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Chinese billionaire Miles Guo gets 30 years in $1B crypto fraud case
Posted inCryptocurrency

Chinese billionaire Miles Guo gets 30 years in $1B crypto fraud case

Self-exiled Chinese billionaire Miles Guo has been sentenced to 30 years in a U.S. prison after being convicted in a fraud scheme that prosecutors said stole more than $1 billion…
Posted by bitunikey@gmail.com June 30, 2026
Binance touts $300M compliance spend after $10.5B fraud blocks
Posted inCryptocurrency

Binance touts $300M compliance spend after $10.5B fraud blocks

Binance says it spends about $300 million a year on compliance, making user protection one of its largest operating expenses.  Summary Binance says compliance spending reached $300 million yearly as…
Posted by bitunikey@gmail.com June 30, 2026
KuCoin faces scrutiny over alleged legal threat in stolen funds case
Posted inCryptocurrency

KuCoin faces scrutiny over alleged legal threat in stolen funds case

KuCoin is facing new scrutiny after blockchain investigator ZachXBT claimed the exchange sent legal warnings to a victim whose stolen funds were allegedly routed through KuCoin-linked accounts.  Summary A crypto…
Posted by bitunikey@gmail.com June 30, 2026
MiCA shake-up leaves five EU states with zero crypto licenses
Posted inCryptocurrency

MiCA shake-up leaves five EU states with zero crypto licenses

Germany and France have taken an early lead in the European Union’s new crypto licensing system as the MiCA deadline approaches.  Summary Germany and France now hold over one-third of…
Posted by bitunikey@gmail.com June 30, 2026
ARK buys Coinbase, Circle, Bullish and Robinhood as stocks rally
Posted inCryptocurrency

ARK buys Coinbase, Circle, Bullish and Robinhood as stocks rally

Cathie Wood’s ARK Invest bought more shares of Coinbase, Circle Internet Group, Bullish and Robinhood on Monday as crypto-linked stocks moved higher.  Summary ARK bought nearly $16.9 million in crypto-linked…
Posted by bitunikey@gmail.com June 30, 2026
Securitize’s $400M SPAC deal sets up Thursday NYSE debut
Posted inCryptocurrency

Securitize’s $400M SPAC deal sets up Thursday NYSE debut

Securitize is expected to begin trading on the New York Stock Exchange on July 2 after shareholders of Cantor Equity Partners II approved the proposed business combination. Summary Securitize secured…
Posted by bitunikey@gmail.com June 30, 2026
SEC wins NanoBit crypto fraud case as court orders over $5.5M
Posted inCryptocurrency

SEC wins NanoBit crypto fraud case as court orders over $5.5M

The U.S. Securities and Exchange Commission has secured a final default judgment in its case against NanoBit Limited and several linked defendants.  Summary SEC judgment orders NanoBit-linked defendants to pay…
Posted by bitunikey@gmail.com June 30, 2026
UK crypto firms face 2027 deadline under final FCA rules
Posted inCryptocurrency

UK crypto firms face 2027 deadline under final FCA rules

The U.K. Financial Conduct Authority has set the next stage of its crypto rulebook, giving firms a clear path toward full authorization before the new regime starts.  Summary Crypto firms…
Posted by bitunikey@gmail.com June 30, 2026
CBDC ban rides housing bill into Trump’s 10-day deadline
Posted inCryptocurrency

CBDC ban rides housing bill into Trump’s 10-day deadline

U.S. President Donald Trump is facing a short decision window after House Speaker Mike Johnson sent the 21st Century ROAD to Housing Act to the White House on Monday.  Summary…
Posted by bitunikey@gmail.com June 30, 2026
Galaxy Digital cuts CLARITY Act odds as Tim Scott pushes ahead
Posted inCryptocurrency

Galaxy Digital cuts CLARITY Act odds as Tim Scott pushes ahead

The chances of the CLARITY Act becoming law in 2026 have narrowed after Galaxy Digital reduced its approval odds to 50%, even as Senate Republicans continue pushing for a vote…
Posted by bitunikey@gmail.com June 29, 2026

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