Brazil is moving to place institutional crypto infrastructure providers under central bank supervision by 2027, while tightening tax and reporting rules for stablecoin cross-border transfers.
Japan's leading mobile payment firm PayPay, backed by SoftBank and holding a 40% stake in Binance Japan, aims to raise up to $1.1 billion in a Nasdaq IPO. The listing was postponed due to Iran tensions.
The Ethereum Foundation sold 10,000 ETH to Bitmine at an average price of $2,292.15, raising about $23 million. Recent OTC sales to the same buyer now total 25,000 ETH.
Cango reported unaudited 2025 results with $688.1 million in annual revenue, driven mainly by bitcoin mining. The company mined 6,594.6 BTC during the year, while fourth-quarter adjusted EBITDA fell to a $156.3 million loss.
Bitcoin falls 1.1% to $70,867 while Ethereum slips to $2,190. XRP and BNB edge higher. Altcoins surge: RAVE +187%, INX +115%, TRADOOR +97% as capital rotates from majors to small caps.
Zetachain hinted at a June 22 event exclusive to ZETA holders. The community speculates on a Binance listing, major partnership, or airdrop. But the token slid nearly 5% amid broader market jitters.
Dutch gambling authority Ksa ordered Polymarket to cease operations immediately, imposing a weekly penalty of €420,000 for unlicensed political betting. The platform faces global regulatory heat.
Bitcoin traders rush to buy short-term put options targeting $52,000, driven by hawkish Fed, ETF outflows, and Strategy's STRC plunge. Deribit data shows heavy flows across June 22 to July 31 expiries. BTC trades near $62,400.
