Category: Business
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Coinbase Brings Stablecoin Funding to Europe’s Regulated Mutual Funds
[ad_1] Key Takeaways Coinbase and Spiko introduced stablecoin funding for Spiko’s regulated UCITS money market funds, marking a European first. Investors can subscribe and redeem using EURC or USDC with near-instant settlement through Base. Broader adoption could expand real-time treasury operations while maintaining European regulatory compliance standards. Coinbase Payments Integration Enables EURC and USDC Subscriptions…
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Bitmine ETH Holdings Reach 5.7M After Joining Russell 1000
[ad_1] Ether treasury company Bitmine Immersion Technologies added more than 27,000 Ether to its holdings last week as the firm joined the Russell index tracking the largest 1,000 US companies. Bitmine said Monday that after its latest $43 million purchase, it held just over 5.7 million Ether (ETH) bought at an average price of $1,569…
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US Senator Calls for Ban on Elected Officials Issuing Memecoins
[ad_1] Senator Kirsten Gillibrand, one of the US lawmakers behind negotiations for a digital asset market structure bill in Congress, has proposed barring elected officials and the president from issuing or sponsoring their own tokens, citing President Donald Trump’s and First Lady Melania Trump’s memecoins. In a Friday notice, Gillibrand said that Congress should support…
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Crypto Lending Drops to $23.3 Billion as Tether Holds 68% of CeFi Loan Market in Q1
[ad_1] Key Takeaways CeFi loan books fell 6% to $23.3B in Q1 2026, ending growth since Q3 2024. Tether held a 68% share, while Maple, Nexo, and Coinbase gained market share. Galaxy and Ledn shrank the most, signaling selective growth in crypto lending. CeFi Crypto Lending Falls 6% as Maple, Nexo and Coinbase Gain Market…
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1,700 UK Investors Sue Binance Over Derivatives Offerings
[ad_1] Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory approval. The law firm representing the investors, KP Law, said Binance’s leverage tokens, futures contracts and options offerings breached the Financial Services and…
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Chinese Wealth Funds Warn of Global AI ‘Super Bubble’ Burst
[ad_1] Key Takeaways Wealspring warned the AI super bubble may soon collapse, next threatening tech markets with a capital retreat. Banxia noted Anthropic may miss revenue goals, triggering a broad market retreat as the bubble bursts. Lacking business moats, Chinese AI firms face high funding costs, with wealth funds recommending investors limit exposure. Chinese Wealth…
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Sharplink Buys ETH for First Time in 8 Months
[ad_1] Ether treasury company Sharplink has bought Ether for the first time in eight months as the token sank to its lowest price this year on Thursday. On-chain data from Arkham shows a wallet associated with Sharplink received 5,000 Ether (ETH), worth $7.85 million, from crypto prime brokerage FalconX on Thursday. The last time it…
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EU Lawmakers Back Review of DeFi, Staking and NFT Regulation
[ad_1] The European Parliament’s economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated. The recommendations were part of a report tabled Friday for plenary vote. It also called for promoting tokenization across financial services, encouraging euro-denominated stablecoins and…
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Japan’s SBI Group Flips the Stablecoin Script With $63M-Backed JPYSC Launch
[ad_1] Key Takeaways SBI Shinsei Trust Bank issued JPYSC on June 24, 2026, as Japan’s first Type III trust-backed yen stablecoin. JPYSC carries no transaction caps and allows up to 50% JGB reserves, advantages JPYC cannot match. SBI VC Trade handles distribution initially, with public blockchain expansion pending regulatory and tax clarity. What JPYSC Is…
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FTX Exec’s wife Scheduled for November Trial on Campaign Finance Charges
[ad_1] Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who is serving a 7.5-year prison sentence after reaching a plea agreement with prosecutors, is scheduled to stand trial in November following delays stemming from motions related to her husband’s plea deal. On Wednesday, Judge George Daniels in the US District Court…