French Securities Regulator Warns Investors Against Crypto Exchange Bybit

France’s securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France.Source

U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance

The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing.Source

Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan

The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.Source

Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum

The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.Source

Telegram-Based Notcoin Debuts at $1B FDV on Ton Blockchain

Notcoin, a gaming token that has more than 35 million users, has began trading at a $TKTK fully diluted value (FDV), according to TradingView.Source

Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt

Georgetown Law professor Christopher Brummer leads an annual event on emerging financial technology in Washington that became a top forum for crypto issues in recent years. Now he’s joining the sector, founding Bluprynt to help the industry with its regulatory disclosures as rules begin to emerge around the world.Source

Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing’

The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.Source

Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani’s Ouster

Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced.Source

Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme

Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme.Source