CryptoCryptocurrency

Public Citizen reported that cryptocurrency companies have contributed US$189 million to the 2026 US election cycle, representing about 37% of all corporate political contributions recorded so far.

Cybrid reported that 88% of surveyed businesses are likely to use stablecoins within the next 12 months, while 42% already use them for cross-border payments and only 2% remain committed to traditional payment rails.

The US Securities and Exchange Commission (SEC) has opened a 60-day public consultation on whether existing rules adequately regulate exchange-traded funds using new asset classes and investment strategies.

Open Standard announced the Open USD stablecoin project, backed by more than 140 financial and crypto companies, with businesses able to mint tokens without fees or volume limits while retaining earnings from reserve assets.

XRP (CRYPTO:XRP) was trading at US$1.05, down 6% on the week and remaining below key resistance levels.

Binance Alpha, the early-access token discovery platform run by Binance (CRYPTO:BNB), has announced it will delist eight digital assets from its recommended list on 30 June 2026 at 18:30 (UTC+8).

Azerbaijan has proposed legislation requiring all cryptocurrency businesses to obtain a licence from the Central Bank of Azerbaijan before providing virtual asset services in the domestic market.

XRP (CRYPTO:XRP) traded near US$1.04 after recovering from a 19-month low of about US$1.01, while new wallet creation on the XRP Ledger rose to 4,941 in a single day, its highest level in more than three months.

Ionic Digital has filed with the US Securities and Exchange Commission for a direct listing on the Nasdaq, allowing existing shareholders, including former Celsius Network creditors, to sell up to 10.8 million Class A shares under the proposed ticker IOND.

Binance said it now spends about US$300 million a year on compliance after expanding its compliance workforce to nearly 1,500 employees and increasing investment in fraud detection, investigations and artificial intelligence monitoring.

The US Supreme Court ruled 5-4 that President Donald Trump cannot, for now, remove Federal Reserve Governor Lisa Cook, preserving the central bank's current leadership as Bitcoin (CRYPTO:BTC) traded below US$60,000.

Australia will begin enforcing its cryptocurrency travel rule on 1 July, requiring users of regulated crypto exchanges to provide additional information for all incoming and outgoing cryptocurrency transfers as part of new anti-money laundering requirements.