News linked to both this project and an event.
Digital trading platform Moomoo has announced a partnership with prediction market operator Kalshi to offer eligible users access to event contracts regulated by the U.S. Commodity Futures Trading Commission (CFTC). Users can trade contracts related to major events such as Federal Reserve interest rate decisions, inflation data, elections, and the 2026 FIFA World Cup directly through the Moomoo platform.Event contracts are exchange-traded derivatives that allow investors to bet on the outcome of specific events. Contract prices range from $0.01 to $1, reflecting the market's expectation of the probability of each event occurring. These products will be integrated into the platform alongside Moomoo's existing offerings of stocks, options, and ETFs. Additionally, Moomoo has recently launched cryptocurrency deposit and withdrawal functionality, as well as the moomoo API Skills service for AI-powered investment tools, continuing to expand its product ecosystem. (CoinDesk)
According to CoinDesk, Revolut plans to launch its U.S. banking services in 2026, offering FDIC-insured accounts, stablecoin services, multi-currency deposits, and cryptocurrency trading.
Global payment networks Stripe, Visa, and Mastercard are close to launching a new stablecoin platform.According to sources familiar with the matter, U.S. cryptocurrency exchange Coinbase is also exploring the possibility of participating in this stablecoin platform. Meanwhile, Binance, Coinbase, Stripe, and Visa have all declined to comment, and Mastercard did not respond to requests for comment before publication. Additionally, the revenue-sharing agreement between Coinbase and Circle Internet is set to expire and be renewed in August of this year, with the current market cap of USDC reaching $76 billion. (CoinDesk)
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
According to CoinDesk, crypto infrastructure firm Symbiotic has launched Liquid Lane, a liquidity network enabling investors to convert tokenized funds, private credit, and other real-world assets into stablecoins nearly instantly—replacing traditional redemption periods of up to 180 days.
According to CoinDesk, Citigroup released the report “Tokenization 2030: Wall Street On-Chain,” forecasting that the global market size for tokenized real-world assets (RWAs) will grow from $17 billion today to $5.5 trillion by 2030 (reaching $8.2 trillion under an optimistic scenario). The report notes that the Depository Trust & Clearing Corporation (DTCC) plans to launch a pilot program for tokenized securities trading in July this year; Nasdaq is advancing its blockchain-based framework for stock issuance; and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is also making related moves. The entry of these three traditional market infrastructures marks an industry inflection point.
According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) approved, for the first time on May 29 local time, a regulated exchange to list and trade Bitcoin perpetual futures contracts (“Perps”), marking the first such case in U.S. regulatory history. CFTC Chair Mike Selig characterized this move as a “significant milestone,” stating that perpetual contracts serve as foundational risk-management and price-discovery tools in global crypto-asset markets, and that the CFTC will provide an actionable regulatory framework for such contracts while restricting excessive leverage and systemic risk. Previously, perpetual contract trading had long migrated to non-U.S. jurisdictions due to the absence of regulatory oversight. The CFTC has not yet disclosed the names of the first batch of approved exchanges, and this policy has not yet been elevated to the level of formal regulation—meaning it remains subject to potential reversal in the future.
According to CoinDesk, prediction market platform Kalshi has filed a federal lawsuit challenging a new Minnesota law set to take effect on August 1 that criminalizes operating, hosting, or promoting prediction market platforms. Kalshi argues the law is unconstitutional, asserting it infringes upon the Commodity Exchange Act’s grant of exclusive federal jurisdiction over derivatives markets to the CFTC and violates the First Amendment by restricting advertising. Earlier, on May 19, the CFTC filed a motion making the same constitutional challenge against the state law. U.S. President Trump has also publicly voiced support for the CFTC’s sole regulatory authority over prediction markets. Kalshi previously secured preliminary injunctions in similar enforcement actions brought by New Jersey and Arizona.
: STRC once fell to $97.11, then rebounded and closed at $98.57. Attention is being paid to Strategy's ability to continue using this preferred security as a financing tool through ATM issuance.After repurchasing $1.5 billion in convertible debt, Strategy's cash reserves dropped to approximately $871 million, only covering about six months of its estimated $1.7 billion annual preferred dividend obligations. Strive's perpetual preferred security SATA remains near its $100 par value, supported by an approximately 13% dividend yield and the company's plan to launch daily dividend payments.
According to CoinDesk, cryptocurrency platform Gemini has announced the launch of its “Command Center,” an AI-powered intelligence layer built into its prediction markets platform. This feature integrates the SpaceXAI model to deliver real-time market summaries, sentiment analysis, and personalized signals across cryptocurrency, sports, commodities, economics, and politics—tailored to users’ holdings, watchlists, and prediction activities.
: VanEck's tokenized U.S. Treasury fund, VBILL, has officially launched on the DeFi lending protocol Euler. The fund is issued and tokenized by Securitize. Investors can now use tokenized Treasury bonds as collateral for on-chain lending and liquidity operations, while meeting compliance restrictions.This move reflects that DeFi protocols are accelerating their transition towards institutionalization and compliance to attract traditional financial capital into the on-chain market. Data shows that the market size of tokenized U.S. Treasury bonds has surpassed $15 billion, growing approximately 150% over the past year. Traditional asset management giants such as BlackRock, Franklin Templeton, and Janus Henderson have all launched on-chain treasury or money market products.Euler has previously integrated Securitize's DS Protocol to support the inclusion of tokenized securities with investor qualification restrictions and transfer rules into its lending market. DeFi protocols like Aave are also expanding into institutional-grade RWA businesses.Institutions estimate that the market size for asset tokenization could reach $18.9 trillion by 2033. A Securitize executive stated that as traditional financial institutions enter the crypto space, DeFi protocols must find a balance between openness and compliance requirements. (CoinDesk)
According to CoinDesk, as the U.S. midterm elections heat up, cryptocurrency industry political action committees (PACs) are significantly increasing their financial support for congressional races. Some newly formed PACs are shifting their focus toward Republican candidates. The report notes that Fairshake remains the most influential super PAC in the industry, having already influenced primary outcomes in states like Texas through large-scale spending—and contributing to the defeat of long-time critic, Representative Al Green. Meanwhile, newer PACs such as Fellowship and the Digital Freedom Fund are backing Republican candidates more heavily, potentially undermining the bipartisan balance the crypto industry has maintained across several previous election cycles.
Wall Street investment bank Jefferies stated that as institutional investors accelerate their shift towards blockchain-based financial infrastructure, the crypto and blockchain sectors could see a new wave of IPOs over the next two years, forming a public market worth $1 trillion within five years.Jefferies released a report indicating that the current industry focus is shifting from speculative crypto asset prices to the comprehensive integration of blockchain infrastructure by banks, exchanges, asset managers, and payment institutions. Companies like Payward (parent company of Kraken) and Securitize are advancing their IPO plans, and it is expected that more crypto-related companies will enter the public market in the future. Tokenization is seen as a key driver of this structural transformation, with money market funds, private credit, and on-chain settlement systems already entering practical implementation phases. Increasing regulatory clarity will further accelerate institutional adoption.Currently, the market is moving from short-term hype to long-term technological reassessment. Crypto IPOs could serve as a crucial gateway connecting traditional capital markets with the on-chain economy. (CoinDesk)
the latest research from Project Agorá, led by the Bank for International Settlements (BIS), indicates that tokenization technology holds significant potential to improve settlement speed and reconciliation efficiency in cross-border payments, while reducing transaction failures and operational risks.The project involves the BIS collaborating with seven central banks and over 40 financial institutions, including the Federal Reserve Bank of New York, the Bank of England, the Bank of Japan, and the Swiss National Bank.The research suggests that tokenizing central bank reserves and commercial bank deposits could support "atomic settlement" across currencies and jurisdictions, enabling transactions to either "complete simultaneously or fail simultaneously," thereby reducing the credit and execution risks commonly associated with cross-border payments.Currently, Project Agorá has completed the simulation testing phase and plans to move into a "real-value transaction" testing phase, exploring on-chain settlement applications for select currencies and institutions in a real-funds environment. (CoinDesk)
during a recent Senate Banking Committee hearing, substantial progress was achieved in advancing the Digital Asset Market Clarity Act (CLARITY Act). The bill passed with a 15-9 vote, moving to the full Senate for consideration.Several bipartisan lawmakers emphasized during the discussions that the United States urgently needs to establish a unified regulatory framework for digital assets, clarifying asset classification, trading platform oversight, and market structure rules to provide long-term certainty for the industry. Angela Alsobrooks pointed out from a family perspective that younger generations show a natural interest in digital assets, and the regulatory system should strike a balance between "opportunity and protection" to prevent technological development from escaping regulatory oversight. Tim Scott stressed the need to advance legislation from the standpoint of economic opportunity and the American Dream, while Cynthia Lummis noted that the legislative process has already demonstrated a clear foundation for bipartisan cooperation.Supporters argue that digital assets have become an irreversible trend, with approximately 68 million Americans currently holding related assets. However, a significant volume of transactions still occur on overseas platforms, underscoring the urgent need for the U.S. to establish a domestic regulatory framework to enhance market transparency and investor protection. Analysts point out that the CLARITY Act is seen as a crucial complement following stablecoin-related legislation (the GENIUS Act). Without supporting rules at the market structure level, the U.S. risks losing its dominant position in the competition for digital financial infrastructure.As the bill advances to the full Senate, observers are closely watching whether it can complete final legislation based on bipartisan consensus, thereby establishing the core rules of the U.S. digital asset regulatory framework. (CoinDesk)
Block's Cash App is gradually rolling out stablecoin payment functionality to its nearly 60 million users. According to sources familiar with the matter, the feature currently covers approximately 25% of users and is expected to reach full 100% availability within this week.The core functionality supports users in depositing and withdrawing via USDC, allowing free transfers of funds between external wallets and Cash App balances, and using stablecoins as a settlement tool for payments rather than as investment products. It currently supports transactions across four blockchain networks, including Solana, Ethereum, Polygon, and Arbitrum. Due to the irreversible nature of on-chain transactions, incorrect addresses or unsupported network transfers may result in permanent loss of funds.Block CEO Jack Dorsey previously stated that despite his longstanding preference for Bitcoin, user demand for stablecoins has prompted the company to adjust its strategy. (CoinDesk)
the "Transparency Alliance," initiated by Blockworks, has been officially established, garnering support from over 40 crypto enterprises including Coinbase, Kraken, and Binance.US. The alliance aims to jointly develop unified token information disclosure standards to enhance market transparency and attract institutional capital. Based on Blockworks' Token Transparency Framework, the alliance seeks to establish a standardized information disclosure mechanism for crypto assets, similar to that of the stock market, enabling investors to gain a clearer understanding of token structures and risks.Reportedly, the framework covers details such as token issuance structure, internal holdings allocation, market maker arrangements, exchange listing terms, and repurchase mechanisms. It distinguishes between two types of document systems: "one-time pre-issuance disclosure" and "ongoing update disclosure." To date, 44 projects, including Morpho, Jupiter, Spark, and dYdX, have completed the relevant filings.Industry insiders point out that this initiative aims to establish a unified information infrastructure for the crypto market to meet institutional investors' demands for transparency and compliance. Blockworks stated that it has communicated with relevant personnel from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Analysts believe that this alliance signifies the crypto industry is accelerating its shift towards an "institutionalized information disclosure system." However, its ultimate impact will depend on whether the market translates these disclosure standards into widespread industry consensus. (CoinDesk)
According to CoinDesk, DTCC (Depository Trust & Clearing Corporation), a U.S. market infrastructure giant, announced plans to connect its tokenized securities platform to the Stellar (XLM) network in the first half of 2027, enabling on-chain issuance, settlement, and lifecycle management of equities, ETFs, and U.S. Treasuries, while also exploring tokenization use cases for highly liquid assets.
: Payment giant Mastercard has announced that it has obtained a BitLicense from the New York State Department of Financial Services (NYDFS), allowing it to conduct digital asset-related businesses under a strict regulatory framework, including stablecoins and blockchain settlement infrastructure. The license was obtained by Mastercard Transaction Services (U.S.) LLC, marking the company's further expansion into digital payments and on-chain settlement infrastructure. BitLicense is one of the strictest crypto regulatory frameworks in the United States, requiring firms to meet multiple standards for capital reserves, compliance, security, and consumer protection.Mastercard stated that this approval will support its strategic layout in stablecoins and tokenized payments. Company executives pointed out that a clear regulatory framework helps drive digital assets from the experimental stage toward practical applications.Recently, several institutions, including Galaxy Digital and Strike, have also successively obtained BitLicenses, indicating that U.S. regulatory approvals are accelerating the opening up to compliant digital asset enterprises. (CoinDesk)
Cryptocurrency exchange Kraken has announced the launch of Bitcoin Vault, a product that allows users to maintain Bitcoin price exposure while capturing BTC-denominated yields through DeFi strategies. The product is now available on Kraken Earn. Kraken stated that Bitcoin Vault is designed for long-term Bitcoin holders, enabling users to automatically participate in on-chain yield strategies through the platform without the need to navigate complex DeFi protocols themselves. (CoinDesk)