Crypto


Policy

Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto

She has previously called for crypto to be regulated while recognizing the technology's potential.

Tulip Siddiq, the new U.K. City Minister (UK Parliament)

Finance

Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan

Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.

(Shutterstock)

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Policy

Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans

While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.

Labour Party leader Keir Starmer secured victory in the U.K. election (Matthew Horwood/Getty Images)

Policy

Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures

The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.

BIS building (BIS)

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Markets

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy

The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)