Kenya’s proposed 1.5% crypto tax risks undermining its fintech leadership, potentially driving startups and talent abroad and slowing Africa’s digital integration.

According to PANews, South Korea's ruling party has introduced legislation to permit the issuance of stablecoins. The proposed Digital Asset Basic Act would allow South Korean companies with capital exceeding $368,000 to issue stablecoins. This legislative move aims to regulate and facilitate the growth of digital assets within the country.

Odaily Planet Daily News According to BitMart's market report on June 10, the total market value of the cryptocurrency market is 3.44 trillion US dollars, up 4.24% from the previous day; BTC broke through the previous high of 110,000 US dollars, and ETH briefly broke through 2,750 US dollars and approached the 2,800 US dollar swing resistance level; If ETH successfully stands at 2,800 US dollars, the probability of testing the 2,300-2,400 range downward will be significantly reduced; The ETH/BTC exchange rate attempts to break through the 0.026 Vegas channel, which has important reference significance for the subsequent direction; For altcoins, such as PUNT and ETHFI, they have begun to get rid of the short-term downward trend, and signs of market sentiment recovery have begun to emerge; The Fear and Greed Index is temporarily reported at 64 today, which is higher than yesterday and is in the greed range; The comprehensive long-short ratio is 0.88, and short sentiment is dominant; Investors are advised to pay close attention to subsequent capital flows and sentiment changes.

According to BlockBeats, Senate Majority Leader John Thune has filed a motion to end debate on the GENIUS Act, with a vote scheduled for Wednesday. The motion, submitted on Monday, pertains to the foundational bill known as the Guiding and Establishing National Innovation in U.S. Stablecoins Act and its bipartisan amendments. Last month, lawmakers rejected the stablecoin bill with a vote of 66 in favor and 32 against, initiating the debate termination process. This procedural tool is used to limit debate and compel a vote.

According to Odaily, economist Nouriel Roubini, often referred to as 'Dr. Doom,' has recently adjusted his outlook on the U.S. economy, shifting from a recession forecast to a more optimistic view. He anticipates that new technologies, such as artificial intelligence and nuclear fusion energy, will drive a cycle of investment and productivity growth in the United States by 2030. Roubini predicts that the GDP growth rate could rise from the current 2% to 4%, and the U.S. stock market, including indices like the S&P 500, may experience high single-digit gains by 2025. Roubini attributes his positive economic outlook to the rapid release of AI effects and the approaching commercialization of nuclear fusion, combined with the market's enhanced ability to respond to policies from U.S. President Donald Trump. Despite remaining cautious about structural threats such as geopolitical conflicts and debt risks, he considers the overall risks to be 'manageable.' Roubini also emphasized his stance as a 'realist,' countering the perception of him as a perpetual pessimist, suggesting that the 'Dr. Doom' label is inaccurate.

Trump, BTC, market, Trump praised "not bad" and Bitcoin hit a new high again. Golden Finance, Bitcoin broke out of the "death cross" range, and the positive news continued to move forward.

Senate Majority Leader John Thune filed cloture on the GENIUS Act for a Wednesday vote, according to Bloomberg. source: https://www.theblock.co/post/357553/senate-stablecoin-bill-vote-this-week?utm_source=rss&utm_medium=rss

Odaily Planet Daily News According to Lookonchain monitoring, the crypto asset management institution Metalpha withdrew 18,000 ETH (worth approximately US$48.45 million) from Binance 2 hours ago.

Odaily Planet Daily News: Economist Nouriel Roubini, known as "Dr. Doom", said in an interview recently that he has lowered his expectations for a US recession and turned bullish. He expects that driven by new technologies such as artificial intelligence and nuclear fusion energy, the United States may usher in a round of investment and productivity boom cycle before 2030, with GDP growth expected to rise from the current 2% to 4%, and US stocks (such as the S&P 500) are also expected to maintain a high single-digit increase in 2025. He believes that the AI ​​effect is being released rapidly, the commercialization of nuclear fusion is approaching, and the market's increased ability to respond to Trump's policies has jointly supported his optimistic judgment on the economy. Although he is still wary of structural threats such as geopolitical conflicts and debt risks, he believes that the overall risk is "controllable." Roubini also emphasized that he has always been a "realist" and not blindly bearish, and the title of "Dr. Doom" is not accurate. (Business Insider)

Amazon made similar commitments in North Carolina, with $10 billion earmarked to expand its data center infrastructure in the US State. source: https://cointelegraph.com/news/amazon-invests-20b-pennsylvania-ai-data-centers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

JD Stablecoin has attracted much attention since it entered the public eye. It is currently in the second phase of sandbox testing, and scenarios such as cross-border payments are the core direction of the test.

Odaily Planet Daily News According to the official announcement, Upbit will launch AXL Korean Won and USDT trading pairs. Trading is expected to open at 16:00 local time on June 10.

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According to the official announcement, Upbit will launch the AXL Korean Won and USDT trading pair at 16:00 on June 10, using Ethereum as the network. (This newsletter is generated by AI)

What makes BTC and ETH so popular? What factors are affecting the current crypto market? How high will BTC and ETH rise next?

The Monetary Authority of Singapore (MAS) recently officially released the final regulatory response to the "Digital Token Service Provider" (DTSP) system under the Payment Services Act, and clearly announced that it will be fully implemented on June 30, 2025 without any buffer period.

The Trump administration plans to launch a shocking new policy - opening an investment account for each newborn, the government will provide $1,000 in "stock trading start-up funds", and parents can make additional investments.

Paraguay’s president’s X account was hacked, and a fake post falsely claimed the country had made Bitcoin legal tender. The government quickly denied the claim, launched an investigation, and is working with X to restore security.

The "Stablecoin Bill" of Hong Kong, China was passed by the Legislative Council of Hong Kong on May 21, 2025. It still needs to be signed by the Chief Executive and published in the Gazette before it can take effect. It is expected that the transition period arrangements will be completed within 2025, and the first batch of compliant stablecoins may be launched in early 2026.

From 2020 to 2024, Malaysia lost over $100 million in power due to unauthorised crypto mining. This illegal activity, combined with weak regulations, has hindered the country from benefiting fully from the crypto mining industry.