by Michael
Key TakeawaysPresident Donald Trump generated a $636 million payout from his TRUMP memecoin while 988,905 buyers lost $3.81 billion.Advanced crypto traders using automated tools took $4 billion in profits before the $TRUMP coin crashed 97%.NYU’s Stephen Gillers warns... 
by Michael
Key TakeawaysKenya’s National Treasury proposed a mandate forcing stablecoin issuers to hold 30% of reserves in local banks.Crypto platforms warn the rule could trap liquidity and increase remittance costs across Kenya.Industry leaders seek to continue 2026 talks with... 
by Michael
Key TakeawaysBrazil’s police launched Operation Exchange, disrupting a PCC ring that laundered $2B via crypto.An uncoordinated U.S. OFAC designation leaked the raid, letting a key laundering suspect escape.Authorities executed 24 warrants in Sao Paulo, capturing one... 
by Michael
Key TakeawaysRussia scheduled the digital ruble for a September launch, integrating top banks into the network.The central bank plans to host CBDC wallets on private balance sheets, boosting commercial adoption.Officials are designing ruble smart contracts, giving... 
by Michael
Key TakeawaysThe Central Bank of the UAE granted an NOC to the DDSC stablecoin, moving it past a 2026 institutional phase.DDSC offers a 1-to-1 dirham peg to challenge the U.S. dollar stablecoins that command over 90% of the market.Approved VARA platforms will next... 
by Michael
Key TakeawaysFacebook helped reveal a June 6, 2026, jackpot after an unregistered ticket delayed the alert.Lott Members Club highlighted how unregistered tickets can leave 1.6M AUD winners undiscovered.Queensland couple plans to use the June 6, 2026, prize for a home,... 
by Michael
Key TakeawaysOn July 1, 2026, SARS published a draft guide establishing foundational tax rules for crypto assets.Up to 6 million local traders face tight SARS audits and tax rates ranging from 18% to 45%.Citizens have until Aug. 31, 2026, to submit public comments to... 
by Michael
Key TakeawaysVALR and Hyperliquid debut 200+ markets as on‑chain perps volume tops hundreds of billions daily.Gianluca Sacco says VALR’s 24/7 access to FX, equities and crypto expands South Africa’s regulated perp trading.Hyperliquid’s rise and 2023–2026 perp growth... 
by Michael
Key TakeawaysCoinbase emphasized progress across tokenized stocks, perpetual derivatives, AI-powered tools, payments and onchain infrastructure.Its broader strategy centers on expanding access to more assets, markets and financial tools through one platform.Several... 
by Michael
Key TakeawaysSolana’s growth is being driven by applications across DeFi, social trading, and decentralized infrastructure.Grayscale highlighted Raydium, Pump.fun, and Geodnet as examples of active Solana-based applications.The crypto asset manager says SOL offers... 
by Michael
Key TakeawaysPoland bought 18 tonnes of gold in May 2026, lifting its reserves to 614 tonnes as it chases a 700-tonne goal.The WGC found 89% of central bankers expect global official gold holdings to keep climbing into 2027.The Czech National Bank has bought gold for... 
by Michael
Key TakeawaysTreasury Secretary Scott Bessent said stock gifts open a pathway for large-scale private giving to children.About 1.4 million children born between 2025 and 2028 qualify for $1,000 in federal seed money.Goldman Sachs and Morgan Stanley now offer employer... Translate »
