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RWATimes
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rwatimes 2 weeks ago
📰 Tether Launches Visa Card Offering 6% XAUT Cashback 🗓️ Jun 03 2026 14:58 UTC - Maxwell Mutuma Tether launches a Visa card offering up to 6% cashback in XAUT, linking tokenized gold rewards to everyday fiat payments. ➤ Tether has launched a Visa card offering up to 6% cashback in XAUT (tokenized gold) on eligible purchases. ➤ The card, a partnership with Fasset, allows users to spend fiat globally while earning rewards in tokenized gold, with USDT converted to fiat at the point of sale. ➤ This initiative aims to integrate tokenized gold into everyday consumer payments and offers features like automatic round-ups into XAUT. #tether #visacard #xaut #tokenizedgold #cashback #fasset #stablecoin #goldbacked #rewardscard #emergingmarkets 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Tether to Launch the World’s First Visa Card with Cashback in Gold-Backed Stablecoin XAUT 🗓️ Jun 03 2026 13:43 UTC - Olena Kocherhina Tether is launching a Visa card with cashback in the XAUT stablecoin. This opportunity was made possible through a partnership with Fasset. The collaboration will make it possible to turn gold into a payment instrument. ➤ Tether is launching the world's first Visa card with cashback rewards in XAUT, a gold-backed stablecoin, in partnership with Fasset. ➤ This initiative aims to transform tokenized gold into a practical payment instrument, allowing users to earn digital gold through everyday purchases. ➤ The partnership focuses on emerging markets, leveraging Fasset's infrastructure to promote the adoption of gold-backed assets and stablecoins. #tether #xaut #visacard #tokenizedgold #fasset #cashback #stablecoin #emergingmarkets #digitalgold #paymentinstrument 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Evernorth: Real Banks Are Already Using XRP, Focus Now Shifts to Growth Over the Next 18 Months 🗓️ Jun 03 2026 10:01 UTC - Abdulkarim Abdulwahab XRP treasury firm Evernorth says real banks are already using XRP as Société Générale launches its EURCV stablecoin on the XRP Ledger. ➤ Evernorth highlights Société Générale's launch of the EURCV stablecoin on the XRP Ledger, Ethereum, Stellar, and Solana as evidence of real banks using XRP. ➤ The firm emphasizes that the next 18 months will focus on network selection and regulatory frameworks for wider adoption, with the EU's MiCA regulation providing key clarity. ➤ This gradual adoption by regulated institutions, rather than a single breakthrough, signifies a growing trend in tokenizing real-world financial products on public blockchains. #xrp #evernorth #societegenerale #eurcv #stablecoin #xrpledger #mica #institutionaladoption #blockchain #regulatedfinancialproducts 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Israel Tax Authority Deems Voluntary Crypto Disclosures Inadequate 🗓️ Jun 04 2026 02:35 UTC Israel’s voluntary disclosure program for cryptocurrency profits has yet to deliver the revenue uplift anticipated by authorities, even as the policy offers immunity from criminal proceedings for filers who correct their crypto tax reports. The program, launched in August 2025, t... ➤ Israel's voluntary disclosure program for cryptocurrency profits has seen low uptake, with only $50 million reported against a projected $1 billion in taxes, due to concerns over lack of anonymity and perceived complexity. ➤ Experts suggest that the absence of an anonymous track in the early stages of the disclosure process weakens taxpayer incentives, despite the offer of immunity from criminal proceedings. ➤ The article highlights the challenges tax authorities face in balancing enforcement with incentives for crypto tax compliance, contrasting Israel's approach with proposed de minimis exemptions in the US. #israeltaxauthority #voluntarydisclosureprogram #cryptocurrency #taxevasion #criminalproceedings #capitalgains #anonymity #regulatorycompliance #amlkyc #usparityact 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Israel Tax Authority Dissatisfied With Voluntary Crypto Disclosures 🗓️ Jun 04 2026 01:35 UTC The uptake on Israel’s crypto voluntary disclosure program remains modest relative to policymakers’ expectations, underscoring the challenges of using immunity from criminal prosecution to coax tax compliance in a rapidly evolving asset class. The policy, introduced to encourage ... ➤ Israel's voluntary crypto disclosure program has seen low uptake, with only 58 filers and $50 million in disclosed assets, falling short of expectations. ➤ Challenges include concerns over anonymity and risk assessment, dampening taxpayer incentive to participate despite offers of immunity from criminal charges. ➤ The article contrasts Israel's approach with the US PARITY Act, highlighting ongoing global debates on balancing tax compliance, user privacy, and regulatory frameworks for digital assets. #israeltaxauthority #cryptovoluntarydisclosure #taxcompliance #capitalgains #immunityfromprosecution #bankofisrael #parityact #reportingthreshold #anonymityconcerns 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated 🗓️ Jun 04 2026 02:11 UTC - Omkar Godbole, Sam Reynolds, Shaurya Malwa Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks. ➤ Bitcoin experienced a significant crash to $62,000, leading to billions in liquidations, driven by traders rotating into IPOs and AI stocks. ➤ Despite the downturn, some narrative-driven tokens like Worldcoin (WLD), Ethena (ENA), and Ondo Finance (ONDO) showed resilience or gains, with ONDO highlighting continued interest in tokenized real-world assets. ➤ Increased demand for Bitcoin put options, particularly at lower strike prices, indicates a bearish sentiment or hedging against potential further price declines. #bitcoin #liquidation #ipo #aistocks #worldcoin #ethena #hyperliquid #ondofinance #tokenizedrealworldassets #bitcoinoptions 🔗 Read more at:
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rwatimes 2 weeks ago
📰 BP Rockets Nearly 90% As Backpack Unveils Traditional And Tokenized Stock Trading 🗓️ Jun 03 2026 14:30 UTC - MENAFN BP Rockets Nearly 90% As Backpack Unveils Traditional And Tokenized Stock Trading. BP has seen an impressive spike in its value within the last 24 hours after Backpack launched a new securities trading platform that supports both tokenized and traditional stock trading. Data posted ➤ Backpack has launched a new securities trading platform that supports both tokenized and traditional stock trading, leading to a nearly 90% surge in BP's value. ➤ The platform aims to bridge traditional financial assets with blockchain-based tokenized stocks, attracting interest from both crypto and non-crypto investors. ➤ This development highlights the growing trend of integrating traditional markets with digital-asset infrastructure and the potential for tokenized securities to attract broader investment. #bp #backpack #tokenizedstocks #traditionalstocks #securitiestrading #blockchain #equity #digitalassets #marketrally 🔗 Read more at:
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rwatimes 2 weeks ago
📰 BlockDAG’s Legacy Sale at $0.00000044 Sees Massive Demand Ahead of $0.001 Buyback Surge! Cardano and Chainlink Note Shifts 🗓️ Jun 03 2026 18:00 UTC - Antony Jackson See how Cardano upgrades and Saturn’s Chainlink linkup shift markets while BlockDAG drops a stablecoin, 30% discount, and burn mechanism at $0.00000044. ➤ BlockDAG is launching its Legacy Sale at $0.00000044 with a 30% discount, a native stablecoin, and a buyback/burn mechanism, aiming for a $0.001 buyback surge. ➤ Cardano is progressing with Leios and Mithril upgrades, while Saturn has integrated Chainlink CCIP, attracting significant deposits. ➤ BlockDAG emphasizes immediate utility through physical mining rigs and an operational casino, positioning itself as a strong investment opportunity with active trading on 13 exchanges. #blockdag #legacysale #buybackandburn #stablecoin #cardano #chainlink #ccip #saturn #tokenomics #miningrigs 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Stablecoins Shift From Consumer Payments to Business Infrastructure as B2B Adoption Surges 🗓️ Jun 03 2026 14:35 UTC New research released by Paybis at Money20/20 Europe suggests that stablecoins are rapidly evolving from a crypto-native tool into a core component of business payment infrastructure, with B2B transactions now accounting for the overwhelming majority of stablecoin payment volume.... ➤ Stablecoins are increasingly being adopted for business-to-business (B2B) transactions, shifting from consumer payments to core business infrastructure, particularly for cross-border settlements and treasury management. ➤ Research indicates a significant surge in B2B stablecoin payment volume, with businesses valuing faster settlement, reduced fees, and improved transparency compared to traditional systems. ➤ Despite growing adoption, a knowledge gap persists among business decision-makers regarding stablecoin settlement speed and costs, highlighting the need for education and integrated solutions. #stablecoins #b2bpayments #crossbordersettlements #businessinfrastructure #paybis #money2020europe #treasurymanagement #paymentrails #enterpriseadoption 🔗 Read more at:
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rwatimes 2 weeks ago
📰 SEC Strategic Plan Supports Digital Assets, Signals Compliance Push 🗓️ Jun 03 2026 09:30 UTC - MENAFN SEC Strategic Plan Supports Digital Assets, Signals Compliance Push. The U.S. Securities and Exchange Commission has elevated digital assets to a strategic priority, signaling that comprehensive regulatory clarity around blockchain technology, tokenization and crypto ➤ The SEC's draft Strategic Plan for 2026-2030 designates digital assets as a core objective, aiming to provide regulatory clarity and a firm foundation for blockchain technology and tokenization. ➤ The plan emphasizes a rational, coherent approach to support compliant capital formation, with a focus on reducing legal ambiguity and establishing clear oversight for custody, trading, and staking services. ➤ Key aspects include clarifying jurisdictional boundaries between the SEC and CFTC, coordinating with international standards like MiCA, and supporting the development of on-chain financial infrastructure. #sec #digitalassets #strategicplan #blockchain #tokenization #regulatoryclarity #cftc #mica #onchaininfrastructure #investorprotection 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Treasury Signals CLARITY Act by Summer; Bitcoin Reserve Moves 🗓️ Jun 03 2026 23:35 UTC According to Cointelegraph, U.S. Treasury Secretary Scott Bessent told lawmakers that the department is advancing plans to establish a strategic Bitcoin reserve and a United States digital asset stockpile, building on President Trump’s executive order issued more than a year earl... ➤ The U.S. Treasury is actively developing a strategic Bitcoin reserve and digital asset stockpile, building on a previous executive order. ➤ The reserve is currently populated with seized crypto assets, with no immediate plans for further acquisition, and the CLARITY Act is progressing towards potential summer passage. ➤ The initiative faces uncharted territory regarding governance, custody, and integration with existing financial regulations, with state-level actions also shaping the landscape. #bitcoinreserve #clarityact #ustreasury #digitalassetstockpile #seizedcrypto #scottbessent #regulatoryframework #stateleveldevelopments #amlkyc #governance 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Crypto PAC-Backed Candidates Sweep State Primaries After Media Buys 🗓️ Jun 03 2026 21:35 UTC In a sign of growing political muscle for crypto-friendly groups, Democratic and Republican candidates across California, New Jersey, and South Dakota benefited from targeted media buys financed by industry-backed political action committees (PACs). The campaigns underscore how c... ➤ Crypto-aligned Political Action Committees (PACs) have significantly influenced state primaries by financing targeted media buys for pro-crypto candidates. ➤ Groups like Fairshake, backed by major crypto firms, have deployed substantial funds to support candidates promising clearer regulations and industry-friendly stances. ➤ This trend indicates a growing political influence of the crypto industry in shaping election outcomes and future policy development in the United States. #cryptopac #politicalactioncommittees #mediabuys #electionlandscape #fairshake #coinbase #ripple #regulatoryguardrails #defenddevelopers #developerprotections 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Wyoming EO Shapes AI Data Center Development, Impact on Crypto Infra 🗓️ Jun 03 2026 23:35 UTC Wyoming is formalizing its ambition to become a home for AI infrastructure and large-scale data processing with a new executive order. Governor Mark Gordon signed a directive titled “Data Centers the Wyoming Way,” establishing a framework intended to guide the responsible develop... ➤ Wyoming has issued an executive order to establish a framework for responsible AI data center development, leveraging its energy resources and business-friendly climate. ➤ This initiative aligns with national efforts to boost AI infrastructure and attracts significant private sector investment, potentially creating a hub for AI workloads and high-performance computing. ➤ The framework emphasizes environmental stewardship, water usage, and residential electricity protections, while also interacting with the state's existing crypto mining ecosystem and potential policy incentives. #wyoming #aidatacenters #executiveorder #energyabundance #cryptocurrencymining #infrastructuredevelopment #regulatoryframework #workforcedevelopment #environmentalstewardship #techinvestment 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Coinbase links raise questions around crypto lobby’s clarity push 🗓️ Jun 03 2026 18:45 UTC The Blockchain Association has come under scrutiny after a pro-crypto market structure letter to U.S. Senate leaders included several former law enforcement officials who now work for major digital asset firms. The Blockchain Association said the letter was sent to… ➤ The Blockchain Association is facing scrutiny for a letter supporting the CLARITY Act, which included former law enforcement officials now working for crypto firms like Coinbase. ➤ Critics question whether the endorsement was presented as independent support, given the signatories' current industry roles, while supporters argue their past experience remains relevant. ➤ This debate adds complexity to the U.S. discussion on digital asset market structure and regulation. #blockchainassociation #clarityact #coinbase #lobbying #formerlawenforcement #digitalassets #marketstructure #regulation #consumerprotection #nationalsecurity 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Helium Mobile acquisition leaves HNT network intact as token tests key support 🗓️ Jun 03 2026 23:05 UTC Helium Mobile has been acquired by Noble Mobile, a U.S.-based telecom startup founded by former presidential candidate Andrew Yang, while the Helium Network and its native HNT token have remained under existing operational structures. According to announcements from both companie... ➤ Helium Mobile has been acquired by Noble Mobile, founded by Andrew Yang, but the Helium Network and its HNT token operations remain unaffected. ➤ Despite community concerns, the acquisition only pertains to the consumer-facing mobile service, not the underlying decentralized network infrastructure. ➤ The HNT token is experiencing technical pressure, trading below a falling wedge pattern, with ongoing network usage contributing to token demand through a burn mechanism. #heliummobile #noblemobile #hnttoken #heliumnetwork #andrewyang #decentralizedwireless #datacredits #tokendemand #technicalanalysis #support 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Circle faces fresh market jolt as Coinbase weighs rival Stablecoin play 🗓️ Jun 03 2026 21:35 UTC Coinbase and Circle shares have come under pressure after a CoinDesk report said Coinbase is weighing a role in a new stablecoin platform backed by Stripe, Visa, and Mastercard. CoinDesk reported that Coinbase Global is evaluating whether to participate in… ➤ Coinbase is reportedly considering joining a new stablecoin platform backed by Stripe, Visa, and Mastercard, potentially impacting its existing revenue-sharing deal with Circle. ➤ This news has led to a drop in shares for both Coinbase and Circle, with broader market weakness and bearish retail sentiment contributing to the pressure. ➤ The situation highlights increasing competition in the stablecoin market and raises questions about Coinbase's future strategy and its relationship with Circle ahead of a contract renewal. #circle #coinbase #stablecoin #stripe #visa #mastercard #usdc #competition #revenuedeal #marketpressure 🔗 Read more at:
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rwatimes 2 weeks ago
📰 BitMine’s $300M stock move tests confidence in ETH treasury bet 🗓️ Jun 03 2026 23:05 UTC BitMine has moved to raise $300 million through a preferred stock sale as the Ethereum treasury firm turns to dividend-paying securities for fresh capital. According to a Wednesday filing with the U.S. Securities and Exchange Commission, BitMine Immersion Technologies is… ➤ BitMine is raising $300 million through a preferred stock sale with a 9.5% annual dividend rate, aiming to list on the NYSE. ➤ The company holds over 5.4 million ETH, representing a significant portion of its assets, despite substantial unrealized losses. ➤ This move follows a trend of crypto treasury firms using preferred equity financing amidst current market pressures and scrutiny of similar models. #bitmine #preferredstock #ethereum #eth #treasury #secfiling #dividend #nyse #crypto #strategy 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Israel crypto tax plan misses target as reporting gap widens 🗓️ Jun 03 2026 23:55 UTC Israeli tax authorities have received far fewer crypto tax corrections than expected under a voluntary disclosure program that offers criminal immunity to eligible taxpayers. According to a Wednesday report by Globes, the Israel Tax Authority had expected the program to… ➤ Israel's voluntary crypto tax disclosure program has seen significantly lower participation and revenue than anticipated, with only 58 filings and $50 million in disclosed crypto capital. ➤ The program offers criminal immunity for eligible taxpayers who correct reports and pay taxes by August 31, 2026, but a lack of an anonymous first stage is cited as a potential deterrent. ➤ This initiative occurs amidst increased scrutiny of digital assets by Israeli financial authorities and global discussions on crypto tax reporting, including proposals in the US for tax relief on small transactions. #israeltaxauthority #cryptotax #voluntarydisclosure #criminalimmunity #capitalgains #taxrevenue #bankofisrael #stablecoinregulation #irs #parityact 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Outpoll Launches Global Prediction Market Platform Built Around Professional Trading Tools 🗓️ Jun 03 2026 21:35 UTC Outpoll announced the global launch of its prediction market platform, a venue where users can trade on the outcomes of real-world events across politics, sports, crypto, and culture. The platform goes live as prediction markets have moved firmly into mainstream coverage, with th... ➤ Outpoll has launched a global prediction market platform designed for professional traders, offering advanced tools like take-profit/stop-loss orders and a comprehensive API. ➤ The platform aims to treat users as traders from the outset, integrating news directly into the interface and supporting creator-led markets. ➤ Markets are fully collateralized with USDC, feature low trading fees, and utilize a risk-based KYC approach, with rewards for active traders. #outpoll #predictionmarket #tradingtools #realworldevents #usdc #kyc #api #forecasting #crypto 🔗 Read more at:
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rwatimes 2 weeks ago
📰 Tether and Fasset unveil Visa card with a Gold rewards twist 🗓️ Jun 03 2026 16:17 UTC - Irene Mukiri Tether and Fasset launch a Visa card that lets users spend tokenized gold and earn XAU₮ rewards on eligible purchases. ➤ Tether and Fasset have launched a Visa card enabling users to spend tokenized gold (XAU₮) for everyday purchases. ➤ The card allows conversion of XAU₮ to USD₮ and then to local currency at checkout, offering up to 6% cashback in XAU₮ on eligible purchases. ➤ This initiative aims to transform tokenized gold from a store-of-value asset into a practical payment tool, with Tether committing $1 million in XAU₮ for rewards. #tether #fasset #visacard #tokenizedgold #xaut #rewards #digitalpayments #tethergold #usdt #goldbacked 🔗 Read more at: