Victory Capital Management — a United States investment giant with $157.1 billion in assets under management as of the end of April — announced multiple new cryptocurrency index funds for accredited investors.

https://www.benzinga.com/markets/cryptocurrency/21/06/21506048/us-giant-victory-capital-launches-crypto-funds-in-nasdaq-partnership

Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We haven't figured out in the country or in the world how to trace cryptocurrency,” one senator said, adding that “We've got to do a better job here.” Senators Urge Lawmakers […]

https://news.bitcoin.com/us-senators-increased-measures-regulate-trace-cryptocurrencies/

US Senators targeted cryptocurrencies after the new wave of ransomware attacks as they urged more regulation as we can see more in our latest cryptocurrency news today. The two US senators targeted crypto after the recent ransomware attacks that we witnessed on JBS and Colonial Pipeline.

https://www.dcforecasts.com/regulation/us-senators-targeted-crypto-after-wave-of-ransomware-attacks/

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's cryptic reference to bodily fluids has sent cryptocurrencies with “Cum” in their name soaring.

https://www.benzinga.com/markets/cryptocurrency/21/06/21423565/elon-musks-cryptic-tweets-lead-to-explosion-in-cum-themed-cryptocurrencies

India's central bank still considers cryptocurrencies as highly risky assets, despite the recent positive clarifications.

https://cryptopotato.com/rbi-has-conveyed-its-cryptocurrency-concerns-to-the-government-says-governor/

China's southern Hainan province is the latest to warn investors against crypto-based fundraising schemes.

https://cointelegraph.com/news/southern-china-warns-investors-against-illegal-token-platforms

Crypto trader and analyst Lark Davis is spotlighting five altcoins that he believes have the potential to moon this month. The first crypto asset on his list is the layer-2 Ethereum-scaling solution, Polygon (MATIC), which has survived the latest market correction fairly well in comparison to other assets. “Holy cow polygon has just been roaring […] The post These 5 Altcoins Will Likely See Big Gains in June, According to Trader Lark Davis appeared first on The Daily Hodl.

https://dailyhodl.com/2021/06/02/these-5-altcoins-will-likely-see-big-gains-in-june-according-to-trader-lark-davis/

The chief financial regulatory body of the United Kingdom, FCA, revealed that the majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority would only offer operating licenses to those […]

https://coinnounce.com/crypto-firms-fail-to-comply-with-the-new-aml-guidelines-fca-extends-the-deadline/

More than a quarter of financial advisers intend to recommend crypto investments over the next year.

https://cointelegraph.com/news/big-rise-in-financial-advisers-adding-crypto-assets-to-client-portfolios

China's capital Beijing will launch a lottery in June giving out free online wallets containing 200 digital yuan ($31.34) to winners, in another trial for the central bank's eCNY, according to a notice on the city's government website.

https://www.reuters.com/business/finance/chinese-central-banks-digital-yuan-given-trial-by-lottery-2021-06-02/

The city of Miami is planning to host the largest crypto conference to date this week. The event “Bitcoin 2021” seeks to celebrate the blockchain and explore technical improvements, all while giving people a chance to use BTC in real-life applications. The conference will take place at the Mana Convention Center in Miami's Wynwood neighbourhood, […] The post Miami set to host the largest cryptocurrency conference in history appeared first on Invezz.

https://invezz.com/news/2021/06/01/miami-set-to-host-the-largest-cryptocurrency-conference-in-history/

The announcement comes just a few months after DBS launched its crypto exchange.

https://decrypt.co/72403/dbs-tokenized-bond

China's recent crackdown on crypto miners and traders has forced local crypto firms to withdraw their operations partially. In the latest development, Chinese journalist Wu Blockchain reports that owning to the regulatory changes, BitMart has decided to suspend contract trading services for all its users.

https://coingape.com/chinese-crypto-exchanges-suspended-contract-trading-traders-flock-to-otc-desks/

Leading banks such as Barclays have all blocked their customers from transferring funds to cryptocurrency exchanges. Online challengers like Monzo and Starling have joined them The post British Banks Crack Down on Crypto Transfers Amid Financial Crime Fears appeared first on BeInCrypto.

https://beincrypto.com/british-banks-crack-down-on-crypto-transfers-amid-financial-crime-fears/

Jose Fernandez da Ponte, a PayPal executive, announced at the Consensus 2021 conference that the company was actively working on the development of a cryptocurrency withdrawal feature. The General Manager for PayPal's Blockchain, Crypto, and Digital Currencies division referred to the future feature by stating: “We want to make it as open as possible, and [.

https://blockonomi.com/paypal-coin-withdrawals/