✦ Taiwan passed the VASP Act, requiring virtual asset service providers to obtain licenses and maintain 100% reserves for stablecoins to strengthen market stability and investor protection.
✦ Donald Trump disclosed holding over $100 million in Bitcoin and Ethereum, along with significant income from NFTs and other crypto-related businesses.
✦ U.S. Vice President JD Vance reported Bitcoin holdings worth between $250,001 and $500,000, highlighting growing cryptocurrency adoption among U.S. politicians.
✦ Circle was removed from the Russell 1000 and Russell 3000 indexes during the 2026 annual reconstitution, potentially triggering portfolio rebalancing by index-tracking funds.
✦ CITIC Securities said the PBOC's overnight reverse repo operations indicate continued accommodative monetary policy, supporting market liquidity and overall financial sentiment.
✦ UK Finalizes Crypto Framework: FCA sets October 2027 deadline for comprehensive regulations covering exchanges, stablecoins, and DeFi.
✦ US Presidential Authority over SEC/CFTC: Supreme Court rules Presidents can fire SEC and CFTC commissioners at will, increasing executive control.
✦ Taiko Network Restoration: System is back online with confirmed zero user fund losses following the recovery process.
✦ Azerbaijan Virtual Asset Bill: New legislation requires all crypto businesses to obtain licenses from the Central Bank for legal operation.
✦ Bitcoin Faces Market Pressure: Despite ETF outflows and geopolitical tensions, contrarian signals from crowded USD longs could provide near-term recovery momentum for BTC.
✦ Trump Delays CBDC Ban: President Trump postponed signing a bill containing a 4-year CBDC ban to prioritize the SAVE America Act, raising concerns over crypto legislative progress.
✦ CBDC Barred Until 2030: Congress passed legislation prohibiting the Fed from issuing a CBDC through 2030, following a decisive 85-5 Senate vote.
✦ Macro Volatility Warning: The US Nonfarm Payrolls report is moved to next Thursday due to Independence Day, likely causing liquidity shifts alongside end-of-quarter rebalancing.
✦ CZ on Market Decline: Binance's founder attributes Bitcoin's drop from $89k to $60k to capital shifting into AI and geopolitical tensions.
✦ Base Incident Report: Layer-2 network Base released a postmortem on the June 25-26 outages caused by sequencer bugs, confirming funds remained secure.
✦ US Senate approves temporary CBDC ban until 2030. A housing bill passed with a provision prohibiting the issuance of a central bank digital currency through the end of 2030.
✦ CFTC reviews 24/7 trading and perpetual contracts. Regulators are seeking feedback on expanding energy derivative trading hours and managing the rise of perpetual instruments.
✦ Visa scales Stablecoin settlement pilot. Alongside $11.2B in Q2 revenue, Visa is expanding its stablecoin settlement initiatives to handle significant transaction volumes.
✦ MEV bot attacker launders 2,000 ETH. An attacker linked to "Jaredfromsubway" moved 2,000 ETH through Tornado Cash and converted a large portion of ETH into DAI.
✦ US sets new Quantum Computing and Security targets. New executive orders target quantum readiness by 2028 and extend the post-quantum cryptography deadline to 2031.
✦ The US Federal Reserve and four other agencies proposed requiring payment stablecoin issuers to establish customer identification programs (CIP) similar to traditional banks.
✦ Morgan Stanley filed S-1 forms for two new ETFs, Ethereum (MSSE) and Solana (MSOL), featuring a record-low management fee of 0.14%, intensifying market competition.
✦ A Japanese corporate pension fund plans to allocate 1% of its assets to cryptocurrency in fiscal year 2026, signaling a shift in traditional financial institutions' attitudes toward crypto.
✦ Hsiao-Wei Wang announced her resignation as Co-Executive Director and board member of the Ethereum Foundation to spend time with family, though she will continue contributing to the community.
✦ Hong Kong is discussing with Chinese authorities to expand mainland investors' access to local IPOs and broaden cross-border investment channels.
✦ Schwab Launches S&P 500 Binary Options: Partnering with Cboe, Charles Schwab enters prediction markets with "yes-or-no" contracts tied to the S&P 500 index.
✦ EU Tightens AML Rules for July 2027: New regulations mandate KYC for transactions over €1,000 and ban anonymous accounts and privacy coins.
✦ Japanese Pension Fund to Allocate Crypto: The national fund plans to invest 1% of its 21.3 trillion Yen assets into crypto starting in fiscal 2026.
✦ U.S. House Roundtable on Economic Sovereignty: A subcommittee meeting on June 25 will focus on the role of cryptocurrency in national economic sovereignty.
✦ THORChain Enters Final Recovery Stage: The network is performing final security checks on vaults before completing the fund migration process.
✦ Schwab enters prediction markets: Charles Schwab partners with Cboe for S&P 500 yes-or-no options, its first move into financial prediction products.
✦ Bitcoin credit stress test: MicroStrategy’s STRC dropped below $100 par value, leading to a pause in new issuances to evaluate digital credit sustainability.
✦ EU tightens AML rules: Starting July 2027, the EU mandates KYC for transactions over €1,000 and bans anonymous accounts and privacy coins.
✦ Axelar cuts Secret Network links: Following a $4.67M token theft, Axelar disabled IBC connections to Secret Network to mitigate further risks.
✦ Sonic Labs leadership reshuffle: Sonic Labs (formerly Fantom) appointed a new CEO and board members as part of its ecosystem restructuring.
✦ Fed Holds Rates at 3.50%-3.75%: Despite the hold, a hawkish "dot plot" (9/18 officials projecting 2026 hikes) pushed BTC down 1% to $65,417.
✦ CME vs. CFTC Lawsuit: CME plans to sue CFTC over the approval of Kalshi’s Bitcoin perpetual futures, escalating regulatory tension in derivatives.
✦ Spanish Ex-PM Crypto Probe: Zapatero denies involvement in the Plus Ultra scandal as courts actively investigate his cryptocurrency holdings.
✦ Record BTC HODLing: K33 Research highlights that long-term holder supply has hit an all-time high, signaling the final stages of the bear market.
✦ CZ Reveals $2M Donation: Changpeng Zhao (CZ) disclosed $2M in private donations to "Prison Professors" over the past two years to fund inmate education in the US.
✦ The Bank of Japan raised its benchmark interest rate by 25 basis points to 1% marking the highest level since 1995 while Governor Ueda was hospitalized
✦ World Cup Day 5 featured major upsets as Cape Verde held Spain to a 0-0 draw and New Zealand secured a 2-2 draw against Iran in the United States
✦ China futures markets closed mostly lower with Methanol and Propylene dropping over 6% while stainless steel rose more than 2% against the trend
✦ Spain's National Securities Market Commission warned that virtual asset service providers must obtain MiCA authorization after the June 30 deadline
✦ Bitmine Immersion Technologies announced the acquisition of approximately 136 million USD in ETH funded through a new issuance of preferred stock
✦ Galaxy Digital’s research head says the SEC proposal to repeal Reg NMS order protection rules could remove a major obstacle for trading tokenized stocks in DeFi
✦ The European Central Bank raised its deposit rate by 25 basis points to 2.25% marking its first hike since 2023 due to inflation pressures from the Iran war
✦ South Korea’s Ministry of Economy and Finance announced that tokenized stocks will be treated as securities and potentially taxed as early as late 2026
✦ The 2026 World Cup officially kicked off in Mexico City with a performance by Shakira as Mexico and South Korea secured victories in their Group A openers
✦ ANZ Bank lowered its year-end gold price forecast to $5,200 per ounce from the previous $5,600 reflecting recent price movements in the precious metals market