI-Native Ethereum Layer-2 Focused on Tokenized Stocks
Robinhood activated the mainnet of its AI-native Ethereum layer-2 network featuring tokenized stocks that function as DeFi collateral, while Venice AI closed a $65M round at a $1B valuation to become crypto's newest unicorn. HOOD shares rose more than 8% and Lighter's LIT token gained 15%.
OFAC sanctions 134 ISIS-K crypto wallets as Tether freezes funds
OFAC has sanctioned 134 crypto wallet addresses linked to ISIS-K, including 131 Tron addresses that received over $1.4 million in donations since 2023, prompting Tether to freeze associated funds. The move underscores the increasing reliance on blockchain analytics to enforce financial sanctions against terrorist financing networks.
Robinhood deploys public mainnet on Arbitrum and targets UK crypto trading
Robinhood activated its public mainnet on Arbitrum four months after testnet launch while disclosing plans for UK crypto trading and new DeFi tools. The developments follow a 10 percent workforce cut and a nearly 50 percent drop in crypto revenue.
Visa, Mastercard and Coinbase Launch Open USD Stablecoin
Visa, Mastercard, Coinbase and over 140 businesses launched Open Standard to issue Open USD, a US dollar-tied stablecoin expected later in 2026. The move follows the GENIUS Act signed into law on July 18, 2025, which created a new regulatory framework and aims to expand stablecoin use beyond crypto trading.
SEC Seeks Public Input on Updating Rules for Novel ETFs
The SEC has launched a 60-day comment period to rethink its rules for novel ETFs, including crypto-focused products, questioning whether providers investing in non-securities qualify as investment companies. The move could pave the way for a wider range of assets under an automated approval process that fueled growth from $4 trillion in 2019 to $12 trillion in 2025.
UK Regulator Issues Final Crypto Oversight Framework
The Financial Conduct Authority has released its final crypto rulebook, requiring trading platforms, custodians, stablecoin issuers, and staking providers to obtain authorization before an October 2027 launch. The completed framework applies standards comparable to traditional finance while simplifying some requirements after industry consultation.
EBA proposes up to 12.5% revenue fines for MiCA violations
The European Banking Authority published a consultation paper outlining fines of up to 12.5% of annual revenue for significant token issuers that violate MiCA rules. The framework arrives days before a July 1 licensing deadline that will force many crypto firms to halt EU operations or face exactly the penalties now detailed.
Kraken teams with Maple to bring warehouse financing onchain for institutional crypto loans
Kraken and Maple introduced an onchain warehouse financing facility that routes institutional crypto-backed loans through a bankruptcy-remote SPV with USDC senior debt from Maple. The partnership enables Kraken to scale lending activity without committing further capital from its balance sheet while tokenized credit surpasses $6.2 billion in value.
SBI Takes Full Ownership of Bitbank in $289 Million Transaction
SBI Holdings will gain full control of Bitbank through a $289 million transaction that creates Japan’s largest crypto exchange by assets under custody, targeting 1.1 trillion yen and 2.92 million accounts while expanding its stablecoin, tokenization and blockchain infrastructure.
ESMA Tells Unauthorized Crypto Providers to Leave EU Market
ESMA has ordered unlicensed crypto firms to stop serving EU clients and wind down operations before the MiCA authorization deadline of July 1, 2026. The move ends the transitional period for the EU's unified crypto rulebook and limits services to orderly client exits while maintaining AML obligations.
Ripple wins preliminary CASP approval in Luxembourg under MiCA
Ripple has secured preliminary CASP approval under MiCA from Luxembourg’s regulator, enabling regulated crypto services across the EEA once finalized. The move comes days before the July 1 deadline as crypto firms race for compliance and Europe tests the new framework.
Franklin Templeton Forms Franklin Crypto Division Following 250 Digital Acquisition
Franklin Templeton has closed its acquisition of 250 Digital and established the Franklin Crypto division targeting institutional investors with actively managed cryptocurrency strategies. The step aligns with the asset manager's tokenized holdings reportedly expanding from roughly $768 million to more than $2.5 billion over the past year while the wider onchain RWA sector more than doubled.
Bank of England Abandons Stablecoin Holding Limits, Imposes £40 Billion Issuance Cap
The Bank of England has dropped proposed caps on individual and corporate stablecoin holdings, replacing them with a temporary £40 billion issuance ceiling per systemic stablecoin. The policy adjustment, which also relaxes reserve backing rules to bolster issuer economics, follows industry and parliamentary objections ahead of full U.K. crypto regulations in 2027.
Greek Regulator Expected to Reject Binance MiCA License Application
Reuters reports that Greece’s HCMC is expected to reject Binance’s MiCA application before the June 30 deadline, forcing the exchange to cease EU operations. The decision would cut off the world’s largest crypto platform from EU residents and test the effectiveness of the bloc’s new harmonized licensing regime.
Coinbase Launches Tool for AI Agents to Trade Crypto
Coinbase launched Coinbase for Agents, allowing AI models to connect to user accounts for autonomous trading, payments via x402 protocol, and tasks like recurring buys without manual oversight. The move comes as crypto firms expand AI tools despite a June 10 study showing agent treasuries gained $30 million while token holders lost $191.7 million.
Coinbase Launches Pre-IPO Perpetual Futures on SpaceX
Coinbase launched pre-IPO markets with perpetual futures on SpaceX for non-US users allowing 24/7 trading settled in USDC that automatically transitions post-IPO. The move intensifies competition among crypto platforms to offer synthetic private market exposure as the tokenized RWA sector expands rapidly to $51 billion.
Bitcoin Drops to $65K, Triggers $1.8B Liquidations
Bitcoin fell 8% to a nine-week low of $65,360 triggering $1.83 billion in crypto liquidations with $774.2 million from BTC longs alone. Traders now eye $60,000 as the key support level while exchange supply hits a three-month high signaling added selling pressure.
CFTC Approves First Regulated Bitcoin Perps on Kalshi
The CFTC approved the first regulated bitcoin perpetual futures on Kalshi's exchange and issued a no-action letter to Coinbase the same day. The move sets a compliance framework for U.S. firms and advances policies to position America as the crypto capital.
CFTC Seeks to Vacate $5M Settlement With Gemini
The CFTC has asked a federal court to vacate its $5 million settlement with Gemini, saying the original complaint relied on a whistleblower known to lack credibility. The move ends ongoing obligations for the exchange and adds to abandoned crypto enforcement actions under the Trump administration.
UK Sanctions Huobi in First Banking-Style Crypto Crackdown
The UK sanctioned Huobi, a gold-backed stablecoin issuer and 16 other entities for supporting Russia's illicit financial networks, applying banking-style rules to crypto for the first time. The move requires UK firms to freeze assets and trace multi-hop blockchain transactions, with other regulators expected to study the precedent.
OFAC Sanctions Six Ethereum Addresses Tied to Sinaloa Cartel
OFAC sanctioned six Ethereum addresses linked to a Sinaloa Cartel money laundering network that converted drug proceeds into crypto as part of action against 11 individuals and two entities. The move raises compliance risks for crypto exchanges and virtual asset service providers by highlighting the cartel's use of blockchain technology.
Echo Protocol Hit by $76.7M Exploit via Admin Key Breach
An attacker minted about 1,000 unauthorized eBTC worth $76.7 million on Echo Protocol after compromising an admin private key on the Monad blockchain. The incident highlights ongoing DeFi security risks, with at least 12 protocols already exploited this month amid a broader 2026 surge in crypto hacks.
KDDI to Acquire 14.9% Stake in Coincheck for $65M
KDDI will acquire a 14.9% stake in Coincheck Group for $65 million in a deal expected to close in June. The business alliance signed alongside the investment focuses on revenue sharing, referrals and expanding crypto access across Japan.
Binance AI Blocks $10.5 Billion in Crypto Fraud
Binance said its AI systems prevented more than $10.5 billion in user losses from the start of 2025 through Q1 2026 while intercepting 22.9 million scam attempts in the first quarter alone. The figures underscore AI's dual role in scaling crypto fraud to $17 billion in 2025 while powering over half of the exchange's fraud controls.
Coinbase Reports $394M Q1 Loss as Revenue Falls 31%
Coinbase reports a $394 million Q1 net loss and 31% revenue drop to $1.4 billion, with transaction revenue down 40% and shares falling over 5%. The results follow a 14% workforce cut and underscore challenges in the crypto market despite operational bright spots.
BitMine May Slow ETH Buys After Amassing 4% Supply
BitMine Immersion Technologies may slow its Ethereum purchases after amassing more than 4% of the circulating supply and nearing its 5% target. Chairman Tom Lee cited other crypto opportunities and the firm’s diversified investments as reasons for a potential change in pace.
Payward Closes $550M Bitnomial Deal, Securing CFTC Derivatives Stack
Payward, the parent of Kraken, has acquired Bitnomial for up to $550 million in cash and stock. The deal provides a complete CFTC-regulated derivatives stack, enabling direct offering of regulated crypto products in the U.S. and following its earlier NinjaTrader purchase.
Tether Reports $1.04B Q1 Profit, Starts Audit
Tether announced $1.04 billion in Q1 2026 profit and a record $8.23 billion reserve buffer despite crypto volatility. The stablecoin giant also began its first full audit by KPMG amid U.S. expansion and scrutiny.
Meta Rolls Out Stablecoin Payouts for Creators
Meta starts offering stablecoin payouts in USDC to select creators in Colombia and the Philippines, supported by Stripe. It marks the company's return to crypto payments years after abandoning Diem.
Israel Approves Shekel-Pegged BILS Stablecoin
Israel’s Capital Market, Insurance and Savings Authority approves the BILS shekel-pegged stablecoin from Bits of Gold after a two-year Solana pilot. The move supports regulated crypto activities amid a strong shekel and booming global stablecoin market.
Tennessee Crypto Kiosk Ban Takes Effect July 1
Tennessee bans crypto ATMs and kiosks effective July 1 under a new law signed by Governor Bill Lee. The measure targets scams linked to the machines, which number over 570 in the state and have cost victims $389 million per FBI data.
Bitcoin hits $75,900, highest since Feb. 5 crash to $60K
Bitcoin reached $75,900 on April 14, 2026, its highest since the February 5 crash to $60,000, fueled by Middle East optimism lowering oil prices and boosting risk assets. Crypto stocks and miners rallied sharply, with analysts eyeing $76,000 resistance for a potential bullish breakout.
From the feed · 53
Brazil's central bank now requires exchanges to delay crypto transfers above $10,000 abroad, along with any smaller transactions they flag as risky.
$1.9 trillion asset manager T. Rowe Price added memecoins to its crypto ETF. Excluding established ones on principle would undermine its active approach to crypto investing.
The Senate failed to pass the Crypto Clarity Act before entering summer recess. The bill, aimed at establishing regulatory standards for digital assets, now awaits the fall session.
Trump Media is unwinding its two Crypto.com deals on crypto treasury and prediction markets. The company is redirecting focus to media operations, data licensing, and a planned merger with fusion firm TAE.
Trump Media reportedly terminated its planned crypto deals with Crypto.com.
OFAC sanctioned Shelbit and Aban Tether, two exchanges tied to Iran, as part of the ongoing effort to restrict Tehran's crypto access.
OKX executive Rafique says the Clarity Act has little chance of passing, as Democrats see no incentive to deliver Republicans a crypto win before midterms. He adds that bitcoin optimism is already priced in.
Bitcoin reclaims $65k even as the Clarity Act faces another delay. MetaMask rolled out an Agent Wallet that lets AI agents execute crypto trades on their own.
President Trump said the US does not want China to take over crypto. "We don't want see China take over crypto," he stated.
$247 million in crypto thefts made July the second-worst month of 2026, driven in part by the Coldcard exploit that exceeded $100 million in losses.
Senate reportedly delays the Crypto Clarity Act vote until after summer recess.
Wintermute launched a US broker-dealer. The registration lets the crypto market maker prepare for tokenized securities growth in the US.
Russia's first crypto law is now signed, creating a licensed central bank-supervised market for digital asset trading. Crypto remains barred from everyday payments.
$2 trillion is the value the S&P 500 added this month, matching crypto's full market cap. Bitcoin has barely moved.
Binance is suing RedotPay for $470 million in Hong Kong, alleging the firm poached its crypto customers. RedotPay says it will defend itself vigorously.
The White House is reportedly reviewing the ethics text of the Crypto Clarity Act ahead of the August deadline. Senators now have just days to vote on the bill.
Large holders of Bitcoin, Ethereum and XRP increased balances during market weakness. CryptoQuant sees them absorbing supply ahead of a possible bottom.
The Senate has 2 days to pass the Crypto Clarity Act before leaving for summer recess.
Mastercard and Borderless are testing shared identity verification for cross-border stablecoin transfers through the Crypto Credential framework. The effort aims to add compliance checks without naming specific transaction volumes or timelines.
Global equities hit record highs while Bitcoin and the broader crypto market failed to keep pace. Derivatives data show subdued activity in bitcoin and ether but aggressive positioning in select altcoins.
SEC Commissioner Hester Peirce voiced optimism that the Clarity Act will pass and deliver long-awaited crypto market structure rules.
An FBI agent faces charges for allegedly stealing $1 million in crypto from an adversarial nation, with court documents claiming he planned to take the funds abroad.
3 days remain for the Senate to pass the Crypto Clarity Act before summer recess.
BNY Mellon, the world's largest custodian bank, is said to be preparing a crypto staking service. The move would extend custody offerings into yield-generating activities for digital assets.
Coinbase CEO Brian Armstrong urged passage of the crypto Clarity Act, stating that "economic security is national security.
10% of FalconX's workforce is being cut as the crypto market slump persists. The firm is also refocusing its Singapore strategy and withdrawing its local license application.
Congress heads into a recess of more than one month this week, leaving the Crypto Clarity Act without a vote before lawmakers return.
Bitmine bought more ether and increased its stock buyback last week. Chairman Tom Lee tied ether's July outperformance versus the Nasdaq to stronger crypto fundamentals.
Robinhood's UK arm joined the FCA's list of registered cryptoasset companies on July 31. The move comes just before the new regulatory regime takes effect.
The Senate heads into summer recess in a week, leaving almost no August window to advance Clarity or other crypto priorities.
Trump Media sold another 2,628 BTC, bringing its seven-month total to 7,281 and cutting holdings to 4,261. The latest batch moved to Crypto.com.
Russia's crypto mining ban now extends through 2032 in Moscow, the Moscow Region, and parts of Kursk, citing power supply limits.
$125 million was liquidated from the crypto market in the past 60 minutes as Bitcoin fell back under $63,000.
A Dubai crypto exchange is allegedly tied to a $4 billion Iran sanctions-evasion network, routing hundreds of millions through Binance and other major platforms to connect sanctioned entities with global markets.
Senators reportedly sent revised ethics rules to the White House for the CLARITY Act. The window is closing on a crypto market structure bill before the Senate's month-long recess.
Coinbase reported lower quarterly revenue and a net loss for Q2 as crypto trading volumes declined. Subscription, stablecoin, and lending revenue continued to grow.
IBM claims it has reached trusted quantum advantage, advancing machines that could eventually break the cryptography securing Bitcoin. The progress continues IBM's push toward quantum systems capable of challenging today's encryption standards.
Treasury Secretary Bessent says Senate Democrats are blocking the Crypto Clarity Act.
Ark Invest sold Bitmine, Robinhood, Bullish, and Block shares during Wednesday's crypto pullback. • Boosted its Coinbase position • Added to Circle holdings
Ondo Finance is weighing an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.
Crypto gains over $1,740 will face taxation in South Korea starting January 1, 2027. The measure now moves to parliament after multiple prior delays.
Coinbase CEO Brian Armstrong urged the US Senate to pass the crypto Clarity Act, writing that "clear rules are almost here.
Mythos has uncovered cryptographic weaknesses that remained undetected for years. The findings highlight gaps in long-standing implementations that standard audits missed.
Block has sent a letter to the US Senate urging passage of the crypto Clarity Act. The push comes from Jack Dorsey's payments company as lawmakers consider new digital asset rules.
Robinhood shares slid 4% after the brokerage posted $100 million in crypto trading revenue, down 38% from a year earlier, even as options, equities and prediction markets activity strengthened.
Researchers have detailed a cryptographic method that would let Bitcoin wallets add post-quantum security without breaking compatibility with existing addresses.
US prosecutors have proposed changes to the CLARITY Act as the voting window narrows. A White House crypto adviser called the revisions “not even close” to the administration’s position.
MoonPay's PayBox embeds a crypto wallet inside Claude and ChatGPT, letting the models execute payments autonomously while the user retains final approval. The integration works through secure API connections that keep private keys outside the AI environment.
Banking lobby CEO addressed the stalled Crypto Clarity Act as senators push to pass it before year end. The bill's progress has been slowed in part by banking industry opposition.
Coinbase faces trimmed Wall Street forecasts for a sluggish Q2 as spot trading volumes cool, with attention turning to pending U.S. crypto rules.
Emirates now accepts payments from eligible UAE residents via Crypto.com. Bookings stay priced and settled in dirhams.