The National Bureau of Investigation (NBI), in coordination with the Securities and Exchange Commission (SEC), arrested an SEC director for allegedly extorting funds from a private corporation. The …
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Bitcoin
Ripple Highlights Institutional XRP Demand as CME Launches 24/7 Crypto Futures
by Jason Scottby Jason ScottKey Takeaways CME’s 24/7 crypto derivatives launch provides institutions with regulated access to XRP futures around the clock. Ripple Prime provides clearing and financing infrastructure as professional traders …
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Bitcoin
Nobitex Sanctions Hit Iran’s Largest Crypto Exchange as Compliance Risks Grow – Bitcoin News
by Jason Scottby Jason ScottKey Takeaways OFAC sanctioned Nobitex and 3 Iranian exchanges on June 2, 2026. Nobitex handled over 50% of Iran crypto inflows in 2025, the Treasury said. Ramzinex processed …
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Bitcoin
Stablecoin Activity Surges to 49.7x Velocity as Crypto ETF Outflows Deepen
by Jason Scottby Jason ScottKey Takeaways Visa data shows stablecoin velocity hit a record 49.7x as $320B in supply gains utility. Bitcoin ETFs have lost $6.6B since Oct. 2025, with Blackrock IBIT …
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Bitcoin
Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve
by Jason Scottby Jason ScottKey Takeaways Coinbase invested in a money market fund designed for stablecoin reserve eligibility. The GENIUS Act is increasing focus on liquidity, transparency, and redemption support. ETF-based reserve …
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Key Takeaways The SEC put digital asset regulation at the forefront of its new policy agenda. The regulator views clearer crypto rules as part of a broader effort …
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Bitcoin
86% Long Liquidation Wave Exposes Bitcoin’s Breakdown Below $68K as ETF Pressure Builds
by Jason Scottby Jason ScottKey Takeaways Bitcoin hit an intraday low of $67,521 on Bitstamp as ETF outflows and liquidations hit traders. Strategy sold 32 bitcoin, adding pressure to BTC sentiment after …
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Bitcoin
60 Million Moneygram Users Gain Access to a Self-Custodial Dollar via Stellar Stablecoin – Bitcoin News
by Jason Scottby Jason ScottKey Takeaways Moneygram launched MGUSD on June 2, 2026, a self-custodial dollar stablecoin issued by Bridge (Stripe) on the Stellar blockchain. MGUSD gives Moneygram’s 60 million customers 24/7 …
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Bitcoin
Ripple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows
by Jason Scottby Jason ScottKey Takeaways Ripple released 1 billion XRP from escrow on June 1, continuing its monthly programmatic unlock. U.S. spot XRP ETFs drew $118.29 million in May, their strongest …
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Bitcoin
South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollarization
by Jason Scottby Jason ScottKey Takeaways On June 2, 2026, the SARB and FSCA declared that crypto assets and stablecoins are not legal tender. Wider adoption of crypto could risk NPS disruption …
