Singapore Ends $2.2B Laundering Case With Fines

Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging from luxury real estate to cryptocurrency. The Monetary Authority of Singapore (MAS) announced that Credit Suisse’s local unit, now part of UBS, faced the biggest…

No Indications of Sell-Off in $8.6B Bitcoin Whale Transfer

Blockchain intelligence firm Arkham says the recent $8.6 billion in Bitcoin that was moved on Thursday for the first time in over 14 years doesn’t appear to be heading for a sell-off. “There are no indications that this whale is selling Bitcoin,” Arkham said in an X post on Friday. Arkham added that the eight…

Crypto’s Path To Legitimacy Runs Through The CARF Regulation

Opinion by: Alice Frei, head of security and compliance at Outset PR More than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise. First up are the UK and the EU. Singapore, the UAE, Hong Kong and the US are on deck…

Senator Lummis’s Crypto Bill May End Double Taxation

US Senator Cynthia Lummis submitted a draft bill on Thursday proposing to exempt certain crypto transactions from taxation and defer taxes on mining and staking rewards until the underlying tokens are sold. “My legislation ensures Americans can participate in the digital economy without inadvertent tax violations,”  said Lummis. The senator’s draft bill was published three…

Crypto’s Path To Legitimacy Runs Through The CARF Regulation

Opinion by: Alice Frei, head of security and compliance at Outset PR More than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise. First up are the UK and the EU. Singapore, the UAE, Hong Kong and the US are on deck…

ETH Corporate Treasury Building Boosts Ether Price

Key point: BitMine Immersion Technologies and Bit Digital recently announced plans to make Ether (ETH) a part of their treasury strategy. Additionally, sports betting company SharpLink Gaming boosted its Ether holdings to 188,000 Ether after the latest purchase of 12,207 Ether in the week ending June 20. The stock prices of all three firms rose…

What Happened In Crypto Today

Today in crypto, musical artist Drake mentions BTC in new song, Robinhood’s plan to tokenize stocks on its new chain could divert liquidity from NYSE and other major exchanges, and a Coinbase executive speculates over the slight possibility that the recent movement of $8.6 billion worth of Bitcoin was the result of a hack. Drake…

Mercado Bitcoin tokenizes $200 million in real-world assets on XRPL

Mercado Bitcoin, a major crypto exchange in the Latin America region, announced on Friday that it is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL). The real-world assets include tokenized fixed-income and equity financial instruments, according to an announcement from Ripple, the blockchain company that launched the XRPL. A report published…

Nasdaq-Listed Firm Explains Its Strategy

At the time of writing, Ether is trading at around $2,505, up 0.56% in the past 24-hours, according to CoinDesk Research’s technical analysis model. As for the broader crypto market as gauged by the CoinDesk 20 Index (CD20), it is up 0.34% during the same period. SharpLink Gaming, Inc. (SBET) is a pioneering online performance…

It’s Flashing Again in July

Key takeaways: XRP has averaged 25% declines in 2025 following overbought Stochastic RSI signals. A descending triangle breakdown could push XRP price toward $1.14, while an analyst sees a deeper drop to $0.60. Bullish analysts expect breakouts toward $3.20–$27. XRP (XRP) has averaged 25% price declines in 2025 during its daily Stochastic RSI unwinding from…