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Weekly Article Recap: 6/16-6/20

This week in crypto: U.S. stablecoin bill passes, Philippines targets tax evasion, XRPL embraces DAOs, and Floki ramps up Valhalla ads.
BSCN
June 21, 2025
The Stories that You Can’t Afford to Miss This Week
As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed
about the latest developments and trends. Our weekly recap provides a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings.
GENIUS Act Passes in the US Senate in First-Ever Stablecoin Regulation Vote

The U.S. Senate has passed the GENIUS Act — the first federal framework for regulating stablecoins — in a 68-30 vote. The bill sets national standards for reserve backing, audits, and anti-money laundering compliance. It now heads to the House, marking a major shift in how Washington approaches crypto regulation.
Details in the article.
Fourmeme Reinvents Meme Token Launches with Build Mode on BNB Chain

Fourmeme, a memecoin launchpad on BNB Chain, has introduced Build Mode—a feature designed to make token launches more structured and transparent. The system uses bonding curves, overflow queues, and instant liquidity to reduce speculation and improve capital raising. The first Build Mode event started with UpTop’s 72-hour token generation event on June 20.
Read the full story.
Ripple’s XRPL Welcomes XAO DAO as It Moves Toward Full Decentralization

The XRP Ledger is set to launch XAO DAO, its first decentralized autonomous organization, marking a move toward community-led governance. Co-founded by Fabio Marzella and Santiago Velez, the DAO will allow XRP holders to propose, vote, and fund projects—without introducing a new token. All governance will run on XRP, with voting eligibility determined by a snapshot of holdings. The shift addresses long-standing centralization concerns and signals a new phase for XRPL’s 13-year-old ecosystem.
Learn more about the XAO DAO.
Philippines Moves to Tackle Crypto Tax Evasion With New Rules

The Philippines plans to implement the Crypto-Asset Reporting Framework (CARF) by 2028 to curb cross-border tax evasion and illicit financial flows. Finance Secretary Ralph Recto confirmed the move, with the Department of Finance formalizing the commitment at the 8th Asia Initiative Meeting. The initiative aims to boost transparency and international tax cooperation in digital asset transactions.
Get details on the Philippines CARF.
Floki’s Valhalla Fires Up 4-Week Programmatic Display Push Across Target Markets

Floki is rolling out a 4-week programmatic display ad campaign from June 20 to July 17 as part of Valhalla’s global mainnet push. The campaign targets gamers and crypto users through automated ad placements on high-traffic websites. It follows recent YouTube, Reddit, and Twitch efforts, marking one of crypto gaming’s biggest marketing drives in 2025.
Learn about FLOKI’s latest campaign in the article.
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