Monday, June 29

Crypto

Italy’s CONSOB Warns Finfluencers on ESMA Crypto Risk Rules

Italy’s securities regulator, the Commissione Nazionale per le Societa e la Borsa (CONSOB), has amplified a new factsheet from the European Securities and Markets Authority (ESMA), warning social media finance influencers, or “finfluencers,” that European Union rules on investment recommendations…

Thailand Targets ‘Gray Money’ With Unified Gold and Crypto Oversight

Thailand has launched a campaign against so-called “gray money,” tightening oversight across physical gold markets and digital assets as part of an effort to close money-laundering loopholes, according to local reports.The push, reportedly ordered by Prime Minister Anutin Charnvirakul, brings…

Court Blocks Tennessee From Taking Action on Kalshi

A Tennessee federal judge has temporarily stopped state regulators from taking action against the prediction markets platform Kalshi, which had sued the state after being ordered to cease offering sports event contracts.In an order on Monday, Judge Aleta Trauger supported…

VanEck Predicts Risk-On Q1 2026 With Improved Fiscal Clarity

Global investment management firm VanEck is confident that the first three months of the year will be a risk-on environment for investors, citing clarity around fiscal policy, monetary direction, and major investment themes. “As we move into 2026, markets are operating…

Ex-NYC Mayor Eric Adams Launches Controversial Token

Eric Adams has made his first major public move since leaving the New York City Mayor’s Office, launching a New York City–themed crypto token aimed at addressing antisemitism and “anti-Americanism.”In a post to X on Monday, Adams announced the launch…

Tech Giants Must Pay Their Own Data Center Power Bills

US President Donald Trump has pledged to make major tech companies “pick up the tab” for their power usage to prevent everyday Americans from paying more for electricity. “I never want Americans to pay higher electricity bills because of data…

Meta Plans To Cut 10% Of Metaverse Division

Meta is reportedly set to lay off around 10% of staff from its metaverse arm this week, as the tech giant focuses its resources on artificial intelligence. Meta could announce the cuts as soon as Tuesday, the New York Times reported…

Ethereum Must Pass Walkaway Test to Be Self-Sustaining

Ethereum needs to get to a point where its value proposition remains even if developers stop active work on the protocol, according to its co-founder Vitalik Buterin.“We must get to a place where Ethereum’s value proposition does not strictly depend…

CFTC Forms Panel Regulating Blockchain, AI Innovation

US Commodity Futures Trading Commission chair Mike Selig has unveiled the agency’s new innovation committee, aimed at guiding the regulation of emerging technologies like blockchain and AI, which are transforming financial markets. The Innovation Advisory Committee replaces the Technology Advisory…

Bitmine Adds 24,000 ETH as Ethereum Treasury Tops 4.1M Tokens

Bitmine Immersion Technologies expanded its Ether holdings over the past week as its chairman urged shareholders to approve a proposal that would allow the company to further build its crypto treasury and staking operations.The company said it purchased 24,266 Ether…

Fitch Warns Bitcoin-Backed Securities Pose High Market Value Risk

Credit rating company Fitch Ratings has flagged a high degree of risk associated with Bitcoin-backed securities, a warning that could complicate the expansion of crypto-linked credit products among institutional investors.In a Monday assessment, Fitch said Bitcoin-backed securities, financial instruments typically…

‘Remains to be seen‘ Whether US will Seize Venezuela‘s Bitcoin

Paul Atkins, chair of the US Securities and Exchange Commission (SEC), didn’t rule out the possibility of authorities seizing Venezuela’s reported Bitcoin holdings after US forces unseated and captured the country’s president.In a Monday interview with Fox Business’ Stuart Varney,…

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