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...Continue Reading

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...Continue Reading

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...Continue Reading

Bitcoin analysis warned of “new lows” as Asia markets dropped up to 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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading

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...Continue Reading

“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...Continue Reading