Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28
BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur adoption. Binance shutters services in Europe after failing to secure a license.
BIS warns stablecoins risk fragmenting global financial system
The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money.
EU watchdog EBA details big crypto fines as landmark laws bite
The European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue.
Binance posts over $400M in weekly net outflows as MiCA deadline nears
Early exchange flow data show no clear signs of a mass migration from Binance ahead of the EU MiCA transition deadline, despite rivals' efforts to attract users.
Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
Grayscale's research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC.