Top story: EU crypto deadline July 1 threatens 75% of firms. At publication, Bitcoin was at $86,254 (+1.4% in 24h), Ether at $2,724.46 (+1.1% in 24h) and the total crypto market cap at $2.92 trillion (-1.7% in 24h).
The European Union's temporary permission for crypto exchanges and wallet services expires July 1, 2026, forcing unlicensed firms to halt operations. Industry sources estimate 75% of EU crypto firms may lose their licenses, potentially displacing millions of users who must migrate funds or switch to compliant platforms.
OKX and NYSE parent company ICE launched OKXICE, a joint venture offering 24/7 trading in 63 tokenized U.S. stocks under the SEC's five-year innovation exemption. The venture establishes a regulatory pathway for blockchain-based equity trading in the United States.
SEC Commissioner Hester Peirce has departed the agency after years as a vocal dissenter on crypto regulation. Her exit removes a consistent internal voice advocating for industry-friendly rulemaking within the SEC.
CFTC staff issued guidance Friday providing designated contract markets a no-action path to convert perpetual-style digital commodity futures into true perpetuals. The ruling removes a regulatory obstacle to expanding the U.S. crypto derivatives market.
Japan added Garantex and 32 other Russian entities to its sanctions asset-freeze list, citing the cryptocurrency exchange's role in processing illicit transactions. The action reflects coordinated global efforts to restrict financial flows tied to sanctioned jurisdictions.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
You're receiving this because you confirmed a subscription at coinarticle.com.