June 2025 crypto news highlights — from stablecoin rules to hacks and global regulatory shifts.
The latest crypto news for June 2025 will surely get you thinking! From groundbreaking legislation to high-stakes hacks and major market shifts—June 2025 was a month packed with major crypto headlines. Here’s your in-depth look at everything that moved the space.
1. U.S. Senate Passes GENIUS Act to Regulate Stablecoins
On June 17, 2025, the U.S Senate overwhelmingly passed the bipartisan GENIUS Act by a vote of 68–30. The legislation requires all U.S.-dollar-pegged stablecoin issuers to hold dollar or Treasury reserves for every token in circulation—a move hailed as a major step toward transparency and consumer protection in digital finance.
Coinbase stock surged nearly 17% as investors welcomed increased legitimacy for stablecoins like USDC—its second-largest revenue source behind trading volume :contentReference[oaicite:1]{index=1}. Circle also saw a significant boost, with its stock up more than 200% since listing on the NYSE :contentReference[oaicite:2]{index=2}.
2. $90 Million Crypto Hack Targets Iran’s Nobitex
On June 18, reports emerged that the hacker group Predatory Sparrow—believed to have ties to Israel—stole $90 million worth of Bitcoin, Ethereum, and Dogecoin from Iran’s largest crypto exchange, Nobitex. According to analysts Elliptic and TRM Labs, the funds were intentionally “burned” to prevent them from being used by IRGC-linked entities :contentReference[oaicite:3]{index=3}.
This unprecedented cyber action highlights a new era where geopolitical conflicts extend directly into the blockchain world.
3. Bitcoin Dips Under $103K Amid Geopolitical Risk
Global tension between Israel and Iran triggered a sharp selloff in crypto markets. In response, Bitcoin dropped below $103,000 as risk assets lost their appeal :contentReference[oaicite:4]{index=4}. Ethereum and other major coins also saw a roughly 2% correction, highlighting crypto’s sensitivity to geopolitical instability.
4. Tron Goes Public via Reverse Merger with SRM Entertainment
Tron founder Justin Sun took a major step toward mainstream growth by merging with Nasdaq-listed SRM Entertainment, rebranding it as Tron Inc. and raising nearly $100 million toward its crypto operations :contentReference[oaicite:5]{index=5}.
This move signals increased institutional acceptance—especially with rumored interest from Trump-linked ventures amid broader plans including a Bitcoin and Ethereum ETF :contentReference[oaicite:6]{index=6}.
5. UK Lifts Ban on Retail Crypto ETNs; India to Release Regulations
The U.K. Financial Conduct Authority announced it will allow retail investors to access crypto exchange-traded notes (ETNs), easing restrictions and expanding public participation in digital asset markets :contentReference[oaicite:7]{index=7}.
Meanwhile, India is expected to publish a draft policy paper on crypto regulations in June—signaling cautious but constructive steps toward digital asset governance :contentReference[oaicite:8]{index=8}.
Why These Stories Matter
- Stablecoins are becoming regulated—major infrastructure for DeFi and international transactions.
- Cyberwar is unfolding on-chain, with political motives driving hacks.
- Macro tensions still move Bitcoin—highlighting crypto’s role in global risk sentiment.
- Corporate innovation continues, with crypto firms entering public markets.
- Regulatory thaw in the U.K. and India suggests global crypto acceptance is growing.
What’s Next for crypto news for June 2025?
The GENIUS Act now heads to the House, where further details will be ironed out. Meanwhile, keep an eye on more on-chain hack developments and the ripple effects of geopolitical conflicts.
Tron’s U.S. debut and growing partnerships may signal a shift toward crypto’s institutional phase. Finally, evolving global regulations—especially in the U.K. and India—could reshape adoption and investment frameworks.
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