Invesco Galaxy files for Solana ETF, 9 issuers now in the race
Invesco Galaxy has filed for a Solana ETF, joining eight other asset managers. The proposed ETF would track SOL’s spot price, reflecting growing interest in altcoin ETFs following Bitcoin and Ethereum ETF successes.
Yuan vs. Greenback: China’s Quiet Campaign for Financial Supremacy – Economics Bitcoin News
China is increasing efforts to boost the yuan’s global role and reduce dependence on the U.S. dollar amid declining confidence in the dollar’s dominance.
Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks – The Daily Hodl
Barclays will ban all crypto transactions on its bank cards starting June 27, 2025, citing volatility risks and lack of consumer protection, despite investing in BlackRock’s Bitcoin ETF.
Crypto exchange Kraken secures MiCA license in Ireland
Kraken secured a MiCA license from Ireland’s Central Bank, enabling EU expansion. The exchange now offers regulated services across 30 EEA states, following previous MiFID and EMI approvals.
Sen. Cynthia Lummis Pushes For New Crypto Legislation In 2025
Sen. Cynthia Lummis urges U.S. lawmakers to advance the GENIUS Act and crypto market structure legislation in 2025, emphasizing bipartisan cooperation for stablecoin regulation.
US Senator sets 2026 goal for two crypto bills
Senator Cynthia Lummis aims to pass the CLARITY Act and GENIUS Act by 2026, focusing on stablecoins and crypto market structure regulations in the US.
European Commission to ease rules on foreign stablecoins despite ECB opposition
The EU plans to ease restrictions on foreign stablecoins like USDC and USDT, allowing them to circulate freely despite ECB concerns about financial stability and monetary sovereignty.
Employee at Billion Dollar Bank Embezzles $44,000 From Customer Accounts Before Being Banned From Industry – The Daily Hodl
A Bank of Hawaii employee embezzled $44,000 from customer accounts, falsified signatures, and faced an industry ban. She was later arrested for credit card fraud and identity theft.
Fannie Mae, Freddie Mac to recognize crypto assets in mortgage risk assessments
Fannie Mae and Freddie Mac will now include cryptocurrencies in mortgage risk assessments, recognizing them as reserve assets without requiring conversion to USD.
Barclays to ban crypto transactions on credit cards from Friday
Barclays will block crypto transactions via its credit cards starting Friday, citing volatility risks and lack of investor protections, amid UK debates on crypto credit restrictions.
