SpendNode Podcast: Crypto News & Analysis

The CFTC dropped a longstanding rule that barred defendants from settling enforcement cases while denying the allegations. Here is what it means for crypto. Read the full article: https://www.spendnode.io/blog/cftc-scraps-no-deny-policy-enforcement-settlements-june-2026/

Tria reported all-time-high May card spend of $22.91M across 105k transactions and ~14k active wallets, just as Season 3 caps the rewards that drove it. Read the full article: https://www.spendnode.io/blog/tria-record-may-card-spend-22m-june-2026/

Trezor disclosed a laser fault injection flaw in the Safe 7's TROPIC01 secure element, found by Ledger's Donjon team. Trezor says keys are not stored on the chip. Read the full article: https://www.spendnode.io/blog/trezor-safe-7-laser-fault-secure-element-vulnerability-june-2026/

CoinDesk reports Stripe, Visa and Mastercard are among the backers of a soon-to-launch stablecoin platform, with Coinbase exploring a role. Here is what it means. Read the full article: https://www.spendnode.io/blog/stripe-visa-mastercard-stablecoin-platform-june-2026/

Euroclear and Banque de France will pilot tokenized NEU commercial paper in late 2026, putting the euro area's largest short-term debt market on a ledger. Read the full article: https://www.spendnode.io/blog/euroclear-pythagore-tokenized-commercial-paper-june-2026/

BitMine is down $8.9B on its ETH stack and Strategy is $7.6B underwater on Bitcoin, per Cointelegraph, as BTC and ETH both slide on June 3, 2026. Read the full article: https://www.spendnode.io/blog/bitmine-strategy-combined-16b-treasury-losses-june-2026/

Mastercard expanded settlement to regulated stablecoins USDC, RLUSD and PYUSD across Ethereum, Solana, Base, Arbitrum and XRPL. Here is what changes for card rails. Read the full article: https://www.spendnode.io/blog/mastercard-stablecoin-settlement-usdc-rlusd-pyusd-june-2026/

The European Banking Authority and New York's NYDFS signed a June 3 memorandum to share stablecoin data and coordinate supervision across the Atlantic. Read the full article: https://www.spendnode.io/blog/nydfs-eba-stablecoin-oversight-mou-june-2026/

Senators Sanders and Warren are pushing back on a Labor Department plan to let crypto into 401(k) retirement accounts, warning it puts savings at risk. Read the full article: https://www.spendnode.io/blog/sanders-warren-crypto-401k-labor-department-june-2026/

Bitcoin's BVIV implied volatility index jumped nearly 20% to 46.45% on June 3, 2026, its biggest move since the February 5 crash, as BTC fell to about $67K. Read the full article: https://www.spendnode.io/blog/bitcoin-bviv-volatility-gauge-jump-feb5-since-june-2026/

The US is proposing tariffs of at least 10% on most major trading partners, rebuilding the wall the Supreme Court struck down. BTC fell 6.4% the same day. Read the full article: https://www.spendnode.io/blog/trump-10-percent-tariffs-supreme-court-crypto-june-2026/

Binance is closing NFT support on its main exchange and shifting the service to Binance Wallet, a custodial-to-self-custody move during a market-wide selloff. Read the full article: https://www.spendnode.io/blog/binance-shuts-nft-marketplace-moves-to-wallet-june-2026/

The FCA backed the UK Payments Initiative on June 2, 2026, an industry scheme for commercial variable recurring payments that lets account-to-account rails handle subscriptions. Read the full article: https://www.spendnode.io/blog/uk-payments-initiative-open-banking-cvrp-june-2026/

Bitcoin fell to $67,001 and every major token dropped 5-7.5% in 24 hours as the Fear & Greed Index hit 26, even as the S&P 500 and Dow closed higher. Read the full article: https://www.spendnode.io/blog/crypto-selloff-btc-67k-fear-greed-26-stocks-diverge-june-2026/

A House of Lords committee has urged the Bank of England to ease its proposed stablecoin rules, warning that strict holding caps could leave GBP tokens stranded. Read the full article: https://www.spendnode.io/blog/boe-stablecoin-rules-uk-lords-warn-irrelevance-june-2026/

Ledger launched Cash-to-Stablecoin in Ledger Wallet, giving users an IBAN for deposits and paychecks plus USD/EUR to USDC conversion with no conversion fee. Read the full article: https://www.spendnode.io/blog/ledger-cash-to-stablecoin-iban-usdc-june-2026/

RedotPay unveiled RedotPay Connect at Money20/20, a B2B gateway that lets businesses accept stablecoins and settle in local currency, claiming up to 70% lower merchant fees. Read the full article: https://www.spendnode.io/blog/redotpay-connect-b2b-stablecoin-gateway-june-2026/

Strive added 2,500 BTC to reach 19,000 total on June 2, one day after Strategy disclosed its first sale, as bitcoin fell to about $69,076. Read the full article: https://www.spendnode.io/blog/strive-adds-2500-btc-19000-total-june-2026/

MoneyGram issued its own dollar stablecoin, MGUSD, on Stellar on June 2, 2026, with a self-custodial wallet for 60M customers across 500,000 retail locations. Read the full article: https://www.spendnode.io/blog/moneygram-mgusd-stablecoin-stellar-june-2026/

edgeX's EDGE token fell as much as 70% on June 1-2, triggering $2.81M in liquidations. ZachXBT says insiders controlled a low float and wants counterparties named. Read the full article: https://www.spendnode.io/blog/edgex-edge-token-crash-zachxbt-manipulation-june-2026/

ProCap sold 52 BTC to repurchase 2M shares at a ~50% discount to net asset value. Pompliano calls it accretive. The discount itself is the bigger story. Read the full article: https://www.spendnode.io/blog/procap-sells-52-btc-buyback-shares-nav-discount-june-2026/

Mt. Gox shifted 10,306 BTC (~$731M) to a fresh wallet for the first time in two months, landing as Bitcoin trades near $70,557 in a Fear-gripped market. Read the full article: https://www.spendnode.io/blog/mt-gox-moves-10306-btc-731m-new-wallet-june-2026/

Grayscale priced its planned Hyperliquid Staking ETF at a 0.29% fee, undercutting a rival 21Shares product and pushing the ETF fee war into staking wrappers. Read the full article: https://www.spendnode.io/blog/grayscale-hyperliquid-staking-etf-029-fee-june-2026/

The Kelp DAO exploiter has laundered nearly all of the unfrozen $220M from April's $293M rsETH drain, leaving only the $71M frozen by Arbitrum recoverable. Read the full article: https://www.spendnode.io/blog/kelp-dao-hacker-launders-220m-recovery-window-june-2026/

SWIFT is launching a cross-border payments framework with 50-plus banks, promising instant settlement, fixed fees, and full traceability by end of June 2026. Read the full article: https://www.spendnode.io/blog/swift-instant-cross-border-payments-50-banks-june-2026/