cryptonews

CFPB Enforcement Chief Resigns Over Trump Administration Layoffs

Cara Petersen, acting enforcement director at the U.S. Consumer Financial Protection Bureau (CFPB), resigned after criticizing the Trump administration's policies. In an internal email...

Franklin Templeton Launches Intraday Yield for Tokenized Assets on Benji

Franklin Templeton introduced Intraday Yield for tokenized assets on its Benji platform on June 11. The update allows investors to earn yield based on...

Coinbase Cuts Frozen Accounts by 82% After User Complaints and Internal Overhaul

Coinbase says it has reduced frozen accounts by 82%. CEO Brian Armstrong called it a “major issue” and said the problem had existed “longer...

Massive Bitcoin Donation to Ross Ulbricht Traced to Alphabay Vendor, Says Chainalysis

On June 5, WIRED published a report citing Chainalysis, which traced a Bitcoin donation worth around $31 million to Ross Ulbricht, founder of the Silk...

SEC Wins $1.1M Default Judgment After Keith Crews Skips Crypto Fraud Case

The SEC crypto fraud case against Keith Crews ended with a $1.1 million penalty after he failed to appear in court. On June 3,...

K Wave Media Signs $500M Deal to Build Massive Bitcoin Treasury

On June 4, K Wave Media, a South Korean entertainment company, signed a $500 million securities purchase agreement with Bitcoin Strategic Reserve KWM. The...

California Assembly Approves Bill to Let State Accept Crypto Payments

The California State Assembly approved Assembly Bill 1180 (AB 1180) on June 2, 2025, with a 68-0 vote. The bill allows state departments to...

Australia Caps Crypto ATM Cash at $3,250 After $2M Scam Losses Revealed

On June 3, 2025, AUSTRAC introduced new rules for crypto ATM operators across Australia. The regulations include a $3,250 cash limit per deposit or...

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