▪︎The London tech company The Smarter Web Company has purchased 45.32 BTC ($4.73 million), bringing its total reserves to 168.08 BTC.
▪︎Metalpha, a company listed on Nasdaq, has bought 18,000 ETH for $48.45 million on Binance, and now holds more than 48,000 stETH ($133.5 million) in lending via Aave, Treehouse, and Spark.
▪︎Real estate tokenization in Dubai is breaking all records!
The city recorded a record $18 billion in real estate transactions in May, showing a booming market.
▪︎ Brian Quintenz, appointed by Donald Trump as head of the CFTC, describes blockchain as a technology "transforming society" and calls for clear rules on cryptocurrencies to maintain U.S. leadership.
▪︎ Spot volume on centralized exchanges (CEX) has just reached its lowest level since October 2020, falling to $965.6 million.
▪︎ A South Korean lawmaker proposes a bill to establish a licensing regime for stablecoin issuers, requiring a minimum capital of 500 million won ($365,000).
This initiative is part of President Lee Jae-myung's strategy to promote a market for stablecoins backed by the Korean won.
▪︎ Société Générale-Forge launches USD CoinVertible (USDCV), a stablecoin backed by the dollar issued on Ethereum and Solana and compliant with MiCA.
