Chinese Wealth Funds Warn of Global AI ‘Super Bubble’ Burst
Key TakeawaysWealspring warned the AI super bubble may soon collapse, next threatening tech markets with a capital retreat.Banxia noted Anthropic...
Business
Fed Joins 4 Agencies to Demand ID Programs From Payment Stablecoin Operators
Key TakeawaysThe Federal Reserve and 4 agencies proposed KYC requirements for payment stablecoin issuers on June 18, 2026.Gov. Michael Barr...
BitGo Lays off 15% of Staff in Stablecoin, AI Focus
Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus...
Sharplink Buys ETH for First Time in 8 Months
Ether treasury company Sharplink has bought Ether for the first time in eight months as the token sank to its...
Japan’s SBI Group Flips the Stablecoin Script With $63M-Backed JPYSC Launch
Key TakeawaysSBI Shinsei Trust Bank issued JPYSC on June 24, 2026, as Japan’s first Type III trust-backed yen stablecoin.JPYSC carries...
Visa and BCG Build on Allium as Startup Closes $40M Series B
Key TakeawaysAllium closed a $40M Series B led by Amplify Partners, bringing total funding to roughly $61.5 million.Visa and BCG...
New Fed Chair Kevin Warsh Ditches Rate Signals, Bitcoin Slides as Nasdaq Bounces 1.5%
Key TakeawaysFed Chair Kevin Warsh and the rest of the board held rates at 3.50%-3.75% and eliminated forward guidance at...
Two Gold Bugs Stand Firm on Gold’s Rally, Lawrence Lepard Targets $1 Million Bitcoin
Key TakeawaysGold fell to $4,156 on June 19, its third straight weekly loss amid Fed rate hike bets.Goldman Sachs cut...
Charles Schwab Targets Kalshi and Polymarket Territory With New Cboe Deal
Key TakeawaysSchwab will offer binary S&P 500 options through a Cboe Global Markets partnership in the coming months.Schwab manages $11.8...
How STRC’s Drop Tests Michael Saylor’s Bitcoin Credit Machine
Key TakeawaysSTRC hit $82.53 on June 18 before Strategy’s preferred stock closed at $88.59.Strategy’s $10.5B STRC stack showed bitcoin-linked credit...
Blockchain Capital Boosts Crypto Bet With $700M Fundraise
Crypto-focused venture capital firm Blockchain Capital is in the process of raising another $700 million for two new funds, according...
Western Union Prepares USDPT Stablecoin for May Launch
Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto...
Robinhood Cuts Workforce as Tenev Says Business Is Stronger Than Ever
Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the...
Strategy Adds 1,587 Bitcoin Through MSTR Stock Sales
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its cryptocurrency reserves last week as BTC continued to...
Congress Targets Crypto ATMs After Americans Lose $333M to Scams
Key TakeawaysLawmakers introduced a bipartisan bill targeting crypto ATM fraud after reported losses topped $333 million.Older Americans faced most known-age...
Brazil Proposes Rigid Guardrails to Stop Government Abuse of Central Bank Digital Currency
Key TakeawaysBill 4212/25 passed a key committee, moving to floor votes to curb Brazil’s CBDC reach.Bia Kicis enshrined cash’s existence,...
Zimbabwe Pushes Crypto Firms to Register as New Law Tightens AML Compliance Controls
Key TakeawaysZimbabwe legalized its crypto sector under S.I. 99 of 2026, forcing VASPs to register with the RBZ.Crypto firms face...
Brazil Introduces Bill 2946 to Turn Central Bank Crypto Rules Into Federal Law
Key TakeawaysDonizette filed Bill 2946/2026 to next enforce mandatory registration across Brazil’s crypto market.The bill codifies Resolution 519 of 2025,...
Nigeria Senate Pushes Crypto Bill to Committee, Setting Up 4-Week Review Phase
Key TakeawaysNigeria’s Senate advanced a crypto bill on June 9 as Tahir Monguno warned delays fueled risks.Rume Ophi said the...
61 Crypto Leaders Urge Senate to Pass CLARITY Act With Developer Protections
Key Takeaways61 crypto leaders urged senators to preserve developer protections inside the CLARITY Act.Supporters say clearer rules could help distinguish...
Crypto Oversight in the Spotlight After Warren Questions Federal Regulation
Key TakeawaysSenator Warren questioned whether the CFTC can oversee crypto and prediction markets with fewer staff.Prediction markets face growing scrutiny...
160 National Security Veterans Back CLARITY Act as Senate Crypto Battle Reaches Critical Stage
Key TakeawaysFormer officials urged Senate leaders to support the CLARITY Act’s crypto market rules.Notably, 160 national security, intelligence, and law...
