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Found 11109 news

  • Kalshi in early IPO talks with investment banks: Report
    Cointelegraph.com - 13:44 Jun 19, 2026
    The prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sports contracts face mounting legal scrutiny. Prediction market Kalshi is reportedly in early, informal talks with investment banks about an initial public offering (IPO), despite increasing regulatory scrutiny over sports betting contracts on these platforms. Kalshi is in early-stage talks to go public via an IPO after the platform surpassed $2 billion in annualized revenue, unidentified sources familiar with the matter told The Information, according to a Friday report. A spokesperson for Kalshi declined to comment on the matter. Read more
    Tags: Kalshi
  • Binance’s MiCA fight raises questions over ECB influence
    Cointelegraph.com - 13:38 Jun 19, 2026
    Lawyers say MiCA rules do not bar the European Central Bank from communicating with national regulators during the application process, though crypto licensing decisions remain with member states. Binance’s faltering European Union Markets in Crypto-Assets Regulation (MiCA) license application in Greece has raised questions about whether the bloc's central bank may have played an informal role in the process, despite not having formal authority over licensing decisions. Even though MiCA assigns approval of crypto-asset service provider (CASP) licenses to national competent authorities (NCAs), lawyers told Cointelegraph that its wording does not prevent other EU institutions, including the European Central Bank (ECB), from communicating with those regulators during the review process. “Nothing in the MiCA framework would prevent a third party like the ECB from offering its opinion to that national authority on Binance's application,” David Lesperance, founder at Lesperance & Associates, told Cointelegraph. Rea...
    Tags: Binance Mica
  • Ethereum faces core development funding crisis, former contributor warns
    Cointelegraph.com - 13:16 Jun 19, 2026
    The warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures. Former Ethereum Foundation contributor Trenton Van Epps warned that Ethereum is facing a core development funding crisis that will highlight the need for new funding sources in the next three to nine months. The former contributor wrote in a blog post on Thursday that the Ethereum Foundation's spending reduction and the expiration of the Client Incentive Program in April left the network's core development ecosystem requiring about $30 million in annual funding. Citing recent conversations with core development contributors, Epps said Ethereum risks entering a “slow-burning funding crisis." Read more
    Tags: Ethereum
  • BlockShoals lawyer clarifies Binance’s regulatory status in the Philippines
    Cointelegraph.com - 12:15 Jun 19, 2026
    BlockShoals’ head of legal said Binance can provide trading access under the Philippine SEC’s crypto framework, while peso transfers and other central bank-regulated services require a licensed VASP. Binance is allowed to provide crypto trading access to users in the Philippines through its arrangement with BlockShoals Technologies, but neither company is authorized to handle peso transfers or perform other activities regulated by the country's central bank, according to legal adviser Marie Antonette Quiogue. Quiogue, head of legal at BlockShoals, told Cointelegraph in an interview on Friday at Philippine Blockchain Week 2026 that Binance’s local operations fall under the Securities and Exchange Commission’s (SEC) crypto asset service provider (CASP) framework. She said BlockShoals serves as a crypto asset intermediary, introducing Philippine users to Binance’s global trading platform. The arrangement forms part of Binance's effort to reestablish a presence in the Philippines after regulators moved to restric...
    Tags: Binance Philippines BlockShoals
  • Bitcoin tipped for Q3 'macro bottom' near $50K as major liquidity grab looms
    Cointelegraph.com - 10:44 Jun 19, 2026
    Bitcoin market participants may be left in "complete disbelief" as the market reverses from a liquidity grab without another major leg lower, a trader predicted. Bitcoin (BTC) could reach its new “macro bottom” by September, as price action continues to surprise traders. Key points: Bitcoin may "front run" exchange order-book liquidity to produce a bear-market low between $50,000 and $60,000. Read more
    Tags: Bitcoin
  • Bitcoin activity nears record highs on microtransaction surge
    Cointelegraph.com - 09:16 Jun 19, 2026
    Near-record OP_RETURN usage is driving a surge in low-value Bitcoin transactions, pushing Bitcoin network activity close to all-time highs despite muted price action. Microtransactions below 0.01 Bitcoin (BTC) now account for roughly 80% of all daily transactions on the network, pushing transaction activity close to record highs despite weak price performance. The surge has pushed CryptoQuant’s Bitcoin “Network Activity Index” into positive territory for the first time since 2024, according to a Thursday report by the blockchain data company. Transactions below 0.01 BTC represented about 44% of all daily Bitcoin transactions in 2023, but their share has nearly doubled since then, fueled largely by Ordinals, Runes and other data-inscription protocols. Read more
    Tags: Bitcoin
  • Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
    Cointelegraph.com - 08:05 Jun 19, 2026
    Goldman Sachs revised its year-end forecast for gold to $4,900, indicating an increase from current levels, but less than previously expected. Goldman Sachs lowered its year-end gold forecast by $500 an ounce, citing expectations that the US Federal Reserve won’t cut interest rates this year. The revised target places gold at $4,900, down from earlier estimates of $5,400. It comes on the assumption that the next Fed cuts could be pushed to March 2027 and December 2027. “Our gold price views remain structurally constructive but tactically cautious, with near-term downside risk and medium-term upside risk,” Goldman Sachs commodity analysts Lina Thomas and Daan Struyven said, according to Bloomberg. Read more
    Tags: Goldman Sachs
  • AllUnity debuts SEKAU, a fully reserved Swedish krona stablecoin
    Cointelegraph.com - 07:00 Jun 19, 2026
    AllUnity launches Swedish krona-backed stablecoin SEKAU with multi-chain support, expanding its stablecoin portfolio regulated under the EU’s MiCA framework. Digital asset company AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued under the European Union's Markets in Crypto-Assets Regulation (MiCA). The new token operates as an e-money token under MiCA, according to a statement shared with Cointelegraph on Friday. It is backed by segregated Swedish krona reserves and targets institutional settlement and cross-border payments. The launch follows AllUnity’s Swiss franc stablecoin rollout, extending its multi-currency stablecoin strategy under the EU’s MiCA framework. Read more
    Tags: AllUnity SEKAU Swedish
  • Franklin Templeton files ETFs that turn stock dividends into Bitcoin exposure
    Cointelegraph.com - 06:00 Jun 19, 2026
    The proposed funds would allocate stock dividends to Bitcoin-linked investments, using a dividend reinvestment strategy to build crypto exposure over time. Global asset manager Franklin Templeton has filed for two exchange-traded funds (ETFs) designed to convert dividend income from US stocks into Bitcoin exposure, according to a June 18 filing with the US Securities and Exchange Commission (SEC). The proposed Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF would track indexes that systematically reinvest stock dividends into a Bitcoin allocation, creating a rules-based Bitcoin exposure alongside traditional equity holdings. According to the filing, the funds would launch with a 5% allocation to Bitcoin exposure and a 95% allocation to US equities. Under the index methodology, regular and special dividends from the stock holdings would be reinvested into the index's Bitcoin allocation, while quarterly rebalances would maintain the Bitcoin allocation within predefine...
    Tags: Franklin Templeton Bitcoin ETFs
  • Algorand plans ‘broad quantum resilience’ by 2027
    Cointelegraph.com - 05:51 Jun 19, 2026
    Algorand is planning new accounts and consensus mechanisms designed to be resistant to the cryptography-breaking threat of quantum computers. The layer-1 blockchain Algorand has released its plan to tackle the potential threat of quantum computing, with a roadmap to update the network’s infrastructure by the end of 2027. Algorand Foundation technology chief Bruno Martins said Thursday that the updates will aim to give the network broad quantum resilience, a threat it has been researching and preparing for several years. “Governments, standards bodies, and security experts around the world are already preparing for a future where quantum computers may break many of the cryptographic systems that protect today's digital infrastructure,” Martins said. Read more
    Tags: Algorand
  • Microsoft warns users of 'Crypto Clipper' malware spread via USB drives
    Cointelegraph.com - 05:33 Jun 19, 2026
    The malware blends data theft with remote code execution, “turning a financially motivated stealer into a lightweight backdoor,” Microsoft said. Microsoft Threat Intelligence is warning Windows users about a cryptocurrency clipper strain of malware transmitted via USB drives. The malware, which has been affecting users since February, steals clipboard data to extract wallet credentials using “high-frequency clipboard theft, screenshot exfiltration, and wallet-address substitution,” Microsoft said Wednesday. The crypto clipper also hides legitimate files and replaces them with lookalike shortcuts, so victims unknowingly execute malware while a worm component propagates automatically to USB storage devices. Read more
    Tags: Microsoft
  • US crypto ETFs are pulling Bitcoiners into TradFi: BlackRock's Jay Jacobs
    Cointelegraph.com - 04:16 Jun 19, 2026
    The merger of crypto, decentralized finance and traditional finance is being referred to as the “Great Convergence” at BlackRock. BlackRock’s spot Bitcoin exchange-traded fund has been a gateway for new investors to enter the wider ETF market, according to Jay Jacobs, US head of equity ETFs at BlackRock. Around three-quarters of investors in BlackRock’s iShares Bitcoin Trust ETF have never owned an ETF before, Jacobs told Cointelegraph on the Chain Reaction podcast Thursday. “IBIT was a way for traditional investors to now get into digital assets. But we have seen a lot of people really kind of enter into IBIT, starting with digital asset ETPs,” he said. Read more
    Tags: Jay Jacobs ETFs
  • Celsius’ Mashinsky gets permanent trading ban in CFTC settlement
    Cointelegraph.com - 02:33 Jun 19, 2026
    The US commodities watchdog has settled with Celsius founder Alex Mashinsky, ending the agency’s first-ever case against a crypto lending platform. The US Commodity Futures Trading Commission has resolved its action against Celsius Network founder Alex Mashinsky, permanently banning him from trading in markets the commodities regulator oversees. The CFTC said Thursday that a court consent order also bars Mashinsky from ever registering with the regulator and ends the enforcement action it first filed in 2023. “Mashinsky and Celsius engaged in a scheme to defraud hundreds of thousands of customers by mispresenting the safety, profitability, and regulatory compliance of Celsius’ digital asset-based finance platform,” the regulator said. Read more
    Tags: Mashinsky Celsius
  • Ether analysts predict another ‘selling wave’ as ETH struggles to overcome $1.7K
    Cointelegraph.com - 00:26 Jun 19, 2026
    Exchange inflows, slumping demand and a 31% drop in Ether futures open interest may signal that another wave of selling could hit ETH. Ether's (ETH) exchange and derivatives data turned weaker over the past month. Binance recorded net inflows of 57,700 ETH, while futures open interest fell to a year-low of $10.3 billion from $15 billion, and the ratio of leveraged positions retreated sharply from their early June highs. The combination of rising exchange supply, muted new participation, and declining futures activity has led ETH analysts to forecast another wave of selling pressure below $1,700. ETH inflows on Binance outpace new demand Read more
    Tags: Ether
  • Malta proposes DeFi rulebook covering DAOs under MiCA-era framework
    Cointelegraph.com - 22:04 Jun 18, 2026
    The Maltese regulator is seeking industry feedback on a legal framework for software-governed organizations, arguing that many DeFi projects are not fully decentralized. Malta’s financial regulator has issued a discussion paper outlining a potential legal framework for decentralized finance (DeFi), including recognition of decentralized autonomous organizations (DAOs), as European policymakers continue to grapple with how to regulate blockchain-based financial services. On June 12, the Malta Financial Services Authority (MFSA) opened a public consultation on DeFi under the European Union’s Markets in Crypto-Assets (MiCA) regulation. The paper invites industry feedback through July 10 and proposes a new legal category for so-called “software-based organizations,” which would encompass DAOs and other software-governed DeFi entities. Rather than treating DAOs as a standalone legal concept, the MFSA suggests recognizing them as a type of software-based organization, separating the legal framework governing the or...
    Tags: DeFi DAOs Malta
  • Bitcoin decouples from tech stocks: Is $60K BTC’s next stop?
    Cointelegraph.com - 21:58 Jun 18, 2026
    Bitcoin’s slump accelerated as capital rotated further into the AI sector, raising the odds of a BTC price drop below $60,000. Key takeaways: Bitcoin's sudden decoupling from a strong Nasdaq index highlights shifting capital flows into the AI sector. A strengthening US dollar and high Treasury yields are weighing heavily on non-yielding crypto assets. Read more
    Tags: Bitcoin
  • Ireland mulls crypto safeguards in response to financial risks
    Cointelegraph.com - 21:48 Jun 18, 2026
    For the first time in seven years, the Irish government released an assessment related to digital assets, noting risks from money laundering, terrorism financing, sanctions violations and bribery. The government of Ireland is taking aim at digital assets used in money laundering and terrorism financing as it moves to implement industry standards “relating to the acceptance of crypto-related activities as a source of funds” by the second half of 2027 as part of its policy priorities. In part of its implementation plan following a national risk assessment released on Thursday, the Irish department of finance said crypto assets presented “very significant” risks related to money laundering and terrorism financing. The government’s 2026 report was the first time in seven years that Ireland released a risk assessment related to digital assets, noting an increase in prosecutions related to money laundering and incidents of fraud in which using crypto was “particularly attractive” to criminal groups. Source: Governm...
    Tags: Ireland
  • US regulators push user ID requirements for stablecoin issuers akin to regulated banks
    Cointelegraph.com - 21:42 Jun 18, 2026
    The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms. Several US government agencies responsible for financial regulation have issued a proposed rule as part of the implementation of stablecoin-focused legislation, pushing for similar identification guidelines for issuers as banks under federal law. The Federal Deposit Insurance Corporation (FDIC), Federal Reserve, Office of the Comptroller of the Currency (OCC), National Credit Union Administration and the US Treasury’s Financial Crimes Enforcement Network (FinCEN) on Thursday proposed that stablecoin issuers be treated as regulated financial institutions in regard to verifying users’ identities. The proposed rule comes as part of the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law in July 2025. Source: Federal Register Read more
  • Custodia, Vantage propose token that toggles between bank deposits and stablecoins
    Cointelegraph.com - 21:02 Jun 18, 2026
    The proposed system aims to connect traditional banking infrastructure with blockchain-based payment networks with banks retaining customer deposits. Custodia and Vantage Bank have proposed a token that automatically switches between a bank deposit and a stablecoin as it moves between participating banks and external users. According to a white paper shared with Cointelegraph on Thursday, the token would operate as a deposit issued by a participating bank when held within a banking consortium and as a stablecoin backed by cash and short-term Treasurys when transferred outside the so-called Hazel network. The companies said the system has been running on Ethereum (ETH) since March and is being tested by participating banks ahead of a broader rollout planned for later this year. The platform is designed to support tokenized deposits, stablecoins and other blockchain-based financial assets through a shared banking infrastructure. Read more
    Tags: Custodia
  • Wealthsimple launches Kalshi-powered prediction market app for Canadian investors
    Cointelegraph.com - 20:07 Jun 18, 2026
    The offering follows regulatory approval earlier this year and comes as prediction markets face legal challenges from regulators, exchanges and policymakers around the world. Canadian fintech Wealthsimple is launching a prediction markets app powered by Kalshi, giving that country's retail investors access to thousands of event-based contracts following regulatory approval earlier this year. The standalone app, called Wealthsimple Predict, is scheduled to launch this summer and will offer Canadian users access to about 4,000 event contracts listed on Kalshi across categories including financial markets, economic indicators and climate. Source: Kalshi Read more
    Tags: Canadian Wealthsimple

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