Poland’s president has vetoed the country’s MiCA crypto bill for the third time, leaving it the only EU member state without a regulatory framework as the July 1 deadline approaches. The political dispute between the president and prime minister has stalled legislation, risking competitive disadvantages for Polish crypto firms that may relocate to other EU countries.
BlackRock requested at least $5 billion in SpaceX shares ahead of what’s shaping up to be the most oversubscribed IPO in recent memory, with the company selling out its full offering at $135 per share and locking in a $1.77 trillion valuation. Retail investors alone requested over $70 billion worth of stock, with Polymarket traders assigning a 69% probability that SpaceX closes its first trading day above a $2 trillion market cap.
SpaceX priced its $75 billion IPO at $135 per share, targeting a $1.77 trillion valuation—the largest public offering in history. The massive retail demand for SpaceX shares signals capital rotation away from crypto, potentially competing for the same discretionary investments fueling Bitcoin and altcoins.
Coinbase has given AI agents like ChatGPT and Claude direct access to user accounts for trading and payments, now live with spending caps and isolated portfolios. The move creates new security risks—authenticated agents with live trading permissions represent a different attack vector than traditional wallet compromises.
Federal prosecutors charged two men with operating AudiA6, a cryptocurrency laundering service that processed over $389 million in illicit transactions since 2021. The multinational operation recovered 173 vehicles, real estate, and frozen accounts while dismantling servers across four countries.
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NEAR Protocol has collapsed 90% from its $20.42 all-time high, with technicals showing sell signals and the token failing to recapture 2021 peaks despite three years of ecosystem development. The broader pattern affects layer-1 protocols across the board: even technically credible projects like Filecoin struggle to recover when market share consolidates around dominant players like Solana and institutional capital flows concentrate in Bitcoin and Ethereum.
The Pentagon added Alibaba, Baidu, and BYD to its military-linked companies list while OpenAI shut down Chinese influence operations using its platform. Together, these moves reveal a technology rivalry now operating across infrastructure, capital markets, and information layers simultaneously.
Citigroup launches Digital Depositary Receipts, enabling wealthy clients to hold blockchain-recorded securities in private companies while maintaining Citi’s control as issuer and custodian. The move signals institutional adoption of tokenized finance, with Citi simultaneously joining major U.S. lenders to build a shared tokenized deposit network targeting mid-2027.
Bithumb CEO Lee Jae-won faces formal bribery charges for allegedly hiring a politician’s son as a favor, while the exchange battles a $24.2 million fine, a Bitcoin distribution error, and a history of compliance failures. The case exposes South Korea’s regulatory gap that allows exchange executives to survive scandals that would end careers elsewhere.