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Japan Megabanks MUFG, Mizuho, and SMBC Establish Joint Stablecoin Council
TradFi & Fintech

Japan Megabanks MUFG, Mizuho, and SMBC Establish Joint Stablecoin Council

Japan’s three largest banks have formalized their stablecoin ambitions, forming a joint council to govern infrastructure and governance for a yen-denominated stablecoin targeting live transactions by the end of Japan’s fiscal year.
OKX Adds Magnificent 7 Stocks, Commodities to European X-Perps Lineup
CeFi

OKX Adds Magnificent 7 Stocks, Commodities to European X-Perps Lineup

OKX launched 13 new X-Perps markets in Europe on Monday, adding perpetual futures on all seven Magnificent 7 stocks, gold, silver, oil benchmarks, SPY, and QQQ with 24/7 trading and up to 10x leverage.
Janus Henderson Takes ENA Stake, Deploys Into USDe, Explores ETP Distribution in Four-Part Ethena Deal
TradFi & Fintech

Janus Henderson Takes ENA Stake, Deploys Into USDe, Explores ETP Distribution in Four-Part Ethena Deal

Janus Henderson Investors, the $480 billion asset manager, has announced a four-part partnership with Ethena covering CLO fund distribution, a strategic ENA token investment, USDe treasury deployment, and exploration of exchange-traded instruments for USDe distribution.
US Bitcoin Reserve Bill Text Locks Holdings for 20 Years and Mandates Quarterly Proof-of-Reserve Reports
Regulation & Politics

US Bitcoin Reserve Bill Text Locks Holdings for 20 Years and Mandates Quarterly Proof-of-Reserve Reports

The full text of H.R. 8957, the American Reserve Modernization Act of 2026, is now public, revealing a mandatory 20-year prohibition on selling any acquired BTC and a requirement for quarterly, publicly audited proof-of-reserve reports.
BitMine Buys 126,971 ETH for $207M at $1,630 Average as Prices Hit June Low
Markets

BitMine Buys 126,971 ETH for $207M at $1,630 Average as Prices Hit June Low

BitMine Immersion Technologies acquired 126,971 ETH for approximately $207 million last week at an average of $1,630 per token, its largest weekly purchase of 2026, lifting its total treasury to 5.54 million ETH, equal to 4.59% of Ethereum's circulating supply.
MetaMask Launches Agent Wallet in Early Access, Giving AI Agents Self-Custody Acces
DeFi

MetaMask Launches Agent Wallet in Early Access, Giving AI Agents Self-Custody Acces

The Consensys-owned wallet provider opened early access Monday for autonomous AI agents to trade across 25+ EVM chains and Hyperliquid, with transaction simulation and $10,000 in loss coverage as the security pitch.
Bybit and Kraken Add xStocks SpaceX Tokenized Equity as Pre-IPO Derivatives Race Reaches Four Venues
CeFi

Bybit and Kraken Add xStocks SpaceX Tokenized Equity as Pre-IPO Derivatives Race Reaches Four Venues

Bybit and Kraken both launched 1:1 equity-backed SpaceX exposure via xStocks, joining Coinbase International and BitMEX in a four-venue race that now splits between synthetic perpetuals and regulated tokenized equity issued by Backed Assets (JE) Limited.
Over 200 Crypto Firms Urge Senate Vote on CLARITY Act as Galaxy Cuts Passage Odds to 60%
Regulation & Politics

Over 200 Crypto Firms Urge Senate Vote on CLARITY Act as Galaxy Cuts Passage Odds to 60%

A coalition of more than 200 organizations including Coinbase and Ripple pushed Senate leadership for a floor vote Monday. Galaxy Digital's research head simultaneously lowered his 2026 passage probability by 15 points, citing a shrinking calendar and unresolved ethics provisions.
SEC Trading Division Director Lays Out Tokenized Securities Framework and Joint CFTC Harmonization Push
Regulation & Politics

SEC Trading Division Director Lays Out Tokenized Securities Framework and Joint CFTC Harmonization Push

Jamie Selway, Director of the SEC's Division of Trading and Markets, outlined two structural workstreams on June 4: a framework to list and trade tokenized securities under an 'innovation without arbitrage' principle, and a joint SEC-CFTC effort to harmonize conflicting rulebooks across swap reporting, portfolio margining, and product definitions.
Major US Banks Including JPMorgan, Citi and BofA Plan Shared Tokenized Deposit Network
TradFi & Fintech

Major US Banks Including JPMorgan, Citi and BofA Plan Shared Tokenized Deposit Network

JPMorgan, Citi, Bank of America, Wells Fargo, and more than a dozen peers have announced a joint initiative to put commercial bank deposits onchain, operated by The Clearing House and targeting a first-half 2027 launch.