Circle Launches Payments Network with Coins.ph as Key Partner
Circle has unveiled a new global payments network aimed at revolutionizing cross-border money movement using blockchain technology. The initiative is launching with key partners including Philippines-based Coins.ph, helping to onboard wallets, neobanks, and traditional banks to USDC. Circle says this will empower institutions to send and receive digital dollars worldwide with near-instant settlement and minimal fees. (BusinessWire)
PH Opens Regulatory Sandbox for Crypto Services
The Philippines has launched the StratBox initiative to support crypto service providers in testing and scaling blockchain solutions under government oversight. Managed by the SEC and BSP, the initiative aims to balance innovation and investor protection, with participants receiving regulatory guidance as they roll out pilot products. (CoinGeek)
PH Blockchain Week 2025 Pushes Crypto Education
Philippine Blockchain Week 2025, set to happen on June 10-11, is on a mission to dispel crypto myths and spotlight real-world blockchain innovations. With speakers from local and global institutions, the event shall focus on applications in public governance, finance, and education, emphasizing the Philippines' unique position to become a regional leader in Web3. (Manila Standard)
U.S. Regulators Ease Crypto Banking Limits
U.S. banking regulators have rolled back some guardrails previously imposed on banks dealing with crypto firms. The move, part of the Trump administration’s deregulatory push, is designed to give banks more flexibility in offering crypto-related services while maintaining “risk-based” oversight. (Reuters)
U.S., El Salvador Explore Tokenized Cross-Border Trials
The SEC and El Salvador’s National Commission of Digital Assets (CNAD) are reportedly collaborating on cross-border tokenization trials. The initiative could pave the way for regulated digital asset flows between the two countries, with a focus on real-world asset tokenization like remittances. (CryptoSlate)
Bitcoin Hits $90K as Trump Tones Down Trade Rhetoric
Bitcoin reached $90,000 following President Trump’s softer stance on trade talks with China and public support for Fed Chair Jerome Powell. The optimistic shift improved market sentiment, reinforcing Bitcoin’s status as a macro-sensitive asset. Analysts are watching for confirmation of a sustained rally. (Fortune)
SoftBank Consortium Eyes $36B Crypto Venture via SPAC
Cantor is teaming up with Tether and Softbank through a Special Purpose Acquisition Company deal to create a $36 billion crypto powerhouse. The project will combine infrastructure, DeFi, and gaming plays under one umbrella, aiming to be one of the largest crypto ventures launched through public markets. (Reuters)
Bitcoin ETFs Pull Nearly $1B—Strongest Signal Yet
Wall Street is showing strong conviction in crypto as U.S. Bitcoin ETFs attracted nearly $1 billion in net inflows last week alone. The data reflects growing institutional confidence in digital assets, particularly as ETFs provide traditional investors with easier access to Bitcoin exposure. (TheStreet)
Trump-Themed Crypto Soars After Dinner Offer
The $TRUMP memecoin skyrocketed after the former president announced that top holders will be invited to an exclusive dinner with him. The announcement resulted in a 70% value increase, illustrating the growing power of community-driven and personality-led tokens. (BBC)
