Minnesota Banks Win Crypto Custody Powers as Self-Storage Falls Minnesota has moved to let state-chartered banks and credit unions offer cryptocurrency custody services starting Aug. 1, a step that gives local institutions a regulated path into digital asset safekeeping as more retail holders…
Qivalis adds 25 banks to euro stablecoin project Qivalis, the Amsterdam-based euro stablecoin consortium, said on Wednesday it had added 25 new banks, lifting total membership to 37 and moving the project closer to a planned launch in the second half of 2026.[1][2]…
South Korean Funeral Firm Posts $33M Loss on ETH ETF South Korean funeral operator Bumo Sarang has logged a paper loss of about 49.3 billion won, or roughly $33 million, after investing customer-linked funds in a leveraged Ethereum-related ETF, according to local reporting…
Polymarket opens private-company markets for retail traders Polymarket has launched prediction markets tied to private-company milestones, opening a new retail-facing venue for speculation on valuations, IPO timing and secondary share activity in some of the world’s largest startups. The move matters now because…
OpenAI Opens Singapore AI Lab as Crypto Inflows Fall OpenAI has committed more than S$300 million, or about $234 million, to open its first applied AI lab outside the US in Singapore, a move announced Wednesday that underscores how regional capital is continuing…
Bitcoin bounce lacks ETF flow support as divergence widens Bitcoin’s rebound has outpaced support from U.S. spot ETF inflows, even after the funds posted a strong weekly turnaround. Spot Bitcoin ETFs saw about $787 million of net inflows last week after five straight…
Tether claims face scrutiny as USDT share falls Tether’s role in crypto markets has come under renewed scrutiny after a string of enforcement actions and tracing reports tied USDT to fraud and laundering cases, even as the stablecoin’s share of the broader supply…
CFTC Sues New York Over Prediction Markets The U.S. Commodity Futures Trading Commission on Friday sued New York in a fresh escalation of its fight with states over prediction markets, arguing the state cannot use gambling laws to block federally registered exchanges from…
Truth Social Bitcoin ETF retreat underscores crowded market Truth Social’s planned Bitcoin ETF was pulled back from SEC review on May 19, marking a retreat from one of the more politically charged crypto fund launches of the year. The withdrawal matters because it…
