Monday, June 22

Business

South Korea Pushes Crypto Travel Rule Expansion

Financial regulators in South Korea are pushing for broader reporting requirements on crypto transfers to further align with global Anti-Money Laundering standards for digital assets.South Korea’s Financial Intelligence Unit (FIU) raised proposals to expand the…

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OpenAI Confidentially Files for US IPO

ChatGPT creator OpenAI has confidentially filed for an initial public offering in the US, becoming the third major AI company this year to set up plans for a Wall Street debut.OpenAI posted to X on Monday that it filed confidential…

ICAN pledges innovation, installs 62nd president

The Institute of Chartered Accountants of Nigeria has reaffirmed its commitment to innovation, transparency and institutional reform as it installed its 62nd President at a ceremony held on Tuesday in Lagos. The leadership transition took place at the ICAN Council…

Cooking gas scarcity persists despite fresh imports

Liquefied Petroleum Gas (cooking gas) retailers have raised the alarm over persistent supply shortages, saying fresh LPG shipments into the country have done little to improve availability as prices soar and consumers groan under rising energy costs. The retailers said…

Bybit Launches tokenized IPO Access with SpaceX Debut

Bybit is joining a growing list of crypto exchange platforms allowing eligible users to subscribe to tokenized shares in US initial public offerings at the offering price, beginning with a SpaceX listing through the xStocks framework.Kraken parent Payward Services’ xStocks…

TCN rejects claims of transmission grid constraints

The Transmission Company of Nigeria has pushed back against claims that the country’s transmission network is the major obstacle to improved electricity supply, insisting that the national grid currently has the capacity to wheel 8,700 megawatts of electricity, far above…

MetaMask Unveils Self-Custodial Wallet for AI-powered DeFi Trading

MetaMask launched a self-custodial cryptocurrency wallet that allows artificial intelligence agents to transact across decentralized finance protocols within user-defined spending and security controls.Users can connect the Agent Wallet to AI agent frameworks and authorize software agents to operate within protocol…

Tokenized RWAs Growth Bucks Crypto Slump as Stocks, Gold Lead Surge

Tokenized real-world assets (RWAs) remain one of the few bright spots in the cryptocurrency industry, even as macroeconomic headwinds and policy uncertainty weigh on markets in 2026, according to Binance Research.In its latest Monthly Market Insights report, Binance Research said…

Strategy Buys 1,550 Bitcoin, Expands Holdings to 845,256 BTC

[Update 18:15 UTC June 8: Adds outcome of Strategy shareholder vote on change in preferred stock dividend payments in sixth paragraph.] Strategy purchased 1,550 Bitcoin for approximately $101.3 million last week, bringing its total holdings to 845,256 BTC.The company paid…

Bitcoin Holder Accumulation Surged As Metrics Fell To Record Lows

Bitcoin’s (BTC) lowest-ever readings on the daily and two-week relative strength index (RSI) are coinciding with steady accumulation across several investor cohorts, strengthening what one analyst called the “best thesis” for buying BTC. Onchain data shows wallets holding 1,000–10,000 BTC added…

Bitcoin Takes Pressure Off ,000 as Bear Market Roadmap Continues

Bitcoin (BTC) approached intraday highs ahead of Monday’s Wall Street open, with $60,000 holding as key support.Key points:Bitcoin avoids another retest of $60,000 as Wall Street returns, but bear-market standards call for lower.A rebound to $64,000 is being watched for…

Bitcoin ETFs See .7B Weekly Outflows

Spot Bitcoin exchange-traded funds (ETFs) recorded about $1.72 billion in net outflows in the week ending June 5, according to SoSoValue data.The outflows extended the streak to four straight weeks of billion-dollar redemptions, dating back to the week ending May…

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