World Liberty Financial Inc., a crypto firm linked to the Trump family, is under renewed scrutiny by US regulators and Congress amid its application for a national trust-bank charter. The Office of the Comptroller of the Currency (OCC) confirmed it is reviewing the application under existing laws despite political pressure from Democratic lawmakers concerned about the firm's Trump ties, foreign investors, and crypto partners like Binance. The hearing also covered broader stablecoin regulation under the GENIUS Act, with regulators proposing new rules for stablecoin issuers and debating their role in faster payments. The Federal Reserve is monitoring limited payment system access granted to crypto exchange Kraken as it develops formal policies for similar cases.
Cryptocurrency markets saw a broad decline with major coins like Bitcoin dropping 3.67% to $63,317 and Ethereum falling 3.10% to $1,764.97. Other notable coins such as Binance Coin, Solana, and Cardano also experienced significant losses. Stablecoins...
Ethereum's retail accumulation addresses have surged to near-record levels in late 2025 and early 2026, indicating strong buying interest from smaller investors. However, key on-chain metrics like the Spent Output Profit Ratio (SOPR) hovering near 1 ...
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.56% to $65,940 and Ethereum falling 5.02% to $1,828.59. Other notable decreases include Binance Coin down 6.12% and Cardano down 4.14%. Some coins like Near Protoco...
Grayscale filed a third amendment to its S-1 registration for a proposed spot BNB ETF, revealing the Nasdaq ticker GBNB. The filing removes a previous BNB contribution arrangement and confirms BitGo as custodian and BNY Mellon as administrator. The S...
On June 3, 2026, the CoinDesk 20 Index fell 0.6%, led by Bitcoin Cash (BCH) which dropped 10.7%, the largest decline among the index's assets. Binance Coin (BNB) also underperformed, falling 3.4%. Despite these losses, 15 of the 20 assets in the inde...
