Brazil Stablecoin Demand Explodes 158% Year-Over-Year to $2.6 Billion in May
Key Takeaways Central Bank of Brazil data shows digital asset purchases jumped 155% YoY to $12.138B by May 2026. Brazil bought $2.632B in stablecoins during May 2026, reinforcing dollar-proxy demand across Latam. Lula administration may revisit stablecoin rules after the…
BSP Sees Wholesale CBDC for Securities Settlement, Cross-Border Payments
The Bangko Sentral ng Pilipinas (BSP) has identified the settlement of financial securities and large-value cross-border payments as potential applications for wholesale central bank digital currency (wCBDC). This was highlighted in the central bank’s “Project Agila” report, which aims to…
Draftkings Drops Crypto.com, Launches Own Prediction Market Exchange
Key Takeaways Draftkings launched DKeX on June 26, shifting its prediction markets off CME and Crypto.com onto its own CFTC exchange. Draftkings Predictions hit roughly $11.3B in annualized trading volume for the week ended June 21, lifted by the World…
[Op-Ed] Paul Soliman: A New Funding Engine for the Philippines might be RWA
The Philippines does not lack ambition. It has entrepreneurs, builders, overseas workers, infrastructure plans, real estate demand, energy needs, and a young digital population. What it often lacks is efficient access to capital. This is where Real-World Assets, or RWAs,…
XRP Gains From RLUSD Growth as $900M Trading Boom Deepens Liquidity, Evernorth Says
Key Takeaways XRP remains central to all activity on the XRP Ledger, with every RLUSD transfer, swap, and trade relying on XRP for settlement and fee payments.. Growing RLUSD adoption is contributing to a rise in XRP Ledger transaction counts,…
Taiwan Unleashes Sweeping Crypto Law With 7-Year Prison Terms for Rule Breakers
Key Takeaways Taiwan passed the Virtual Asset Service Act on June 30, making the FSC the sole crypto regulator. Untrusted stablecoin issuers or unlicensed VASPs face up to 7 years in prison and $3.1M fines under the law. The FSC…
SEC Opens 27-Question Review of Novel ETFs, Puts Crypto Products in Focus
Key Takeaways The SEC issued Release No. 33-11426 on June 30, 2026, asking 27 questions about novel exchange-traded funds (ETFs). Roundhill, Bitwise and GraniteShares paused about 24 event contract ETF filings in May 2026. Comments on File No. S7-2026-24 are…
Flare Targets XRPL Expansion With July 6 Vote on Songbird Confidential Compute Rollout
Key Takeaways Flare scheduled a July 6-13 governance vote to deploy Confidential Compute on its Songbird network. The update adds programmable execution to the XRP Ledger, unlocking DeFi utilities for Ripple assets. Testing on Songbird will gather critical operational data…
Blackrock’s $300M IBIT Exit Extends Bitcoin ETF Outflow Streak to 8 Days
Key Takeaways Bitcoin ETFs lost $231.10M as Blackrock’s IBIT drove an 8th straight outflow day. XRP ETFs gained $15.34M, showing demand shifting beyond bitcoin and ether. Bitwise led Solana and HYPE inflows, signaling selective crypto ETF interest. XRP ETFs Add…
Centrifuge Signs $807B Asset Giant New York Life for First Tokenized Bond Product
Key Takeaways Centrifuge and New York Life Investment Management launched the tokenized HYB bond fund on June 30, 2026. New York Life Investment Management manages $807 billion in assets, marking its first tokenized product. Subscriptions and redemptions settle in USDC…
