Latest

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.

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.

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.

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.

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.

Regulation & Politics
Treasury Sanctions Three Individuals and Six Entities for Routing Crypto to ISIS
OFAC designated three financial facilitators and six money service businesses across Europe, Syria, Turkey, and Nigeria for moving funds to ISIS and its West Africa affiliate using crypto, including two TRON addresses tied to a French national.

DeFi
Synthetix Governance Votes to Retire sUSD, Pay Holders in Vested SNX
Synthetix governance has moved to retire sUSD entirely under SIP-423, introduced June 12. The proposal would freeze the stablecoin contract and pay all holders back at face value in vested SNX at a conversion of four SNX per sUSD. A companion SIP-424 covering technical implementation is pending.

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.

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.

Hacks
Taiko Bridge Drained $1.7M After SGX Signing Key Left Exposed on GitHub
An attacker forged withdrawal proofs using an RSA-3072 private key accidentally committed to Taiko’s public raiko GitHub repository, draining $1.7 million from L1 bridge contracts and forcing the protocol to halt block production and urge all users to exit.



