CryptoCryptocurrency

Coinbase has invested in ProShares’ GENIUS Money Market ETF, a Treasury-focused fund designed to hold assets that qualify as reserves for payment stablecoins under the GENIUS Act.

The US Securities and Exchange Commission has made digital assets a strategic priority through 2030, outlining plans to develop clearer rules for blockchain technology, tokenisation and crypto market infrastructure.

A House of Lords committee has warned that parts of the Bank of England’s proposed stablecoin framework could undermine the viability of pound-denominated stablecoins despite supporting the introduction of regulation.

The US Treasury Department sanctioned Nobitex, Iran’s largest cryptocurrency exchange, alongside Wallex, Bitpin and Ramzinex on June 2, escalating pressure on digital asset platforms accused of supporting Iran’s sanctions-evasion efforts.

XRP Ledger payment volume surged sharply in a single day, with more than 1.5 billion XRP transferred across the network.

Ripple released 1 billion XRP from escrow on 1 June under its long-running monthly unlock schedule.

Shinhan Financial Group has joined a coalition of major South Korean banks exploring a won-denominated stablecoin, intensifying competition over the future of digital payments in the country.

London-based OpenPayd has agreed to go public on Nasdaq through a merger with Titan Acquisition Corp in a deal valuing the fintech and payments infrastructure provider at $1.145 billion.

The Open Network has unveiled plans to rebrand its Toncoin token as Gram, reviving the original name used in the project's 2018 white paper and triggering a sharp rally in the cryptocurrency.

Crypto analyst Jake Claver has renewed attention on his "XRP Domino Theory", arguing that a series of global economic developments could eventually create conditions that favour XRP adoption within the financial system.

A newly identified cryptocurrency whale has accumulated 60.87 million WLFI tokens worth approximately $3.55 million, adding to signs of growing investor interest despite the token remaining in a prolonged downtrend.

Bitcoin dropped to its lowest level in nearly two months on Tuesday, extending losses as cryptocurrencies continued to lag behind a record-breaking rally in US equity markets.