JD.com plans to apply for stablecoin licenses in major countries, aiming to slash cross-border payment costs by 90% and settle in 10 seconds.

China’s JD.com enters stablecoin race as US passes GENIUS Act

Spark token continued its freefall on Wednesday, June 18, a day after 
launching its highly anticipated airdrop. Spark (SPK) plunged to a low of 
$0.0470, down 30% from its highest point a day earlier. The decline came as 
its 24-hour…

Spark crypto price crashes despite key metric hitting a record high

Geopolitical tensions are weighing on crypto markets, and there are risks of 
further declines.

Why are Bitcoin and crypto prices down today?

Data from Kaiko Research reveals that South Korea’s won ranks as the second 
most heavily used fiat currency in crypto trading, just behind the U.S. 
dollar. Since the beginning of 2025, KRW-denominated trades have clocked in at 
a staggering $663 billion. South Korea Flexes Crypto Muscle—Only the U.S. 
Dollar Does More Volume South Korea remains […]

South Korea’s Won Storms Crypto in 2025 With $663B in Trades—Second Only to the Greenback

Since late 2024, BBVA’s private‑banking arm in Switzerland has been quietly 
advising clients to add Bitcoin and Ether to their holdings. According to 
Philippe Meyer, who leads digital and blockchain solutions at BBVA 
Switzerland, wealthy customers should allocate between 3% and 7% of their 
portfolios to crypto. Based on reports, this advice aims to boost returns 
without exposing investors to outsized risk. Related Reading: Tether Enforces 
Freeze On $12 Million In Tron Funds Over Illicit Activity Early Adoption 
Timeline BBVA began executing crypto trades in 2021 for a handful of clients. 
By September 2024, Meyer says the bank had started formally recommending a 3% 
Bitcoin stake in balanced portfolios. Now, risk‑tolerant clients can move up 
to 7% into digital assets, reflecting BBVA’s growing confidence in crypto as a 
mainstream option. Philippe Meyer recently delivered a presentation at a 
blockchain conference in Lugano, Switzerland. Source: BBVA Switzerland. Client 
Reaction And Risk Views Many clients have responded well so far. Meyer notes 
that even a small 3% allocation “already boosts the performance” of a 
diversified portfolio and “you are not taking a huge risk” at that level. 
Short‑term swings still occur—crypto markets can drop 20% in a week—but 
private clients seem ready to ride those waves in pursuit of higher gains. 
According to Reuters, BBVA, Spain’s second-largest bank, has been advising its 
private banking clients since September 2024 to allocate 3% to 7% of their 
portfolios to cryptocurrencies based on their risk appetite. The guidance 
currently applies to Bitcoin and Ether, with plans… — Wu Blockchain 
(@WuBlockchain) June 17, 2025 Regulatory And Market Context Europe’s Markets 
in Crypto‑Assets regulation (MiCA) took full effect at the end of December 
2024. This rulebook governs token issuers and service providers across the EU. 
Yet the European Securities and Markets Authority reports that 95% of EU banks 
avoid crypto activities entirely. BBVA stands out: in March 2025, Spain’s 
securities regulator gave it formal approval to offer Bitcoin and Ether 
trading in the country. Related Reading: Record‑High Ethereum Open Interest 
Signals Institutional Confidence Next Steps For App And Investors BBVA plans 
to roll out buy, sell, and portfolio management features inside its existing 
mobile app over the coming months. The launch will begin with select clients 
before expanding more broadly. As rival banks like Santander explore their own 
stablecoins—pegged to dollars and euros—BBVA’s move could spur a wave of 
mainstream crypto services. For now, only high‑net‑worth clients hear this 
crypto advice. But if allocations deliver solid returns and BBVA weathers any 
market crashes, other banks may follow. That would give more investors the 
chance to include crypto alongside stocks, bonds, and real estate. The real 
test will come if Bitcoin or Ether plunge sharply. If BBVA’s cautious plan 
holds up under stress, it may reshape how mainstream finance treats digital 
assets. Featured image from ESG News, chart from TradingView

Crypto Gets A Green Light From Spanish Banking Giant

After days of rumors around the identity of the mysterious ‘JPMD’ token filed 
by JPMorgan, widely supposed to be a stablecoin, the truth has finally 
emerged. JPMD isn’t a stablecoin after all – it’s a deposit token on the Base 
blockchain (Coinbase’s own blockchain). With JPMD, institutions have a round- 
the-clock method of making deposits, incorporating established banking systems 
with blockchain technology. It’s one more step along the path towards crypto 
as a normal part of everyday life, alongside core crypto projects like Best 
Wallet token. Time to learn more about why JPMorgan thinks deposit tokens are 
part of the future of crypto. Not a Surprise After All: JPMorgan Champions 
Deposit Tokens Perhaps everyone should have guessed what JPMD was. After all, 
one of the largest banks in the US is hardly likely to do anything without a 
lot of research and preparation. And in this case, JPMorgan has been 
championing blockchain-powered deposit tokens since at least 2022. That was 
when the company published an extensive report on the utility and function of 
proposed deposit tokens. Calling them ‘a foundation for stable digital money,’ 
JPMorgan outlined a number of core advantages a deposit token could offer to 
traditional banks: ✔️ Digital form of commercial bank money – deposit token 
fills the role of existing deposit claims ✔️ Blockchain-native programmability 
– with deposit tokens, banks can access smart contracts, an atomic settlement 
option, and automated processing ✔️ Payment efficiency and cost reduction – 
on-chain deposit tokens provide real-time transfers; no more waiting for 
deposits to settle after-hours ✔️ Seamless integration with banking – 
established use cases, existing support networks, and even clear legal status; 
there’s little to prevent immediate use of deposit tokens within the current 
banking infrastructure That last point is critical. Even while stablecoins 
draw increased attention, deposit tokens like JPMD hold one clear advantage: 
they fit neatly into existing rules and regulations. Trademark Filed, JPMorgan 
Builds Base for Crypto-Finance Integration JPMorgan filed the trademark 
application on June 15, 2025. As it turns out, the deposit token will be built 
on the Base blockchain and will leverage that chain to provide round-the-clock 
crypto access for its clients (Coinbase is one). If JPMD takes off – and it 
should, since JPMorgan has a market cap of roughly $738B – it could be the 
next step in the growing conjunction between crypto and finance. Institutions 
have led crypto adoption in recent months, but there are growing signs that 
retail adoption won’t be far behind. Success in a fully integrated crypto- 
financial world will rest partly on the power of your crypto wallet. Best 
Wallet app is a leading non-custodial crypto wallet, and now the Best Wallet 
Token launch takes the wallet to the next level. Best Wallet Token ($BEST) – 
Upgrade Your Crypto Wallet to be Future-Proof Best Wallet token ($BEST) takes 
the power of the Best Wallet app up a notch. $BEST token holders gain: ✅ 
Exclusive crypto presale access ✅ Reduced trading fees ✅ Increased staking 
rewards ✅ Governance rights and participation Best Wallet is the only crypto 
presale wallet, offering an Upcoming Tokens feature where you can research and 
invest in the best crypto presales. It’s all part of a growing crypto 
ecosystem where Best Wallet, Best Wallet Token, and the upcoming Best Card 
work together to equip you to navigate a brave new crypto world. That gives 
$BEST unique utility, even among other crypto presales. Currently, tokens cost 
$0.025195, and early investors can stake them for a 104% variable APY. Our 
price prediction sees the token price potentially reaching $0.035215 by the 
end of the year, delivering 40% returns to anyone who buys in now. Learn how 
to buy Best Wallet token, and don’t forget to visit the Best Wallet Token 
presale page today. JPMorgan, Best Wallet Show Path Forward for Crypto 
Together, the launch of both $BEST and $JPMD highlights the way forward for 
crypto. Traditional finance and crypto are no longer separate things – they’re 
two sides of the same coin, and crypto wallets connect them. Before purchasing 
$BEST, do your own research. This isn’t financial advice.