Hours after US President Donald Trump claimed that Iran and the United States had agreed to a two-week ceasefire that included opening the Strait of Hormuz, Iranian authorities are reportedly considering charging ships using the waterway in cryptocurrency. According to a Wednesday Financial Times report, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ … Read more
MEXC appointed Vugar Usi as CEO on Wednesday, elevating the executive as the exchange steps up its push for global licensing, including under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. MEXC said Usi joined the company as chief operating officer in late 2025 after previously serving in the same position at rival exchange … Read more
South Korea’s ruling Democratic Party is reportedly preparing a draft bill that would classify stablecoins as foreign exchange payment instruments and require tokenized real-world assets (RWAs) to be backed by assets held in trust. Citing an integrated draft of the proposed Digital Asset Basic Act, the Seoul Economic Daily reported on Wednesday that stablecoins used … Read more
The onchain value of stablecoins on the Ethereum network has reached an all-time high of $180 billion, according to blockchain analytics firm Token Terminal. Ethereum holds 60% of the stablecoin supply at $180 billion, which is up 150% over the past three years, the firm reported Tuesday. The company projected that around $1.7 trillion is … Read more
The Morgan Stanley Bitcoin Trust will be the cheapest Bitcoin ETF on the market at an ultra-low 0.14% fee. Morgan Stanley’s Bitcoin exchange-traded fund is set to debut on the NYSE Arca stock exchange on Wednesday, making it the first major commercial bank to offer a Bitcoin ETF in the US. The launch of the … Read more
The US Federal Deposit Insurance Corporation (FDIC) has proposed new rules to regulate FDIC-supervised stablecoin issuers in accordance with the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was signed into law nine months ago. In a statement on Tuesday, the FDIC said its board of directors voted to issue a proposal … Read more
New data suggests that Bitcoin (BTC) could be moving closer to a bull market phase as its supply slowly shifts back into long-term, retail-investor-linked wallets. The figure surpassed 4 million BTC in Q1 2026. The accumulation trend aligns with a rise in Bitcoin network activity index to levels last seen in April 2025, signaling a … Read more
Key takeaways: BTC failed to hold $70,000 despite strong ETF inflows as selling by public miners offset recent institutional buying. Options markets reflect high demand for downside protection as a 17% put premium signals cautious sentiment. Bitcoin (BTC) failed to sustain Monday’s $70,000 level despite $471 million in net inflows into US-listed spot exchange-traded funds … Read more
Jay Clayton, the US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission (SEC), has penned a response to Tornado Cash co-founder Roman Storm’s motion for acquittal, criticizing his alleged criminal behavior. In a Tuesday filing in the US District Court for the Southern District of … Read more
Polymarket has become one of decentralized finance’s most profitable protocols after a pricing overhaul, generating about $7.1 million in fees in the first week of the second quarter, according to new data. That pace implies an annualized run rate of roughly $365 million if sustained, placing the onchain prediction platform among the industry’s top fee … Read more