Key Takeaways Fed Chair Kevin Warsh and the rest of the board held rates at 3.50%-3.75% and eliminated forward guidance at the June 17 FOMC meeting. Bitcoin dropped to an intraday low of $62,236 on Thursday, June 18, as risk assets repriced Fed uncertainty. Nine FOMC dot plot participants projected at least 1 rate hike…
Key Takeaways The Federal Reserve and 4 agencies proposed KYC requirements for payment stablecoin issuers on June 18, 2026. Gov. Michael Barr warned the GENIUS Act fails to adequately address illicit finance risks in stablecoin secondary markets. A 60-day public comment period opens before any rule is finalized, with secondary market rules also under review….
Key Takeaways On June 18, CME CEO Terrence Duffy plans to sue the CFTC over its landmark approval of crypto perpetual futures. Kalshi’s new crypto derivatives saw huge market demand, clearing over $3 billion in volume during beta testing. Next, a court must decide if the CFTC or CME holds the right to list these…
Key Takeaways On June 16, the IMF reported Nigeria drew $59 billion in crypto inflows, capturing 60% of regional stablecoins. High 9% remittance costs and a volatile naira drove Nigerian businesses to adopt US dollar- stablecoins. The Nigerian Senate sent a new crypto licensing bill to the Committee on Capital Market for a 4-week review….
Key Takeaways Inveniam agreed to acquire blockchain project MANTRA by June 30, 2026, following a $20M investment. The deal marks a major turning point for MANTRA after a token 90% flash crash in April 2025 wiped out $5B. Inveniam and MANTRA will merge operations to deliver institutional RWA data and AI tech to DeFi. Strategic…
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. Tether-affiliated entities reported beneficial ownership of 37.7 million Bitdeer Class A shares as of June 12, equal to 19.7% of the company’s outstanding Class…
Mobile wallet platform GCash announced it will transition to in-app one-time passwords (OTPs) via push notifications beginning June 22, 2026. The technical shift will fully replace the existing SMS-based authentication system to mitigate phishing scams and unauthorized financial account takeovers. “Our upgrade to in-app OTPs is a strategic move to put an end to phishable…
Key Takeaways Ghana’s EOCO and the UK’s NCA teamed up to seize $15.1 million in crypto from a major transnational fraud ring. The 2026 case proves Chainalysis data can help agencies track tokens across nearly 20 diverse blockchains. Authorities are screening victims to finalize a historic repatriation of funds back to the United Kingdom. An…
Singlife Philippines and Asia United Bank (AUB) announced Thursday the integration of Singlife’s 100-in-1 Medical Plan into AUB’s HelloMoney and Hello Pag-IBIG mobile applications. The partnership allows users of the digital banking platforms to browse, purchase, and manage health and accident coverage directly within the applications. Partnership Details and Pricing According to a joint statement,…
Key Takeaways Yield Basis deposits jumped 120% from 1.7M to 3.8M crvUSD in under 2 weeks. The Hybrid Vaults target yield while preserving BTC and ETH exposure. Yield Basis reached $126M TVL; live-market performance will be the next key test. Michael Egorov Says Demand Is Rising for BTC Yield Strategies That Preserve Exposure Crypto investors…
