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YOU WONT BELIEVE: 7 | Mind Blowing Facts

Crypto firms operating in UK to be subject to sweeping new rules

City regulator will require booming industry to prove its resilience to risk from October next year

The Guardian - UK

Bitcoin plunges to year-low price as ‘crypto winter’ descends

More than $2 trillion has been wiped from the crypto market since its peak

The Independent UK

Reform UK would gladly accept more donations from billionaire – Nigel Farage

Mr Farage is currently being investigated by Parliament’s standards commissioner over a £5 million gift, which critics say he should have declared.

Evening Standard

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Digital asset reform to be debated at SEC public hearing

The Securities and Exchange Commission (SEC) has launched a public hearing on introducing the Travel Rule for digital assets, a move aimed at improving the traceability of digital asset transactions and bringing the country's regulatory framework into line with international standards.

Bangkok Post

Thai-based crypto investor funding Reform unlikely to avoid cap on overseas donations

Christopher Harborne, who also gave Nigel Farage £5m ‘gift’, reported to have registered to vote in Hampshire

The Guardian - UK

BlackRock's Bitcoin ETF Just Had Its Worst Month Ever. Here's What's Next

BlackRock's iShares Bitcoin Trust, the product that turned "institutional demand" into a tidy bull-market slogan, just ran the slogan in reverse.

International Business Times

Bitcoin Trades Near $60,000 As Strategists Flag Technical Breakdown, ETF Outflows

Bitcoin's slide toward $60,000 has drawn renewed attention from Wall Street strategists as ETF outflows and macro pressures reshape investor positioning across digital assets.

International Business Times

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Trafficked, beaten and raped: raids reveal scale of abuse of women in Asia’s cyberscam centres

As tens of thousands are freed, female survivors are increasingly reporting gender-based violence in the compounds, previously thought to hold mainly men

The Guardian - UK

Thai-EU trade pact chapter on state enterprises completed

Thailand and the European Union (EU) have concluded negotiations on the chapter covering trade and services of state enterprises for a proposed free trade agreement (FTA), says Tibordee Wattanakul, director-general of the State Enterprise Policy Office.

Bangkok Post

‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law

Up to 4,000 community banks fear looming legislation to regulate digital cash will deprive rural firms and farmers of $850bn-worth of loans

The Guardian - UK

Lost your crypto access code? Be wary, there‘s a scam for that too

A niche type of fraud is lucrative enough for criminals to set up fake websites with dodgy software to harvest your data

The Guardian - UK

Bitcoin ETFs Post Record $6.4 Billion Outflows As BTC Slides To 2024 Lows

U.S. spot bitcoin ETFs have recorded their largest monthly withdrawal streak since launch as risk-off sentiment spreads across crypto markets and broader macro conditions remain tight.

International Business Times

86-year-old Canadian woman loses $900,000 in AI crypto scam she found on Facebook; friend says she nearly took her own life

An elderly woman from Ontario, aged 86, unfortunately fell victim to a cryptocurrency scam that cost her over $900,000. Deceived by a deepfake video featuring Mark Carney, she believed in a fraudulent investment platform that claimed to have the Bank of Canada’s endorsement. In a desperate move, she invested her…

The Times of India

Binance Says Some European Clients Could Be Affected After Not Getting a Regulatory License

Binance said some of its European clients could be affected after not managing to secure a license to operate across the bloc.

International Business Times

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International Business Times

Kraken Parent Payward Sues PowerTrade Over Alleged $7.2M Crypto Asset Misuse

Payward has launched legal proceedings seeking recovery of digital assets and trading gains it says were improperly taken from its institutional derivatives account.

The Guardian - UK

Robert Jenrick says questions about £5m donation to Farage are legitimate

Reform MP appears to contradict party leader’s claim money from crypto billionaire is ‘none of your business’

Bangkok Post

Thailand seeks Chinese fugitive over illegal crypto mining

Thailand has issued an arrest warrant for a Chinese businessman featured in a Reuters investigation ‌into transnational crypto-investment fraud, alleging he was part of a network that laundered money from scams and online gambling through illegal cryptocurrency mining.

The National (Scotland)

Labour ask finance watchdog to probe Nigel Farage over billionaire's secret £5m gift

LABOUR have asked the UK financial watchdog to investigate whether Nigel Farage’s support for cryptocurrency has benefitted the billionaire donor…

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news in one place.

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Bangkok Post

DSI accepts forex fraud case

The Department of Special Investigation (DSI) has formally accepted a foreign exchange (forex) investment fraud case as a special investigation, citing extensive online solicitation and evidence of widespread financial damage.

International Business Times

EU Crypto Rules Force Industry Shake-Up As Most Firms Lack New Regulatory Approval

Europe's landmark crypto regulations have left many firms scrambling to secure authorization as licensed operators gain access across all 27 member states.

International Business Times

Binance Says It Will Remain In Europe Despite a Regulatory Setback

Binance is saying it will continue operating in Europe despite a recent regulatory setback.

Ballotpedia

Gov. McKee (D) signs bill to require governor, legislature agreement before opting into Education Freedom Tax Credit

On June 18, Rhode Island Governor Dan McKee (D) signed H 7163 which requires the Rhode Island General Assembly and the governor to approve any effort to opt into the Education Freedom Tax Credit (EFTC). It specified that the state may only participate if the legislature passes a bill that…

International Business Times

Ethereum Foundation Cuts 20% Of Staff Amid Leadership Exodus

The Ethereum Foundation has reduced its workforce while reorganizing internal operations into new clusters amid continued leadership changes across the organization.

The Guardian - UK

‘I’ll spend it on Ferraris if I want’: how frustrated Farage squirmed over £5m gift

Whether the money was a reward for Brexit or for his security, media interest in it has intensifed as the Reform UK leader returns to the public eye

International Business Times

Ripple Beat Europe's Crypto Deadline by 8 Days. Most Firms Won't Make It.

On June 23, Ripple, the parent company of XRP, announced a preliminary CASP "Green Light Letter" from Luxembourg's financial regulator, the CSSF, under MiCA.

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