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The UK Financial Conduct Authority has issued a warning to football clubs about sponsorship deals with unauthorised crypto and trading firms.

Crypto ETF flows remained under heavy pressure on Tuesday, June 2, as bitcoin funds posted a 12th straight day of redemptions.

Bitcoin miners topped $1B in May revenue, but hashprice has since dropped 17.82% as BTC slides below $66K and hashrate falls below 975 EH/s.

Visa, Mastercard, and Stripe are reportedly backing a new stablecoin platform while each firm builds separate infrastructure.
