
UK Lords warn BoE could regulate pound stablecoins into irrelevance
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.

A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.

Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI.

The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.

The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.

The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets.

Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery.

The integration gives fintech and institutional platforms a new pathway to evaluate DOGE amid signs of slowing crypto adoption.

Many Democratic lawmakers have said that they will not support any version of a crypto market structure bill without provisions on ethics to address potential conflicts of interest by elected officials.

The Brussels-based digital asset services firm plans to purchase BlockFills months after the Chicago-based company filed for Chapter 11 bankruptcy, if a court approves.

Bitcoin’s sharp volatility decline coincides with a 114-day trading range, setting the stage for a potential 10% to 20% price move, but the direction remains uncertain.

Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.

Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their popularity will soon fade.

Strategy could be set to announce it has resumed buying Bitcoin after pausing in recent weeks as the biggest crypto looks poised to close out the month down more than 3.5%.

NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

Rep. French Hill, head of the House Financial Services Committee, weighed in on outstanding policy issues in an interview with CoinDesk last month.

While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”

The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president’s desk.

The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.

Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.

The seizure, falling under “Operation Economic Fury,” aims to restrict Iran’s access to overseas revenue, banking networks, and crypto infrastructure.

Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.

As the CFTC and Gemini work together to seek a court’s reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”

The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.

JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing

The outage was caused by the same network update software bug that disrupted the protocol on Thursday, which resulted in nearly six hours of downtime.

Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.

The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.

Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.

As more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.

The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data.

Payment volume on crypto-linked credit and debit cards has been steadily increasing since 2024, reaching about $7.8 billion in cumulative transactions this month.

Weakening spot demand, miner inflows to exchanges and freshly opened shorts put downside pressure on Bitcoin price.

The charges mark the second major arrest over insider trading on a prediction market.

The predictions market operator reportedly explored mandatory user verification requirements, breaking from its policies of allowing traders to access its services using pseudonyms.

As crypto world notches political wins in Texas and beyond, some of its emerging political action committees ditch bipartisan approach for a Republican focus.

Bitcoin’s rangebound trading carries on as bears defend $77,000 and bulls hold out near $74,000.

HYPE reached new highs above $65 following record ETF inflows, futures participation and trading volumes at Hyperliquid exchange. Is $100 next?

After Massachusetts Senator Elizabeth Warren’s claimed that the Comptroller may have violated US banking laws by approving crypto companies’ charters, The Digital Chamber urged the regulator to defend the applications.

Wall Street’s semiconductor-driven surge is fueling fresh momentum for crypto miners betting their power-heavy infrastructure can support the AI boom.

U.S. President Donald Trump said it was “critically important” that the CFTC keep “exclusive authority” over prediction markets, echoing CFTC Chair Michael Selig.

Bitcoin’s weekend bounce shows strong demand at lower levels, but holding $78,000 may remain a challenge for the bulls.

Whales withdrew $170 million in XRP from Binance as the price holds a key $1.35-$1.40 accumulation and support zone.

The integration gives ADI token holders access to Ledger’s self-custody platform as ADI Chain expands its stablecoin and tokenized asset network.

The crypto-aligned Protect Progress PAC reported spending another $750,000 on media for a Democratic candidate over Representative Al Green, whom it described as “actively hostile” to digital assets.

The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees.

Fixed-income investors are in a “panic” as government securities, once seen as low-risk, begin to crack, according to BitMEX researcher Shang Wu.

The Ethereum Foundation holds less than 1% of all ETH in circulation while other protocol foundations typically hold 10-50% of their native token’s supply, the founder said.

A Coinbase executive called on regulators to implement sensible crypto regulation, while announcing the Stand With Crypto event taking place in over 500 locations worldwide.

This past week saw incremental, but potentially important steps.

The law firm agreed to a settlement in February 2026 and is facing a separate $525 million lawsuit over its role in the collapse of the FTX crypto exchange.