Chainlink has joined a multinational banking initiative involving 47 European and South Korean banks to develop near real-time cross-border foreign exchange settlement, marking one of the largest institutional experiments yet in stablecoin-based payment infrastructure. The initiative, called Project Pangea, brings together Chainlink, Qivalis and UniKA to test atomic payment-versus-payment settlement between euro- and Korean won-denominated
The U.S. Senate could release dedicated crypto tax legislation as early as fall 2026, potentially giving the digital asset industry a long-awaited framework for how tokens, stablecoins, staking rewards and decentralized finance activity should be treated under federal tax law. The expected timeline comes as lawmakers continue to separate crypto tax policy from broader market-structure
Key Facts KuCoin Pay announced on 24 June 2026 the expansion of its transfer-based payment capabilities across Bangladesh, Mexico and Zambia. The rollout connects digital assets with local rails: bKash and Nagad in Bangladesh, SPEI-compatible bank transfer routes in Mexico, and MTN and Airtel mobile money in Zambia. KuCoin Pay routes payments through local transfer
Why Is CEA Industries Changing Its Board? BNB treasury company CEA Industries has entered a cooperation agreement with YZi Labs, ending a governance dispute that had placed the company’s strategy, board oversight, and execution under pressure. Under the agreement, CEA appointed YZi Labs head Ella Zhang, YZi investment partner Alex Odagiu, and Bloq co-founder Matthew
Why Is Binance’s EU Access Under Pressure? Binance is facing a tight regulatory deadline in the European Union after its attempt to secure permission under the bloc’s new crypto licensing regime failed, putting access for millions of users at risk. The crypto platform had sought approval in Greece to offer services such as crypto trading
MainStreet-related stablecoin MSUSD fell as much as 85% from its intended $1 peg after reserve-verification provider Accountable ended its service agreement with the protocol, triggering a broader liquidity scare across linked DeFi markets. The token dropped to as low as $0.065 during the sell-off before partially recovering, according to market data. The pressure quickly spread
U.S. spot crypto exchange-traded funds recorded no flow activity on June 19 because U.S. stock markets were closed for Juneteenth, leaving investors to assess a weak four-day trading week that ended on June 18. The holiday closure meant no regular trading for U.S.-listed spot Bitcoin and Ether ETFs and no new creation or redemption data
Why Is Baillie Gifford Moving Fixed Income Onchain? Baillie Gifford has launched a tokenized fixed-income fund with BNY, bringing a traditional actively managed bond strategy onto public blockchain rails through Ethereum and Solana. The Edinburgh-based investment firm, founded 118 years ago, unveiled the Baillie Gifford Enhanced Yield Fund, a dollar-denominated product that gives eligible investors
Why Is MoneyGram Moving Into Solana? MoneyGram has become a validator on the Solana blockchain and joined the Solana Developer Platform, marking the payments company’s formal entry into the Solana ecosystem as blockchain infrastructure becomes a larger part of its payments strategy. The move makes Solana the third network where MoneyGram operates an official validator,
Why Did Fomo’s Series B Draw Attention? Consumer crypto trading app Fomo has raised $75 million in a Series B round led by Index Ventures, valuing the startup at $550 million as it looks to expand its team and consider potential acquisitions. Union Square Ventures also participated in the round, joined by angel investors including