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  • Spark migrates $150M in stablecoin to Uniswap to advance shared liquidity
    Cointelegraph.com - 13:00 Jun 25, 2026
    Spark deployed approximately $150 million across two Uniswap v4 pools on Ethereum, while its DualPool hook and Shared Liquidity Layer are planned for later phases. Decentralized finance (DeFi) protocol Spark has deployed approximately $150 million in stablecoin liquidity across two Uniswap v4 pools on Ethereum as part of a collaboration aimed at creating shared liquidity and exchange infrastructure for stablecoin issuers. A Spark spokesperson told Cointelegraph that the initial deployment is live in two pools pairing USDS with PayPal USD (PYUSD) and USDT, with USDS serving as the foundation. Spark described the deployment as one of the largest automated market maker (AMM) liquidity migrations in DeFi. “These pools represent the initial deployment of approximately $150 million of liquidity and establish the first phase of the Stablecoin FX Layer,” the spokesperson said. “This initial deployment focuses on bootstrapping shared liquidity on Uniswap v4.” Read more
    Tags: Uniswap SPARK
  • Binance faces EU service limits next week as MiCA rules take effect
    Cointelegraph.com - 12:21 Jun 25, 2026
    Binance will limit EU onboarding and services from July 1 under MiCA rules after failing to gain authorization from a member state, while withdrawals remain available for users. Binance has notified European Union users that access to key services will be restricted after the exchange failed to secure Markets in Crypto-Assets (MiCA) authorization from a member state before a July 1 deadline. Those restrictions include halting the onboarding of new EU users and limiting certain services for EU-based accounts effective July 1, according to exchange notices shared by users on social media. The notices said users will still be able to withdraw their assets after that date, stating that “all digital assets are still available for withdrawal,” in line with applicable regulatory requirements. Read more
    Tags: Binance Mica
  • Circle, Nomura eye Japan corporate FX with stablecoin settlement: Report
    Cointelegraph.com - 11:42 Jun 25, 2026
    Circle and Nomura are reportedly partnering to enable stablecoin-based foreign exchange settlement for Japanese companies as the country's regulated blockchain-based financial infrastructure expands. Stablecoin issuer Circle and Japan's largest investment bank Nomura have reportedly partnered to enable instant foreign exchange settlement for Japanese companies as early as 2027. The service would enable companies to convert yen into dollar-denominated stablecoins for cross-border transactions and instant settlement, reducing delays caused by banking hours and time zone differences, Nikkei reported on Thursday. The partnership would bring one of the world's largest dollar stablecoins into Japan's corporate foreign exchange market, expanding the use of stablecoins for business-to-business cross-border settlement. Read more
    Tags: Circle Nomura
  • Iran-linked entities moved $3.8B through CoinEx, TRM says
    Cointelegraph.com - 09:44 Jun 25, 2026
    TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange’s 8% share of illicit transactions was substantially higher than its counterparts. Wallets with identifiable links to sanctioned Iranian entities have moved over $3.84 billion through cryptocurrency exchange CoinEx since 2019, making it one of the main channels used to bypass US economic sanctions, according to blockchain analytics company TRM Labs. About 60 Iranian platforms were tied to the funds, with $2.7 billion of this flowing between CoinEx and Nobitex, Iran’s largest domestic cryptocurrency exchange, at an average rate of about $1 million per day since 2018, wrote TRM Labs in a Wednesday report. By 2024, CoinEx was Nobitex’s largest external counterpart, nearly nine times that of the next-largest exchange, a pattern that TRM Labs called “inconsistent with independent market behaviour.” Read more
    Tags: CoinEx
  • Indonesia sets certification rules for influencers recommending crypto
    Cointelegraph.com - 08:44 Jun 25, 2026
    Indonesia’s financial regulator will require influencers recommending crypto and other digital assets to hold relevant certifications as regulators worldwide tighten oversight of finfluencers. Indonesia’s financial regulator has introduced certification requirements for influencers who recommend crypto and other digital financial assets, as the country expands oversight of financial promotions on social media. Under Financial Services Authority Regulation No. 6 of 2026, announced Wednesday, individuals recommending digital assets must obtain competency certifications unless they are already subject to a separate licensing requirement. Influencers may recommend only digital assets listed on authorized exchanges, while any service provider they recommend must also be licensed. Marketing campaigns must be conducted through regulated financial services businesses, which are responsible for the promotional content, and distributed through their official communication channels. Read more
    Tags: Indonesia
  • Polish crypto exchange Kanga secures MiCA license in Latvia
    Cointelegraph.com - 08:24 Jun 25, 2026
    Poland-founded crypto exchange Kanga has secured a Class 3 MiCA license in Latvia, enabling EU-wide crypto services as Polish lawmakers debate framework's implementation. Kanga, a crypto exchange founded in Poland, said it has obtained a Markets in Crypto-Assets Regulation (MiCA) license in Latvia, allowing it to provide services across the European Union in accordance with the cross-border notification procedure under the framework. SIA AlphaRoute, operating under the Kanga Exchange EU brand, received a Class 3 MiCA license from the Bank of Latvia after its Supervisory Committee approved the authorization, according to a Wednesday statement shared with Cointelegraph. The license was granted on June 18 and authorizes the company to provide services, including crypto custody, trading and transfers, across the EU, said the exchange. Read more
    Tags: Latvia Polish Kanga Mica
  • US arbitration giant rolls out ‘legal layer’ for agentic commerce
    Cointelegraph.com - 06:26 Jun 25, 2026
    As agentic AI transactions increase, “we need to know there’s a clear answer to what happens if something goes wrong,” said Mance Harmon, co-founder of Hedera. The American Arbitration Association and a broad coalition of tech, crypto, and enterprise companies have launched the Legal Context Protocol, an open standard designed to add a legal layer to agentic AI transactions. The not-for-profit American Arbitration Association (AAA) announced LCP with Integra Ledger on Wednesday, aimed at addressing legal issues that could arise during agent-to-agent transactions. “The legal infrastructure that has supported e-commerce over the last 20 years… like click-throughs and terms of service — none of that translates... when agents are negotiating with other agents," said Bridget McCormack, the president and CEO of AAA, when talking about the protocol during a podcast in May. "There had to be some understanding about how legal context attaches to agentic transactions." Read more
  • House Democrats seek SEC answers on AI investment advisers
    Cointelegraph.com - 05:47 Jun 25, 2026
    House Democrats have questioned the SEC over trading platforms offering AI agent advisers making “consequential investment decisions on behalf of retail investors.” A group of Democratic US House lawmakers is questioning the US securities regulator over how it is overseeing investment advice and trading powered by artificial intelligence. In a letter to SEC Chair Paul Atkins dated Tuesday, the lawmakers said that platforms offering AI trading agents to retail traders “raises serious questions for investor protection, broker-dealer responsibilities, market integrity, and the accountability of AI developers.” “While such trading may initially be limited in scope, there are indications that agentic trading could expand to a broad range of additional products, including options, cryptocurrency, event contracts, and futures,” the lawmakers wrote. Read more
    Tags: House Democrats
  • Abracadabra takes emergency action as MIM stablecoin depeg worsens
    Cointelegraph.com - 03:22 Jun 25, 2026
    The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply. Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are taking emergency actions to remedy the situation,” the team said on Wednesday. It said effective immediately, it will begin gradually “increasing interest rates across all Cauldrons, including deprecated markets, to encourage debt repayment and reduce the outstanding MIM supply.” Read more
    Tags: Abracadabra
  • Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
    Cointelegraph.com - 02:23 Jun 25, 2026
    Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets. US-based prediction market platform Kalshi is reportedly in talks to raise funds at a $40 billion valuation, nearly doubling its $22 billion valuation in May. The company could close the new funding round as soon as the third quarter of this year, the Financial Times reported on Wednesday, citing people familiar with the matter. Kalshi closed a $1 billion Series F in May, led by Coatue Management, with participation from Andreessen Horowitz, Sequoia Capital, Morgan Stanley and Ark Invest. Its $22 billion valuation at the time was double the company’s $11 billion valuation in December and more than four times its $5 billion valuation in October. Read more
    Tags: Kalshi
  • HYPE down 22% from record highs: Will spot demand revive the uptrend?
    Cointelegraph.com - 22:08 Jun 24, 2026
    HYPE price drops near a key support zone where fading selling pressure collides with shrinking futures market activity. Will the altcoin resume its uptrend above $60? Hyperliquid's HYPE token is down 22% from its $75 all-time high, bringing its 2026 uptrend to a key test of support. Market participation has cooled across the derivatives markets, while the spot flows show early signs of stabilization after strong selling pressure in early June. The $50-$54 area now stands out as the most important support zone beneath current prices and the first major trend test since January. Spot selling begins to ease for HYPE Read more
    Tags: HYPE Will
  • FTX exec’s wife scheduled for November trial on campaign finance charges
    Cointelegraph.com - 21:07 Jun 24, 2026
    A Manhattan judge ordered that Michelle Bond’s criminal trial start in November after he denied a motion to dismiss the indictment based on claims that prosecutors misled her husband over her charges. Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who is serving a 7.5-year prison sentence after reaching a plea agreement with prosecutors, is scheduled to stand trial in November following delays stemming from motions related to her husband's plea deal. On Wednesday, Judge George Daniels in the US District Court for the Southern District of New York ordered a trial start date of Nov. 9 for Bond, who faces four charges related to campaign finance law violations. The proceedings came a week after the judge denied Bond's motion to dismiss the indictment, based on claims that prosecutors had promised Salame she would not be charged if she pleaded guilty. Bond’s case is one of the final criminal proceedings related to the collapse of cryptocurrency exchange FTX, which filed for bankruptcy i...
    Tags: November
  • Bitcoin nearly loses $59K as DXY surges: Are traders bracing for more pain?
    Cointelegraph.com - 20:58 Jun 24, 2026
    Bitcoin drops toward new 2026 lows as spot BTC ETF outflows and slowing accumulation from Strategy weigh on market sentiment. Key takeaways: Cooling oil prices and a multi-month high for the US dollar are keeping intense pressure on non yield-bearing assets. Spot Bitcoin ETF outflows paired with Strategy's slowest buying pace in 18 months signal short-term downside risks. Read more
    Tags: Bitcoin
  • Kalshi sues Illinois officials over prediction markets restrictions
    Cointelegraph.com - 19:34 Jun 24, 2026
    The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1. Prediction markets company Kalshi has filed a lawsuit against state officials in Illinois over legislation it says “expressly bans sports event contracts” on its platform. In a Tuesday filing in the US District Court for the Northern District of Illinois, Kalshi alleged that Illinois Governor JB Pritzker, Attorney General Kwame Raoul, and other officials on the state’s gaming board “usurped” the authority of the US Commodity Futures Trading Commission (CFTC) over prediction markets. Specifically, the company alleged that legislation signed into law last week in Illinois, requiring prediction market platforms to be licensed in the state to offer sports event contracts, violated federal law. Kalshi claimed that it would be “irreparably harmed” when the law, Illinois Senate Bill 3019, takes effect on July 1. Read more
    Tags: Illinois Kalshi
  • Crypto-backed candidates notch wins in three US state primaries
    Cointelegraph.com - 17:34 Jun 24, 2026
    The crypto-aligned Fairshake PAC and its affiliates spent a combined $8 million on media to support candidates in Maryland, New York and Utah amid pushback from many criticizing “crypto billionaires.”  Several Democrats and one Republican who were supported by more than $8 million worth of ads funded by cryptocurrency-aligned political action committees (PACs) won their respective US primaries on Tuesday, setting up their candidacies for the November election. Party primaries for US House of Representatives and Senate candidates in Utah, Maryland and New York resulted in wins for many aligned with crypto industry interests. PACs like Fairshake and its affiliates, largely backed by crypto companies Coinbase and Ripple Labs, spent a combined $8 million on media to support the candidates it considered likely in favor of digital asset policies for the next session of Congress. In New York, Democrat Ritchie Torres won a primary for the state’s 15th congressional district with 71.9% of the vote, while in Utah, Repu...
  • Bitcoin falls under $60K, but traders anticipate 15% bounce
    Cointelegraph.com - 17:06 Jun 24, 2026
    Bitcoin price dropped below $60,000 for the first time in weeks, but data shows traders betting on a relief bounce. Bitcoin (BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a "poor" lower high. Key points: Bitcoin price action edges closer to range lows, which traders still see holding. Read more
    Tags: Bitcoin
  • Bitcoin crash to $60K opens new $530M demand zone: Will bulls buy in?
    Cointelegraph.com - 16:21 Jun 24, 2026
    A $525 million Bitcoin buy wall intersects with a major liquidation zone, creating a key battleground between $60,500 and $65,000. Bitcoin (BTC) has fallen 3% over the past 24 hours, trading into a dense buy-side liquidity zone after slipping below $61,000. More than $525 million in buy bids initially stacked between $60,500 and $61,500 created a key area of demand as liquidation risk builds on both sides of the market. BTC's orderbook data shows concentrated liquidity pockets below $60,500 and near $65,000, placing liquidity flows at the center of Bitcoin's short-term price action. Bitcoin momentum weakens below $63,000 Read more
    Tags: Bitcoin
  • Credit unions managing $25B in assets join stablecoin infrastructure program
    Cointelegraph.com - 15:49 Jun 24, 2026
    A new pilot from Stablecore, Circuit and Curql gives participating US credit unions access to test stablecoin payments and other digital asset services. Stablecore, a digital asset infrastructure provider for financial institutions, has launched an early-access program for US credit unions, a move aimed at helping smaller lenders evaluate stablecoins and other blockchain-based financial services before broader adoption. The program announced on Wednesday is in collaboration with Circuit, a credit union service organization (CUSO) focused on research and development, and Curql, a fintech investment collective representing more than 160 credit unions. The initiative allows participating credit unions to test stablecoin and digital asset services, including stablecoin payments, tokenized deposits, Bitcoin (BTC), crypto on- and off-ramps and staking capabilities, before deciding whether to integrate them into their existing banking platforms. Read more
  • Binance withdraws Greece-filed MiCA application
    Cointelegraph.com - 15:47 Jun 24, 2026
    Binance said it plans to seek authorization in another EU jurisdiction just days ahead of the July 1 MiCA deadline, as unlicensed crypto firms are expected to wind down activities in the bloc. [Update 14:47 UTC, June 24: Updates with comments from Binance beginning in first paragraph.] Crypto exchange Binance is withdrawing its MiCA application with Greece's Hellenic Capital Market Commission (HCMC) and intends to pursue authorization in another member state just days before the deadline for EU licensing. “When we are ready to announce that Member State, we will do so publicly,” the company said in a statement on Wednesday. Read more
    Tags: Binance
  • Trump cancels signing of housing bill with CBDC ban
    Cointelegraph.com - 15:18 Jun 24, 2026
    The 21st Century ROAD to Housing Act included a provision that the US Federal Reserve was barred from issuing or creating a CBDC until 2030, but exempted certain stablecoins. US President Donald Trump cancelled the signing ceremony for a housing bill containing a ban on a central bank digital currency (CBDC) as he looked for Republicans in Congress to prioritize a controversial voting bill. In a Wednesday morning Truth Social post, Trump said that the signing for the 21st Century ROAD to Housing Act, passed by the US Senate and House of Representatives, would be cancelled “until such time as we pass the desperately needed SAVE America Act.” Source: Donald Trump Read more
    Tags: CBDC Trump

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