Business / Finance
MiCA's looming deadline could leave 10 million crypto users without a platform in the EU
As MiCA takes full effect on July 1, SwissBorg's Alex Fazel told CoinDesk users should choose platforms built to withstand EU regulators' tightening oversight.
Ripple wants institutions to borrow against tokenized assets on XRPL
A proposed XRPL standard would let institutions borrow against tokenized assets, with the blockchain enforcing loan terms while the underwriting stays with human credit teams. It …
Wall Street's BNY expands stablecoin services for institutions, starting with Circle's USDC
The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into traditional finance.
Supreme Court blocks Trump's attempt to fire Federal Reserve governor Lisa Cook
The decision, seen as a win for central bank independence, sends the fight over removal back to the lower courts.
Strategy opens the door to selling bitcoin under new capital plan. Here's what it means
The company can now sell bitcoin to fund the USD reserve, support preferred dividends, and finance up to $2 billion in stock buybacks.
Ukraine transfers $8.3 million in seized crypto amid potential plans for strategic reserve
The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through high-value property.
BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
The deal adds Ethena's yield-generating token to BlackRock's risk management platform and create a $100 million liquidity facility for BlackRock's tokenized money market fund.
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the prediction market ec…
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year.
JPMorgan sees limited institutional demand for perpetual futures
The bank said institutional demand for perpetual futures remains muted, with the products better suited to speculative trading than hedging.
Saylor's Strategy initiates buybacks and bitcoin monetization program, lifts STRC dividend
Strategy adopted a new capital management framework, authorizing up to $2 billion in buybacks while creating a program that allows future bitcoin sales to support liquidity.
Tether's USDT jumps to 8.5% premium in India after crypto payment crackdown
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, rough…
Vitalik Buterin says crypto’s most powerful idea is still nowhere near ready
The Ethereum co-founder says indistinguishability obfuscation could one day act like a “trustless trusted third party,” but today’s versions remain far too slow for real use.
Dollar, U.S. Treasury yield market positions may carry glimmer of hope for bitcoin
Your day-ahead look for June 29, 2026
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
The institutional banking provider is expanding into digital asset custody, liquidity and execution services as former Zodia Custody CEO John Cronin takes the helm.
Bitcoin hovers below $60,000 as crypto braces for a pivotal week
BTC added 0.6% to $59,800 to start the week while SOL rose 2%, though derivatives data and chart formations point to continued downside risk.
British American Tobacco to cut 9,000 jobs
The tobacco industry is grappling with declining demand for traditional cigarettes.
Europe’s unlicensed crypto firms face ‘wipeout’ as MiCA deadline hits
European regulator ESMA called on unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1.
Bitcoin falls into a technical no man’s land as major support levels sit miles away
Bitcoin is trading below key technical and onchain valuation levels, with historical bear market patterns suggesting a potential bottom closer to $45,000.
New MiCA regime in Europe, U.S. jobs report for June: Crypto Week Ahead
Your look at what's coming in the week starting June 29.
BIS warns stablecoins are more like ETFs than actual money, and they're creating FX risk
BIS's latest annual report dives into stablecoins and AI trends.
Crypto exchange BitMEX removes CEO, CFO and head of growth
The firm’s global general counsel, Peter Wilkinson, has taken over as CEO from Stephan Lutz.
South Korea unveils $1tn chip and AI investment plan
It comes as regional rivals like Taiwan, China and Japan are investing heavily in chip factories and other technology.
South Korea’s $518 billion AI chip push shows crypto is still losing the capital race
Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money…