Argentina's Central Bank Governor met with the head of China's central bank to discuss the global economy and monetary system. While Argentina denies swap renewal talks are on the agenda, reports suggest progress is being made on extending the agreement.
A new bill in Congress aims to establish a Federal Cryptocurrency Theft Task Force within the Justice Department, months after the disbandment of the National Cryptocurrency Enforcement Team (NCET). The proposal seeks to improve coordination for investigating and prosecuting crypto theft while keeping market regulation separate.
The Bank of Russia purchased yuan on the domestic market with settlements on June 11, 2026, for 5.3 billion rubles ($73.08 million). This follows a purchase of 5.2 billion rubles ($71.70 million) on June 10.
Short-sellers are targeting Japan's yen, risking a repeat of the 1997 Asian financial crisis. Japan's weak fundamentals, high debt, and declining competitiveness make its currency vulnerable, despite large forex reserves. A potential inflation-devaluation spiral could profit speculators.
Jamie Lawrence Powrie, 39, has been granted bail and placed under house arrest after being charged with dealing with proceeds of crime worth over $5 million, linked to dark web activities and $5.7 million in bitcoin. His arrest is part of a major NSW Police investigation.
Elon Musk, potentially the world's first trillionaire, believes money will eventually become irrelevant. He predicts AI robots will create such abundance that production costs will plummet, making human labor and traditional currency obsolete. Musk advocates for a universal high income to ensure access to this automated future.
Bitcoin's largest institutional buyers, including ETFs and corporate treasuries, are showing signs of strain with significant outflows and reduced trading volumes. This shift raises questions about the cryptocurrency's role in institutional portfolios and its ability to sustain price levels above $60,000.
Sam Bankman-Fried has lost his appeal against his fraud conviction and 25-year prison sentence for the collapse of FTX. A US appeals court upheld the jury's decision, rejecting his defense that he believed FTX had sufficient funds.
A new Bank of China white paper reveals over 95% of overseas companies plan to maintain or increase cross-border yuan settlements, with a significant drop in those expecting a decline. The report also indicates a five-year high in yuan asset holdings by foreign firms.
The People's Bank of China, Hong Kong Monetary Authority, and Bank Indonesia have established a framework for direct bilateral transactions, facilitating the exchange of Indonesian rupiah and Chinese yuan to boost regional currency use and Hong Kong's role as an offshore renminbi hub.
Hwacheon County in Gangwon Province has been selected as one of seven pilot areas nationwide for the Ministry of Agriculture, Food and Rural Affairs' rural basic income program. Residents will receive 150,000 KRW in local currency monthly from August to December next year.
Delaware and New Jersey are advancing legislation to ban cryptocurrency ATMs due to concerns over their use in scams. The FBI reported significant losses and increased complaints related to crypto ATMs in 2025. Other states have already enacted similar bans.
세종시가 지방비 부족으로 7월 발행 중단 위기에 놓인 지역화폐 '여민전'을 위해 국비를 미리 당겨 사용하는 방안을 검토 중이다. 당선인은 서비스 중단 없는 제공 의지를 밝혔으며, 인수위가 최종 결정을 내릴 예정이다.
As OpenAI and Anthropic prepare for IPOs, investors must understand 'tokens,' the fundamental unit of AI processing. These tokens represent text, images, or other data, and their usage is complexly translated into revenue, posing a challenge for Wall Street.
AI Financial Corp. sees improved outlook after a $1.5B crypto deal with Trump family partners soured, leading to a 92% stock drop. The company faces Nasdaq delisting if stock doesn't stay above $1.
Delaware lawmakers have advanced House Bill 441, a proposed ban on all cryptocurrency kiosks within the state. Sponsors cite consumer protection against predatory practices and fraud, particularly targeting vulnerable populations and elders, as the primary motivation for the legislation.
China's cybersecurity watchdog warns against third-party AI 'skills' packages that bypass safety guardrails or offer crypto-mining functions, citing risks of data leaks and money laundering. Users are advised to use official channels and limit permissions.
Bitcoin's recent drop below $60,000 triggered nearly $10 billion in futures liquidations, exposing the impact of leverage in the crypto market. Analysts suggest capital is rotating towards AI and private tech deals, diverting attention and liquidity from Bitcoin.
Bitcoin has surpassed $60,000 after a Friday dip, despite a 27% year-to-date loss. Large options trades in Strategy and Coinbase show divergent market outlooks, with one expert citing Bitcoin's resilience against AI narratives.
Standard Chartered maintains its year-end Bitcoin price target of $100,000 despite a recent crash below $60,000, citing potential buying opportunities and strategic purchases, though market sentiment and analyst predictions vary widely.
South Korea's stock market surges over 8% on AI confidence and Israel-Iran ceasefire, while the government addresses speculative trading, nuclear submarine development with the U.S., reaffirms denuclearization goal post Kim-Xi summit, and sees a sharp won strengthening against the USD.
South Korea's Gangwon Provincial Police Agency is investigating domestic Polymarket users for illegal gambling on election outcomes, tracing crypto transactions, with potential fines up to 10 million won ($6,500).
The Reserve Bank of India (RBI) has introduced measures to attract foreign currency inflows, including incentives for external commercial borrowings (ECBs) and bearing hedging costs on FCNR(B) deposits, while maintaining the policy rate at 5.25% and a neutral stance. RBI also revised its inflation forecast upward to 5.1% and lowered growth forecasts to 6.6% for FY27, citing supply chain disruptions and elevated energy prices.
India's government and RBI introduced measures to attract foreign portfolio investors and non-resident funds into government bonds and bank deposits, including tax exemptions and risk mitigation strategies, leading to a significant rupee gain.
