CLARITY Act Heads Into Decisive July as House Schedules Back-to-Back Crypto Hearings
Key Takeaways The House Financial Services Committee has set July 14 and July 17 hearings touching Fed policy and the CLARITY Act. Fed Chair Kevin Warsh will testify July 14, sharing the spotlight with the crypto market-structure push. Lummis is…
Coins.ph Partners with Clear Junction to Expand Services into Europe and UK
Philippine digital asset platform Coins.ph has announced a strategic partnership with London-based payment infrastructure provider Clear Junction to expand its cross-border payment and financial services into the European and United Kingdom markets. The partnership enables Coins.ph to utilize Clear Junction’s…
Bitcoin Bulls Lose $160M as BTC Slides Under $62K and Analysts Eye $50K Target
Key Takeaways Crypto liquidations topped $700 million on Tuesday as bitcoin fell under $62,000, wiping out June 22 gains. Long positions made up 80% of total losses, hitting bitcoin and ethereum for a combined $369 million. Analysts predict a nested…
Musk Loses $150 Billion in a Day as SpaceX Stock Tumbles Hard
Key Takeaways SpaceX (Nasdaq: SPCX) fell 16% yesterday to $154.60, a three-day loss of 23%. Musk’s net worth dropped about $150 billion in a day, leaving him worth roughly $1 trillion. Ark Invest bought 210,121 SPCX shares worth $32.5 million,…
South Korea Seeks to Expand FATF Crypto Travel Rule to Small Transactions
South Korea called for a consistent global regulatory framework and the expansion of the Travel Rule to counter cross-border money laundering involving virtual assets and decentralized finance (DeFi). Lee Hyung-joo, Chief of the South Korean Financial Intelligence Unit (FIU), made…
Google Earth’s Hidden Flight Simulator Is Now Playable in Web Browsers
Key Takeaways node=”” data-is-only- node=””> Google moved Earth’s 2007 flight sim to the web June 12, 2026, with no app needed. Google Earth’s free 3D flights point to heavier browser-based visual tools. node=””>Google can pair Gemini with 3D maps next…
SEC Opens Consultation on Market Maker Rules to Boost Liquidity
The Securities and Exchange Commission (SEC), in coordination with local exchanges, issued draft rules on June 17 to establish a regulatory framework for market making in listed securities. The commission is currently soliciting public feedback on the proposed guidelines, with…
Alleged ‘Pig Butchering’ Prince Group Kingpin Hu Shi Arrested in Japan
Key Takeaways Hu Shi of Prince Group was arrested on June 14, further tightening global enforcement against pig butchering rings. In 2025, the DOJ launched a 127,271- bitcoin forfeiture action against Prince Group, its largest action ever. After the rise…
BSP Lifts InstaPay and PESONet Fee Hike Moratorium Under New Payment Rules
The Bangko Sentral ng Pilipinas (BSP) has lifted its moratorium on transaction fee increases for automated clearing houses InstaPay and PESONet under new digital payment pricing rules, according to central bank documents issued in June 2026. Under Memorandum No. 2026-025,…
Trump Executive Order Sets Deadlines for Federal Shift to Quantum-Resistant Encryption
Key Takeaways Federal departments must shift sensitive systems to quantum-resistant cryptographic standards. New requirements assign agency leads, inventories, planning duties, and oversight responsibilities. Broader implementation could affect contractors, infrastructure operators, and international cybersecurity coordination. Agencies Face 2030 and 2031 Deadlines…
