Crypto Breaking News

US gaming and tribal-related organizations, along with labor groups, are urging lawmakers to tighten federal rules around crypto-linked prediction markets. In a letter reported by Semafor, they ask the Senate to include language in the Digital Asset Market Clarity (CLARITY) Act that would “explicitly prohibit event contracts tied to sports and casino-style gaming.” The groups’ core argument is jurisdictional and policy-driven: they contend that sports betting belongs under state and tribal regulatory frameworks, not under the Commodity Futures Trading Commission (CFTC). Their request comes as the CFTC, under Chair Michael Selig, has asserted “exclusive jurisdiction” over prediction markets. Key takeaways Sports

Barry Moore won the Republican primary runoff for Alabama’s U.S. Senate seat on Tuesday, defeating Democrat Everett Wess by securing 55.8% of the vote, according to NBC News. The race became necessary after neither candidate received a majority in the May 19 contest. Moore is set to take the seat held by outgoing Republican Senator Tommy Tuberville, in a development that is drawing heightened attention from the crypto political ecosystem. Federal Election Commission (FEC) disclosures indicate that pro-crypto political committees backed by Fairshake—an advocacy group associated with cryptocurrency companies—spent more than $12 million on media and advertising to support Moore across

Crypto-linked political spending helped shape the outcome of Alabama’s U.S. Senate runoff, where Republican nominee Barry Moore defeated Democrat Everett Wess. The race hinged on advertising campaigns backed by industry-aligned political committees, according to Federal Election Commission (FEC) filings reviewed in reporting by NBC News. Moore’s win came with him set to replace retiring Republican Sen. Tommy Tuberville. After no candidate secured a majority in the May 19 primary, the runoff took place Tuesday, with Moore winning 55.8% of the vote to Wess’s 44.2%, NBC News reported: https://www.nbcnews.com/politics/2026-primary-elections/alabama-senate-runoff-results. Key takeaways FEC filings show Defend American Jobs PAC—affiliated with crypto advocacy group

Blockchain.com is widening its tokenized real-world assets lineup through a partnership with Ondo Finance, adding 173 tokenized stocks and exchange-traded funds (ETFs) to its marketplace. The expansion takes Blockchain.com’s catalog of tokenized traditional assets to more than 430 offerings spanning Ethereum, Solana and BNB Chain. In a Wednesday announcement, Blockchain.com said the newly listed products include tokenized exposure to private-company shares, actively managed ETFs, US Treasury-related offerings, and covered-call income strategies—highlighting SpaceX’s SPCX token among the additions. It also added themed baskets linked to areas such as AI infrastructure, energy, robotics, autonomous vehicles and quantum computing, alongside income-focused products from Global

Two US senators—one Republican and one Democrat—are pushing back against any attempt by former FTX CEO Sam Bankman-Fried to secure executive clemency from President Donald Trump. Senator Cynthia Lummis and Senator Rubén Gallego plan to introduce a non-binding resolution stating that under no circumstances should Bankman-Fried receive a pardon or commutation. The lawmakers say the aim is to protect the integrity of the sentencing outcome and deterrence for large-scale financial fraud. The resolution argues that the 25-year sentence imposed on Bankman-Fried reflects the “extraordinary scale and deliberateness” of his crimes, his lack of remorse, and the harm inflicted on millions of

Efforts to verify identity without exposing sensitive personal data are moving from theory into patent filings and public funding applications. In a new European filing, The Hashgraph Group, operating within the Hedera ecosystem, and Italian ultra-wideband sensing firm Truesense describe a framework they call Continuous Identity Trust Infrastructure (CITI), designed to link physical presence events to decentralized digital identity credentials. The companies also say they have applied for €74.3 million in EU funding to help deploy the system across sectors such as transport, smart-city infrastructure, and enterprise environments. While the initiative remains at the application stage, it signals growing interest in

QCP says fears that Strategy may need to sell more Bitcoin to fund dividends are still weighing on BTC, even as a US-Iran MOU eases Strait of Hormuz disruption risk.

Two US senators—Cynthia Lummis, a Republican, and Rubén Gallego, a Democrat—are co-sponsoring a congressional resolution urging President Donald Trump to deny any request for executive clemency for convicted FTX founder Sam Bankman-Fried. The move highlights how high-profile enforcement outcomes in the cryptocurrency sector are increasingly becoming part of the broader political and compliance landscape around financial fraud and accountability. The proposed resolution, to be introduced Wednesday, is framed as non-binding, while acknowledging that clemency decisions remain constitutionally within the president’s authority. Still, the senators argue that granting a pardon or commutation would undermine deterrence and could be read as a signal

Prediction market platform Kalshi is partnering with compliance software provider StarCompliance to roll out a monitoring system aimed at helping financial firms oversee employee activity tied to prediction market trading. The announcement, made this week, comes as regulators and lawmakers in the United States intensify scrutiny over whether insiders can exploit non-public information through event contracts. Kalshi and StarCompliance say the new platform is built to detect patterns that may indicate misuse, using signals such as transaction volume, trading behavior, market categories, and even whether activity occurs during work hours. It also positions firms to centralize investigations and maintain audit records

Binance risks losing EU market access after reports that Greece may reject its MiCA license application ahead of the June 30 deadline.

Bybit added to MAS Investor Alert List amid consumer protection focus Singapore’s Monetary Authority of Singapore (MAS) has added Bybit Fintech Limited and Bybit to its Investor Alert List, a registry intended to help consumers avoid entities that could be mistaken for MAS-licensed or MAS-regulated firms. The regulator posted the update on Wednesday, but did not provide a specific explanation for the listing. MAS describes the Investor Alert List as a mechanism to identify investment offers and entities that may create a false impression of being licensed, authorised, regulated, or registered by the authority, or whose investment offerings might be mistakenly

The SEC is moving toward a tokenized stock framework that could create a clearer, controlled path for blockchain-based equity trading as Coinbase, Binance, and Wall Street firms expand tokenized product offerings.

Citadel warns that persistent inflation could push the Federal Reserve toward Fed rate hikes as early as September 2026, with markets and major banks increasingly pricing tighter policy.

Singapore’s financial regulator has added Bybit to the Monetary Authority of Singapore’s (MAS) Investor Alert List, a move that highlights how strictly the city-state polices the boundary between legitimate oversight and consumer misunderstandings about crypto firms’ regulatory status. MAS listed Bybit Fintech Limited and “Bybit” on the Investor Alert List on Wednesday. The regulator did not publicly state a specific reason for the entries, but it said the list is intended to warn consumers about entities and investment offers that could be wrongly perceived as licensed, authorised, regulated, or registered by MAS—or as having received MAS approval when they have not.

Aster will route 99% of daily platform fees into automatic ASTER buybacks starting June 17, then distribute the acquired tokens to veASTER stakers through Loyalty Rewards.

Bitcoin pulled back from its weekly lows as traders returned to watch a busy U.S. macro calendar, with the Federal Reserve’s Wednesday interest-rate decision arriving shortly after the Wall Street open. Still, analysts say the rebound has struggled to build momentum, pointing to a lingering, very specific drag tied to Strategy’s Bitcoin position. QCP Capital’s latest Market Color argues that, despite broader risk appetite improving, BTC has not been able to fully participate. The firm highlighted concerns that Strategy could be forced to sell additional Bitcoin to fund dividend obligations, even after recent balance-sheet actions that were intended to extend its

The XRP Ledger 3.2.0 upgrade rolls out as David Schwartz updates his hub server, bringing maintenance, cleanup, reliability improvements, and a core software rename from rippled to xrpld.