Key Takeaways On June 18, CME CEO Terrence Duffy plans to sue the CFTC over its landmark approval of crypto perpetual futures.Kalshi’s new crypto derivatives saw huge market demand, clearing over $3 billion in volume […]
Key Takeaways The Federal Reserve and 4 agencies proposed KYC requirements for payment stablecoin issuers on June 18, 2026.Gov. Michael Barr warned the GENIUS Act fails to adequately address illicit finance risks in stablecoin secondary […]
Key Takeaways SBI Shinsei Trust Bank issued JPYSC on June 24, 2026, as Japan’s first Type III trust-backed yen stablecoin.JPYSC carries no transaction caps and allows up to 50% JGB reserves, advantages JPYC cannot match.SBI […]
Key Takeaways Allium closed a $40M Series B led by Amplify Partners, bringing total funding to roughly $61.5 million.Visa and BCG built stablecoin dashboards on Allium, which now serves 150-plus enterprise customers across major banks […]
Key Takeaways Gold fell to $4,156 on June 19, its third straight weekly loss amid Fed rate hike bets.Goldman Sachs cut its 2026 gold target to $4,900 from $5,400 on June 13-20 data.Lawrence Lepard says […]
Key Takeaways Schwab will offer binary S&P 500 options through a Cboe Global Markets partnership in the coming months.Schwab manages $11.8 trillion in client assets across 47.2 million accounts as of Q1 2026.CEO Rick Wurster […]
Key Takeaways Fed Chair Kevin Warsh and the rest of the board held rates at 3.50%-3.75% and eliminated forward guidance at the June 17 FOMC meeting.Bitcoin dropped to an intraday low of $62,236 on Thursday, […]
Key Takeaways STRC hit $82.53 on June 18 before Strategy’s preferred stock closed at $88.59.Strategy’s $10.5B STRC stack showed bitcoin-linked credit can trade far from par.Michael Saylor’s 11.50% STRC rate now faces a fresh test […]
Key Takeaways Proposed legislation would extend wash sale restrictions to many cryptocurrency transactions.Investors could face limits on claiming losses after rapid asset repurchases.Exemptions cover qualified U.S. dollar stablecoins and digital assets acquired through staking, mining, […]
Key Takeaways Coinbase invested in a money market fund designed for stablecoin reserve eligibility.The GENIUS Act is increasing focus on liquidity, transparency, and redemption support.ETF-based reserve products could expand options for digital asset issuers. Coinbase’s […]
© Copyright 2026 TheCryptoMagic.com
