This Week in Crypto Law (May 16, 2026)
This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. We’re back after a week off. This week in crypto law may ultimately be remembered as a turning point in how…
Bitcoin Price Surged to $77K After Trump Signals Major Iran Peace Breakthrough
However, the reports coming from both sides continue to contradict in some manner. After a few days of highlighting threats that a peace deal might not be reached soon, which increased the selling pressure on the crypto market, US…
Cardano governance dispute puts IOG lab at risk
Cardano governance is in crisis as an 81% stake majority opposes a 32.9 million ADA research funding proposal. Summary An 81% active stake majority is opposing a 32.9 million ADA proposal to fund Input Output Global’s research lab for another…
Tokenized Asset Market Tops $34 Billion as Treasurys Lead 10x Surge
Key Takeaways Tokenized assets exceeded $34 billion, driven by Treasury products, commodities, and asset-backed credit. Institutional adoption expanded as clearer stablecoin rules supported operational blockchain finance systems. Market diversification could increase demand for compliant tokenized products and settlement infrastructure. Tokenized…
Harbor capital targets Anthropic, OpenAI and xAI in ‘Lab’ funds
Harbor Capital is trying to slice the AI boom into lab-branded trades, filing for a suite of active “Lab ETFs” tied to Anthropic, DeepMind, Meta, OpenAI and xAI ecosystems. Summary Harbor capital’s proposed Lab ETFs would each focus on companies…
Binance CEO Says Tokenization Nears Turning Point as 12–18 Months Look Defining
Key Takeaways Binance’s Richard Teng said tokenization is moving toward a major market inflection point. Clearer rules could help institutions connect blockchain systems with regulated capital markets. Settlement, custody, and transfer systems may shape tokenized finance’s next phase. Tokenization Outlook…
Tom Emmer dismisses 2 key Clarity Act concerns
Clarity Act concerns from law enforcement are overblown, House Majority Whip Tom Emmer said. Summary Emmer called law enforcement objections to crypto developer protections a “red herring” aimed at slowing the bill. He defended shielding noncustodial developers from money transmitter…
Robert Kiyosaki Warns ‘Crash Imminent’—Cites Jim Rickards in Extreme Forecast
Key Takeaways Kiyosaki cited Jim Rickards while warning that a market crash could arrive soon. Gold and silver forecasts drew attention amid expectations of severe dollar weakness. His message placed bitcoin, gold, and silver back at the center of Kiyosaki’s…
Bitcoin ETFs Suffer Biggest Outflows Since January as May Turns Red
Monday saw the highest daily inflows, with almost $650 million leaving the funds. Bitcoin’s price calamity is not isolated, as, aside from all other macro and on-chain reasons, the exchange-traded funds tracking the asset’s performance experienced their worst weekly…
Kalshi launches advocacy group with Trump aide
Kalshi is backing a new advocacy group to fight the gaming lobby over prediction market regulation. Summary Americans for Fair Markets launched with Kalshi support to counter sportsbook and casino opposition to prediction markets. The group tapped former Deputy White…
