Uphold Sunsets Its UpHODL Self-Custody App, Card Accounts Unaffected

Sam Bankman-Fried Loses His Appeal to Overturn the FTX Conviction

A US appeals court has rejected Sam Bankman-Fried's bid to overturn his fraud conviction and 25-year sentence, leaving the FTX verdict intact as of June 12, 2026. Read the full article: https://www.spendnode.io/blog/sbf-loses-appeal-fraud-conviction-25-year-sentence-june-2026/

Circle Sends a Record $4B in USDC to Coinbase on HyperEVM

Circle moved $4B in USDC to Coinbase on HyperEVM, the largest single USDC transfer on record per Arkham. Here is what the flow signals for stablecoin liquidity. Read the full article: https://www.spendnode.io/blog/circle-4b-usdc-coinbase-hyperevm-largest-ever-june-2026/

Poland's President Vetoes the Crypto Market Bill a Third Time, Weeks From the EU Deadline

Poland's president has vetoed the country's MiCA implementation bill for a third time, leaving Poland the EU's only member without a domestic crypto licensing path with the July 1 deadline near. Read the full article: https://www.spendnode.io/blog/poland-president-third-veto-mica-crypto-bill-july-deadline-june-2026/

SEC Moves to Scrap a 20-Year-Old Rule That Blocks AMMs From Tokenized Stocks

The SEC has proposed scrapping its 20-year-old order protection rule, a change that would remove a structural barrier keeping AMMs out of tokenized US securities. Read the full article: https://www.spendnode.io/blog/sec-proposes-scrapping-order-protection-rule-tokenized-securities-amm-june-2026/

Japan's 20% Flat Crypto Tax Bill Clears the Lower House

Japan's Lower House passed a crypto tax bill that would cut gains to a 20% flat rate from 2028 and open the door to Tokyo Stock Exchange crypto ETFs by 2027. Read the full article: https://www.spendnode.io/blog/japan-crypto-tax-bill-clears-lower-house-20-percent-june-2026/