The European Central Bank (ECB) has reduced interest rates to 3.75%, marking its first cut in five years. This decision, said to stimulate economic growth amidst slowdown signals in the Eurozone, could increase crypto demand as investors look for higher yields. Crypto experts believe lower rates will make high-risk assets like crypto more appealing, potentially boosting Bitcoin and influencing the stablecoin sector significantly, especially with upcoming MiCA regulations.

Julia Leung, the chief executive of the Hong Kong Securities and Futures Commission (SFC), has recognized Bitcoin's resilience as an alternative asset with significant staying power, despite the skepticism about its intrinsic value. In the backdrop of Hong Kong launching a licensing framework for crypto trading platforms, Leung also highlighted the strict regulations that some argue deter global exchange participation and impact investor confidence negatively. Additionally, the SFC's efforts extend to regulating stablecoins and advancing the Web3 ecosystem while maintaining investor safeguards.

The US Financial Services Committee hearing revealed differing views on real-world asset tokenization and its regulatory needs.

Carlos Domingo, co-founder and CEO of the real-world asset tokenization firm Securitize, testified at a House Financial Services Subcommittee on …

Daniel Gorfine emphasizes that U.S.-backed stablecoins offer a key opportunity for the U.S. to strengthen its financial dominance.

A US Financial Committee hearing will explore the potential and regulation needs for real-world assets tokenization.

With an eye on market integrity, Argentina is rolling out a national registry for crypto exchanges, signaling a tightening grip on the burgeoning sector.

US political shifts and regulatory clarity could unlock trillions in crypto investments, according to Bitwise's Matt Hougan.

Turkey's Treasury and Finance Minister Mehmet Şimşek is reportedly considering a new tax on gains from investments in stocks and crypto as part of efforts to support disinflation

Euro-pegged stablecoin issuer Lugh appears to be throwing in the towel ahead of the European Union's Markets in Crypto-Assets Regulation (MiCA) …

The Tesla CEO faces claims he pocketed $3 billion in ill-gotten gains in late 2022 after learning car sales wouldn't deliver the 'epic end of year' he promised.

Binance to limit non-compliant stablecoins under EU's MiCA regulation.

In this week’s #hearsay column, Dorian Batycka marks the 100-year anniversary of the Bohemian writer Franz Kafka’s death on June 3, 1924, taking you on a literary journey through the most “Kafkaesque” moments in all of crypto.

Michael Saylor and MicroStrategy agree to a $40 million settlement to resolve tax evasion charges, marking DC’s largest case.

Coinbase, a leading US crypto exchange, has donated $25 million to Fairshake, a political action committee, boosting its contributions this election cycle to $160 million. This funding aims to support pro-crypto candidates and influence the 2024 US elections amidst heightened political focus on crypto regulations. This move follows significant political developments, including new regulatory frameworks and tensions within the Democratic party over crypto policy. Coinbase CEO, Brian Armstrong, emphasized the need for bipartisan support for crypto in politics.

Coinbase CEO has called on the crypto community to vote against anti-crypto political candidates in the upcoming elections.