Headlines

Singapore Issues Final Warning to Unlicensed Crypto Exchanges: Cease Operations by June 30

Singapore’s financial regulator has issued a final ultimatum to cryptocurrency exchanges operating without a license, demanding that they cease all operations by June 30, 2025. The Monetary Authority of Singapore (MAS) first delivered the notice at the end of May and issued a follow-up clarification on June 6 to reinforce its stance. “This move should…

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Strategy Buys Another 1,045 BTC Worth $110M, Bringing Holdings to Over 582,000 BTC

Bitcoin treasury giant Strategy has added another 1,045 BTC to its holdings, spending roughly $110.2 million between June 2 and June 8, according to a recent SEC filing. The purchase was made at an average price of $105,426 per Bitcoin, further solidifying the company’s aggressive accumulation strategy. With this acquisition, Strategy’s total Bitcoin holdings now…

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Eight U.S. Crypto Firms Back CLARITY Act and Push for Regulatory Certainty

A coalition of eight leading U.S.-based crypto organizations has officially thrown its support behind the Blockchain Regulatory Certainty Act (BRCA) as part of the broader CLARITY Act, a legislative proposal aiming to bring structural coherence to the digital asset industry. In a joint statement released on June 5, 2025, policy groups and companies including Coin…

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RBI Reaffirms Anti-Crypto Stance Amid Growing Pressure for Regulatory Clarity

Despite increasing calls for clear cryptocurrency regulations in India, the Reserve Bank of India (RBI) has doubled down on its long-standing opposition to digital assets. RBI Governor Sanjay Malhotra reiterated the central bank’s firm stance during a press conference, citing risks to monetary policy and financial stability as the primary reasons behind its anti-crypto position….

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Ethereum Foundation Unveils New Treasury Policy to Ensure Long-Term Sustainability

The Ethereum Foundation has introduced a revamped treasury policy aimed at strengthening financial sustainability while continuing to support the network’s long-term growth and development. The announcement, made on June 4, 2025, highlights the foundation’s commitment to prudent fiscal management and ecosystem resilience amid an increasingly dynamic crypto landscape. Under the new policy, the Ethereum Foundation…

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Moroccan Authorities Arrest Suspect Behind Crypto Executive Kidnappings in France

Moroccan police have arrested Badiss Mohamed Amide Bajjou, a 24-year-old French-Moroccan national accused of masterminding a series of high-profile kidnappings targeting cryptocurrency executives in France. The arrest marks a major breakthrough in an ongoing investigation into violent extortion schemes against crypto industry leaders. Bajjou was apprehended on June 4 in the northern city of Tangier…

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U.S. Law Enforcement Seizes Crypto Assets in BidenCash Darknet Marketplace Takedown

U.S. authorities have confiscated several cryptocurrency assets following a coordinated raid on BidenCash, a notorious dark web marketplace used to traffic stolen credit card data and personal information. The operation, announced on June 4, 2025, by the U.S. Attorney’s Office for the Eastern District of Virginia, marks another significant federal move to disrupt illicit online…

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Australia Imposes $5K Cash Limit on Crypto ATMs to Combat Scams and Money Laundering

Australia has imposed new restrictions on crypto ATM providers, introducing a cash transaction limit of AUD 5,000 (about $3,250 USD) as part of a broader crackdown on fraud and illicit financial activity. The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced the measures in a June 3 press release, highlighting the growing misuse of crypto…

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