Crypto
Donald Trump forms cryptocurrency working group to reform US digit asset regulations, including banking services | Today News
U.S. President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile, making good on his promise to quickly overhaul U.S. crypto policy.
The much-anticipated action also ordered that banking services for crypto companies be protected, alluding to industry claims that U.S. regulators have directed lenders to cut crypto companies off from banking services – something regulators deny. The order also banned the creation of central bank digital currencies in the U.S. which could compete with existing cryptocurrencies.
On the campaign trail, Trump courted crypto cash by pledging to be a “crypto president” and promote the adoption of digital assets. That is in stark contrast to former President Joe Biden’s regulators which, in a bid to protect Americans from fraud and money laundering, cracked down on the industry, suing exchanges Coinbase, Binance and dozens more, alleging they were flouting U.S. laws. The companies deny the allegations.
Thursday’s order was cheered by the crypto industry, which had been pushing for the new administration to send a strong signal of support in Trump’s first few days in office.
“Today’s crypto executive order marks a sea change in U.S. digital asset policy,” said Nathan McCauley, CEO and co-founder of crypto company Anchorage Digital.
“By taking a whole-of-government approach to crypto, the Administration is making a significant first step toward writing clear, consistent rules of the road.”
If implemented by the relevant regulators, Trump’s order has the potential to push cryptocurrencies into the mainstream, regulatory and crypto experts said. It follows Tuesday’s U.S. Securities and Exchange Commission announcement that it was creating a taskforce to overhaul crypto policy.
Bitcoin hit a fresh record high of $109,071 on Monday amid investor excitement over the new crypto-friendly administration, although it was down to about $103,000 as of late Thursday afternoon.
“Just days into his administration, President Trump is delivering on his promises… to keep the United States a leader in digital assets innovation,” Senator Tim Scott, the Republican chair of the Senate Banking Committee, said in a statement.
The industry has for years argued existing U.S. regulations are inappropriate for cryptocurrencies and have called for Congress and regulators to write new ones clarifying when a crypto token is a security, commodity or falls into another category.
The working group, which will include the Treasury secretary, chairs of the SEC and Commodity Futures Trading Commission, along with other agency heads, is tasked with developing a regulatory framework for digital assets, according to the order. That includes stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar.
The group is also set to “evaluate the potential creation and maintenance of a national digital asset stockpile… potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.”
The order did not provide further details on how such a stockpile would be set up and analysts and legal experts are divided on whether an act of Congress will be necessary. Some have argued the reserve could be created via the U.S. Treasury’s Exchange Stabilization Fund, which can be used to purchase or sell foreign currencies, and to also hold bitcoin.
In December, Trump named venture capitalist and former PayPal executive David Sacks as the crypto and artificial intelligence czar. He will chair the group, the order said.
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Crypto
Cryptocurrency News: Pepeto Nears Exchange Listing while the Cardano Price Prediction Could Flip After Hoskinson’s June Move
DUBAI, United Arab Emirates, June 20, 2026 (GLOBE NEWSWIRE) —
Pepeto moved into final preparation ahead of a major exchange listing, and the presale became the fastest closing raise of 2026 as rounds close inside days, because $10.29 million is raised, 170% APY staking runs live, three products are in production, and wallets are pouring in at a pace that tells the reader the sharpest capital has already locked the entry before the listing pulls the price out of reach forever.
The reason that capital is flowing this fast becomes clear the moment you check what the large caps are doing right now, since ADA is trading near six-year lows around $0.17 despite the highest stakes catalyst window in Cardano history, and every holder watching that gap should understand why the cardano price prediction and Pepeto keep landing together inside the same cryptocurrency news cycle this June.
Pepeto Exchange Listing Approaches While the Cardano Price Prediction Hangs on the June Rescue Plan
Cardano just walked into the highest stakes quarter in its history because ADA dropped below $0.20 in over five years following Charles Hoskinson’s June 3 break announcement per Yahoo Finance, and the bleeding only stopped on June 18 when ADA touched a $0.148 six-year low while Hoskinson rolled out a 10% protocol revenue buyback plan per CoinDesk.
While the Ouroboros Leios testnet is set to launch on June 23 per CoinMarketCap and Grayscale’s ADA ETF window opens August 9, with the bull cardano price prediction stretching $0.30 to $0.37 and the bear path back toward $0.148.
But the data that actually matters is what failed to follow the catalysts, since ADA stays trapped near six-year lows while daily trading volume has collapsed from $6.3 billion to $500 million and total value locked across Cardano DeFi has dropped 85% from $905 million to $139 million, with capital now flowing toward projects shipping live products rather than those grinding through roadmap delays, because even if the full cardano price prediction plays out a 2x from $0.17 toward $0.37 cannot reshape any portfolio.
That is the reason holders chasing the heaviest upside are pairing their ADA position with the presale carrying the biggest math behind it, since Pepeto walking toward its exchange listing is pulling the heaviest capital in the market right now and keeps showing up next to ADA across every fresh round of cryptocurrency news.
Why Pepeto Is Catching the Attention Cardano Spent Seven Years Trying to Build
The June 2026 data leaves ADA stuck in a sideways range while Pepeto keeps drawing serious money for reasons that run beyond community energy alone, because PepetoSwap runs as a zero-fee exchange across Ethereum, BNB Chain, and Solana with AI scanning every token for risk patterns.
Holders get zero gas bridging and contract checks that lock dangerous tokens out, a former Binance developer built the engine, and the Pepe ecosystem cofounder who grew a token past $7 billion now leads the team.
The Pepe comparison keeps drawing the heaviest wallets to this presale because Pepe coin lifted early holders into millionaire territory without shipping a single product and grew to roughly $11 billion in market cap while the creator of that same token now leads Pepeto.
Since everything that lifted Pepe higher is in place alongside live trading tools, and a $5,000 entry into Pepe grew into $750,000 at the peak, leaving Pepeto as the second chance at that entry while the cardano price prediction sits stuck under a slow recovery path.
Conclusion
The cardano price prediction and the upcoming Leios testnet both point toward a slow recovery and keeping ADA for stability is reasonable, but every cycle runs the same script because life-changing wealth never came from holding a large cap once the bottom held but from finding the right presale before anyone heard the name, and every signal in this cryptocurrency news cycle now leads to Pepeto as the single play of 2026.
The token remains in presale, and history proves entries placed before a token reaches an exchange carry the kind of returns holders chase for years, but presale windows are short and a simple decision to wait is how millions missed every cycle-defining entry and spent years hoping something this rare would appear again.
So once Pepeto hits a major exchange the entry closes the way Pepe coin pricing closed inside hours when the earliest wallets walked away with the returns the market still talks about today.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the Cardano price prediction for 2026?
The cardano price prediction for 2026 targets $0.30 to $0.37 in the bull case per CoinDesk after Hoskinson’s June rescue plan, with $0.148 marking the six-year low.
Is Pepeto a stronger entry than Cardano right now?
Pepeto is a stronger entry than Cardano today because the presale opens access to a live exchange with a major listing approaching, while ADA at $0.17 offers limited multiplier room.
Crypto
Iran Moves to Close the Strait of Hormuz as Tensions Erupt Over Broken Ceasefire Deal
Key Takeaways
- Iran threatened to close the Strait of Hormuz, risking renewed oil market stability after an IDF blitz.
- CENTCOM countered on June 20, reporting 55 ships moved 17M barrels to stabilize oil prices.
- Oil dropped to $77, and Bitcoin topped $66K after the ceasefire, but a Strait closure would hit risk assets.
Iran Announced Closure of the Strait of Hormuz After Lebanon Strikes
The Iranian regime is taking action against what it qualifies as a breach of the previously signed memorandum of understanding to end the current conflict in the Middle East.
Local reports indicate that Iran’s Khatam al-Anbiya Central Headquarters, the operational headquarters of the Iranian military, announced that it would close the Strait of Hormuz, a strategic passage for 20% of the world’s oil, as a retaliatory measure after the U.S. failed to comply with the first clause of the memorandum of understanding (MoU) signed by President Donald Trump and Iranian President Masoud Pezeshkian.
The first clause of the document stresses that “the United States of America and the Islamic Republic of Iran and their allies in the current war, by signing this MOU, declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other.”
The measure comes as the Israel Defense Forces (IDF) launches a massive air strike campaign against objectives in Lebanon, hitting at least 80 targets allegedly linked to Hezbollah, and killing dozens of its members. Nonetheless, Lebanese authorities claim that over 47 people were killed and 97 people were wounded during these strikes.
U.S. Central Command (CENTCOM) issued a statement contradicting the Iranian regime, stressing that commercial ship traffic “increased June 20 as U.S. forces continued operating in the general area to support freedom of navigation.” “Safe passage through the international waterway remained intact today as 55 merchant ships transited, moving large amounts of cargo and more than 17 million barrels of oil to global markets,” it stressed.
A new closure of the Strait would result in a general rise in prices of the West Texas Intermediate (WTI) and Brent oil benchmarks, which have fallen to $77 and $80, respectively, in response to actions taken to end the U.S.-Israel-Iran conflict.
The action could negatively affect crypto markets, as Bitcoin climbed above $66K immediately after the announcement of a framework to end the war, with market actors jumping to risk assets.
Crypto
Ireland Targets Crypto Assets in New Strategy to Disrupt Illicit Cash Flows
Key Takeaways
- On Thursday, Ireland’s Finance Minister, Simon Harris, launched a 30-point action plan to combat Irish money laundering and fraud.
- Crypto-assets and global financial networks face tougher regulations to halt digital illicit cash flows.
- An Garda Síochána and the Central Bank will continuously update enforcement policies through 2026.
Targeting Digital Assets and Crypto Loopholes
Ireland announced a sweeping crackdown on financial crime on June 18, unveiling a national strategy that places a major emphasis on targeting the misuse of cryptocurrency and digital finance by increasingly sophisticated criminal networks.
The new initiative, which includes a National Risk Assessment and a 30-point action plan, was launched by Tánaiste and Minister for Finance Simon Harris and Minister for Justice Jim O’Callaghan. Officials said the package is specifically engineered to close loopholes created by emerging technologies, with crypto-assets identified as a primary front in the country’s defense against illicit cash flows.
Under the new plan, Ireland will implement enhanced safeguards around crypto-assets to prevent their use in money laundering, fraud, and terrorist financing. The government plans to enforce tougher oversight on digital finance platforms alongside increased transparency around corporate ownership.
“Criminals are becoming increasingly sophisticated, exploiting technology, operating across borders and adapting rapidly to change,” Harris said during the announcement. “Government cannot stand still in the face of these threats.”
Harris emphasized that tech-driven financial crimes carry severe human costs. “Financial crime is not a victimless crime,” he said. “Behind every fraud, scam and money laundering operation, there are real victims — older people losing their savings, families being defrauded and communities harmed by criminal activity.”
The risk assessment warns that Ireland’s global financial networks are facing evolving threats. In addition to stricter cryptocurrency regulations, the 30-point plan introduces tougher anti-money laundering measures within the gambling sector, boosts intelligence sharing between state agencies, and mandates closer coordination among financial crime, tax, and customs investigators.
O’Callaghan said the roadmap provides a practical blueprint to keep Ireland’s regulatory and enforcement responses agile enough to match the pace of technological change.
“This National Risk Assessment provides a comprehensive picture of the threats we face and the actions required to address them,” O’Callaghan said, noting that the strategy will unify efforts across regulators, industry, and law enforcement.
Enforcement of the new policies will involve joint operations between government ministries, the Central Bank, Ireland’s tax authority, and An Garda Síochána, the national police force. Officials noted that the regulatory framework for digital assets will be continually updated to ensure Ireland remains a secure jurisdiction for international business.
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