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BIS warns stablecoins risk fragmenting global financial system

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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.

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Coin Market

EU Watchdog EBA Details Big Crypto Fines as Landmark Laws Bite

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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.

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Coin Market

Will Bitcoin price recover in July?

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Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play.

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Binance posts over $400M in weekly net outflows as MiCA deadline nears

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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.

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