South Korea called for a consistent global regulatory framework and the expansion of the Travel Rule to counter cross-border money laundering involving virtual assets and decentralized finance (DeFi). Lee Hyung-joo, Chief of the South Korean Financial Intelligence Unit (FIU), made the remarks during the 6th Plenary Meeting of the 34th Financial Action Task Force (FATF)
Key Takeaways The Senate passed the ROAD to Housing Act 85-5 on June 22, banning a Fed CBDC through 2030. The measure bars the Federal Reserve from issuing a digital dollar directly or through intermediaries. The House could vote as soon as Tuesday, sending the bill to President Trump to sign into law. A Four-Year
The Bangko Sentral ng Pilipinas (BSP) has lifted its moratorium on transaction fee increases for automated clearing houses InstaPay and PESONet under new digital payment pricing rules, according to central bank documents issued in June 2026. Under Memorandum No. 2026-025, the Monetary Board approved the lifting through Resolution No. 498, effective alongside BSP Circular No.
Key Takeaways Safaricom, Google, and Meta joined a United for Wildlife taskforce in 2024 to crush illegal trafficking. AI will monitor M-Pesa to disrupt a $23B illicit market that puts 1M species at risk of extinction. Next, British Airways and Heathrow will launch public campaigns to tighten the net on global smugglers. Squeezing the Financial
The Securities and Exchange Commission (SEC), in coordination with local exchanges, issued draft rules on June 17 to establish a regulatory framework for market making in listed securities. The commission is currently soliciting public feedback on the proposed guidelines, with the submission period open until July 7, 2026. Under the proposed framework, market making aims
Key Takeaways Federal departments must shift sensitive systems to quantum-resistant cryptographic standards. New requirements assign agency leads, inventories, planning duties, and oversight responsibilities. Broader implementation could affect contractors, infrastructure operators, and international cybersecurity coordination. Agencies Face 2030 and 2031 Deadlines for Sensitive Federal Systems President Donald Trump ordered federal agencies to move high-value assets and
Key Takeaways Futures exposure fell faster than BTC, signaling a broad reduction in leveraged trading. Lower Open Interest may support a more stable bitcoin market structure for traders. Spot demand could become more important if BTC rises without heavy futures growth. Leverage Reset Shifts Focus to Spot Demand Bitcoin’s futures market has undergone a sharp
Key Takeaways Thailand’s DSI seized 6,390 mining rigs after a $29 million electricity theft from the PEA. U.S. Secret Service tracking revealed Wang Yicheng’s group laundered $300 million annually from cyber scams. DSI prosecutors are preparing a trial file against 8 suspects and 7 PEA officials for the NACC. Rigs Seized and Power Stolen Thai
Key Takeaways Federal Reserve rate expectations are widening performance gaps between bitcoin, equities, and gold, making monetary policy a key factor in recent market moves. Equities are up 9%, while bitcoin is down 1% and gold has fallen 20%, a period that coincided with rising rate expectations. Grayscale says bitcoin combines monetary traits with blockchain
Key Takeaways Kalshi’s $10M prediction market gives bitcoin only a 19% chance of crossing $100K before January 2027. Bitcoin is down roughly 27% year-to-date in 2026 and sits about 50% below its October 2025 all-time high. Separate Kalshi contracts price a 57% chance that bitcoin falls below $50K before year-end 2026. Where the Money Is