UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business
The two suspects were interviewed under caution by the FCA and then released on bail.Source
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First Mover Americas: Crypto Assets Rally With BTC Returning to $66K
The latest price moves in bitcoin (BTC) and crypto markets in context for June 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters
Italy is set to adopt measures that will include high fines for those who manipulate the crypto asset market as part of a wider scheme to beef up surveillance of risks tied to the sector.Source
LayerZero Says Users Must Pay 10 Cents per ZRO to Claim Token
The donations appear to be mandatory and the LayerZero Foundation will match proceeds upto $10 million.Source
Stablecoin Issuers Now 18th Largest Holder of U.S. Debt
Stablecoin issuers are fast emerging as a significant source of demand for the U.S. Treasury notes as concerns about Washington’s debt management grow.Source
Swiss National Bank and SDX Delve Deeper Into CBDCs, Tokenized Securities
The next two-year phase of Project Helvetia will see other financial institutions and types of transactions join the party.Source
Dogecoin Traders Appear to Short Token as Meme Coin Frenzy Eases
DOGE funding rates are starting to flip negative, data shows, as traders move away from riskier assets amid low volatility in the broader crypto market.Source
Energy Giant EDF Subsidiary Joins Cronos as a Blockchain Validator
EDF subsidiary Exaion helps industries with digital transformation by focusing on addressing the energy efficiency of data centers.Source
VanEck’s Spot Bitcoin ETF Goes Live on Australia’s Biggest Stock Exchange
The VanEck Bitcoin ETF, the first spot bitcoin exchange-traded fund on the Australian Securities Exchange (ASX), debuted on Thursday.Source
Solana-Ether Ratio Hits 3-Month Low, Analyst Anticipates Further Losses
The ratio has declined 35% in one month, reaching the lowest since March 13.Source