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Senate Passes Housing Bill With Fed CBDC Ban Through 2030 in 85-5 Vote
Regulation & Politics

Senate Passes Housing Bill With Fed CBDC Ban Through 2030 in 85-5 Vote

The US Senate voted 85-5 Monday to pass the 21st Century ROAD to Housing Act, which includes a provision barring the Federal Reserve from issuing a central bank digital currency until December 31, 2030. The sweeping bipartisan bill heads to the House for a final vote before going to President Trump's desk.
SBI Group Plans to Issue Yen Stablecoin JPYSC as Early as This Week, Nikkei Reports
Regulation & Politics

SBI Group Plans to Issue Yen Stablecoin JPYSC as Early as This Week, Nikkei Reports

SBI Group, Japan's $252 billion financial conglomerate, plans to issue JPYSC this week per Nikkei reporting, becoming the first Japanese institution to launch a trust-bank-structured yen stablecoin under the amended Payment Services Act.
House Sets July CLARITY Act Field Hearing as Lummis Presses for a Senate Floor Vote Before the Recess
Regulation & Politics

House Sets July CLARITY Act Field Hearing as Lummis Presses for a Senate Floor Vote Before the Recess

The House Financial Services Committee scheduled a July 17 field hearing on the digital-asset market-structure bill, part of a July calendar that puts the CLARITY Act on a tight clock before the August recess.
Ripple Wins Preliminary MiCA CASP Approval in Luxembourg, Unlocking EEA Passporting
Regulation & Politics

Ripple Wins Preliminary MiCA CASP Approval in Luxembourg, Unlocking EEA Passporting

Ripple has received a preliminary Crypto Asset Service Provider license from Luxembourg's CSSF under MiCA, a regulatory step that positions Ripple Payments for a full rollout across all 30 European Economic Area countries once final conditions are satisfied.
MoneyGram Becomes Solana Validator, Joins Institutional Developer Platform
Blockchains

MoneyGram Becomes Solana Validator, Joins Institutional Developer Platform

MoneyGram has launched an active validator node on Solana and joined its institutional developer platform, making Solana the payments giant’s third blockchain validator commitment alongside Tempo and Midnight. The move deepens a blockchain infrastructure push that began with Stellar remittances in 2021.
SoFi's Bank-Issued Stablecoin Hits $150M as Bullish Becomes First CEX to List It
TradFi & Fintech

SoFi's Bank-Issued Stablecoin Hits $150M as Bullish Becomes First CEX to List It

SoFiUSD, the first stablecoin issued by a US national bank, crossed $150 million in circulating supply on Tuesday as Bullish became the first centralized exchange to list the token.
Bithumb Lists Canton (CC) in Korean Won Market as Institutional Blockchain Eyes Retail Liquidity
CeFi

Bithumb Lists Canton (CC) in Korean Won Market as Institutional Blockchain Eyes Retail Liquidity

South Korea’s second-largest exchange has listed Canton Coin in its KRW market, opening the Goldman-backed, DTCC-integrated blockchain to retail investors ahead of the 14:00 KST trading start on June 23.
Baillie Gifford Launches UK-Regulated Tokenized Bond Fund on Solana and Ethereum With BNY
TradFi & Fintech

Baillie Gifford Launches UK-Regulated Tokenized Bond Fund on Solana and Ethereum With BNY

Scottish asset manager Baillie Gifford has launched BAGEY, the first publicly available, fully native UK-regulated tokenized bond fund, with BNY providing custody and wallet infrastructure across Solana and Ethereum.
Micron Stock Goes On-Chain 48 Hours Before Earnings as Backpack Securities Lists $MU on Solana
DeFi

Micron Stock Goes On-Chain 48 Hours Before Earnings as Backpack Securities Lists $MU on Solana

Sunrise and Backpack Securities tokenized Micron Technology ($MU) stock on Solana on Monday, landing the asset on-chain 48 hours before the chipmaker's fiscal Q3 earnings report. Each MU token is backed 1:1 by a real share held in custody and redeemable through Backpack Exchange into a traditional brokerage account.
CFTC Opens Comment on 24/7 Energy Futures and Perpetual Oil Contracts
Regulation & Politics

CFTC Opens Comment on 24/7 Energy Futures and Perpetual Oil Contracts

The CFTC issued a request for comment on running standard futures around the clock and on perpetual contracts referencing physically delivered energy commodities such as crude oil, extending the perpetual-contract model from crypto into oil and gas derivatives.