Category: Uncategorized

UK Treasury Starts Consultation on Five-Year Digital Securities Trial
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.

Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License
BitOasis said it’s working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.

Midday Mover: BNB, SOL Outperform as Bitcoin Clings to K
PLUS: Mantle Network is mulling a $200 million ecosystem fund for its new layer-2 blockchain.

Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20
Central bankers, wary of displacing their own fiat currencies, pointed to the past year’s prominent hacks and collapses.

UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June
The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire.

Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions
Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.

China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire Says
Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.

Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight
The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.

First Mover Asia: Individual Wallets Holding 1 Bitcoin Hit All-Time High as BTC Maintains K
PLUS: Binance.US has a free money problem, but there’s not enough trust in the platform to exploit it.

Bitcoin Falls Below K After Late Monday Surge
The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events.