EU's MiCA regulation is forcing crypto firms to obtain licenses
EU's MiCA regulation is forcing crypto firms to obtain licenses
🇪🇺 With full enforcement starting July 1, the EU's MiCA regulation is forcing crypto firms to obtain licenses or cease operations in the bloc.
The regulation is pushing the sector toward institutionalization, though over 90% of European stablecoin activity remains USD-backed.
Coinbase warns PoS chains face extra quantum risks from validator signatures.
📲 Coinbase warns PoS blockchains like Ethereum & Solana may face added quantum risks via validator signatures. While current tech isn’t a threat yet, the industry should prepare for a shift to quantum-resistant security.
North Carolina introduces the NC Digital Asset and Stablecoin Act
North Carolina introduces the NC Digital Asset and Stablecoin Act
🇺🇸🪙 North Carolina introduces the NC Digital Asset and Stablecoin Act.
The comprehensive bill that would allow state-chartered banks and credit unions to provide digital asset custody, staking, and transaction services.
Lloyds Banking Group has become the first UK lender to pilot an AI tool
💸🤖 Lloyds Banking Group has become the first UK lender to pilot an AI tool for customer investment decisions.
The move comes as the FCA launches a review into AI's impact on financial services and includes Lloyds in a live testing program for "targeted support."
Mastercard joins the Blockchain Security Standards Council (BSSC)
💳 Mastercard joins the Blockchain Security Standards Council (BSSC) as a Charter-level member.
The payments giant will contribute its security expertise to help define standards for blockchain ecosystems, alongside members including Coinbase, Fireblocks and Anchorage Digital.
Bank of Korea prioritizes CBDC's over stablecoins
New Bank of Korea Governor Shin Hyun-song emphasized CBDC's in his first policy address.
🇰🇷 New Bank of Korea Governor Shin Hyun-song emphasized CBDC's in his first policy address.
No mention of stablecoins.💰
The address comes as South Korea's first regulated stablecoin, KRW1, launched in February, and legislative debates over stablecoin frameworks continue.
Strategy adds 34,164 #Bitcoin to its holdings in a $2.54B move
💸 Strategy adds 34,164 #Bitcoin to its holdings in a $2.54B move. Strategy's third-largest purchase ever.
The acquisition brings Strategy's total bitcoin holdings to 815,061 $BTC, underscoring its continued accumulation strategy.
Bitmine is stacking ETH at scale
💰 Bitmine is stacking ETH at scale.
Bitmine acquired 101,627 ETH in a single week, bringing its treasury to 4.12% of ether's total supply.
🗨️ Chairman Tom Lee says crypto winter may be nearing its end.
ETH and BTC logos
Coinbase expands its crypto-backed lending service in UK
💸🇬🇧 Coinbase expands its crypto-backed lending service to the U.K., allowing users to borrow USDC against Bitcoin (up to $5M) or Ethereum (up to $1M) collateral.
🇺🇸 The service, powered by Morpho on Base, has facilitated $2.17B in loans in the U.S.
$76K Bitcoin
🟠 $76,000 Bitcoin
Polymarket is reportedly raising $400M at a $15B valuation
Polymarket logo
🔮 Polymarket is reportedly raising $400 million in a new funding round that would value the company at $15 billion.
The move comes as prediction market volumes surge, with Bernstein forecasting the sector will reach $1 trillion by 2030, up from $51 billion last year. 💸
Justin Sun of TRON DAO Presents Proposals to President Japarov to Advance Kyrgyzstan’s Vision as a Web3, AI Innovation Hub
