Telo News - Crypto | DeFi | Web3

16 Jun 2025 14:17

President Donald Trump earned $57.4m in 2024 from World Liberty Financial through the sale of 15.75bn governance tokens.

The platform has raised over $550m since launching in September 2024, making it one of Trump’s top income sources.

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16 Jun 2025 13:59

Brazil has ended its crypto tax exemption, imposing a flat 17.5% rate on all digital asset gains, including self-custodied and offshore holdings.

The measure replaces previous progressive rates and expands the tax base, potentially reducing tax burdens for large investors while increasing them for small traders.

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16 Jun 2025 13:38

Gemini and Coinbase are expected to secure EU licenses under MiCA regulations—Gemini via Malta and Coinbase via Luxembourg—granting them passported access to all 27 EU countries.

Malta’s previous rapid approval of OKX and Crypto.сom has raised concerns among EU regulators about its oversight rigor. ESMA is now reviewing Malta’s licensing process and plans to issue a report.

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13 Jun 2025 11:44

Walmart and Amazon are reportedly exploring the possibility of issuing their own stablecoins, according to industry sources.

While no official announcements have been made, both companies are said to be evaluating regulatory frameworks and potential use cases tied to payments, loyalty programs, and digital marketplaces.

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13 Jun 2025 08:18

Shopify will begin supporting USDC payments later this year, starting with a pilot for select U.S. and European merchants in late June before expanding platform-wide.

Developed with Coinbase and integrated with Stripe, the opt-out feature runs on Base and includes support for refunds and chargebacks.

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13 Jun 2025 08:03

The SEC and Ripple have jointly filed a renewed settlement proposal in Manhattan court, requesting to dissolve the injunction and release the $125m penalty currently held in escrow.

Under the proposal, Ripple would pay $50m to the SEC, with the remaining funds returned. The motion aims to settle the case, avoid further appeals, and bring an end to the long-running legal dispute.

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12 Jun 2025 17:11

The Depository Trust and Clearing Corp. (DTCC), the clearinghouse that processes U.S. stock trades, considers issuing a stablecoin if legislation legitimizing the tokens is approved in Washington.

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12 Jun 2025 09:51

Sam Altman's World Chain has integrated Circle’s USDC and CCTP V2, replacing bridged USDC with natively issued stablecoins on its network.

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12 Jun 2025 09:35

Donald Trump shared a link to trumpcard.gov, promoting a new $5m “GOLD CARD” visa program.

According to the site, the GOLD CARD grants U.S. residency, work rights, and a pathway to citizenship. Unlike the EB-5 program, it reportedly offers exemption from federal taxes on foreign income.

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Telo News - Crypto | DeFi | Web3

11 Jun 2025 21:22

The U.S. Senate voted 68–30 to move forward with GENIUS Act stablecoin bill, setting it up for an imminent final vote as early as next Monday.

The bill would require stablecoins to be fully backed by U.S. dollars or similarly liquid assets, mandate annual audits for issuers with more than $50bn in market capitalization, and add language around foreign issuance.

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11 Jun 2025 18:49

PayPal announced it is expanding its PYUSD stablecoin to the Stellar blockchain to enhance cross-border remittances and payment financing solutions.

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Telo News - Crypto | DeFi | Web3

11 Jun 2025 14:35

💡💡💡
The U.S. announced the inflation figures:

⚫ CPI: 2.4% YoY, 0.1% MoM
⚫ Forecasted CPI: 2.5% YoY, 0.3% MoM

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11 Jun 2025 14:08

Donald Trump announced that a federal appeals court upheld the U.S. government's right to use tariffs for national protection, calling it a major victory for the country.

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Telo News - Crypto | DeFi | Web3

11 Jun 2025 11:19

The Ethereum network reached a record 17.4m unique addresses in early June.

Since the start of Q2, the number of ETH addresses interacting across one or more blockchains has jumped 70.5%. On June 10, Ethereum recorded 16.4m active addresses, reflecting sustained high on-chain activity.

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11 Jun 2025 10:50

The U.S. SEC has asked Solana ETF issuers to submit amended S-1 forms within a week, signaling that approvals could arrive as early as July.

This step mirrors the timeline seen in spot Ethereum ETF approvals, where issuers were similarly instructed to revise filings shortly before final clearance.

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16 Jun 2025 14:08

Strategy has added 10,100 BTC for ~$1.05bn at an average price of ~$104,080 bringing its YTD 2025 BTC yield to 19.1%.

As of June 16, the firm holds 592,100 BTC bought for ~$41.84bn at an average of ~$70,666 per coin.

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16 Jun 2025 13:48

Vietnam’s National Assembly has passed the Digital Technology Industry Law, officially recognizing and regulating digital assets for the first time.

Effective Jan 1, 2026, the law classifies “virtual assets” and “crypto assets” separately—excluding securities and CBDCs—and grants the government authority to issue detailed rules. It also emphasizes cybersecurity, AML, and CFT compliance.

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15 Jun 2025 07:43

💌💌💌💌💌
✔ This week's crypto market highlights:

⚫ Tether might be valued at $515bn
⚫ Javier Milei cleared of LIBRA-related ethics violation
⚫ Ethiopia bans virtual currencies trading
⚫ TON is top blockchain by NFT trading volume
⚫ Fake news about Paraguay accepting Bitcoin
⚫ CZ the second richest Chinese person
⚫ U.S. and China finalize trade deal
⚫ Approval odds for altcoin ETFs
⚫ Ukraine creates national crypto reserve
⚫ Israel attacks Iran

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13 Jun 2025 08:36

The U.S. SEC has officially withdrawn several crypto-related rule proposals introduced under former Chair Gary Gensler, marking a significant shift in regulatory posture.

Withdrawn proposals included amendments to Exchange Act Rule 3b-16 aimed at regulating DeFi as national securities exchanges, and stricter crypto custody requirements for investment advisors

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13 Jun 2025 08:11

The Israeli Air Force launched strikes overnight on multiple Iranian nuclear and military sites, vowing to eliminate Iran’s nuclear capabilities. Markets reacted sharply:

⚫Bitcoin dropped 2% and Ethereum fell 4.4% within an hour
⚫Over $1.01bn in crypto positions were liquidated in 24h, with $945m in longs wiped out
⚫The largest single liquidation was a $201m BTCUSDT position on Binance

Futures fell, while oil and gold spiked. Tensions remain high as Iran warns of "severe retaliation" and Israel signals the operation will continue "as long as needed." Crypto markets are reacting in line with broader risk-off sentiment.

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13 Jun 2025 07:12

Stablecoins now account for 1.1% of the total US dollar supply, up from just 0.2% in early 2020—highlighting their growing role in global liquidity and financial flows.

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12 Jun 2025 09:59

NBA Star Shaquille O'Neal has agreed to pay $1.8m to settle the FTX investor class action lawsuit, pending court approval.

The deal exempts him from future legal claims and bars him from seeking compensation from FTX’s bankruptcy estate.

O’Neal was accused of promoting FTX as a safe investment, unlike other FTX promoters who were dismissed from the case earlier.

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12 Jun 2025 09:44

Binance has officially removed Syria from its list of prohibited countries following the suspension of U.S. sanctions. Syrian residents now have full access to the platform’s services, including spot and futures trading, staking, Binance Pay, and Arabic-language educational content.

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12 Jun 2025 09:22

Singapore’s regulator has given unlicensed crypto firms until June 30 to cease offshore operations, prompting major exchanges to exit.

Bitget will relocate staff to Dubai and Hong Kong, while Bybit is considering similar moves. MAS warned that licenses will be granted only in rare cases, putting hundreds of local jobs at risk.

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11 Jun 2025 18:59

Ukraine has registered a draft law proposing the creation of a national crypto reserve.

According to MP Yaroslav Zheleznyak, the bill would allow the National Bank of Ukraine to include virtual assets in its gold and foreign exchange reserves, helping the country align with global financial innovation.

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11 Jun 2025 18:43

The SEC is widely expected to approve altcoin ETFs later this year, with Solana likely to be the first—potentially within the next 3-5 weeks.

Projected approval odds:

⚫️ETF for LTC—90%
⚫️ETF for SOL—90%
⚫️ETF for XRP—85%
⚫️ETF for DOGE—80%
⚫️ETF for ADA—75%
⚫️ETF for DOT—75%
⚫️ETF for HBAR—80%
⚫️ETF for AVAX—75%
⚫️ETF for SUI—60%

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11 Jun 2025 14:21

Donald Trump announced on social media that the U.S. and China have finalized a trade deal, pending final approval from him and President Xi.

He emphasized that China will supply rare earths and magnets, while the U.S. will uphold its commitments, including allowing Chinese students to study at American universities.

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Telo News - Crypto | DeFi | Web3

11 Jun 2025 11:29

Daily active addresses on the Avalanche network have surged 200% since the start of 2025, reaching 2.2m—up from just 430k in April, marking a 5x rebound in recent weeks.

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11 Jun 2025 11:04

The U.S. state of Connecticut has passed HB7082, banning the state government from accepting, holding, or investing in any virtual currencies.

The law also prohibits creating a “reserve of virtual currency” and imposes stricter requirements on money transmitters. It passed both chambers unanimously.

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11 Jun 2025 08:38

Crypto funds saw a record $7.05bn in inflows in May, as institutional investors ramped up exposure to digital assets amid mounting market uncertainty, reflecting growing confidence in crypto as a macro hedge and portfolio diversifier.

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