Western Union Prepares USDPT Stablecoin for May Launch
Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto...
Business
Robinhood Cuts Workforce as Tenev Says Business Is Stronger Than Ever
Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the...
Strategy Adds 1,587 Bitcoin Through MSTR Stock Sales
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its cryptocurrency reserves last week as BTC continued to...
Congress Targets Crypto ATMs After Americans Lose $333M to Scams
Key TakeawaysLawmakers introduced a bipartisan bill targeting crypto ATM fraud after reported losses topped $333 million.Older Americans faced most known-age...
Brazil Proposes Rigid Guardrails to Stop Government Abuse of Central Bank Digital Currency
Key TakeawaysBill 4212/25 passed a key committee, moving to floor votes to curb Brazil’s CBDC reach.Bia Kicis enshrined cash’s existence,...
Zimbabwe Pushes Crypto Firms to Register as New Law Tightens AML Compliance Controls
Key TakeawaysZimbabwe legalized its crypto sector under S.I. 99 of 2026, forcing VASPs to register with the RBZ.Crypto firms face...
Brazil Introduces Bill 2946 to Turn Central Bank Crypto Rules Into Federal Law
Key TakeawaysDonizette filed Bill 2946/2026 to next enforce mandatory registration across Brazil’s crypto market.The bill codifies Resolution 519 of 2025,...
Luno CEO James Lanigan Warns $33T Stablecoin Boom Could Bypass South Africa
Key TakeawaysNational Treasury and SARB extended the draft regulations comment deadline to June 30, 2026, after a backlash.Luno CEO Lanigan...
61 Crypto Leaders Urge Senate to Pass CLARITY Act With Developer Protections
Key Takeaways61 crypto leaders urged senators to preserve developer protections inside the CLARITY Act.Supporters say clearer rules could help distinguish...
Crypto Oversight in the Spotlight After Warren Questions Federal Regulation
Key TakeawaysSenator Warren questioned whether the CFTC can oversee crypto and prediction markets with fewer staff.Prediction markets face growing scrutiny...
160 National Security Veterans Back CLARITY Act as Senate Crypto Battle Reaches Critical Stage
Key TakeawaysFormer officials urged Senate leaders to support the CLARITY Act’s crypto market rules.Notably, 160 national security, intelligence, and law...
6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto
Key TakeawaysSenators urged regulators to revisit digital asset capital standards affecting banks.The disputed 1,250% risk weight can require capital equal...
CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto Rules
Key TakeawaysThe CLARITY Act has attracted support from a wide range of political and industry stakeholders.Support comes from lawmakers, industry...
SEC Commissioner Challenges Blockchain Oversight Push That Could Shape Crypto Rules
Key TakeawaysPeirce questioned whether securities rules should cover blockchains, validators, developers, and neutral software.Regulators could focus more on custody, control,...
Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve
Key TakeawaysCoinbase invested in a money market fund designed for stablecoin reserve eligibility.The GENIUS Act is increasing focus on liquidity,...
HIVE Bitcoin Holdings Fall as Revenue Hits Record $298M
Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner...
South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollarization
Key TakeawaysOn June 2, 2026, the SARB and FSCA declared that crypto assets and stablecoins are not legal tender.Wider adoption...
Wall Street Moves Onchain as Franklin Templeton and Ondo Finance Accelerate Tokenized Access to ETFs
Ondo Finance and Franklin Templeton Bring ETFs Onchain Expanding access to traditional financial instruments through blockchain infrastructure is gaining traction,...
FTC Warns Visa, Mastercard, Paypal, Stripe as Debanking Concerns Shake US Financial Access
US Debanking Fight Ignites as FTC Targets Visa, Mastercard, Paypal, and Stripe Practices Access to financial services has become a...
BNP Paribas Opens Access to Bitcoin and Ethereum ETNs for Retail Clients
BNP Paribas Adds Crypto-Linked ETNs for Retail Investors Growing access to regulated crypto-linked instruments is reshaping how traditional investors engage...
Samsung Units To Buy $408M Stake In Upbit Operator Dunamu: Report
Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean...
Canary Capital Files PEPE ETF as Wall Street Tests Institutional Demand for Meme Coins
Key Takeaways: Canary Capital filed with the SEC to launch a PEPE ETF tracking token price via direct holdings. PEPE...
