Opinion by: Julie Bourgeois, Head of Legal and Compliance, 6 Monks Digital asset regulations are rapidly evolving to ensure the transparency and safety of all market participants. This is no more evident than in Europe, where two different regulatory models have emerged. On one side is the European Union’s Markets in Crypto-Assets (MiCA), which offers…
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Ubyx, a new stablecoin clearing platform that aims to jumpstart stablecoin adoption by enabling redemption at face value, has closed a $10 million seed funding round backed by several major crypto investors. The funding round was led by Galaxy Ventures, with participation from Coinbase Ventures, Founders Fund, VanEck, Paxos and others, according to a Tuesday…
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Key takeaways: Fed rate interest cut odds this week are now less than 0.1%. BTC price may drop as low as $92,000 if key support levels are broken. Bitcoin’s (BTC) price failed another attempt at breaking above the resistance at $110,000 on June 17, as tensions in the Middle East escalated. Since June 5, BTC…
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The real-world asset (RWA) market has emerged as one of the key trends in the cryptocurrency industry in 2025, with companies increasingly jumping on the tokenization bandwagon. Although some studies pointed to a massive 260% increase of RWAs this year, some industry executives have questioned the magnitude of the reported market size, arguing that the…
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Thailand has approved new tax exemptions on income from the sale of cryptocurrencies like Bitcoin for five years, according to an official announcement by the Ministry of Finance. Thailand will waive the capital gain tax on crypto sales made through licensed crypto asset service providers in the period from Jan. 1, 2025, to Dec. 31,…
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Gemini Trust claims it was a “selfish desire” by the Commodity Futures Trading Commission’s litigators to advance their careers that allowed “dubious” charges to be brought against the crypto exchange in 2022. In a letter on Friday to CFTC Inspector General Christopher Skinner, Gemini alleged the agency’s Division of Enforcement lawyers relied on a dodgy…
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Key points: The Index Bitcoin Cycle Indicators (IBCI) tool from CryptoQuant shows that the bull market has plenty of room to run. “Neutral” readings come despite all-time highs on BTC/USD, with the market at a “point of definition.” Bitcoin’s Puell Multiple metric is circling lows — unusual behavior for the hottest phase of the bull…
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Key takeaways A misunderstanding of fee units led to an accidental overpayment worth more than $60,000 during a replace-by-fee transaction. The user confused sat/vB (fee per byte) with total satoshis, leading to an extreme overpayment. RBF replaces a transaction with a higher-fee version, while CPFP adds a new transaction to boost the original; each has…
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US spot Bitcoin exchange‑traded funds (ETFs) recorded $412.2 million in net inflows on June 16, extending their streak to six days and pushing total cumulative inflows to $46.04 billion. The six-day run of inflows began on June 9 and has now absorbed over $1.8 billion in capital, according to data from SoSoValue. The run has…
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Genius Group, a Singapore-based artificial intelligence education company, expanded its corporate Bitcoin treasury by more than 50% amid increasing institutional adoption of the world’s first cryptocurrency. Despite a previous ban on the Nasdaq-listed firm’s corporate accumulation, Genius Group increased its Bitcoin (BTC) treasury by 52%, acquiring an additional 34 BTC during the past month. This brings…
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