Morning Edition · Monday, June 29, 2026
Macro
BIS Tells the World Stablecoins Are Not Money, and Warns Poorer Economies Most
The Bank for International Settlements judged dollar tokens against the properties of sound money and found them closer to fund shares, even as some monetary authorities call them a support for the dollar.
Crypto
Europe Tells Unlicensed Crypto Firms to Shut Down Before MiCA's Final Deadline
The European Union's securities regulator called for an orderly wind-down as the transitional period for the Markets in Crypto-Assets rules closes on July 1.
Crypto
Buterin Says Cryptographic Obfuscation Could Build a Trustless Third Party
Ethereum's co-founder describes a way to build private applications that need no trusted operator, while cautioning that the tools remain far from practical.
Crypto
Privacy Chains Go to Market, and Split Over Who Holds the Off Switch
Aztec and Miden are launching confidential networks while openly disagreeing on whether a compliance backdoor can coexist with credible neutrality.
Crypto
A Quiet Day of Small Exploits, and a Reminder the Attacker Often Skips the Contract
Researchers reproduced several mid-sized on-chain drains while a separate warning highlighted how the costliest thefts target the user, not the code.
Crypto
Hyperliquid Forces Its Builders Off Its Own Stablecoin and Onto USDC
A $10 million grant program will pay developers to migrate from USDH to Circle's dollar token or shut down, concentrating the network's settlement onto a single dollar token.
Crypto
Spot Bitcoin Funds Post Their Worst Month as Buyers Turn Selective
United States bitcoin exchange-traded products lost about $4.06 billion in June, even as funds for XRP and a perpetuals token kept drawing money.
World
El Salvador's Bitcoin Reserve Faces an Accounting Test Under IMF Conditions
The country's 7,696 coins must now remain auditable to a multilateral lender that has capped public-sector accumulation at zero.
Crypto
A US Ban on a Central Bank Digital Dollar Is Stuck on the President's Desk
A housing bill carrying a ban on a Federal Reserve digital currency through 2030 passed both chambers, then met an unrelated demand from the White House.
Tech
South Korea's $518 Billion Chip Build Shows Crypto Still Losing the Capital Race
Samsung and SK Hynix are pulling forward a decade of memory-plant construction to meet artificial-intelligence demand, the year's clearest sign of where investment is going.
Crypto
Tether Trades at an 8.5% Premium in India as Enforcement Outpaces Legal Rails
The gap between the local USDT quote and the official dollar rate shows how policy pressure makes stablecoin liquidity more expensive before regulated channels exist.
Crypto
A New Paper Tries to Price Sybil Resistance, as Proof-of-Personhood Systems Get Hacked
Researchers propose measuring identity systems by the dollar cost of forging a fake person, days after one such network appeared on a breach tracker.