KLEA Crypto Daily: Monday, June 29, 2026

Published: June 30, 2026 – 00:11 UTC

Key stories from June 29, 2026.

UK sets capital, market abuse rules in landmark crypto framework

The UK has established a comprehensive regulatory framework for cryptocurrencies, introducing capital and market abuse rules that will significantly impact the industry. This landmark decision aims to enhance investor protection and market integrity, setting a precedent for other nations to follow.

JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework

JPMorgan has expressed support for a new U.S. crypto bill, emphasizing the need for regulatory clarity alongside necessary safeguards. As Congress negotiates the Clarity Act, the bank’s endorsement highlights the importance of a balanced approach to digital asset regulation.

Spot Bitcoin ETFs Experience Record Outflows Amid Institutional Demand Decline

In June 2026, U.S. spot Bitcoin exchange-traded funds (ETFs) faced unprecedented net outflows totaling $4.06 billion, marking the highest monthly redemption since their inception. This significant outflow trend indicates a structural exit by institutional investors, raising concerns about the future demand for Bitcoin and its associated financial products.

Binance Withdraws Greek MiCA License Application Due to External Factors

Binance has officially withdrawn its application for a MiCA license in Greece, citing external political factors that disrupted the approval process despite meeting all regulatory requirements. The company plans to pursue MiCA authorization in other EU member states as the regulatory landscape continues to evolve.

Bank of Thailand Nears Completion of Baht-Backed Stablecoin Framework

The Bank of Thailand is finalizing its framework for a baht-backed stablecoin, marking a significant step towards regulated digital currency in the country. This initiative follows extensive testing in the central bank’s Programmable Payment Sandbox, indicating a move towards integrating digital assets into the traditional financial system.

Strategy Unveils Bitcoin Monetization Program, Authorizes $2B Buybacks and Raises STRC Dividend to 12%

Strategy has introduced a new digital credit capital framework that includes a Bitcoin monetization program allowing for future Bitcoin sales to support liquidity. This strategic shift aims to enhance the company’s financial position while authorizing up to $2 billion in buybacks and increasing the dividend rate for its stock.

J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments

J.P. Morgan has expanded its Kinexys blockchain platform to include five Asia-Pacific currencies, enabling institutional clients to settle payments and foreign exchange transactions around the clock. This move represents a significant step in modernizing cross-border payment systems and integrating blockchain technology into traditional banking operations.

Bolivia Abandons Fixed Exchange Rate Scheme After 15 Years, Adopting a Floating Dollar System

Bolivia’s Economy Ministry recognized that the fixed exchange rate regime had failed, leading to the adoption of a floating dollar system. This significant shift in monetary policy could have far-reaching implications for the country’s economy and its interaction with global markets.

Source: KLEA News