HomeBitcoinUTB Weekly News Roundup (JUN 30th

UTB Weekly News Roundup (JUN 30th

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Stay in the loop with our weekly crypto digest as we get you up to speed on the hottest trends and events in the crypto space.

Here’s what happened in crypto this week:

Robinhood EU Set to Launch Tokenized Stocks, Including Private Equity Like $OPAI

Robinhood announced plans to introduce tokenized stocks, a new Layer 2 blockchain, and expand its crypto offerings in the EU and U.S., according to a July 2025 newsroom release.

The new stock tokens will allow users to trade shares of public and private companies, including firms like $OPAI, 24/7 with low fees. These tokens will be rolled out through Robinhood’s EU arm.

As part of its expansion, Robinhood is developing Robinhood Chain using Polygon CDK. This move supports its broader goal of integrating crypto and stock trading globally. 

Kazakhstan to Build Crypto Reserve From Seized and Mined Assets

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Kazakhstan plans to create a national cryptocurrency reserve using coins mined by the state and crypto assets seized from criminal cases. This initiative aims to strengthen the country’s financial security and digital infrastructure.

The reserve will be developed under the supervision of the Ministry of Digital Development. It forms part of a broader national effort to modernize financial systems using blockchain technology.

Alongside the reserve, Kazakhstan is also launching a pilot program to regulate cryptocurrency exchanges. This reflects the government’s increasing interest in integrating crypto into national development plans.

Supreme Court Declines Coinbase Appeal Over IRS User Data Request

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The U.S. Supreme Court has declined to hear Coinbase’s challenge against an IRS summons seeking user transaction data, allowing a lower court’s ruling to stand.

The case involved a request for information on a single user, but Coinbase warned it could set a precedent for broader government access to crypto user data.

The decision highlights growing regulatory scrutiny of crypto platforms in the U.S., especially as agencies seek more oversight of digital asset activity.

REX-OSPREY Solana ETF With Staking to Debut Wednesday, Says CEO

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REX Shares and Osprey Funds are launching a new Solana ETF with staking, marking the first U.S.-listed crypto ETF to offer staking rewards to investors.

The ETF will trade under the ticker STAK and aims to combine Solana exposure with income through blockchain-powered staking. It’s part of a broader wave of crypto ETFs hitting the market this summer.

This launch signals growing investor appetite for yield-generating digital assets and highlights Solana’s rising status in the crypto investment space.

Germany’s Sparkassen Group to Offer Crypto Trading, Report Says

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Germany’s largest banking group, Sparkassen, is reportedly preparing to offer cryptocurrency trading services, marking a major shift in traditional finance’s approach to digital assets.

The service will reportedly allow Sparkassen clients to buy and sell crypto directly through their bank accounts, making access easier for millions of users.

This move highlights growing demand for regulated crypto products in Europe and reflects traditional banks’ increasing efforts to integrate digital assets into mainstream finance.

Circle Seeks U.S. National Trust Bank License, Reuters Reports

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Circle has applied for a U.S. national trust bank license, Reuters reports, following its recent IPO that valued the firm at nearly $18 billion. The new entity would operate under federal oversight.

The bank would not take deposits or issue loans but would instead focus on safeguarding USDC reserves and providing digital asset services to institutions.

If approved, Circle would join a small group of crypto firms with federal trust charters, signaling deeper integration between crypto and traditional finance.

Deutsche Bank Plans to Launch Crypto Custody Service by 2026

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Deutsche Bank plans to launch a crypto custody service in 2026, according to Bloomberg, as part of its broader push into digital assets. The service will be offered through its corporate bank division.

The move aligns with the bank’s efforts to support tokenized assets and meet rising institutional demand for secure digital asset storage.

This step places Deutsche Bank among a growing list of major financial institutions entering the crypto custody space to bridge traditional finance and blockchain.

SEC Considers Standardized Rules for Token-Based ETF Listings

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The SEC is reportedly considering a standardized framework to streamline approvals for token-based ETFs. The move could accelerate filings like Solana and Ethereum ETFs that include staking features.

The proposed process may allow responses within 30 days, signaling a shift toward faster crypto ETF approvals.

If adopted, it could open the door for more token-based ETFs beyond Bitcoin and Ethereum.

Final Thoughts

So that’s it for this week!

To stay ahead of the game with the freshest crypto news and insights delivered straight to your inbox, consider subscribing to UseTheBitcoin’s newsletter today.

Have a fantastic week ahead!





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