Analysis Archive – Page 73

Illinois Approves a 0.2% Tax on Every Crypto Trade, With Felony Penalties
Illinois passed the first U.S. state tax on digital asset trading: 0.2% per covered transaction, registration rules, and Class 3 felony charges for unregistered brokers.

US Spot HYPE ETFs Pull $161M in Their First Month
Three US-listed spot HYPE ETFs gathered $161M in net inflows a month after launch, with only one outflow day, even as broad crypto sentiment stayed in fear.
North Korea Tied to $32M Humanity Protocol Hack via Fake Bithumb Email
A Quantstamp investigation links the $32M Humanity Protocol hack to North Korean actors who used a fake Bithumb email to get in, per a June 14 report.

EU Crypto Users Face Exchange Cutoff as MiCA Deadline Nears
MiCA's transitional permission ends July 1, 2026. With only 194 firms licensed, ~75% of registered EU crypto companies may lose the right to operate.

Philippine Central Bank Bars VASPs From Listing Privacy Coins
The Bangko Sentral ng Pilipinas told licensed crypto firms to stop listing privacy-enhancing coins like Monero, citing travel-rule and AML compliance gaps.

SEC Approves T. Rowe Price's Multi-Asset Crypto ETF
The SEC has cleared a T. Rowe Price multi-asset crypto ETF that could hold BTC, ETH, and SOL in one wrapper, per Cointelegraph. Here is what it signals.

Hyperliquid's HIP-3 Pushes Stocks and S&P 500 Perps Onchain
Hyperliquid's HIP-3 framework let builders list equity and S&P 500 index perpetuals fully onchain, which Cointelegraph says helped drive $200B in volume.

The CLARITY Act Can No Longer Pass by July 4th, Reporter Says
Eleanor Terrett says the CLARITY Act crypto market-structure bill cannot logistically clear Congress by July 4th. What the slipped timeline means for US crypto.

India Sends 44,000 Crypto Tax Notices, Finds $104M Hidden
India's Income Tax Department issued over 44,000 VDA tax notices and surfaced about $104M in undisclosed income, per The Economic Times. Here is what it means.

Ethereum Heads for Its First-Ever Third Straight Red Quarter
Cointelegraph says ETH is tracking toward a third consecutive red quarter, a first in its history. ETH trades near $1,685 as of June 14, 2026.
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