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Found 11109 news

  • Chainlink joins European and Korean bank consortia to develop FX settlement network
    Cointelegraph.com - 15:45 Jun 23, 2026
    Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement. Chainlink has joined a working group with European and South Korean banking organizations to explore the use of stablecoins for foreign exchange (FX) settlement, underscoring how blockchain technology is increasingly being tested to modernize legacy financial infrastructure. On Tuesday, Chainlink announced Project Pangea alongside South Korean digital asset infrastructure company FairSquareLab, the Unified Korea Alliance (UniKA) — a consortium that includes more than a dozen Korean commercial banks — and Qivalis, a euro stablecoin consortium backed by 37 European banks. Project Pangea aims to bring together financial institutions across Europe and South Korea to evaluate direct, atomic swaps of euro- and South Korean won-denominated stablecoins using Chainlink’s data infrastructure alongside FairSquareLab’s onchain foreign exchange settlement technology. Read...
    Tags: Chainlink Korean European
  • Bitcoin teases $62K breakdown as analysis sees Micron earnings volatility next
    Cointelegraph.com - 15:15 Jun 23, 2026
    Bitcoin stayed volatile while bulls tried to preserve support at local lows while stocks prepared for Micron forward earnings and digested Asia losses. Bitcoin (BTC) stayed uncertain at Tuesday’s Wall Street open as US stocks responded to an earlier Asia tech sell-off. Key points: Bitcoin bulls attempt to avoid a deeper drop below local lows amid risk-asset volatility. Read more
    Tags: Micron Bitcoin
  • Bitcoin slump worsens amid SpaceX rout: Can BTC price hold $60K any longer?
    Cointelegraph.com - 14:38 Jun 23, 2026
    SpaceX’s $600 billion wipeout rattles tech markets, putting Bitcoin’s $60,000 support at risk as traders brace for a deeper BTC selloff. Bitcoin (BTC) has dropped over 8% from its June high near $67,255, putting the $60,000 support level back in focus. BTC/USD daily chart. Source: TradingView Key takeaways: Read more
    Tags: Bitcoin SpaceX
  • Why tokenized SpaceX shares broke before retail investors could buy them
    Cointelegraph.com - 14:30 Jun 23, 2026
    Tokenized SpaceX shares drew more than $1 billion in demand, but many investors received refunds instead. What went wrong? How the $1B SpaceX offering exposed crypto’s blind spot For retail investors shut out of private markets, tokenized SpaceX shares offered an unusual route into one of the world’s most coveted private companies. The blockchain-based tokens allowed investors to seek exposure without a conventional brokerage account and before any potential public listing. Then practical limits got in the way. Read more
    Tags: SpaceX
  • Kalshi adds India to growing list of restricted jurisdictions
    Cointelegraph.com - 12:40 Jun 23, 2026
    Kalshi has added India to its list of 55 restricted jurisdictions, months after Indian authorities warned VPN providers to stop facilitating access to these platforms. Prediction market Kalshi has added India to its list of restricted jurisdictions, according to a members' agreement document updated on Wednesday. The document now lists a total of 55 restricted jurisdictions whose residents are blocked from accessing the platform. India's Ministry of Electronics and Information Technology warned virtual private network (VPN) providers in April to stop facilitating access to “illegal and blocked online betting and prediction market platforms.” Read more
    Tags: Kalshi India
  • EU committee advances digital euro bill after key vote
    Cointelegraph.com - 12:24 Jun 23, 2026
    EU lawmakers backed rules for an offline and online digital euro, with privacy safeguards, holding limits and no interest payments. The creation of an EU-issued digital euro moved a step closer Tuesday after a key European Parliament committee vote. The EP's Economic and Monetary Affairs Committee (ECON) approved its position on the digital euro package with a 43–14 vote, according to an official announcement on Tuesday. Fernando Navarrete Rojas, a member of the European Parliament (MEP), said the package “protects citizens’ freedom to choose how they pay,” adding that the digital euro would “complement cash, never replace it.” Read more
  • Former BIS chief softens stance on stablecoins, backs coexistence with fiat
    Cointelegraph.com - 12:06 Jun 23, 2026
    Former BIS general manager Agustín Carstens said stablecoins can enhance financial inclusion and innovation but stressed the need for global regulatory frameworks to enable coexistence with fiat money. Agustín Carstens, former general manager of the Bank for International Settlements (BIS) and a member of the Global Finance & Technology Network's international advisory board, praised stablecoins for their ability to promote financial inclusion and innovation. “I have come to appreciate what stablecoins can do to promote financial innovation, inclusion and to reduce costs,” said Carstens during a welcome address at Point Zero Forum on Tuesday. “We should try to establish conditions where we can live with fiat money and stablecoins.” The remarks reflected a softer stance on stablecoins than Carstens took during his time at the BIS, when he was among the most prominent crypto critics. In a January 2022 speech, he said that stablecoins may not function as “sound money” because issuers have incentives to invest re...
    Tags: Former
  • Binance’s Yi He warns of alleged impersonation scam, CoinUp denies ties
    Cointelegraph.com - 10:30 Jun 23, 2026
    Binance co-founder Yi He warns of an alleged impersonator referred to as “Zhu Pan” in Chinese-language posts as CoinUp distances itself from the individual. Binance co-founder Yi He has warned against an alleged scammer and impersonator, prompting the crypto derivatives trading platform CoinUp to issue a statement distancing itself from the individual. Binance’s He took to X on Monday to warn against the individual referred to as “Zhu Pan,” whom she said had impersonated her in failed scam attempts, urging users to spread awareness. The comments were made in response to a widely shared Chinese-language X post that alleged CoinUp was linked to the individual, claims CoinUp later disputed. Read more
    Tags: Binance CoinUp
  • Bitcoin gets new $54K warning as BTC price hits 11-day low on Asia tech sell-off
    Cointelegraph.com - 10:23 Jun 23, 2026
    Bitcoin analysis warned of "new lows" as Asia markets dropped as much as 10% and BTC price action dipped below $62,000 for the first time in nearly two weeks. Bitcoin (BTC) neared two-week lows on Tuesday as Asia stock markets pulled back on a tech sell-off. Key points: Bitcoin heads lower with Asia equities as "unprecedented inflows" become a tech-driven rout. Read more
    Tags: Asia Bitcoin
  • THORChain resumes trading more than month after $10M exploit
    Cointelegraph.com - 10:00 Jun 23, 2026
    THORChain resumed all network activity after implementing multiple security upgrades and a vault migration to fix the vulnerabilities that led to the $10.7 million exploit. THORChain has resumed activity after over a month of security verifications and upgrades, following a $10.7 million exploit that prompted a trading halt on May 15. In a Tuesday X post, THORChain said it restored its network, including trading, signing, swaps and liquidity provider actions. On Sunday, the protocol said it had confirmed the safety of most of its vaults through the KeyVerify protocol and retired the remaining legacy vaults as part of a migration to a new set of vaults. THORChain called the upgrade the “most significant milestone” in its recovery process. It also said it completed verification of every node's keyshare on Friday. Read more
    Tags: THORChain
  • Ripple gains preliminary MiCA license ahead of July 1 EU deadline
    Cointelegraph.com - 08:47 Jun 23, 2026
    Ripple secures preliminary CASP approval in Luxembourg ahead of July 1 MiCA deadline as companies race for EU crypto licensing. Luxembourg's financial regulator granted Ripple preliminary approval for a crypto asset service provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said Tuesday. Ripple said in a statement that the approval, once finalized, would allow it to offer regulated crypto services to banks, fintechs and other businesses across all 30 countries in the European Economic Area (EEA) through a single regulatory passport. The move builds on Ripple's existing Electronic Money Institution (EMI) license in Luxembourg, which allows it to provide regulated cross-border payments and electronic money services across the EEA. The update comes just days before the July 1 transitional deadline, when EU countries begin fully applying MiCA rules. Read more
    Tags: Ripple July Mica
  • Opera's MiniPay launches Visa debit card for stablecoin spending
    Cointelegraph.com - 06:00 Jun 23, 2026
    The card will allow MiniPay's 16 million users to spend stablecoins through Visa's network as adoption of digital dollars grows across emerging markets. MiniPay has launched a Visa debit card that allows users in selected markets across Africa, Latin America, Southeast Asia and Europe to make purchases using stablecoins. According to Tuesday's announcement, the card is powered by Gnosis Pay's infrastructure, enabling users to pay directly from their MiniPay wallets while merchants receive local currency through Visa's network. MiniPay said it has grown to more than 16 million activated wallets across 65 countries since launching in 2023, with much of its adoption concentrated in Africa and other emerging markets. Read more
    Tags: Visa MiniPay
  • Ethereum Foundation sacks 20% of workforce amid strategic restructuring
    Cointelegraph.com - 06:00 Jun 23, 2026
    The Ethereum Foundation fired 54 employees and unveiled a new organizational structure as Vitalik Buterin said the group plans to reduce its budget by roughly 40%. The Ethereum Foundation (EF) has laid off 54 employees, roughly 20% of its workforce, as part of a major organizational restructuring. According to a blog post published Tuesday, the EF will reorganize around five specialized clusters covering protocol, access, user, community and institutional work. The Foundation said the changes are intended to concentrate resources on Ethereum's long-term technical priorities, including scaling, privacy, security and censorship resistance. Under the new structure, separate teams will oversee Ethereum's core protocol, user access tools, community engagement and work with institutions, while management and operations functions remain organized independently. Read more
  • US Senate passes housing bill with CBDC ban until 2030
    Cointelegraph.com - 05:58 Jun 23, 2026
    The Senate voted 85-5 to pass a major housing affordability bill that includes a ban on the Federal Reserve making a central bank digital currency until 2030. The US Senate has passed housing legislation that includes a ban on the Federal Reserve creating or working on a central bank digital currency (CBDC) until 2030, which is expected to be quickly taken up and passed by the House. The Senate on Monday voted 85-5 to pass the 21st Century Road to Housing Act, which aims to increase the housing supply after a bipartisan group of House and Senate leaders reached a deal last week to move forward with the legislation. The bill has included a CBDC ban since the Senate first passed a version of the bill in March, which outlines that the Fed may not, directly or indirectly, “issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency.” Read more
    Tags: CBDC Senate
  • Crypto lobby urges Congress to pass staking and mining tax bill as is
    Cointelegraph.com - 05:01 Jun 23, 2026
    A trio of crypto lobby groups says a bill allowing staking and mining rewards to be taxed when they’re sold should be passed without further amendments. A group of crypto lobbying organizations has urged Congress to pass a bill on crypto staking and mining taxes without changes, saying it would provide clarity on crypto rewards taxes and ensure blockchains “can be secured by Americans in America.” The Blockchain Association, the Crypto Council for Innovation and The Digital Chamber said in a letter on Sunday to House Ways and Means Committee Chair Jason Smith and its top Democrat, Richard Neal, that the Tax Clarity for Mining and Staking Act should be passed “as introduced.” “After years of uncertainty about how mining and staking rewards are taxed, the bill provides a durable compromise that innovators can support while addressing concerns raised by some lawmakers,” the group wrote. Read more
    Tags: Congress
  • Trump signs orders for quantum computer, cryptography upgrades
    Cointelegraph.com - 04:57 Jun 23, 2026
    “We’re going to be investing in American quantum leadership like never before to stay ahead of the pack,” says US President Donald Trump. US President Donald Trump signed two executive orders on Monday to push to build a quantum computer and to focus on creating cryptography that can resist quantum attacks. The orders aim to take a “cohesive, whole-of-government approach” to accelerate the deployment and commercialization of quantum computing and “protect sensitive technologies and work with allies to ensure adversaries cannot use QIST [Quantum Information Science and Technology] to undermine national security.” The orders come as China ramps up its quantum computing ambitions following the announcement of its “Five-Year Plan” in March, which aims to expand investment in scalable quantum computers and the development of an integrated space-earth quantum communication network. Read more
  • Bitmine, Sharplink and Joe Lubin back Ethereum R&D nonprofit
    Cointelegraph.com - 03:21 Jun 23, 2026
    Sharplink says the new nonprofit, Ethlabs, “exists to ensure the network is ready to absorb” the demand that institutions will place on it with stablecoins, tokenization and AI. Former Ethereum Foundation contributors and Ether treasury firms Bitmine and Sharplink have backed a new research and development nonprofit that aims to make Ethereum ready for institutional use. Sharplink said on Monday that the organization, Ethlabs, was formed to “ready Ethereum for the next phase of institutional adoption,” with the company pitching in with Bitmine, Ethereum co-founder Joe Lubin and other Ethereum contributors on its funding effort. “As stablecoins, tokenized real-world assets, funds and autonomous AI commerce move on-chain, they are converging on Ethereum as the neutral, credibly permissionless settlement layer for the global economy,” Sharplink said. “Ethlabs exists to ensure the network is ready to absorb that demand at scale.” Read more
    Tags: Ethereum SharpLink BitMine Joe Lubin
  • Bitcoin funding rate hits 2-week high: Is $70K next?
    Cointelegraph.com - 22:15 Jun 22, 2026
    Bitcoin’s funding rate and orderbook setup signal investor optimism, but ETF outflows and macro red flags could limit BTC’s short-term upside. Key takeaways: The Bitcoin funding rate climbed to 7%, showing confidence, but spot ETF outflows keep a $70,000 breakout on hold for now. Strong order-book bids and lower oil prices helped, but weakness across stocks, bonds, and gold signals a preference for cash. Read more
    Tags: Bitcoin
  • Franklin Templeton launches dedicated crypto division after closing 250 Digital acquisition
    Cointelegraph.com - 20:36 Jun 22, 2026
    The new unit arrives amid rapid growth in tokenized assets, with Franklin Templeton's onchain product suite expanding from roughly $768 million to more than $2.5 billion over the past year. Global asset manager Franklin Templeton has completed its acquisition of crypto asset manager 250 Digital, closing a deal first announced in April and expanding its digital asset business with a new division focused on cryptocurrency investing. As part of the transaction, Franklin Templeton absorbed 250 Digital's investment team and cryptocurrency strategies into a newly created division called Franklin Crypto. The unit will be led by former 250 Digital executives Christopher Perkins and Seth Ginns alongside Franklin Templeton digital assets executive Tony Pecore. The acquisition follows CoinFund's decision earlier this year to spin out its liquid strategies business into 250 Digital as the crypto investment firm sharpened its focus on venture investing. Read more
    Tags: Franklin Templeton Digital
  • New York, Maryland and Utah to hold primaries with crypto PAC money hanging over voters
    Cointelegraph.com - 19:57 Jun 22, 2026
    Crypto-backed PACs disclosed spending more than $8 million on media to support candidates in three US states, as some Maryland Democrats have called on one candidate to reject “outside spending from crypto billionaires.” Political action committees (PACs) backed by cryptocurrency companies and aligned interest groups have bet more than $8 million to support candidates in Tuesday’s primaries across three US states, which could impact the makeup of the country’s Congress in 2027. As of Monday, the Protect Progress PAC, an affiliate of Fairshake that supports Democratic candidates, reported spending more than $516,000 on media for April McClain Delaney, running in Maryland’s 6th congressional district. However, much of the PAC’s attention has been focused on two races in Maryland and New York, where it reported combined expenditures of more than $5.5 million and $1.4 million, respectively, for primary races in the states’ 5th and 15th congressional districts, for Adrian Boafo and Ritchie Torres. Filings with the...
    Tags: New York Maryland

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