Brazil Proposes Rigid Guardrails to Stop Government Abuse of Central Bank Digital Currency
The bill, first introduced last year, aims to prevent the use of an upcoming central bank digital currency ( CBDC) as a cash substitute and to stop it from becoming an element of surveillance. The project notes that financial exclusion might result from fully embracing digital currencies. Brazil’s Congress Moves To Limit State Control Over … Read more
Coinbase Teases Next Phase of ‘Everything Exchange’ for Crypto, Stocks, Perps
Coinbase is teasing the next phase of its Everything Exchange vision built around one account for crypto, stocks, ETFs, cash, perpetual futures, prediction markets, and rewards. The plan targets instant settlement and 24/7 access, with nearly 10,000 stocks and ETFs included in its expanding product roadmap. Coinbase Details Expanding Everything Exchange Vision Crypto exchange Coinbase … Read more
CLARITY Act Gets New Push as Senator Ties Crypto Rules to US Dollar Power
Senate Banking Committee Chairman Tim Scott renewed support for the CLARITY Act as he tied stablecoins to U.S. dollar strength. His comments put crypto market rules, consumer protection, and AI oversight at the center of the Senate Banking Committee’s financial policy agenda. Scott Links CLARITY Act Push to USD Dominance and Crypto Rules Senate Banking … Read more
SpaceX Hits $2.1T on Debut Day, Making Elon Musk the World’s First Trillionaire
SpaceX priced the largest IPO in history Thursday night and spent Friday proving investors meant it. Record Raise, Record Wealth The company priced 555.56 million shares at $135 apiece on June 11, pulling in $75 billion in a primary offering that more than doubled Saudi Aramco’s 2019 raise. When the stock opened at $150 on … Read more
SurgeXRP Presale Accelerates Following XRP Upgrade News, 30% of Soft Cap Filled Before RWA Platform Debut
PRESS RELEASE. The XRP ecosystem is heating up once again as the latest XRP Ledger upgrade designed to improve network performance, scalability, and efficiency and investors are increasingly looking beyond XRP itself and toward the next generation of projects being built on XRPL. One project attracting significant attention is SurgeXRP. Its ongoing $SGP presale has … Read more
Metaplanet to Launch Bitcoin Yield Products in Japan After $13 Million Siiibo Securities Deal
Metaplanet has agreed to acquire Siiibo Securities, a licensed Japanese Type I securities firm, as part of its Project Nova strategy. The deal gives the company a regulated distribution platform for bitcoin-linked yield products aimed at Japan’s large pool of cash-heavy household assets. Metaplanet Targets Japan’s $7.4 Trillion Cash Pile With Bitcoin-Linked Investments Metaplanet is … Read more
Bitcoin Climbs to $64,349 After Trump Signals Iran Deal Despite Tehran Pushback
Bitcoin briefly breached $64,000 following U.S. President Donald Trump’s announcement of a tentative peace deal between Washington and Tehran. Bitcoin Eyed $64K Amid Geopolitical Whiplash On June 12, bitcoin breached the $64,000 mark as enthusiasm was sparked by U.S. President Donald Trump’s announcement that Washington and Tehran had reached a deal to end hostilities. Market … Read more
Bitcoin ETF Outflows Slow to $19 Million as Blackrock and Morgan Stanley Buy
Crypto ETF flows remained mixed on Thursday, June 11, as bitcoin ETFs posted a fifth straight day of outflows and ether funds recorded their third consecutive negative session. Still, the scale of redemptions narrowed, while HYPE ETFs stayed positive and solana funds slipped back into outflows. Bitcoin and Ether ETFs Stay Negative While HYPE Funds … Read more
Sam Bankman-Fried loses appeal to overturn 25-year prison sentence
A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds. Go to Source