Author: CRYPTO WORLD

Japanese Pension Fund Turns to Crypto as Hedge Against Dollar Risk

CRYPTO WORLD
Japanese Pension Fund Turns to Crypto as Hedge Against Dollar Risk

Japan’s National Business Corporate Pension Fund (Okayama City) has announced plans to allocate approximately 1% of its assets to cryptocurrency starting in fiscal year 2026. The move makes it the first domestic Japanese corporate pension fund to invest in digital assets — and frames the allocation not as a speculative bet, but as a currency diversification tool amid growing concerns over the US dollar’s reserve status. The fund manages approximately 21.3 billion yen ($140 million) on behalf of more than 20,000 members from around 1,200 small and medium-sized enterprises. Its…

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KuCoin Pay Integrates Crypto Into Latin America’s QR Payment Culture

CRYPTO WORLD
KuCoin Pay Integrates Crypto Into Latin America's QR Payment Culture

Across Latin America, QR payments have become one of the dominant forms of everyday consumer finance — from small retail purchases to transportation, food delivery and peer-to-peer transfers. As mobile-first payment behavior accelerates across Argentina and Peru, digital wallets and interoperable QR payment networks are increasingly shaping how consumers and merchants move value. Against this backdrop, KuCoin Pay, the innovative cryptocurrency payment solution from KuCoin, today announced the expansion of its QR-based payment capabilities in Argentina and Peru, enabling users to connect crypto and stablecoins with everyday scan-and-pay experiences. In…

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Shiba Inu Burn Activity Slows as Market Weakness Weighs on SHIB

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Shiba Inu (SHIB) Has 500 Billion Left Until Historic Threshold Is Broken

Shiba Inu’s daily burn rate plunged 74% over the past 24 hours as only 2.69 million SHIB tokens were permanently removed from circulation, according to data from Shibburn. The burned tokens were worth roughly $13 at current prices, highlighting a significant slowdown in community burn activity. The latest data mark a notable decline from levels recorded earlier this week, with Shibburn data showing that 8.79 million SHIB tokens were burned on June 20, making the latest daily total considerably lower. Moreover, the slowdown extends beyond a single day and reflects…

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Bank of England Cancels Plans for Stablecoin Ownership Limits

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OKX secures EU payment license to expand stablecoin services

England’s central bank is easing its stablecoin restrictions following pushback from the cryptocurrency industry. The Bank of England (BOE) announced Monday (June 22) that it would not introduce the temporary holding limits on stablecoins it had been considering. Instead, the bank will apply a “temporary issuance guardrail” to “each systemic stablecoin,” initially set at 40 billion pounds. “This is a major milestone in delivering greater choice and innovation in UK payments. Innovation thrives on trust,” Sarah Breeden, the bank’s deputy governor for financial stability, said in a news release. “And…

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Strategy Buys More Bitcoin but Turns Attention to USD Reserve With $300M Injection

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Bitcoin BTC MicroStrategy price

After hinting at buying more bitcoin on Sunday, Strategy’s co-founder and former CEO, Michael Saylor, announced on X minutes ago that the firm had acquired another 520 BTC for $35 million. Thus, its total holdings have grown to 847,363 units, currently valued at almost $55 billion. What’s more interesting about this announcement is the fact that the NASDAQ-listed business intelligence software company increased its USD reserve a lot more than the BTC acquisition. The Saylor-founded firm made two major bitcoin purchases in the past couple of weeks, both for around…

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Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement

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Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement

Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. Mastercard said the new capabilities will include intraday, weekend and holiday card settlement, supporting both fiat currencies and onchain settlement through regulated stablecoins. The company said the new options are designed to give its partners more flexibility in managing settlement liquidity and timing. The expansion shows stablecoins moving deeper into mainstream financial infrastructure as major payments networks test tokenized dollars for settlement. It follows Mastercard securing a New York…

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UK regulator warns Premier League clubs over unauthorized crypto sponsors

CRYPTO WORLD
UK regulator warns Premier League clubs over unauthorized crypto sponsors

The United Kingdom’s financial regulator has warned football clubs, including those in the Premier League, to avoid sponsorship deals with unauthorized financial companies amid concerns that fans are being pushed toward risky crypto and trading platforms with no protections. In a Wednesday press release, the Financial Conduct Authority (FCA) said several unauthorized firms, including crypto businesses and online trading platforms, are using football sponsorships to target “unwitting” supporters. It warned that such firms may be breaching UK financial services law by operating without authorization and that fans using them “risk…

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US Treasury Sanctions Iran’s Four Largest Crypto Exchanges

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US Treasury Sanctions Iran’s Four Largest Crypto Exchanges

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four Iranian cryptocurrency exchanges on June 2, representing the largest single enforcement action ever taken against Iran’s digital asset economy. The exchanges sanctioned are: Nobitex: Iran’s largest crypto exchange, handling over 50% of all Iranian digital asset inflows in 2025 Wallex: Iran’s second-largest exchange, accounting for 12% of Iranian crypto inflows Bitpin: Received 10% of Iranian digital asset inflows in 2025 Ramzinex: Founded in 2018, processed over $2.45 billion in lifetime transactions Four Nobitex executives were also…

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EU governments agree on common position for digital Euro

CRYPTO WORLD
EU governments agree on common position for digital Euro

European Union governments have agreed on a common position for the digital euro, marking a significant step toward strengthening the bloc’s monetary sovereignty and reinforcing the euro’s role in global finance amid the prominence of U.S. dollar-denominated stablecoins. “The digital euro is an important step toward a more robust and competitive European payment system, and can contribute to Europe’s strategic autonomy and economic security,” Danish Economy Minister Stephanie Lose said, noting Denmark currently holds the Council’s rotating presidency. The EU Council’s mandate emphasizes that both online and offline versions of…

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You Need to Hold At Least 2,314 XRP. Here’s Why

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You Need to Hold At Least 2,314 XRP. Here’s Why

Recent shifts in XRP’s wallet distribution are changing what qualifies as meaningful ownership. As the asset trades around $2.04, the number of tokens required to reach higher holder tiers continues to decline, while the financial commitment needed to do so rises steadily. XRP Wallet Distribution According to recent data, the top 10% of XRP holders now includes roughly 739,970 wallets. To enter this group, a wallet must hold at least 2,314 tokens, which translates to an investment of about $4,720 at current market prices. This marks a significant shift compared…

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