Coinbase to Launch Token-backed Mortgage Payments this Summer

Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer 2026” will allow borrowers to initially use Bitcoin (BTC) or USDC (USDC) as collateral for … Read more

Saylor Says Bitcoin Slide Is Capital Rotation as Strategy Loss Grows

Strategy’s Bitcoin holdings fell deep into paper-loss territory as BTC traded below the company’s average purchase price, renewing scrutiny of Michael Saylor’s Bitcoin treasury model. Strategy holds 843,706 Bitcoin (BTC) acquired at an average price of $75,699 per coin, with a total cost basis of $63.8 billion. However, the latest Bitcoin downturn sank the value … Read more

Coinbase Launches Pre-IPO Markets With SpaceX Access

Coinbase has launched pre-intial public offering (IPO) markets, starting with SpaceX, offering users outside the United States exposure to private companies before they list publicly via a perpetual futures contract tied to the company’s estimated pre-listing price. The product is a USDC-settled perpetual futures contract that tracks SpaceX’s pre-IPO valuation. It allows 24/7 trading with … Read more

CFTC Scraps ‘No-Deny’ Rule in Legal Settlements

The US Commodity Futures Trading Commission has rescinded a long-standing policy that prevented it from accepting a lawsuit settlement if the defendant denied the agency’s allegations. The CFTC said on Wednesday that it scrapped the policy, first adopted in 1998, because it “may have created an incorrect impression that the Commission is trying to shield … Read more

Israel’s Tax Authority ‘Disappointed’ in Voluntary Crypto Disclosures: Report

Israeli taxpayer disclosures of profits from cryptocurrencies have reportedly fallen short of expectations at the Israel Tax Authority after enactment of a policy allowing immunity from criminal proceedings for filers correcting their reports. According to a Wednesday report from Globes, Israeli authorities had expected to gain up to $1 billion in taxes from “voluntary disclosures” … Read more

Wyoming Issues Executive Order to Guide AI Data Center Development

Wyoming Governor Mark Gordon has signed an executive order establishing a framework for developing data centers and advanced computing facilities, underscoring the state’s push to attract AI infrastructure investment as demand for computing power accelerates. In an order published Wednesday, titled “Data Centers the Wyoming Way,” Gordon directed state agencies to support the responsible development … Read more

Agentic payments surpass 100M transactions on Coinbase’s Base

Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase’s x402 protocol generated more than 100 million transactions on Base within roughly nine months of launch. The x402 protocol allows … Read more

EU MiCA Deadline Forces Crypto Firms to Secure Licenses or Exit Market

The European Union’s Markets in Crypto Assets Regulation hits a hard deadline on July 1 when the transitional period ends and in-scope crypto asset service providers operating under national regimes must either hold a MiCA licence or stop serving EU clients. A spokesperson from the European Securities and Markets Authority (ESMA) told Cointelegraph that from … Read more