Converge

Converge Newsletter

Debanking, Never Again

Debanking, Never Again

Fed, OCC and FDIC strip 'reputation risk' from 15 supervisory documents.
The CFTC Opens the Perp Lane

The CFTC Opens the Perp Lane

Kalshi's BTCPERP wins the first formal CFTC perpetual approval.
The SEC Delays and Narrows Tokenized Stock Innovation Exception

The SEC Delays and Narrows Tokenized Stock Innovation Exception

Peirce narrows the contemplated relief: digital twins in, synthetic wrappers out
CLARITY Act Survives Markup. The Real News Isn't Yield.

CLARITY Act Survives Markup. The Real News Isn't Yield.

Plus: BlackRock files two tokenized funds (not one), Coinbase takes Hyperliquid's stablecoin rail, and Grove launches a $1B/day RWA liquidity layer.
DTCC Sets July for Live Tokenized Trades

DTCC Sets July for Live Tokenized Trades

Plus: Treasuries go 24/7 and global, Western Union's stablecoin, and Amazon's AI agent payments
Tokenized Equities Shed Second-Class Status

Tokenized Equities Shed Second-Class Status

Voting rights and transfer agents arrive — plus Meta and PayPal lean into stablecoins
Kelp Hack Exposed the DeFi Scaffolding

Kelp Hack Exposed the DeFi Scaffolding

And it showed it's still lacking guardrails.
Circle's Impossible 230M USDC Choice

Circle's Impossible 230M USDC Choice

And how the controversy is handing Tether a PR win.