Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states. The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, according to an official announcement on…
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Japan’s “Strategy” Metaplanet has updated its Bitcoin acquisition targets to acquire a total of 100,000 BTC by the end of 2026. Metaplanet on June 6 posted its new Bitcoin (BTC) acquisition plan, significantly raising its previous target of 21,000 BTC by late 2026. “Our previous target — to hold 21,000 BTC by the end of…
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Bitcoin exchange-traded funds (ETFs) in the United States turned red amid worsening sentiment stemming from the ongoing feud between US President Donald Trump and billionaire Elon Musk. After a brief recovery on June 3 and 4, US spot Bitcoin (BTC) ETFs were again hit with outflows on Thursday, totaling $278 million, according to SoSoValue data.…
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The European Parliament is set to vote on a technology sovereignty proposal submitted by the Committee on Industry, Research and Energy (ITRE) under the leadership of pro-Bitcoin lawmaker Sarah Knafo. ITRE, one of 24 standing committees in the European Parliament, on June 3 adopted a non-binding report on tech sovereignty and digital infrastructure, calling for…
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Moscow Exchange (MOEX), Russia’s largest stock exchange, launched futures trading for BlackRock’s iShares Bitcoin Trust ETF (IBIT), as the fund climbed into the world’s top 25 ETFs by assets under management (AUM). MOEX introduced a futures contract tied to IBIT on June 4, according to an announcement by the exchange. The new investment product is…
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The Bitcoin reserve strategy trend has led to at least 61 corporate treasuries now holding a combined 3.2% of all Bitcoin that will ever exist, according to Standard Chartered. Publicly listed companies worldwide now own a combined 673,897 Bitcoin (BTC), Standard Chartered’s global head of digital asset research, Geoff Kendrick, said in a June 3…
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Mara Holdings, one of the largest publicly traded Bitcoin mining companies in the United States, has significantly increased BTC production in May despite growing mining difficulty and rising hashrate. Mara produced 950 Bitcoin (BTC) in the month of May, recording a 35% increase month-over-month (MoM), the company reported in its unaudited BTC production update published…
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BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin following a 14-month review in the Financial Conduct Authority’s (FCA) regulatory sandbox. The company revealed the rollout of its Tokenised GBP (tGBP) stablecoin in an announcement shared with Cointelegraph on June 3. TGBP is now live on BCB Technologies-operated crypto trading…
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Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, has announced its latest BTC purchases after the price briefly dropped to $103,000 last week. Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, the company announced on June 2. The latest purchases were made at an average price of $106,495 per…
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Cryptocurrency investment products maintained their multi-week inflow streak last week despite significant selling pressure stemming from Bitcoin’s drop to $103,000. Global crypto exchange-traded products (ETPs) recorded $286 million of inflows in the week ending May 30, bringing a seven-week run of inflows to $10.9 billion, CoinShares reported on June 2. Despite the inflows, total assets…
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