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New rules bring new headaches for crypto traders in Turkey

Turkey, the land of ancient ruins and bustling bazaars just dropped a hammer on the crypto market.

Circle’s Trust Bank Charter Bid Marks a Turning Point for Regulated Stablecoins

Circle’s application for a national trust bank charter with the OCC, following its June 2025 IPO, marks a pivotal move for both USDC and the broader crypto market.

OCC supervision would place Circle under direct federal oversight, aligning USDC with traditional banking standards and enhancing its credibility in the eyes of institutional players.

This step also reinforces transparency—particularly as the GENIUS Act mandates monthly reserve disclosures—while Circle’s decision to self-custody reserves adds operational efficiency and regulatory alignment.

The charter unlocks new capabilities, such as custodial services for tokenized assets, which could attract a new wave of institutional interest by bridging traditional finance with DeFi infrastructure.

Combined with the GENIUS Act’s momentum toward regulated stablecoins, Circle’s trust charter sets the stage for USDC to become a central instrument in global finance.

This regulatory clarity and operational maturity are likely to accelerate capital inflows and drive broader adoption, reinforcing USDC’s position as a preferred digital dollar in the institutional arena.

Ryan Lee, Chief Analyst at Bitget Research

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Circle Seeks US Trust Bank Charter to Manage USDC Reserve Under GENIUS Act Scrutiny

Circle applied to the Office of the Comptroller of the Currency (OCC) to form a Circle trust bank named First National Digital Currency Bank, according to a company statement on July 1.

Ethereum to $10,000?

Today’s crazy prediction is that Ethereum might be gearing up for a comeback story worthy of the big leagues.

Pudgy Penguins on the rise, because ETF is coming?

In the last 24 hours, PENGU’s price shot up by 34%, pushing it close to its May highs.

Only the toughest survive in Bitcoin-land?

Alright, picture this, the crypto market’s a jungle, and Bitcoin-holding companies? They’re the animals trying to survive the harshest conditions.

Metaplanet Shocks Market With $108M Bitcoin Buy, Now Fifth-Largest Corporate Holder

On June 30, 2025, Metaplanet confirmed it purchased 1,005 BTC for about $108 million. The average purchase price was $107,601, according to CEO Simon Gerovich. With this latest acquisition, Metaplanet Bitcoin holdings now total 13,350 BTC.

Metaplanet Bitcoin Treasury UpdateSource: Simon Gerovich on X
Metaplanet Bitcoin Treasury Update. Source: Simon Gerovich on X

The firm’s total Bitcoin investment cost stands at $1.31 billion, with the current value near $1.45 billion, based on the $107,733 market price per BTC.

According to BiTBO, CleanSpark holds 12,502 BTC, placing Metaplanet ahead of it. The company also surpasses Tesla, Hut 8, Coinbase, and Block Inc. in corporate BTC treasury size. Only MicroStrategy, Marathon Digital, Twenty One Capital, and Riot Platforms hold more.

Metaplanet Issues 0% Bonds to Fund Bitcoin Purchases

Alongside the $108 million Bitcoin buy, Metaplanet revealed a bond issuance strategy. The company raised 30 billion yen (about $208 million) by offering 0% ordinary bonds through its EVO fund.

Metaplanet will use the proceeds to fund more Bitcoin purchases and repay 1.75 billion yen (around $12 million) of older bonds that carried a 0.36% annual interest rate.

The company said,

“Funds raised through the issuance of the new bonds will be partially allocated to the buyback and cancellation, with the remainder used for the purchase of Bitcoin.”

This allows the company to use capital without interest costs while increasing its Bitcoin holdings. The firm’s public disclosure noted both bond cancellation and BTC acquisition as the two planned uses of the funds.

Metaplanet Stock Rises 9% After Strategy Change

Following the Metaplanet Bitcoin buy, the company’s stock price jumped 9% on the Tokyo Stock Exchange. Data from Google Finance shows the share price has climbed over 350% since January 2025.

Earlier this month, the company updated its BTC target from 21,000 BTC to 100,000 BTC by 2026. Metaplanet also announced plans to raise $5.4 billion and reach 210,000 BTC by 2027.

If it meets that goal and no other firm surpasses it, Metaplanet would become the second-largest corporate holder of Bitcoin. The current BTC accumulation strategy is based on capital raised through bond offerings.

Michael Saylor Mentions Bitcoin; Gerovich Responds

On the same weekend, MicroStrategy founder Michael Saylor posted his regular Bitcoin portfolio chart on X. He wrote,

“In 21 years, you’ll wish you’d bought more.”

Simon Gerovich, CEO of Metaplanet, replied:

“We buy every day. And still, I know I’ll look back wishing we had moved even faster.”

Saylor’s chart posts have previously come before Monday purchase announcements from MicroStrategy. However, no new buy from the company has been confirmed at the time of writing.

According to Gerovich, Metaplanet’s Bitcoin yield has reached 349% year-to-date, based on its current average buy price and BTC’s market performance.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

BNB Smart Chain Slashes Block Time to 0.8 Seconds After Maxwell Upgrade

BNB Smart Chain completed the Maxwell upgrade on June 30, 2025, at 2:30 am UTC.

Bitcoin shrugs war FUD, but what about tariffs?

Bitcoin just shrugged off some heavy war-related fear, uncertainty, and doubt, or FUD, as the cool kids say.