Digital financial services platform Maya has partnered with the Commission on Filipinos Overseas (CFO) to integrate digital payment options for the agency’s services. Under the agreement, non-resident Filipinos and their families will be able to pay for CFO transactions using credit and debit cards, QR codes, and digital wallets. Digitalization of Government Services The partnership…
Mbappé, Cherki, and 3 other France players objected to their images in a Betclic betting promo, L’Équipe says. A 2023 FFF-player convention permits collective image use, so the squad has little recourse against Betclic. Players want a retraction, but the FFF dispute is parked until after the July 19 World Cup. A grievance aimed at…
Key Takeaways Several reports say Seoul police raided Bithumb HQ a second time on June 8, 2026, in the Kim Byung-ki corruption probe. Lawmaker Kim Byung-ki faces 13 suspicions and has been summoned by police approximately seven times. Bithumb denies hiring irregularities; police say the broader investigation requires further work. Second Raid in 4 Months…
Key Takeaways CME’s Fedwatch tool shows a 98.2% probability the Fed holds rates at 3.50%–3.75% on June 17, 2026. Kevin Warsh, confirmed 54-45 and sworn in May 22, leads his first FOMC meeting this month. Goldman Sachs has pushed expected rate cuts to 2027, signaling a prolonged hold period ahead. Warsh Takes the Chair Kevin…
Key Takeaways Polymarket and Kalshi hit $2B in World Cup bets before June 11, next disrupting old sportsbooks. A SEON survey shows 19% of US adults favor prediction platforms, squeezing crypto betting apps. Minnesota and 2 states target Polymarket and Kalshi to classify them under local gambling laws. FIFA World Cup Derivatives Start Moving Billions…
Key Takeaways Bitcoin ETFs lost $1.72B for a 4th straight week, led by Blackrock IBIT’s $1.34B outflow. Ether ETFs shed $168M, while HYPE gained $17M and XRP added $2.6M in fresh inflows. Glassnode data shows ETF outflows at a record pace, signaling more selective allocations. Bitcoin and Ether ETFs Lose $1.89B While HYPE and XRP…
Key Takeaways Bitcoin’s MVRV ratio fell to 1.1, its lowest since March 2023, signaling deep undervaluation. Readings near this level preceded a roughly 67% rally after the 2022 FTX collapse. Cryptoquant warns this cycle differs, so a bottom is not guaranteed despite cheap valuations. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s…
Key Takeaways A whale bought 1,656 BTC ($98.93M) at $59,734, near bitcoin’s June 5 low of $59,100. The position gained about $3.5 million in two days as BTC climbed back toward $64,000 behind Trump’s recent Iran-related remarks. The coins were moved to Binance, a step that often precedes selling or hedging. Buying the Exact Bottom…
Key Takeaways About $320 million in crypto shorts were liquidated in 15 minutes as bitcoin rebounded toward $64,000. The squeeze followed a 2026 low near $59,100 and weeks of long liquidations topping $1.5 billion. Heavy leverage and thin liquidity have historically left the market prone to violent swings in both directions. A 15-Minute Short Squeeze…
This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. The final week of May illustrated a defining trend in global crypto regulation: policymakers are increasingly moving beyond rulemaking and into implementation, enforcement, and market design. Across Europe, Asia, and the United States, regulators are no…
