US Housing Law Barring Fed CBDC Takes Effect Without Trump Signature

A bipartisan US housing bill, the 21st Century ROAD to Housing Act, has taken effect without President Donald Trump’s signature. The law includes a provision that bars the Federal Reserve from issuing a central bank digital currency, or CBDC. The bil

US Spot-Bitcoin ETFs Post $90.44 Million of Net Inflows

US-listed spot-Bitcoin exchange-traded funds recorded more than $90 million of net inflows in a single day. Data from SoSoValue on July 10 showed total daily net inflows into the US spot-Bitcoin ETF market of $90.44 million. BlackRock's spot-Bitcoin

US Justice Department Said to Seek Dismissal of Charges Against BitClub Founder in $722 Million Crypto Fraud Case

The U.S. Department of Justice is moving to drop charges against a BitClub Network founder accused in a $722 million cryptocurrency fraud case. Cointelegraph reported on July 10 that two people familiar with the matter said the office of Deputy Attor

Senate Democrats Seek Hearing on Trump Crypto Holdings

Senate Democrats are calling for hearings into potential conflicts of interest tied to President Donald Trump’s cryptocurrency holdings. Cointelegraph reported on July 10 that the top Democrats on five Senate committees and subcommittees sent a lette

[Exclusive] South Korea Says Tokenized Stocks Are Securities as Government Prepares Taxes

FSC Says Tokenized Stocks Qualify as Securities Finance Ministry Says Current Capital Markets Law Allows Immediate Taxation Dividend and Capital Gains Taxes Set to Apply South Korea’s Financial Services Commission has made clear that fast-growing tok

Hyundai Card, Hyundai Motor Complete Stablecoin Remittance Pilot Between Overseas Units

Hyundai Card and Hyundai Motor Co. have completed a proof-of-concept for remittances between overseas affiliates using stablecoins and have begun building infrastructure for a real-world rollout. Hyundai Card said July 9 that it completed the first p

Trump Says Iran Eager for Deal With US, Talks Paused for Funeral

President Donald Trump said Iran is eager to strike a deal with the US. Speaking at the America 250 Independence Day event at Mount Rushmore in South Dakota on July 3, Trump praised US military power. "We built the strongest military in the world, an

Revolut to Delist Tether, End USDT Support on Aug. 31

Revolut, Europe’s largest fintech company, will fully end trading support for Tether’s USDT, the world’s largest stablecoin by market value. Wu Blockchain reported on July 3 that Revolut recently notified users via app push alerts and email that it w

Bitcoin Realized Profit-Loss Ratio Drops to 43-Month Low in Potential Bottom Signal

Bitcoin's realized profit-loss ratio has fallen to its lowest level in 43 months, a reading that has historically coincided with market bottoms. CryptoQuant said July 3 that the ratio dropped to -0.35. The metric tracks the net share of Bitcoin suppl

SafePal Integrates Robinhood L2 Mainnet, Adds On-Chain Trading for Nvidia and Tesla

SafePal, a Web3 wallet platform, said July 3 that it has officially integrated Robinhood’s Layer 2 mainnet. The company said in a post on X that the integration allows SafePal users to instantly trade native tokens on the Robinhood chain through the

Solana Hits 30-Day High as Meme-Coin Revival, Tokenized Assets Boost Activity

Solana climbed to its highest level in 30 days, lifted by a revival in meme-coin trading and rapid growth in tokenized assets. SOL rose above $83 intraday on Binance's USDT market on July 3, reaching its highest level in a month. That contrasted with

US Spot-Bitcoin ETFs See Seventh Straight Trading Day of Outflows

US spot-Bitcoin exchange-traded funds posted net outflows for a seventh consecutive trading day, underscoring weakening investor sentiment. Data from SoSoValue showed 13 US-listed spot-Bitcoin ETFs logged combined net outflows of $444.51 million on J

Bitwise Stakes $114 Million in HYPE on Hyperliquid

Bitwise has deposited a large amount of capital into the Hyperliquid network, a decentralized derivatives exchange. Lookonchain said on June 26 that Bitwise deposited 1.775 million HYPE into Hyperliquid and staked the entire amount. The tokens were w

US Senators Press CFTC to Probe Polymarket Over Fake Profit Videos Targeting Young Users

Polymarket, the prediction-market platform, is facing intensifying pressure from US lawmakers and advocacy groups over claims it used manipulated betting results in deceptive marketing aimed at young people. The Wall Street Journal reported on June 2

Iran Revolutionary Guards Say US Strike on Sirik Island Was Repelled

The U.S. military launched a surprise airstrike on key military facilities in mainland Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz. Iran immediately disputed the operation, saying its forces repelled the attack, as m

After $360 Million Radish Exit, Seung-yoon Lee Makes Third Bet on AI Data With Toss

Lee’s New AI Venture, Poseidon Toss Becomes First AI Partner for Its 30 Million Users Numo Data-Collection Mini App to Be Integrated ‘We Will Lead the Physical AI Era’ Seung-yoon Lee, who sold web novel platform Radish to Kakao for about $360 million

ZetaChain to Offer Free AI Services to Users Staking ZETA Tokens

ZetaChain said June 25 that it will offer free artificial intelligence services to users who stake its ZETA token. The company introduced a feature that grants token stakers credits for access to Anuma AI. The service is linked to ZetaChain’s recentl

LucentBlock STO Rejection Sparks Political Fight as PPP Lawmaker Says Youth Startup Was Sacrificed for Big Business

Kang Seung-gyu, a lawmaker from the opposition People Power Party, criticized the Lee Jae-myung administration and Prime Minister nominee Han Seong-sook over LucentBlock’s failure to win approval to operate an over-the-counter exchange. He said the g

Crypto Enters Undervalued Zone as $200 Billion Tech Fundraising Threatens Liquidity

The cryptocurrency market has entered an undervalued zone, but tightening macroeconomic conditions and stagnant inflows of fresh liquidity are creating pressure from both sides, according to a report from crypto asset manager BitMine. In a report rel

Tom Lee Says Ethereum Crisis Risk Is ‘0%’, Rejecting Core Developer’s Warning

An Ethereum core developer has warned that the ecosystem is nearing a major institutional turning point, including the possibility of a protocol funding crisis. BitMine Chairman Tom Lee rejected that view on June 19, saying the odds of such a crisis

Sonic Labs Founders Including Andre Cronje Resign, S Token Falls 5%

Andre Cronje and other key founding board members at Layer 1 blockchain developer Sonic Labs have abruptly resigned. The leadership overhaul rattled the market, sending Sonic's native S token down about 5% from a day earlier. Sonic Labs announced on

Witkoff, Kushner Head to Switzerland as US-Iran Talks Stall

Senior advisers to US President Donald Trump are heading to Switzerland as Washington tries to revive stalled working-level talks with Iran. CNN reported on June 19 that Steve Witkoff, Trump’s special envoy, was traveling to Switzerland to restart ne

TFH’s Park Says World ID to Tackle Bots, Scalping as Korea Push Targets Real-World Use

Interview with Park Sang-wook, Korea head of Tools for Humanity Push accelerates to integrate World ID with Korean companies Focus is on ticketing solutions that block automated bots "We want to lead the mainstream adoption of a proof-of-human layer"

Neutrl Expands Yield-Bearing Stablecoin Model Built on Market-Neutral Strategies

Stablecoin protocol Neutrl is pushing to broaden the market for yield-bearing stablecoins with a model built on market-neutral strategies. The protocol centers its model on synthetic dollar stablecoin NUSD. Unlike traditional stablecoin yield structu

[Weekly Economic and Crypto Calendar] Fed Rate Decision in Focus

<Major economic events next week> ▶ June 15 (Mon.): U.S. May industrial production (10:15 p.m. Korea Standard Time) ▶ June 16 (Tue.): Bank of Japan rate decision (noon Korea Standard Time); U.S. ADP weekly employment change report (9:15 p.m. Korea St

SEC Approves T. Rowe Price Crypto ETF Holding Up to 15 Tokens

The U.S. Securities and Exchange Commission has approved the launch of a cryptocurrency exchange-traded fund that can hold as many as 15 tokens. Cointelegraph reported on June 13 that the SEC on June 12 granted final approval for the listing and trad

Humanity Says North Korea-Linked Hackers Behind H Token Breach

Humanity Protocol said a North Korea-linked hacking group was behind a recent major security breach that triggered a collapse in its H token price. The attackers used a sophisticated phishing campaign to seize critical permissions, then dumped a larg

CFTC Temporarily Allows Crypto Futures to Be Converted Into Perpetual Contracts

The US Commodity Futures Trading Commission has taken steps to ease the regulatory burden on exchanges offering perpetual cryptocurrency futures contracts. On June 12, the CFTC issued a no-action letter allowing designated contract markets, or DCMs,

Iran’s Revolutionary Guards Rule Out Sunday Deal Signing With US

Iran’s elite Islamic Revolutionary Guard Corps, or IRGC, ruled out signing an agreement with the US on Sunday and sharply criticized President Donald Trump. CNN reported June 13 that the IRGC formally denied speculation that Iran would sign an agreem

Kalshi, Polymarket Sue Kentucky Over Prediction-Market Tax, Call It Unconstitutional

Prediction-market platforms including Kalshi and Polymarket are mounting a joint challenge to Kentucky's tax measures. ABC reported on June 13 that the Fair Markets Coalition, whose members include Kalshi, Crypto.com and Polymarket, filed suit in Ken