By Olivia Stephanie from crypto.news Chainlink has joined Project Pangea, a bank-backed effort that aims to speed up foreign exchange settlement between Europe and South Korea. The group plans to test stablecoin-based settlement for currency trades that often still take two business days to clear. The project brings together Chainlink, FairSquareLab, UniKA and Qivalis. Chainlink’s
By Olivia Stephanie from crypto.news BlackRock has renewed its view that Bitcoin can sit inside some investment portfolios as a small complementary diversifier. The 1% to 2% range reflects risk limits BlackRock’s view does not present Bitcoin as a core holding for every investor. Its research says the asset still carries high volatility, unstable correlations
By Olivia Stephanie from crypto.news SEC Commissioner Hester Peirce, widely known in the digital asset industry as “Crypto Mom,” said she will leave the agency in November and join Regent University School of Law as an associate professor. Peirce confirms move to Regent Law Peirce has served as an SEC commissioner since January 2018. The
By Lawrence Mondal from Crypto News Bitcoin has climbed more than 2% to $63,770 after a ceasefire agreement between Israel and Hezbollah helped ease market fears and pushed oil prices toward an 8% weekly decline. According to crypto.news data, Bitcoin (BTC) price climbed 2.4% to an intraday high of $63,770 on June 20 before easing
By Rony Roy from crypto.news Custodia Bank and Vantage Bank have unveiled a tokenized payments model that has combined bank deposits and stablecoins into a single asset, with plans to make the network available to banks and customers in the fourth quarter of 2026. According to a white paper published on June 18, the proposed
By Lawrence Mondal from Crypto.News CME Group has filed a lawsuit against the U.S. Commodity Futures Trading Commission after the regulator approved crypto perpetual futures that have already generated more than $1 billion in trading volume. According to Bloomberg , the derivatives exchange sued the CFTC and its chairman, Michael Selig, arguing that the agency
By Lawrence Mondal from Crypto.News Morgan Stanley has updated its proposed Ethereum and Solana exchange-traded funds with a staking structure that would allow 95% of staking rewards to remain within the trusts while charging a 0.14% annual sponsor fee. According to amended S-1 registration statements filed by Morgan Stanley, both the Morgan Stanley Ethereum Trust
By Rony Roy from Crypto.news The People’s Bank of China said stablecoins could play a larger role in cross-border payments and called for closer monitoring of their impact on the international monetary system and global payment networks. According to remarks delivered by Wang Xin, director-general of the Research Bureau of the People’s Bank of China,
By Olivia Stephanie from crypto.news Strategy executive chairman Michael Saylor said Bitcoin does not need staking, inflation, or protocol-based yield to create returns for investors. Bitcoin should stay scarce and unchanged In a June 16 post on X, Saylor outlined a five-layer “Digital Asset Stack” built around Bitcoin and argued that “Bitcoin does not need
By Lawrence Mondal from crypto.news BlackRock’s Bitcoin income-focused ETF will begin trading on Nasdaq on June 16 after receiving regulatory approval from the U.S. Securities and Exchange Commission. According to Bloomberg ETF analyst Eric Balchunas, Nasdaq confirmed that BlackRock’s iShares Bitcoin Premium Income ETF, trading under the ticker BITA, would launch on Tuesday. The confirmation
