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SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading
Regulation & Politics

SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading

Hester Peirce pushes back against "hyperbole" surrounding a contemplated SEC innovation exemption for tokenized NMS stock, emphasizing it would cover only digital representations of existing equities, not synthetic assets.
Coinbase Launches Perpetual Equity Index Futures in the U.S. on June 8
CeFi

Coinbase Launches Perpetual Equity Index Futures in the U.S. on June 8

Coinbase is expanding its trading offerings by launching perpetual-style equity index futures on June 8, allowing users to go long or short on market sectors and trends.
Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators
DeFi

Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators

Steakhouse Fi has expanded its lead to approximately $1 billion over the next largest Morpho vault curator, marking a significant shift in the competitive curator ecosystem.
MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain
Blockchains

MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain

MoneyGram has become Tempo's anchor remittance validator in a new strategic blockchain partnership designed to enhance cross-border payment infrastructure.
Fireblocks Launches Agentic Payments Suite for PSPs and Fintechs
CeFi

Fireblocks Launches Agentic Payments Suite for PSPs and Fintechs

Fireblocks introduced its agentic payments infrastructure, enabling AI agents to execute crypto transactions on behalf of users through embedded wallet and compliance-ready technology.
SEC Preparing 'Innovation Exemption' Framework for Tokenized Stock Trading
Regulation & Politics

SEC Preparing 'Innovation Exemption' Framework for Tokenized Stock Trading

The SEC is developing a new regulatory framework that would allow digital versions of publicly traded securities to trade on blockchain networks in the US.
Galaxy Receives BitLicense From New York State Department of Financial Services
Regulation & Politics

Galaxy Receives BitLicense From New York State Department of Financial Services

Galaxy has obtained a BitLicense from the New York State Department of Financial Services, regulatory approval to operate a cryptocurrency business in the state.
VanEck and Grayscale Push Forward With Spot BNB ETF Filings
TradFi & Fintech

VanEck and Grayscale Push Forward With Spot BNB ETF Filings

VanEck and Grayscale have submitted fresh amendments to their spot BNB ETF applications, signaling active engagement with the SEC as competition intensifies for the next altcoin ETF.
Circle's USYC Becomes Largest T-Bill Fund on BNB Chain at $2.9 Billion
CeFi

Circle's USYC Becomes Largest T-Bill Fund on BNB Chain at $2.9 Billion

Circle's USYC tokenized Treasury bill fund has reached $2.9 billion in market cap, becoming the largest T-Bill fund deployment across blockchain networks.
Hyperliquid's HYPE Token Rallies 7% as Trade.xyz Launches First Pre-IPO Perpetual Market for SpaceX
Markets

Hyperliquid's HYPE Token Rallies 7% as Trade.xyz Launches First Pre-IPO Perpetual Market for SpaceX

HYPE token gained 7% over 24 hours following the launch of a synthetic SpaceX pre-IPO perpetual contract on Hyperliquid, valuing the private aerospace company at $1.78 trillion.