By Samuel Msiska from Crypto News The EU’s 18-month grace period for crypto firms is closing, and the Markets in Crypto-Assets (MiCA) framework enters full enforcement on July 1, 2026. According to ESMA, crypto-asset service providers (CASPs) that keep serving EU clients without a MiCA licence after the deadline will be in breach of EU
StablecoinX hits Nasdaq as Ethena’s USDe supply keeps shrinking By Olivia Stephanie from Crypto.news StablecoinX has completed its merger with TLGY Acquisition Corp., giving the Ethena-focused stablecoin infrastructure firm a Nasdaq listing under the ticker USDE. ENA treasury anchors the plan StablecoinX said it holds about 3.029b Ethena governance tokens, worth about $275m based on
BitGo cuts nearly 15% of staff as AI and stablecoins take priority By Olivia Stephanie from Crypto.news BitGo Holdings has cut nearly 15% of its workforce as the crypto infrastructure firm redirects resources toward security, trading, stablecoins, settlement and AI-powered infrastructure. BitGo CEO says cuts are one-time The company has not confirmed the exact number
By Olivia Stephanie from crypto.news Ripple and SBI Group have launched Ripple USD, known as RLUSD, in Japan after approval from the Japan Financial Services Agency. Ripple targets payments and tokenization Ripple has positioned RLUSD as a dollar stablecoin for payments, tokenized assets, and collateral use. The company said RLUSD has reached $1.7 billion in
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
