WhiteboardCrypto Newsletter - June 28

Welcome back to this week's edition of our WhiteboardCrypto Newsletter!


Ripple ends its years-long legal fight with the SEC

Ripple is officially closing the book on its legal battle with the U.S. Securities and Exchange Commission (SEC) by dropping its appeal, locking in a $125 million penalty and keeping the regulatory injunction in place.

Learn more here.


Global watchdog calls out crypto’s growing crime problem

The Financial Action Task Force (FATF) warned that only 40 out of 138 jurisdictions are “largely compliant” with anti-money laundering standards for crypto. It spotlighted stablecoins as a favored tool for North Korea and others engaged in illicit finance. Crypto crime is a serious problem.

Learn more here.


Coinbase to launch perpetual futures in the U.S. (legally!)

Coinbase will begin offering a new kind of “perpetual-style” crypto futures on July 21 that are CFTC-compliant. Designed to mimic offshore perpetuals while staying within U.S. law, the long-dated contracts will settle similarly but have expiries capped at five years.

Learn more here.


Tether invests $2 billion to become world’s largest Bitcoin miner

Tether’s CEO says the company might be the world’s top BTC mining outfit by year-end. It reportedly poured more than $2 billion into Bitcoin mining sites since 2023, including in El Salvador. For a decentralized concept, Tether is centralizing a lot of stuff…

Learn more here.


Baltimore deploys blockchain to fight property blight

Baltimore is using blockchain to simplify how it transfers ownership of 16,000 vacant or abandoned properties. With the help of Medici Land Governance, it’s storing verified title data on-chain, slashing the time and cost of property transfers in hopes of getting more buildings redeveloped.

Learn more here.

Thanks for reading and I hope you learned something!

- Theodore