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Illinois Enacts the Strictest Digital-Asset Tax in the US as Industry Group Urges Veto
Regulation & Politics

Illinois Enacts the Strictest Digital-Asset Tax in the US as Industry Group Urges Veto

Illinois Governor JB Pritzker has signed SB 3019, the Digital Asset Privilege Tax Act, making the state the first in the country to impose a transaction-based tax on everyday digital-asset activity. The Crypto Council for Innovation is pushing for a line-item veto of Article 3.
Ethereum's Glamsterdam Upgrade Enters Final Devnet Phase With 200M Gas-Limit Target
Blockchains

Ethereum's Glamsterdam Upgrade Enters Final Devnet Phase With 200M Gas-Limit Target

Glamsterdam has reached its final devnet stage, locking in ten EIPs including ePBS and Block-Level Access Lists. The bundle clears the path for a 200 million gas-limit floor and mainnet activation in H2 2026.
Coinbase Stakes Out Brokerage Territory With SEC-Registered AI Advisor and Stock Options Push
CeFi

Coinbase Stakes Out Brokerage Territory With SEC-Registered AI Advisor and Stock Options Push

Coinbase used its latest "System Update" Tuesday to push deep into territory long held by retail brokerages, rolling out an SEC-registered AI investment advisor, stock and ETF trading on its professional platform, and options markets for both equities and crypto. The bundle moves the exchange's competitive frame from Binance and Kraken toward Robinhood, Schwab, and Interactive Brokers.
Binance Could Face EU Exit as Reports Say Greek Regulator is Set to Reject MiCA License
Regulation & Politics

Binance Could Face EU Exit as Reports Say Greek Regulator is Set to Reject MiCA License

Greece's Hellenic Capital Market Commission appears set to reject Binance's MiCA license application, putting the world's largest crypto exchange on course to lose EU client access on July 1. Binance disputes the account and says its application was considered compliant, promising an update before June 30.
Tribal Coalition Files Amicus Briefs to Keep Prediction Markets Off Native Land
Regulation & Politics

Tribal Coalition Files Amicus Briefs to Keep Prediction Markets Off Native Land

A coalition of federally recognized tribes and Indian regulatory bodies filed amicus briefs in two federal cases, arguing CFTC preemption would nullify tribal-state gaming compacts and strip tribes of authority to regulate Kalshi and Polymarket on Native land.
Coinbase Teases 1:1-Backed Tokenized U.S. Stocks With On-Chain Dividends
TradFi & Fintech

Coinbase Teases 1:1-Backed Tokenized U.S. Stocks With On-Chain Dividends

Coinbase announced plans for what it calls the first tokenized U.S. stocks backed 1:1 by actual shares, with automatic on-chain dividend distribution. The exchange described the product as 'no derivatives, no IOUs,' a direct contrast to the synthetic equity structures currently dominating on-chain equity trading.
BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income
TradFi & Fintech

BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income

BlackRock listed the iShares Bitcoin Premium Income ETF (BITA) on Nasdaq, overlaying a covered-call strategy on IBIT to generate monthly income while capping upside participation.
Robinhood Cuts 10% of Workforce, Takes $28M Restructuring Charge
CeFi

Robinhood Cuts 10% of Workforce, Takes $28M Restructuring Charge

Robinhood is cutting roughly 10% of its full-time employees in a corporate restructuring CEO Vlad Tenev has framed as a push for a high performance culture, with $28 million in charges expected in Q2 2026.
Kraken and Coinbase Bring Perps Onshore as US Derivatives Markets Shift
CeFi

Kraken and Coinbase Bring Perps Onshore as US Derivatives Markets Shift

Kraken and Coinbase each launched perpetual futures products Monday, with Kraken going live on CFTC-regulated crypto contracts via Bitnomial and Coinbase introducing four thematic equity-index perpetuals on US soil.
Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado
CeFi

Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado

Paradigm has led a roughly $9 million round in El Dorado, the stablecoin-powered payments app that has signed up more than a million users across Latin America. The bet extends the venture firm's push into dollar-rails for emerging markets.