Key Takeaways Strategy is authorized to sell up to $1.25 billion in bitcoin for its dollar reserve. Analysts said the move reduces liquidity concerns tied to about $1.76 billion in annual obligations. Market watchers may reassess Strategy as bitcoin becomes a managed resource, not just a reserve asset. Strategy’s Bitcoin Authorization Marks a Shift in
Key Takeaways Taiwan passed the Virtual Asset Service Act on June 30, making the FSC the sole crypto regulator. Untrusted stablecoin issuers or unlicensed VASPs face up to 7 years in prison and $3.1M fines under the law. The FSC must draft roughly 9 pieces of secondary legislation to fully launch the rules by early
Key Takeaways Circle shares fell 16.5% on June 30, 2026, after Open Standard unveiled the OUSD stablecoin. Coinbase and Blackrock are among 140 backers of OUSD, pressuring Circle’s USDC reserve income. Circle’s Coinbase distribution deal renews in August as OUSD targets a launch later in 2026. The stock CRCL closed down approximately 16.5%, trading as
Key Takeaways Flare scheduled a July 6-13 governance vote to deploy Confidential Compute on its Songbird network. The update adds programmable execution to the XRP Ledger, unlocking DeFi utilities for Ripple assets. Testing on Songbird will gather critical operational data before launching on the primary Flare mainnet. Enhancing Cross-Chain Consensus Blockchain platform Flare has scheduled
Key Takeaways Bitcoin ETFs lost $231.10M as Blackrock’s IBIT drove an 8th straight outflow day. XRP ETFs gained $15.34M, showing demand shifting beyond bitcoin and ether. Bitwise led Solana and HYPE inflows, signaling selective crypto ETF interest. XRP ETFs Add $15 Million as Bitcoin and Ether Funds Lose Combined $261 Million The final stretch of
Key Takeaways Open Standard launched Open USD on June 30 with more than 140 partners including Visa. Coinbase, Stripe and Mastercard back the coin, which charges no mint or redeem fees. Open USD goes live later in 2026 as Blackrock projects a $1.5 trillion stablecoin market by 2030. Open Standard, the independent company set up
Key Takeaways The Nikkei 225 is poised for a 36% quarterly gain, its strongest in data dating back to 1965. A rebound in AI and semiconductor shares drove the index to records above 64,000 points. A weak yen, near its lowest since 1986, has amplified gains for Japan’s big exporters. A Historic Quarter in Tokyo
Key Takeaways The yen fell to 162.27 per dollar on June 30, its weakest level against the greenback since 1986. A wide rate gap, the BOJ at 0.75% versus the Fed’s 3.50%-3.75%, keeps pressuring the currency. Japan spent a record 11.73 trillion yen ($72.4 billion) on intervention from late April to late May. A Four-Decade
Key Takeaways Senate Banking Chair Tim Scott and Majority Leader John Thune are pushing for a CLARITY Act vote in July 2026. The bill needs 60 votes; Republicans hold 53 seats, requiring at least seven Democrats to cross over. Galaxy Research cut the odds of passage this year to 50%, citing a tight pre-recess calendar.
Enterprise payment network Morph announced on Tuesday, June 30, the native integration of USDGO, a U.S. dollar stablecoin issued by federally chartered crypto bank Anchorage Digital Bank N.A. The deployment aims to provide a regulated settlement asset for businesses building cross-border payment infrastructure. USDGO is managed by OSL Group, which serves as its brand operator