By Olivia Stephanie from Crypto.news The International Monetary Fund has said tokenization could change how financial markets settle trades, manage payments, and record ownership. In a July 2 blog post , Tobias Adrian, the IMF’s financial counselor and director of the Monetary and Capital Markets Department, said policy choices made now will decide whether tokenized
By Olivia Stephanie from Crypto News Share France has recorded 77 cases of kidnapping, unlawful detention, extortion, or attempted crimes linked to the crypto sector so far this year, according to Interior Minister Laurent Nuñez. The figure marks a rise from 45 cases in 2025, as officials move to strengthen protection for digital asset industry
By Olivia Stephanie from Crypto.News Australia’s crypto travel rule comes into force on July 1, adding new data checks for users who send or receive digital assets through regulated exchanges. Exchanges must collect transfer details AUSTRAC’s transitional rules say some obligations for new virtual asset services were deferred until July 1, including travel rule obligations
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
