Author: CoinNewsJunction.com

Key TakeawaysCFTC proposed a June 10 framework with a 90-day review for certain event contracts.Kalshi gains clearer rules, while Polymarket may benefit from reduced regulatory uncertainty.CFTC’s comment period runs 30-90 days; new contract filings are expected next. The move replaces an approach that prior CFTC leadership had tried and failed to advance. In 2024, the agency proposed sweeping amendments to Regulation 40.11 that would have defined “gaming” broadly enough to effectively ban most sports and political event contracts from CFTC-registered platforms. That proposal drew sharp criticism for overreach and was withdrawn in February 2026. The June 10 rulemaking, formally designated…

According to a statement shared by Robinhood chief executive Vlad Tenev on X on Tuesday, Robinhood Securities is now approved to serve as an underwriter, allowing the company to move beyond distributing IPO shares and into the group of firms that help bring companies public. Summary Robinhood Securities has received approval to serve as an IPO underwriter, expanding its role in public market offerings. A Talos and Coin Metrics report said onchain pre IPO futures are emerging as an additional signal of investor demand ahead of major listings. Tenev did not specify which regulator granted the approval. In the U.S.,…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

TLDR: Vietnam’s digital law recognises crypto assets as property while enabling five-year pilot exchange prog SSC officials said Vietnam is building a regulated crypto framework with AML, custody and investor safeguards Tokenised assets including real estate and infrastructure could reach $70–80B in Vietnam by 2030, per projections Vietnam ranks 7th globally in crypto users as ETF growth and APAC volumes continue rising sharply Vietnam’s State Securities Commission said crypto assets and tokenised real-world assets are entering the country’s formal digital economy framework. Officials said preparations are underway for a regulated crypto asset market launch planned for the third quarter of…

TLDR Over 200 crypto companies and groups urged a Senate vote on the Clarity Act. Coinbase, Ripple, Kraken, Circle, and Binance US signed the industry letter. Stand With Crypto said it mobilized nearly 3 million advocates nationwide. The Senate Banking Committee passed the Clarity Act with bipartisan support. Senator Cynthia Lummis confirmed the bill now moves toward a floor vote. More than 200 digital asset companies and trade groups urged Senate leaders to schedule a floor vote on the Digital Asset Market Clarity Act. Stand With Crypto coordinated the letter with the Blockchain Association, the Crypto Council for Innovation, and…

A Solana staking whale, monitored by Arkham Intelligence under the entity name ‘SOL Staking Whale’, has lost most of the profits it made in a span of 5 years in the recent market crash. At the start, the whale invested about $26 million in assets. The total amount spiked to $337 million over 5 years. However, the whale profit and accumulation have tanked to about $26 million in the current market geopolitical drama. Throughout the trade journey, the whale has withdrawn SOL worth $137.67M from market gains. SOL whale loses millions amid market downturns As reported by Arkham Intelligence, the…

South Korean police have reportedly searched Bithumb’s offices as part of an investigation into allegations that independent lawmaker Kim Byung-gi used his political influence to help secure employment for his son at cryptocurrency companies. Summary South Korean police searched Bithumb as part of an investigation into allegations that lawmaker Kim Byung-gi sought jobs for his son at crypto firms. Authorities are examining whether Kim’s position influenced hiring decisions at Bithumb and Upbit operator Dunamu. The investigation adds to regulatory pressure on Bithumb, which is already contesting a $24.6 million AML-related penalty in court. According to a Monday report from News1,…

TLDR: PYUSD supply shrinks 31% from $4.2B ATH, dropping to $2.92B amid shifting liquidity flows in 2026 Over $1B wiped from circulation as market volatility reduces stablecoin minting and exchange inflows PayPal expands PYUSD across 70 markets, boosting wallet usage and cross-border payment access globally Stablecoin remains mid-tier as USDT and USDC dominate broader crypto liquidity and settlement flows PYUSD supply contraction has drawn attention across stablecoin markets as PayPal’s dollar-backed asset retraces from its $4.2 billion March peak to around $2.92 billion. The movement reflects shifting liquidity conditions, softer market participation, and evolving usage patterns even as PayPal continues…

Solana price has fallen to a multi-year low as a major corporate holder moved $31.9 million worth of SOL to Coinbase Prime, adding to fears that whales are reducing exposure during the market selloff. Summary Solana price fell to a multi-year low near $60 as whale transfers, ETF outflows, and market-wide liquidations intensified selling pressure. Forward Industries moved $31.9 million worth of SOL to Coinbase Prime, fueling concerns that large holders may be reducing exposure. Technical indicators and liquidation data suggest a break below current support could expose SOL to the $55–$50 region. According to data from crypto.news, Solana (SOL)…

Dogecoin has fallen to its lowest level in years after a decisive breakdown from a multi-year head-and-shoulders pattern added fresh selling pressure during the latest crypto market rout. Summary Dogecoin price has broken below a multi-year head-and-shoulders neckline, putting the meme coin under renewed bearish pressure. Crypto analyst Ali Martinez says DOGE is testing key channel support, with $0.1019 and $0.1156 acting as recovery targets if buyers step in. A breakdown below the current support zone could expose the next major downside level near $0.067. According to crypto.news data, Dogecoin (DOGE) price traded near $0.081 on June 6 after losing…