UK parliamentary group probes banking barriers for crypto firms

A UK parliamentary group launched an inquiry into banking restrictions on crypto firms and consumers, including their impact on investment and competition. Source: Cointelegraph

A UK parliamentary group launched an inquiry into banking restrictions on crypto firms and consumers, including their impact on investment and competition. Source: Cointelegraph

US spot Bitcoin ETFs recorded $227 million in inflows as BTC climbed above $65,000, extending their longest winning streak since early May. Source: Cointelegraph

The Coinbase-backed Ethereum layer-2 is preparing to expand its financial offerings as it pivots away from its earlier social-first strategy. Source: Cointelegraph

The filing expands Grayscale’s growing lineup of crypto-related exchange-traded products outside of Bitcoin and Ether. Source: Cointelegraph

The settlements add to former Celsius CEO Alex Mashinsky’s $10 million FTC settlement in April. Source: Cointelegraph

Retail users in Vietnam who trade on offshore crypto exchanges like Binance or OKX face heavy penalties. Network School controversy in Malaysia over Israeli citizen ban. Source: Cointelegraph

The move comes as traditional exchanges face growing competition from crypto markets and tokenized equity platforms that offer around-the-clock trading. Source: Cointelegraph

The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a full-stack card issuance and payments platform. Source: Cointelegraph

Bitcoin miners rallied as investors cheered multi-billion-dollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers and cloud computing. Source: Cointelegraph

The West African country’s executive order established a virtual asset council and addressed the fragmentation of crypto regulation for oversight and enforcement. Source: Cointelegraph