Monevium Enters FCA Special Administration With No FSCS Cover

Monevium Enters FCA Special Administration With No FSCS Cover

Monevium Ltd entered special administration on 18 June 2026. Payment firms sit outside the FSCS, so customers rely on safeguarding alone to recover funds. Read the full article: https://www.spendnode.io/blog/monevium-special-administration-fca-emoney-june-2026/

South Korea Pushes FATF to Apply the Travel Rule to Small Transfers

South Korea's FIU has called on FATF to extend the crypto Travel Rule to smaller transfers, lowering the de minimis reporting floor for VASPs worldwide. Read the full article: https://www.spendnode.io/blog/south-korea-fiu-fatf-travel-rule-smaller-transfers-june-2026/

Trump Orders a US Push for a Powerful Quantum Computer by 2028

Trump signed executive orders directing a national quantum computing effort targeting 2028. Here is what the timeline means for crypto wallet and card security. Read the full article: https://www.spendnode.io/blog/trump-quantum-computer-order-2028-crypto-security-june-2026/

Ethereum Proposal Would Redirect Up to 10% of Validator Rewards

A new Ethereum proposal would let validators redirect up to 10% of staking rewards to ecosystem funding, an estimated $120M-plus a year. Critics call it a tax. Read the full article: https://www.spendnode.io/blog/ethereum-validator-redirected-revenue-10-percent-staking-june-2026/

Bitcoin OTC Desk Balances Hit Record Lows After a 400,000 BTC Drain

Bitcoin OTC desk balances have fallen to record lows, with about 400,000 BTC drained since 2022, even as spot prices slide and ETF outflows extend. Read the full article: https://www.spendnode.io/blog/bitcoin-otc-desk-balances-record-low-400k-drain-june-2026/