Coinbase&#8217;s expansion into 24/7 altcoin futures trading could significantly boost US market participation and reshape global crypto trading dynamics. The post Coinbase to launch 24/7 XRP and Solana futures trading on June 13 as derivatives trade heats up appeared first on Crypto Briefing.

Coinbase to launch 24/7 XRP and Solana futures trading on June 13 as derivatives trade heats up

Meta&#8217;s rejection of Bitcoin treasury assessment highlights a cautious approach 
to cryptocurrency, prioritizing traditional asset management.
The post Meta shareholders reject Bitcoin treasury assessment proposal, board 
directors call it &#8216;unnecessary&#8217; appeared first on Crypto Briefing.

Meta shareholders reject Bitcoin treasury assessment proposal, board directors call it ‘unnecessary’

Sharplink Gaming intends to use most of the proceeds from its proposed share 
sell-off to purchase Ether, according to a recent SEC filing.

Ethereum's ‘own Saylor’ SharpLink Gaming plans $1B ETH purchase

Ripple is urging the SEC to overhaul crypto oversight by launching real-world 
sandboxes that fast-track innovation, reveal regulatory gaps, and future-proof 
U.S. digital finance. Ripple Tells SEC Sandboxes Must Reflect Live Conditions 
to Guide Crypto Regulation Ripple submitted a proposal to the U.S. Securities 
and Exchange Commission (SEC) Crypto Task Force on May 28, 2025, […]

Ripple Urges SEC to Launch Real-World Crypto Sandboxes

Panama City’s mayor, Mayer Mizrachi, put forward an unusual plan at the 
Bitcoin 2025 conference in Las Vegas on May 29. He suggested that cargo ships 
could speed up their transit through the Panama Canal if they paid in Bitcoin. 
It was a brief comment, but it set off a flurry of questions about how it 
might work in practice. Related Reading: Tether’s 2-Year, $5 Billion 
Investment Blitz Fuels US Companies: CEO Bitcoin Payments For Priority Passage 
According to reports from the panel, Mizrachi spoke alongside El Salvador’s 
Bitcoin policy leaders, Max Keiser and Stacy Herbert. He said that ships could 
“cut the line” by paying tolls in Bitcoin. He offered the idea as a way to 
reward early adopters. It was presented in a casual tone, but it touched on a 
serious topic: how fast payments could tie into a long-standing shipping 
process. Ships Could Pay Panama Canal Transit Fees in Bitcoin The mayor of 
Panama City, Mayer Mizrachi, said he is exploring bitcoin payment options for 
ships passing Panama Canals. “What if you have a perk for paying in bitcoin?” 
Mizrachi mused. “You’d get to go faster.” 🤣🤣🤣 pic.twitter.com/zciROaSGjM — Ray 
(@ray4tesla) May 30, 2025 Questions Over Fees And Fairness Based on what was 
discussed, the Canal’s current rule is first-come, first-served. Changing that 
would need approval from the Panama Canal Authority and Panama’s national 
government. Shipping companies might push back if they feel smaller carriers 
are priced out. US President Donald Trump weighed in late last year, arguing 
that US ships faced “unfair tolls” and hinting at reclaiming the Canal in 
December 2024. That episode showed how sensitive Canal changes can be. 
Handling A $5 Billion Business According to the Panama Canal website, the 
waterway brought in around $5 billion in revenue between October 2023 and 
September 2024. Nearly 10,000 ships passed through, carrying about 423 million 
tons of goods. That’s about 5% of global maritime commerce. If Bitcoin 
payments were allowed, the Authority would need a plan to deal with price 
swings. One day’s checkout could be 50 BTC, the next it might jump to 60 BTC. 
Panama would likely need a quick exchange system to turn BTC into dollars or 
other stable currencies. Related Reading: $400K Bitcoin? Analyst Says It’s Not 
A Dream—It’s ‘Coded’ A Push For City-Level Crypto Mizrachi has also backed 
letting people pay city fees—taxes, fines and permits—in Bitcoin, Ether and 
USDC. He raised the idea of a Bitcoin reserve for Panama City, which produces 
over half of the nation’s GDP. He noted he wouldn’t need more laws to start 
one. But real steps will depend on lawmakers and officials at the national 
level. For now, it remains a mayoral proposal, rather than a binding plan. 
Mizrachi claimed over $5 billion in Bitcoin transactions happen in Panama 
every year, though much of it is “behind closed doors,” he said. Featured 
image from Pexels, chart from TradingView

Panama Canal Could Prioritize Bitcoin-Paying Ships, Mayor Suggests

A sweeping U.S. crackdown has exposed a massive crypto scam network based in 
the Philippines and linked to China, with Funnull fueling $200 million in fake 
investment fraud. Treasury Targets China-Backed Philippine Crypto Scam—FBI 
Wants Victim Info The U.S. Department of the Treasury took decisive action on 
May 29 by sanctioning Funnull Technology Inc., a […]