CEO Mike Belshe said he sees consolidation in the crypto custody sector in the next six months. Source: https://www.coindesk.com/business/2023/06/26/bitgo-still-has-acquisitions-pending-after-canceling-prime-trust-purchase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for June 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across financial asset classes. Source: https://www.coindesk.com/policy/2023/06/26/singapores-mas-proposes-design-framework-for-interoperable-digital-asset-networks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Dubai-based crypto exchange will gain now a foothold in the European Union after its exit from Canada and the U.K. Source: https://www.coindesk.com/policy/2023/06/26/bybit-gains-crypto-license-in-cyprus/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said. Source: https://www.coindesk.com/business/2023/06/26/us-has-room-for-a-compliant-crypto-etf-to-grow-market-share-as-a-bitcoin-on-ramp-bernstein/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Open interest on bitcoin futures have surged to the highest levels in a year. Source: https://www.coindesk.com/markets/2023/06/26/proshares-bitcoin-futures-etf-racks-up-biggest-weekly-inflow-in-a-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The partnership will offer multi-chain indexing to provide data query API to developers. Source: https://www.coindesk.com/business/2023/06/26/embargo-26th-june-7am-bst-near-foundation-partners-with-alibaba-cloud-to-accelerate-web3-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Ripple Asia’s policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created “a very clear taxonomy for digital assets.” Source: …

The U.S. Commodity Futures Trading Commission began a formal review and public comment period to evaluate prediction market Kalshi’s proposed contracts to bet on who will control Congress. Source: …

Pseudonymous NFT researcher and artist Elena admitted to tracing other pixel art to pad out her upcoming collection Atomic Ordinals. Source: https://www.coindesk.com/web3/2023/06/23/influencer-formerly-associated-with-azuki-postpones-nft-drop-after-plagiarism-accusations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines