π¨JUST NOW: JAPAN JUST GOT ITS FIRST TRUST-BACKED YEN STABLECOIN
SBI Group is launching JPYSC, a yen-pegged stablecoin issued through SBI Shinsei Trust Bank.
JPYSCβs trust structure lets it bypass Japanβs Β₯1M transaction limit, making it more useful for large settlements.
This gives Japan its own stablecoin instead of relying on USDT or USDC.
@headlines
SBI Group is launching JPYSC, a yen-pegged stablecoin issued through SBI Shinsei Trust Bank.
JPYSCβs trust structure lets it bypass Japanβs Β₯1M transaction limit, making it more useful for large settlements.
This gives Japan its own stablecoin instead of relying on USDT or USDC.
@headlines
πΊπΈSEN. CYNTHIA LUMMIS SAYS:
βDigital asset innovation doesn't wait for regulatory clarity. It just moves somewhere else.β
βI refuse to let that keep happening on my watch.β
@headlines
βDigital asset innovation doesn't wait for regulatory clarity. It just moves somewhere else.β
βI refuse to let that keep happening on my watch.β
@headlines
π¨MASSIVE: IRAN FUNNELED $3.8 BILLION VIA CRYPTO EXCHANGE COINEX TO EVADE US SANCTIONS
WSJ investigation found more than $3.84 BILLION flowed through CoinEx from Iranian users, with blockchain analysis linking transactions to entities tied to the IRGC and Iran's Central Bank.
@headlines
WSJ investigation found more than $3.84 BILLION flowed through CoinEx from Iranian users, with blockchain analysis linking transactions to entities tied to the IRGC and Iran's Central Bank.
@headlines
π¨Breaking: Clarity Act Faces Delay as Thune Adjourns Senate for Extended July Recess
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π¨SHOCKING: NEARLY 11M BITCOIN ARE NOW IN LOSS, THE HIGHEST LEVEL EVER RECORDED
Bitcoinβs drop to $59.1K has pushed 10.83 MILLION BTC into loss, the highest level in history, Glassnode data shows.
Long-term holders now own 14.8 MILLION BTC, roughly 75% of the circulating supply, with 37% of which in the red.
@headlines
Bitcoinβs drop to $59.1K has pushed 10.83 MILLION BTC into loss, the highest level in history, Glassnode data shows.
Long-term holders now own 14.8 MILLION BTC, roughly 75% of the circulating supply, with 37% of which in the red.
@headlines
π¨BLACKROCK MOVES OVER $600 MILLION IN BTC AND ETH TO COINBASE IN 48 HOURS
The world's largest asset manager transferred 7,160 BTC and 98,850 ETH to Coinbase Prime wallets over the past two days, totaling roughly $611 MILLION.
This comes as BlackRockβs spot Bitcoin ETF saw 5 straight trading sessions of outflows totaling $720 MILLION.
More selling?
@headlines
The world's largest asset manager transferred 7,160 BTC and 98,850 ETH to Coinbase Prime wallets over the past two days, totaling roughly $611 MILLION.
This comes as BlackRockβs spot Bitcoin ETF saw 5 straight trading sessions of outflows totaling $720 MILLION.
More selling?
@headlines
πΊπΈNEW: GOP RACES TO PASS CLARITY ACT BEFORE AUGUST RECESS
GOP lawmakers are mounting an aggressive push to pass the CLARITY Act, with momentum accelerating after the Housing bill fallout and growing pressure from a rapidly closing legislative window, per Eleanor Terrett.
Once senators return on July 13, Congress will have just 20 working days to clear the Senate and send the bill back to the House before lawmakers leave for the August recess.
@headlines
GOP lawmakers are mounting an aggressive push to pass the CLARITY Act, with momentum accelerating after the Housing bill fallout and growing pressure from a rapidly closing legislative window, per Eleanor Terrett.
Once senators return on July 13, Congress will have just 20 working days to clear the Senate and send the bill back to the House before lawmakers leave for the August recess.
@headlines
π¨BINANCE SEEKS NEW EU LICENCE AS MICA RULES BEGIN
Binance has told EU customers it will stop providing services from next week as the July 1 MiCA deadline arrives, FT reports.
The move comes after its MiCA licence application in Greece failed, with FT reporting France is now the intended licence path.
MiCA requires crypto firms to be licensed in one EU country to serve customers across the 27-country bloc.
Binance says it is confident it can secure a licence βin the coming months.β
@headlines
Binance has told EU customers it will stop providing services from next week as the July 1 MiCA deadline arrives, FT reports.
The move comes after its MiCA licence application in Greece failed, with FT reporting France is now the intended licence path.
MiCA requires crypto firms to be licensed in one EU country to serve customers across the 27-country bloc.
Binance says it is confident it can secure a licence βin the coming months.β
@headlines
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π₯GRAYSCALE: STRATEGY SHOULD SELL $3 BILLION IN BTC
Grayscaleβs Zach Pandl said Strategy should SELL at least $3 BILLION in $BTC could cover most of its cash obligations for the next two years and restore market confidence.
Strategy now faces around $1.2 BILLION in annual preferred dividend obligations, while $STRC trades nearly 29% below par.
@headlines
Grayscaleβs Zach Pandl said Strategy should SELL at least $3 BILLION in $BTC could cover most of its cash obligations for the next two years and restore market confidence.
Strategy now faces around $1.2 BILLION in annual preferred dividend obligations, while $STRC trades nearly 29% below par.
@headlines