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...Continue Reading

The exchange’s Philippine return relies on an SEC sandbox arrangement that BlockShoals says permits trading access without a local VASP license. 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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading