Exchange
Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage
All three exchanges are issuing full refunds and additional compensation to affected users.
CryptoClub.cc
Regulation
Early Airbnb, DoorDash backer Y Combinator says Clarity Act could bring crypto to ‘every’ portfolio company
Also a backer of companies like Coinbase, OpenAI, Stripe, Reddit, OpenAI and Kalshi, Y Combinator wants to see Congress pass the CLARITY Act.
Regulation
Polish president vetoes crypto bill for third time ahead of MiCA deadline
Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto framework's transitional period.
Regulation
Appeals court rejects Sam Bankman-Fried’s bid for new trial in FTX fraud case
Sam Bankman-Fried lost his appeal to overturn his 25-year sentence after accusing the original court of not giving him a fair chance.
Market
Metaplanet Acquires Japanese Securities Firm for $13M to Launch Bitcoin Yield Products
The Siiibo Securities deal positions Metaplanet to tap $7.4 trillion in household savings as the country shifts from deflation to inflation.
Technology
Ethena Labs to allocate $250 million to Securitize’s Tokenized AAA CLO Fund as it deploys on Solana
STAC is one of Securitize’s in-house offerings that provides onchain access to institutional-grade, floating-rate structured credit.
Regulation
South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door to taxes: report
South Korea’s finance ministry said tokenized stocks are securities, opening potential taxation as early as H2 2026 if regulators agree.
Security
International sting shuts down $390M crypto money-laundering ring
Eleven countries were involved in the joint operation that ended the AudiA6 crypto laundering ring and Dark2Web marketplace.
Market
Avalanche Treasury shares fall 38% on Nasdaq debut after $675 million merger
The company intends to accelerate the growth of the Avalanche ecosystem and plans to acquire over $1 billion worth of AVAX over time.
Regulation
SEC’s proposal to scrap key NMS rules a major unlock for tokenized US stocks: analysts
Galaxy's Thorn said this would remove barriers that prevented DeFi automated market makers from trading tokenized US equities at scale.
Regulation
Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence
Bitcoin Magazine Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence With no capital gains tax on Bitcoin, no wealth or inheritance taxes, and competitive incentives for tech businesses, the reform solidifies El Salvador’s status as a Bitco
Macro
Elon Musk's SpaceX prices shares at $135, raising $75 billion in largest-ever IPO
Elon Musk's SpaceX has priced its shares at $135 each in what marks the largest initial public offering in history, raising $75 billion for the space exploration company. The landmark IPO comes after years of speculation about when the privately-held aerospace manufacturer would go public, with the company