Crypto Cryptocurrency

Kevin Warsh is expected to be sworn in as chair of the US Federal Reserve on Friday following Senate confirmation amid growing debate over the future direction of US interest rates.

Revolut launched a Dogecoin-themed physical debit card that allows users to spend cryptocurrency through traditional payment networks across the UK and most European Union countries.

Cryptocurrency investment products recorded $1.07 billion in net outflows last week as geopolitical tensions and rising inflation triggered a broader retreat from risk assets.

Galaxy Digital secured a BitLicense and Money Transmission License from the New York State Department of Financial Services, expanding the company’s regulated crypto services for institutional investors in New York.

Coinbase helped UK authorities secure convictions against five individuals linked to a violent crypto kidnapping after tracing stolen digital assets in real time through blockchain forensics tools.

Bitcoin climbed back toward $77,000 after US President Donald Trump said he had halted a planned military strike on Iran following appeals from Saudi Arabia, Qatar and the United Arab Emirates.

Solana attracted increasing institutional finance and payments activity during the first quarter as Wall Street firms expanded tokenised asset and stablecoin infrastructure on the network despite weaker broader crypto markets.

The US Securities and Exchange Commission is reportedly preparing a new framework for tokenised securities trading platforms as Wall Street firms deepen efforts to move traditional assets onto blockchain infrastructure.

Bitcoin mining profitability declined sharply after the network’s latest difficulty adjustment increased mining difficulty by 3.12%, reducing miner revenue by 9.44% since May 14.

Minnesota signed legislation allowing state-chartered banks and credit unions to provide regulated cryptocurrency custody services from August 1, making it the first Midwestern state to establish a unified framework for both institutions.

KB Financial Group completed a pilot programme testing stablecoin-powered offline payments and cross-border remittances through the Kaia blockchain ahead of South Korea’s proposed digital asset framework.

Protect Progress, a political action committee affiliated with the crypto industry-backed Fairshake network, spent more than $4 million supporting Democratic candidate Jasmine Clark ahead of Georgia’s 13th Congressional District primary.