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Crypto
DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says
The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business
The two suspects were interviewed under caution by the FCA and then released on bail.

Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters
A draft document reviewed by Reuters is due to be approved by the cabinet later Thursday.

Binance Fined $2.2M by India’s Financial Intelligence Unit
Binance became the first offshore crypto-related entity, along with KuCoin, to be approved by India’s Financial Intelligence Unit (FIU) in May, conditional to paying a penalty.

Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
