News
8 Jun 2026, 17:22
UK FCA proposes allowing investment funds hold up to 10% in crypto ETNs

The United Kingdom’s asset regulator, the Financial Conduct Authority (FCA), has proposed a new standing for investment funds which would allow them to have up to 10% of their assets in crypto exchange traded notes (ETNs), in a move geared towards opening regulated funds to digital asset exposure. This proposal was published as part of the FCA’s 52nd quarterly consultation paper, with the consultation window closing on July 13. FCA proposal Portfolio managers at authorized funds could be allowed to hold crypto ETN positions so long as the total allocation stays at or below 10% of the entire asset holding, according to the published proposal. Fund managers would also need to show that any ETN holdings align with the fund’s stated investment objective and risk profile. The FCA has set a 10% cap to limit risk exposure and prevent funds from being pushed into “restricted mass market investment” territory at higher allocation levels, which could complicate their regulatory classification as retail products. Based on the proposal plan, funds will be permitted to hold crypto ETNs listed on recognized investment exchanges in the UK. Products traded in the EU and other global markets that satisfy existing market criteria for eligibility are also expected to qualify for listing. Possible proposal benefactors The proposal covers a wide scope of financial institutions and investment funds, but still has clear boundaries on who it applies to and who it doesn’t. Some investment schemes serving professional investors and individuals with a high net worth would face no allocation cap. Long-term asset funds and non-UCITS retail schemes structured as alternative investment funds would be excluded entirely from holding crypto ETNs. However, the FCA’s stance on direct crypto ownership has not changed in the slightest. Ownership of cryptocurrency by these funds is still off the table. Funds can gain exposure only through listed and approved crypto ETNs. The FCA said it would revisit that position after assessing how its forthcoming crypto regulatory framework and client-asset protection rules affect fund structures. UK crypto ETN market The recent proposal comes after a sequence of shifts in the regulatory market, with the FCA lifting its ban on retail investors accessing crypto ETNs in October 2025, a change that reopened a market that had been closed for four years. Financial institutions, including 21Shares, Bitwise, WisdomTree, and BlackRock , then listed physically backed Bitcoin and Ether products on the London Stock Exchange. In April 2026, British investors became allowed to hold crypto ETNs in Innovative Finance ISAs after the HMRC had previously blocked new acquisitions within conventional stocks-and-shares ISAs. The current proposal addresses what the FCA sees as a regulatory gap, as individual retail investors could already access crypto ETNs directly but the funds managing their money could not. Jon Allen, head of innovation and operations at the Investment Association, called the proposal “a practical step” that would let funds gain crypto exposure through regulated ETN products. This move from the UK FCA is on track with recent trends across Europe, where regulators in Germany, Switzerland, and the Netherlands have already allowed similar financial products for investment funds. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
8 Jun 2026, 17:19
MicroStrategy buys 1,550 BTC for $101 million at $65,332 each

🚨 MicroStrategy buys 1,550 BTC for $101 million at an average price of $65,332. 📉 The purchase came as $BTC briefly fell to its yearly low of $59,000. 🧐 The company now holds a total of 845,256 BTC despite $12 billion in paper losses. Continue Reading: MicroStrategy buys 1,550 BTC for $101 million at $65,332 each The post MicroStrategy buys 1,550 BTC for $101 million at $65,332 each appeared first on COINTURK NEWS .
8 Jun 2026, 17:17
Cardano Collapses 40% Monthly: 3 AIs Speculate Whether ADA Can Plummet to Zero This Year

The latest market crisis, which pushed Bitcoin (BTC) below $60,000, has had an even more severe effect on Cardano’s native token. ADA briefly plummeted below $0.15 and currently trades at roughly $0.16, representing a 40% crash on a monthly basis. Its poor performance was further impacted by Cardano’s founder, Charles Hoskinson, who said he’s “taking a break” and warned of an upcoming “wave of failures in the ecosystem.” His words sparked more panic across the community, and perhaps some expect an additional price decline in the near future. The worst-case scenario is for ADA to nosedive to $0, and we asked three of the most widely used AI-powered chatbots whether such a development is plausible. Extremely Unlikely Perplexity estimated that the chances of such a drop are very slim, adding that the more realistic risk is a sharp drawdown, not tumbling to literal $0. The chatbot highlighted that a collapse of that magnitude would require a “near-total failure of liquidity, listings, and market confidence approaching zero.” “Cardano remains a large, widely tracked asset with ongoing ecosystem development and active market coverage, which makes a complete wipeout very improbable,” it stated. ChatGPT issued a similar stance. OpenAI’s platform claimed that a meltdown to $0 would entail a combination of a catastrophic protocol failure or exploit, major exchanges delisting ADA, complete collapse of the ecosystem, and total abandonment by holders, developers, and validators. The chatbot estimated that the chance of that happening is less than 1%, implying a 45% probability that the asset’s price will trade between $0.10 and $0.20 in the remaining months of 2025. Virtually Impossible Google’s Gemini maintained that the possibility of ADA slipping to $0 this year is effectively nonexistent. It noted that the token has experienced a massive downfall lately, but said there is a difference between a coin losing value in a bear market and one dropping to absolute zero. “For an established, top-20 cryptocurrency to hit $0, the project would essentially have to cease to exist overnight. Cardano has a network of millions of active users and strong trading volume across exchanges worldwide. Short of that impossible scenario, its massive decentralized community and active staking create an indestructible floor,” it stated. The post Cardano Collapses 40% Monthly: 3 AIs Speculate Whether ADA Can Plummet to Zero This Year appeared first on CryptoPotato .
8 Jun 2026, 17:13
What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs

Zcash is a privacy-focused cryptocurrency that enables users to hide key details of transactions by leveraging zk-SNARKs.
8 Jun 2026, 17:10
Sui launches beta confidential transfers on Devnet, enabling private transactions with selective disclosure

BitcoinWorld Sui launches beta confidential transfers on Devnet, enabling private transactions with selective disclosure Layer 1 blockchain Sui (SUI) has introduced a beta version of its confidential transfer feature on Devnet, its developer testnet, the project announced on June 8. The feature aims to keep transaction amounts and balances private, while allowing limited access for regulatory compliance and auditability. How confidential transfers work on Sui The Sui team described the current state of most blockchains as akin to sending money with the amount written on the outside of an envelope for anyone to see. With the new confidential transfer feature, the amount inside the envelope remains hidden. The sender determines who can view the transaction details, enabling selective disclosure. This design attempts to balance privacy with the transparency often required by regulators and auditors. According to the announcement, the feature is currently in beta on Devnet, meaning it is not yet available on Sui’s mainnet. Developers and testers can experiment with the functionality and provide feedback before a potential broader rollout. Why privacy matters for blockchain adoption Privacy has been a persistent challenge for public blockchains, where transaction details are typically visible to all participants. While this transparency is a core feature for trust and verification, it can be a barrier for enterprises and individuals who need to protect sensitive financial information. Sui’s approach of selective disclosure could appeal to institutions that require both privacy and the ability to prove compliance to regulators. The move places Sui among a growing number of blockchain projects exploring confidential transactions, including those using zero-knowledge proofs and other cryptographic techniques. However, Sui’s implementation appears to focus on a permissioned disclosure model rather than full anonymity. Implications for the Sui ecosystem If the feature progresses to mainnet, it could enhance Sui’s utility for decentralized finance (DeFi) applications and enterprise use cases where transaction privacy is critical. The ability to selectively disclose transaction details may also help Sui navigate regulatory frameworks that require anti-money laundering (AML) and know-your-customer (KYC) compliance without sacrificing user privacy. However, the feature is still in early testing. Developers and users should exercise caution and understand that beta software on a testnet may contain bugs or limitations. The Sui team has not provided a timeline for mainnet deployment. Conclusion Sui’s confidential transfer beta on Devnet represents a step toward greater privacy on the network while maintaining regulatory compliance through selective disclosure. The feature addresses a key tension in blockchain design between transparency and confidentiality. Its eventual impact will depend on successful testing, community adoption, and the project’s ability to balance privacy with the transparency expectations of decentralized systems. FAQs Q1: What is Sui’s confidential transfer feature? It is a beta feature on Sui’s Devnet that hides transaction amounts and balances from public view, while allowing the sender to grant access to specific parties for compliance and auditing. Q2: When will confidential transfers be available on Sui mainnet? There is no confirmed timeline. The feature is currently in beta on Devnet for testing and feedback before any mainnet release. Q3: How is this different from other privacy-focused blockchains? Sui’s approach uses selective disclosure, where the sender controls who can see transaction details, rather than full anonymity. This is designed to balance privacy with regulatory requirements. This post Sui launches beta confidential transfers on Devnet, enabling private transactions with selective disclosure first appeared on BitcoinWorld .
8 Jun 2026, 17:10
'Call It Fortress XRP': Ripple Developers Push Nuclear-Grade Tech Into Native DeFi on XRP Ledger

Inside Vito Tumas's blueprint for XRPL and what the next-gen security upgrade means for XRP.













































