The European Union’s main executive body has taken a soft approach toward stablecoins, contrasting with that of the European Central Bank (ECB) and sparking industry optimism. In response to ECB concerns on potential bank run risks stemming from stablecoin multi-issuance in Europe and third countries, the European Commission (EC) said such risks are “highly unlikely.”…
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Ledger, a major provider of hardware cryptocurrency wallets, has introduced an offline tool for private key recovery to help users regain access to their crypto wallets without relying on cloud-based services or personal data. Ledger Recovery Key is an offline physical recovery tool allowing Ledger Flex or Ledger Stax users to store their private keys…
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Michael Saylor’s Strategy, the world’s largest public Bitcoin investor, disclosed its latest BTC purchases as the cryptocurrency slid in response to escalating geopolitical fears last week. Strategy acquired 245 Bitcoin (BTC) for $26 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on Monday. The cost of…
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Cryptocurrency investment products continued to attract strong investor interest last week despite major crypto assets like Bitcoin and Ether posting notable price drops. Global crypto exchange-traded products (ETPs) recorded $1.24 billion of inflows for the trading week ending June 20, CoinShares reported on Monday. With the latest inflows, crypto ETPs continued breaking year-to-date (YTD) inflow…
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Major global cryptocurrency exchange OKX is reportedly considering a public listing in the United States following its relaunch in the country. OKX is weighing an initial public offering (IPO) in the US, with a potential listing on a local exchange, The Information reported on Sunday. OKX resumed operations in the US in April. “From IPOs…
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Bitcoin bull and Strategy founder Michael Saylor has doubled down on the long-term value of BTC amid fast-changing geopolitical and cryptocurrency adoption trends. Saylor took the stage with a keynote speech at the BTC Prague 2025 event on Saturday, predicting that the price of Bitcoin (BTC) would hit $21 million in 21 years. “I think…
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Chinese social media platform TikTok denied allegations that it has made purchases of US President Donald Trump’s official memecoin. The official TikTok Policy account took to X on Thursday to deny claims that its owners are buying the Official Trump (TRUMP) memecoin, responding to accusations by California Democratic Party Representative Brad Sherman. Sherman had claimed…
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Russia’s cryptocurrency laws have not convinced most mining businesses to register with authorities, as only 30% of the miners have entered the Federal Tax Service Register since late 2024. The Russian government began enforcing two crypto mining-related bills in October and November 2024, introducing legal definitions and registration requirements for mining businesses. Still, 70% of…
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South Korea’s financial regulator plans to investigate transaction fees charged by domestic cryptocurrency exchanges, aiming to reduce trading costs for users, according to local media. South Korea’s Financial Services Commission (FSC) will launch a probe into transaction fees imposed by local trading platforms and review potential intervening measures, the Herald Economy reported on Thursday. The…
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ARK Invest, the cryptocurrency-friendly investment firm founded by Bitcoin bull Cathie Wood, continued selling shares of USDC stablecoin issuer Circle, offloading nearly $100 million in two days. ARK dumped another 300,108 Circle shares from its three funds for $44.7 million on Tuesday, according to a trade notification seen by Cointelegraph. The sale came amid Circle…
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