Coinbase Legal Head Vows To ‘Continue The Fight’ After Supreme Court Rejects Appeal To Block IRS From Accessing User Data
The Supreme Court rejected Monday an appeal to block the Internal Revenue Service from accessing Coinbase Global Inc.’s (NASDAQ:COIN) user data. What happened: The apex court denied a request from James Harper, a Coinbase account holder, who argued that the summons by the IRS demanding users’ transaction data violated...
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Senator Lummis pushes for crypto-friendly amendments in Trump’s Big Beautiful Bill
U.S. Senator Cynthia Lummis wants to add a crypto tax amendment to President Donald Trump’s Big Beautiful Bill to exclude small transactions from capital gains and resolve double taxation for miners and stakers. On June 30, Lummis announced her push…...
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Arkham: Satoshi Nakamoto address receives $20k from mystery wallet
Arkham’s on-chain monitoring detected a suspected transfer of $20,000 in BTC to Satoshi Nakamoto’s address. This is the latest transfer made to Satoshi in the past four months. According to on-chain data from Arkham Intelligence, an unknown address sent 0.185…...
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Robinhood, Kraken-Backed Global Dollar (USDG) Comes to Europe
Global Dollar (USDG), a stablecoin issued by regulated fintech Paxos, and backed by a consortium of heavy hitters that includes Robinhood, Kraken and Mastercard, is being made available to consumers across the European Union, according to a press release on Tuesday. USDG is regulated by Europe’s Markets in Crypto-Assets...
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Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings
South Korean interest in digital assets is on the rise, with a significant number of retail investors planning to increase their crypto exposure over the coming year. A recent survey conducted by the Hana Financial Research Institute polled 1,000 individuals aged 20 to 59, revealing that while 27% already...
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The US is About to Get its First Solana Staking ETF This Week
The REX-Osprey Solana Staking ETF will be launched on July 2 under the ticker SSK as the first US ETF allowing investors to earn rewards by staking Solana tokens to validate blockchain transactions. The new yield-chasing crypto fund tracking Solana has been cleared for debut, according to Bloomberg, citing...
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Lido DAO approves proposal to introduce dual governance model
Dual Governance, a major update that will give stETH holders more control over important protocol decisions, has been formally approved by Lido DAO. The decision was confirmed on June 30 post on X by Lido, following a successful vote by…...
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Trump-linked American Bitcoin raises $220M to purchase Bitcoin and mining rigs
Eric Trump-backed cryptocurrency company American Bitcoin has raised $220 million from private investors to purchase Bitcoin and expand its digital mining business. The news was disclosed in a June 30 filing reviewed by Bloomberg, which revealed that part of the…...
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Europol Busts $540 Million Crypto Laundering Network
Spanish authorities, supported by Europol and enforcement teams from France, Estonia, and the United States, have taken down a sprawling crypto money laundering operation that moved over $540 million in criminal proceeds. Five people have been arrested in connection with the scheme. Three of them were found in the...
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Sparkassen to Let 50 Million Germans Trade Crypto by 2026
Germany’s biggest banking group, Sparkassen-Finanzgruppe, is finally warming up to crypto. After years of brushing it off as too risky and too unstable, the institution is now preparing to let nearly 50 million customers buy and sell digital assets like Bitcoin and Ethereum from inside their regular banking app....
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