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….
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 as AI assistants gain spatial context. For years, one of Google Earth’s most fun tricks…
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 the submission period open until July 7, 2026. Under the proposed framework, market making aims…
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 in pig butchering scams, FBI Director Kash Patel targets crypto criminals. Cyprus National Tied To…
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 for Sensitive Federal Systems President Donald Trump ordered federal agencies to move high-value assets and…
