DeepNewz

Regulation & Politics
Guotai Junan Wins Hong Kong Crypto Licence, Shares Double
Guotai Junan International became the first mainland China-backed brokerage to win Hong Kong Securities and Futures Commission approval to offer full-scope virtual asset trading and advisory services

TradFi & Fintech
Nasdaq-Listed Aurora Mobile Authorises 20% Treasury Shift Into Crypto
Aurora Mobile Ltd. said its board has approved a treasury strategy that allows the company and its consolidated entities to invest up to 20% of their cash and cash equivalents in digital assets.

Blockchains
Pompliano’s ProCap Buys $387 Million of Bitcoin
Within 24 hours of unveiling its SPAC merger plans, ProCap deployed a sizeable portion of the proceeds, acquiring 3,724 Bitcoin for roughly $386.5 million at an average price of $103,785 per token.

Blockchains
SharpLink Gaming Adds $30 Million in Ether, Treasury Climbs to $461 Million
SharpLink Gaming expanded its cryptocurrency balance sheet with the purchase of 12,207 Ether for about $30.6 million between 16 and 20 June

Blockchains
Circle Issues $250 Million in New USDC on Solana
Blockchain data show that Circle, the issuer of the USD Coin stablecoin, created roughly 250 million USDC (about $249.9 million) in a single transaction on the Solana network on 24 June.

Regulation & Politics
NYC Mayor Eric Adams Proposes Holding Bitcoin as Robinhood CEO Says Crypto Will Replace Traditional Finance
New York City Mayor Eric Adams has expressed interest in holding Bitcoin on the city's balance sheet, signaling a potential shift in municipal financial strategy towards cryptocurrency

Regulation & Politics
Powell Says Banks May Offer Crypto Services if Safety Standards Met
Federal Reserve Chair Jerome Powell said on 24 June that U.S. banks are permitted to serve cryptocurrency firms

Blockchains
Ledger Launches NFC Recovery Key to Simplify Crypto Wallet Backup
Hardware wallet maker Ledger unveiled an NFC-enabled "Recovery Key," a physical device that serves as a spare key for owners of its crypto wallets, allowing tap-to-recover access if their primary credentials are lost

Markets
Saylor Sees BlackRock Bitcoin ETF Topping Global Rankings This Year
Michael Saylor, executive chairman of MicroStrategy and one of Bitcoin’s most vocal backers, said on 23 June that BlackRock’s spot Bitcoin exchange-traded fund, the iShares Bitcoin Trust (ticker IBIT), is “on track” to become the largest ETF in the world before the end of 2025

Blockchains
Digital Asset Raises $135 Million to Expand Institutional Canton Blockchain Network
Digital Asset, the software firm behind the privacy-focused Canton Network, has raised $135 million in a strategic round co-led by DRW Venture Capital and Tradeweb Markets





