Illinois Approves a 0.2% Tax on Every Crypto Trade, With Felony Penalties

Stablecoin Rules Turn Issuers Into Pseudo-Banks, Squeezing Small Players

Three US agencies have published GENIUS Act rules forcing stablecoin issuers into bank-grade supervision. The cost favors big issuers and points to consolidation by 2027. Read the full article: https://www.spendnode.io/blog/stablecoin-rules-bank-supervision-small-issuers-june-2026/

Ethereum's Biggest Sandwich Bot Drained of $7.5M in an Ironic Exploit

Jaredfromsubway.eth, the bot behind most of Ethereum's sandwich attacks, lost $7.5M after an attacker baited its own MEV logic with fake liquidity pools. Read the full article: https://www.spendnode.io/blog/ethereum-sandwich-bot-jaredfromsubway-drained-7-5m-june-2026/

South Korea Crypto Tax Repeal Petition Crosses 58,000 Signatures

A National Assembly petition to scrap South Korea's crypto gains tax has passed 58,000 signatures, clearing the 50,000 threshold that forces a committee review. Read the full article: https://www.spendnode.io/blog/south-korea-crypto-tax-repeal-petition-50000-signatures-june-2026/

Japan Corporate Pension Fund to Allocate 1% to Crypto in FY2026

A Japanese corporate pension fund covering 1,200 SMEs will put about 1% of its 21.3 billion yen into a passive multi-crypto fund from fiscal 2026 to hedge currency risk. Read the full article: https://www.spendnode.io/blog/japan-corporate-pension-fund-crypto-allocation-june-2026/

Bitcoin ETFs Shed a Record $6.35B in 30 Days as Selloff Deepens

US spot Bitcoin ETFs logged their biggest 30-day net outflow since launch, $6.35B, as BTC trades near $64,500 and the Fear & Greed index sits at 23. Read the full article: https://www.spendnode.io/blog/bitcoin-etfs-record-6-4b-30-day-outflow-june-2026/