Market
Western Union launches USDPT stablecoin issued by Anchorage on Solana
Western Union launched a dollar stablecoin on Solana for 24/7 settlement across 200+ countries, the company said Monday.
Latest
Technology
Wall Street giant DTCC plans tokenized securities platform with July pilot, October launch
The Depository Trust & Clearing Corporation (DTCC), one of Wall Street's largest financial infrastructure providers, has announced plans to launch a tokenized securities platform. The company will begin pilot testing in July 2026, with a full commercial launch scheduled for October 2026, according to CoinDesk reporting. DTCC processes
Regulation
FINRA green lights Securitize for tokenized IPO underwriting and custody
Securitize is the first firm to receive FINRA approval to custody tokenized securities and underwrite onchain IPOs and secondary offerings.
Market
GameStop Makes $55.5 Billion Offer to Acquire eBay
GameStop has built a 5% stake in eBay and proposed to fund the deal with cash on hand plus third-party financing.
Exchange
Kraken parent Payward completes Bitnomial acquisition, unlocking US crypto derivatives offering
With the deal closed, Payward now holds a full suite of U.S. derivatives licenses issued by the Commodity Futures Trading Commission.
Macro
Morgan Stanley's Oldenburg: Bitcoin on U.S. bank balance sheets is coming, just not yet
Morgan Stanley executive Andrew Oldenburg stated that while U.S. banks will eventually hold Bitcoin on their balance sheets, the timeline remains uncertain and implementation is not imminent. Speaking at a recent industry event, Oldenburg acknowledged the growing institutional interest in cryptocurrency assets but emphasized that significant regulatory and operational
Regulation
New York AG settles for $5 million with Uphold in first enforcement action against a crypto yield product promoter
The settlement is the first New York enforcement action to target a platform that promoted someone else's crypto yield product rather than its own issuer.
Regulation
BlackRock urges OCC to drop tokenized reserve cap idea, expand eligible assets in GENIUS Act comment letter
The world's largest asset manager opposed a potential 20% cap on tokenized reserve assets, a constraint that would limit products like its BUIDL fund.
Regulation
Leading Iranian crypto exchange Nobitex was founded by sons of elite political family tied to supreme leaders: Reuters
Reuters found that hundreds of millions of dollars in transactions tied to sanctioned Iranian state entities have moved through Nobitex since 2018.
Regulation
Coinbase says deal reached on Clarity Act stablecoin yield, clearing path to long-stalled Senate markup
Coinbase CEO Brian Armstrong urged the Senate Banking Committee to "mark it up" as a months-long stalemate appears to be at an end.
Security
The $292M crypto hack exposed DeFi's weak spots. Here’s what must change, insiders say
A major cryptocurrency hack resulted in losses of $292 million, marking one of the largest DeFi exploits in recent history. The attack targeted a prominent decentralized finance protocol, with hackers exploiting vulnerabilities in smart contract code to drain user funds. Industry insiders are calling the incident a wake-up call for
Regulation
Sen. Tillis Reveals CLARITY Act Stablecoin Yield Text, Senate Markup Soon?
Senator Thom Tillis has finally released the stablecoin yield text. It could indicate that a long-awaited Senate Banking Committee markup of the Digital Asset Market Clarity Act may be nearing. Ad Ad What Does The Stablecoin Yield Text Say? The plan, which is negotiated with Sen. Angela Alsobrooks,