Key Takeaways Chainlink’s Project Pangea unites 37 European banks and 10-plus Korean lenders in a $9.6T FX settlement push. UniKA members, including Shinhan Bank, aim to cut Korean won reliance on intermediary currencies by 2026. Fairsquarelab’s Pangea layer one (L1) guarantees oracle price updates execute first, ahead of every block transaction. What Project Pangea Is…
Key Takeaways Markets pushed XRP lower as selling activity kept prices near support. Meanwhile, Ripple advanced its European expansion through preliminary MiCA licensing approval. Traders now watch the $1.09 area as downside risks remain elevated. XRP Price Faces Pressure Near Key Support At 12:44 p.m. EDT on June 23, XRP is trading at $1.09976, down…
Key Takeaways Nasdaq lost nearly 400 points by 10:48 a.m. as Micron led a June 23 chip selloff. Fed signals kept pressure on artificial intelligence (AI) valuations, with Warsh’s 2026 dot plot at 3.8%. Micron’s June 24 report may test AI memory demand as Iran talks enter 60 days. At 10:48 a.m. Eastern time on…
Key Takeaways Allium closed a $40M Series B led by Amplify Partners, bringing total funding to roughly $61.5 million. Visa and BCG built stablecoin dashboards on Allium, which now serves 150-plus enterprise customers across major banks and asset managers. Amplify’s David Beyer cited artificial intelligence (AI) agent-driven blockchain payments as Allium’s largest long-term growth opportunity….
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 targeting a Senate floor vote before the August recess, with the bill needing 60 votes….
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 payment infrastructure to process collections and disbursements in Euros (EUR) and British Pounds (GBP) for…
Key Takeaways Bitcoin ETFs lost $68.18M on June 22, with IBIT and GBTC driving the outflows. XRP ETFs gained $5.31M, showing selective demand as ether funds lost $66.38M. ARKB, FBTC, and MSBT drew inflows, hinting institutional interest remains active. XRP ETFs Extend Winning Run With $5.3M Inflow as Bitcoin Funds Stay Weak The week opened…
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 the remarks during the 6th Plenary Meeting of the 34th Financial Action Task Force (FATF)…
Key Takeaways The Senate passed the ROAD to Housing Act 85-5 on June 22, banning a Fed CBDC through 2030. The measure bars the Federal Reserve from issuing a digital dollar directly or through intermediaries. The House could vote as soon as Tuesday, sending the bill to President Trump to sign into law. A Four-Year…
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, the Monetary Board approved the lifting through Resolution No. 498, effective alongside BSP Circular No….
