Will Europe’s Digital Euro Really Protect Privacy?

EU officials pay lip service on data rights, but its proposals for a CDBC don’t offer much reassurance for users, says CoinDesk’s Michael Casey.Source

Bitcoin Cash, FTX’s FTT Token and COMP Led Crypto Market Gains in June

Bitcoin cash added the most, almost tripling over the course of the month.Source

Web3 Can Actually Compete in the Computer Chip Race


Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks

Creditor distributions will only be made in the two most popular cryptocurrencies, the company saidSource

Why Tokenized Assets Are Safer During a Banking Crisis

Recent U.S. bank failures exposed a strange truth: depositing your money on-chain is safer than trusting banks to make good on your holdings, argues Copper’s Fadi Aboualfa.Source

Bitcoin Tumbles on Report of SEC Saying Spot BTC ETF Filings Inadequate

Spot bitcoin ETF applications from BlackRock and Fidelity, among others, had helped drive bitcoin higher over the past two weeks.Source

What New York Can Learn From Hong Kong in Regulating Crypto

A small number of unelected individuals in Washington D.C. are exercising alarming authoritarian power as regulators, counter to the Big Apple’s stated desire to move from antiquated financial systems to digital ones, writes Omer Ozden.Source

OKX Overcomes FTX-Related Concerns Around Crypto Industry in $70M Expansion of Man City Sponsorship

Manchester City and OKX’s other partners have been auditing the exchange’s proof of reserves to ease concerns that it won’t go the same way as FTX.Source

First Mover Americas: Fidelity Joins the Rush for Spot Bitcoin ETF

The latest price moves in bitcoin (BTC) and crypto markets in context for June 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg

Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million.Source