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  • Starmer steps down: What Andy Burnham means for crypto in the UK
    Cointelegraph.com - 22:00 Jun 23, 2026
    Burnham brings a dose of optimism to the UK crypto industry, having previously supported the blockchain industry as mayor of Manchester. Amid waning poll numbers and pressure from inside the Labour Party, Prime Minister Keir Starmer has stepped down. During Starmer’s tenure, the government introduced a moratorium on cryptocurrency donations to political campaigns, citing concerns that crypto could become a vector for foreign influence in UK elections. Beyond the ban, the UK has charted a cautious path on crypto regulation under the Labour government. Starmer’s departure from Number 10 has started discussions about his successor. A frontrunner has emerged in Andy Burnham, a member of parliament for Makerfield and former Mayor of Greater Manchester. Read more
    Tags: Starmer
  • Mark Zuckerberg ordered Meta staff to develop moneyless prediction market: NYT
    Cointelegraph.com - 21:01 Jun 23, 2026
    The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place wagers using a points system rather than money. Meta CEO Mark Zuckerberg has reportedly directed his staff to create a prediction markets mobile app called “Arena” in what could become a challenge to platforms like Kalshi and Polymarket. According to a Tuesday New York Times report citing two employees with knowledge of the matter, Zuckerberg ordered the development of the prediction markets app that would allow users to place wagers using a points system rather than money. The app will reportedly function independently of Meta’s existing platforms, including Facebook and Instagram. The news outlet said insiders described the effort as experimental but a top priority for the company. If launched, it could challenge Kalshi’s and Polymarket’s market share for prediction markets, with Meta reporting its apps drew in 3.56 billion users daily as of March. Read more
    Tags: Meta
  • Crypto isn't the problem with the US economy, says senator
    Cointelegraph.com - 19:49 Jun 23, 2026
    Louisiana Senator John Kennedy largely dismissed what he called the “promotion” of cryptocurrency by the Digital Chamber CEO Cody Carbone in a Senate hearing on affordability. Cody Carbone, CEO of the cryptocurrency advocacy group The Digital Chamber, received a largely muted response to his testimony at a Senate Banking Committee hearing on affordability. In a Tuesday hearing titled The Affordability Agenda, Carbone said that the digital asset industry could help solve affordability problems in the United States, including through faster and cheaper transactions, putting “competitive pressure” on existing payment systems, and reducing barriers to “owning and transferring assets.” However, the majority of lawmakers present did not question Carbone directly or inquire about digital assets, with the exception of Indiana Senator Jim Banks and Louisiana Senator John Kennedy. Banks asked the Digital Chamber CEO about the costs related to foreign remittances compared to US dollar-pegged stablecoins, while Kennedy l...
  • Multi-year Bitcoin holder selling falls to 19-month low as halving model flags new market bottom date
    Cointelegraph.com - 19:09 Jun 23, 2026
    OG Bitcoin holders' spending dropped to a 19-month low, as market cycle indicators point to September as a potential market bottom. Bitcoin (BTC) holders who acquired their coins more than five years ago have cut spending to a 90-day average of 962 BTC, the lowest level since November 2024, according to CryptoQuant data. The slowdown follows three major spending peaks over the past two years, including a high of 3,860 BTC in May 2024. At the same time, BTC analysts said that market and profitability indicators are converging in the second half of 2026, putting a new timeline of a potential Bitcoin bottom. Bitcoin “OG” holders step back Read more
  • Zcash miner Fortitude gets Nasdaq listing via HeartSciences merger
    Cointelegraph.com - 18:05 Jun 23, 2026
    The all-stock deal gives Fortitude a Nasdaq listing while HeartSciences retains its healthcare business and existing shareholders keep a minority stake. Zcash miner Fortitude Mining Holdings is set to merge with medical technology company HeartSciences in a deal that will allow Fortitude to become publicly traded without pursuing a traditional initial public offering. The all-stock transaction announced Tuesday will see Fortitude’s management team assume control of the combined company, which will operate under the Fortitude name and is expected to trade on Nasdaq under the ticker symbol TUDE, subject to regulatory approval. Existing HeartSciences shareholders will retain a minority ownership stake. HeartSciences CEO Andrew Simpson hinted at the rationale behind the transaction, saying it would free the company from “the constant cycle of raising capital” while providing what it believes is the best path forward for shareholders. Read more
    Tags: Nasdaq HeartSciences Zcash Fortitude
  • CFTC chair says perp trading not suitable for all assets it regulates
    Cointelegraph.com - 16:54 Jun 23, 2026
    Michael Selig told US cotton producers that the agency’s regulatory approach to crypto perpetual futures may not be a “natural fit for traditional commodity markets, like agriculture.” Commodity Futures Trading Commission (CFTC) Chair Michael Selig on Tuesday acknowledged fundamental differences in the traditional commodity markets it has long regulated and its more recent role overseeing aspects of the cryptocurrency and blockchain industry. He told the American Cotton Shippers Association Annual Convention that considering the agency's roots in overseeing asset classes that range from corn to hog bellies, the perpetual contracts tied to digital assets weren’t “suitable for all asset classes, especially in products like agriculture.” “We fully recognize and understand that 24-7 trading and the perpetual model is not a natural fit for traditional commodity markets, like agriculture, that observe limited trading hours and rely on physical delivery,” said Selig. Read more
    Tags: CFTC
  • CBOE weighs converting BTC, ETH continuous futures into perpetual futures: Report
    Cointelegraph.com - 16:23 Jun 23, 2026
    As US regulatory changes accelerate the adoption of crypto perpetual futures and rivals Coinbase and Kalshi expand their offerings, Cboe mulls a product overhaul. The Chicago Board Options Exchange (CBOE) is considering converting its continuous Bitcoin and Ether futures into perpetual futures, a move that would position the exchange to compete in one of crypto’s fastest-growing derivatives markets following recent regulatory changes in the United States. The Wall Street Journal on Tuesday reported that CBOE’s global head of derivatives, Rob Hocking, said the exchange is exploring the conversion after the US Commodity Futures Trading Commission (CFTC) approved cryptocurrency perpetual futures for prediction market Kalshi and outlined a regulatory pathway for other registered US exchanges to offer similar products. Hocking did not provide a timeline for the potential conversion or explain what benefits it would bring to CBOE. The exchange launched its continuous Bitcoin (BTC) and Ether (ETH) futures last Decem...
    Tags: Cboe
  • 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

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