FameEX Morning Crypto News Recap | June 28, 2024

European Banking Authority Recruits Cryptocurrency Experts for Upcoming Crypto Asset Market Regulation

The European Banking Authority (EBA) is hiring experts in cryptocurrency and digital finance to prepare for the EU Crypto Asset Market Regulation (MiCA). MiCA's stablecoin rules take effect on June 30, with regulations for cryptocurrency service providers set for December implementation.

Fintech Firm Pyypl Collaborates with Visa to Launch Prepaid Card

Fintech company Pyypl has teamed up with Visa to introduce virtual and physical prepaid Visa cards through mobile apps. This partnership aims to boost financial inclusion in the region, providing greater access to financial services for underserved communities.

Bolivia Lifts Bitcoin and Cryptocurrency Ban, Allows Bank Trading

Bolivia lifted its December 2020 ban on Bitcoin and other cryptocurrencies. On June 26, the Central Bank of Bolivia (BCB) announced that banks can now conduct cryptocurrency transactions through authorized electronic channels, but reminded citizens that cryptocurrencies are not considered legal tender.

UK Election Nears; Labour Government Could Shape Cryptocurrency Future

The UK general election on July 4 is expected to bring a new Labour government, according to polls. For the past 15 years, the UK's crypto ecosystem has thrived under mainly Conservative leadership, which had been generally supportive and understanding of cryptocurrencies before the election announcement.

Analyst Predicts Bitcoin May Hit $100,000 Ahead of 2024 U.S. Election

The first U.S. presidential debate in 2024 will take place at 9:00 Beijing time on June 28. Standard Chartered Bank analysts predicted Bitcoin could reach $100,000 before the U.S. election. If Trump wins, Bitcoin might rise further to $150,000 by the end of the year.

Marathon Digital Broadens Mining Operations to Include Kaspa

Marathon Digital Holdings Inc. has expanded its mining operations to include Kaspa (KAS), a proof-of-work digital asset. As of June 25, 2024, the company has successfully mined 93 million KAS, valued at approximately $15 million.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​