Crypto

[Core Summary] Leading tokenization firm Securitize is expected to begin trading on the New York Stock Exchange this Thursday after investors approved a SPAC merger, becoming one of the first publicly traded pure-play tokenization companies. This move signals further capital market recognition for the real-world asset (RWA) tokenization sector. Securitize specializes in tokenizing traditional assets such as real estate and private equity through blockchain technology. The company previously secured investment from traditional finance giants including BlackRock. This listing will bring more liquidity and public attention to the tokenization industry. ...

Core Summary The UK Financial Conduct Authority (FCA) has officially released a comprehensive regulatory framework for crypto assets, covering capital requirements, stablecoin oversight, and market abuse prevention. The new rules will take effect in October 2027, marking a crucial step in UK crypto regulation aimed at providing a clear legal framework while protecting investor interests. Event Details According to The Block, this regulatory framework is the UK’s most comprehensive crypto regulation to date. The new rules contain three core components: first, setting minimum capital requirements for crypto asset service providers to ensure financial stability; second, implementing strict oversight of stablecoin issuance and operations, requiring issuers to hold sufficient reserve assets; third, extending traditional financial market anti-manipulation and anti-insider trading rules to crypto asset markets. ...

Strategy, the company led by Michael Saylor, has adopted a new capital management framework authorizing up to $2 billion in share buybacks and creating a bitcoin monetization program to support liquidity.

The European Securities and Markets Authority has called on unauthorized crypto-asset service providers to wind down operations as the MiCA transitional period ends on July 1, marking a critical enforcement milestone for the world’s first comprehensive crypto regulatory framework.

Summary U.S.-listed Bitcoin spot ETFs have experienced record fund outflows in June, with investors withdrawing over $4 billion cumulatively, the highest monthly outflow since the products were approved in January 2024. Meanwhile, Bitcoin has fallen below the $60,000 mark, down nearly 7% for the week, indicating that institutional risk appetite for crypto assets is cooling significantly. Details According to CoinDesk, as of June 29, net outflows from the eleven U.S. Bitcoin spot ETFs have reached $4 billion this month, with Grayscale GBTC contributing the largest share. This figure breaks the previous outflow record set in March, suggesting institutional withdrawal is accelerating. ...

Summary The Bank for International Settlements argued in its annual report that stablecoins still fall short of money on singleness, elasticity, and integrity, warning of currency substitution risks in emerging markets. Details According to The Block, the report — regarded as a bellwether for global central banks — notes that while stablecoins have achieved significant growth in payments and transfers, their underlying mechanisms are insufficient to guarantee absolute value stability. The report specifically flagged the rapid penetration of stablecoins in emerging market economies, warning this could undermine local central banks’ monetary policy transmission. ...

BlackRock-backed tokenization specialist Securitize aims to raise $400 million through a SPAC merger, with plans to begin trading on the NYSE next week pending shareholder approval. Editor: GoodInfo Global News Team

The world’s largest crypto exchange Binance notified EU users of partial service suspension after failing to secure MiCA compliance license, marking a major clash between crypto industry and EU regulation.

Major Japanese financial services group SBI Holdings announced the acquisition of crypto exchange Bitbank for $289 million, with the deal expected to close in October 2026, marking traditional finance’s accelerating entry into digital assets.

Coinbase’s Base layer-2 network experienced a roughly two-hour outage that temporarily halted transaction processing. The network has since resumed normal operations.