Key Takeaways Jadyel Alencar called a public hearing on Bill 4308/2024 to determine Brazil’s stablecoin regulation. Abcripto urged keeping stablecoins as digital assets to shield the local market from EU-style rules. Julia Rosin backed central bank oversight and opposed the electronic money taxonomy to align with international jurisdictions. Brazil’s Crypto Industry Opposes Stablecoin Designation As…
Key Takeaways STRC trades below $75, with Arkham calling it a junk bond ranking among Strategy’s most junior obligations. Polymarket assigns STRC a 33% chance of hitting $100 by Dec. 31, drawing $23,722 in total trading volume. Cullen Roche warns STRC’s floor rests on market confidence, not cash flow, leaving recovery tied to bitcoin’s price….
Key Takeaways Australian securities regulator gave crypto firms more time to get their licenses in order. ASIC also widened the relief to cover some firms working under existing license holders. The relief does not change existing licensing requirements, and ASIC may still take enforcement action in cases of serious misconduct. Digital Asset Firms Receive More…
Key Takeaways SpaceX is joining the Nasdaq-100 and FTSE Russell’s U.S. equity indexes less than a month after its record-breaking IPO. Index inclusion may increase fund demand, trading volume, and visibility among institutional investors. Shares have experienced volatility since listing. SpaceX Inclusion Highlights Growing Influence of Aerospace Innovation in Major Market Benchmark Elon Musk’s Space…
From sweeping regulatory compliance tests for social media content creators to historic macro shifts in the sovereign banking sector, here are the global crypto stories you might have missed this week. 🏛️ Macro & Regulatory Pressures Indonesia Mandates State Competency Certifications for Crypto Influencers In a major structural crackdown on retail shadow-marketing and speculative financial…
Key Takeaways Senate leaders face pressure to schedule a CLARITY Act vote before election priorities dominate. Stand With Crypto says clearer rules could protect consumers, developers, and fintech firms. Polling cited by the group suggests crypto policy may sway battleground-state voters. Stand With Crypto Says Federal Rules for Digital Assets Remain Incomplete as Timeline Tightens…
Key Takeaways OFAC sanctioned 26 entities linked to Prince Group, next blocking Huione from U.S. financial markets. Chainalysis reported Huione Guarantee processed $70B in crypto, forcing tighter P2P market rules. After a 5-year run, the FBI seized Huione’s cloud systems to dismantle global crypto scam markets. US Treasury Hits Huione Group’s Crypto Money Laundering Cloud…
Key Takeaways ARK Invest bought 35,023 Robinhood, 9,014 Coinbase, 9,264 Circle, and 9,136 Bullish shares on June 25. All four stocks fell that day, with Coinbase down 5% to $142.52 and Bullish off 6.77% to $21.88. The dip-buying extends Cathie Wood’s high-conviction crypto thesis, anchored by a $1.5 million bitcoin target. Buying Into a Broad…
Key Takeaways Binance notified users in affected EU markets that crypto services will stop from July 1. The exchange told customers their assets will remain safe and accessible. The company withdrew its Greek MiCA application after concluding the approval process would not finish before the EU deadline. Customer Emails Explain Service Changes as MiCA Access…
Key Takeaways Bitcoin ETFs lost $696.29M on June 25, with Fidelity and Blackrock leading outflows. Ether, HYPE, and solana ETFs also turned negative, signaling broader risk-off sentiment. Morgan Stanley’s MSBT added $9.17M, but ETF demand remains weak across crypto markets. HYPE ETFs Turn Negative After Weeks of Inflows as Crypto Selloff Widens The pressure that…
