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 2026 election, with Abcripto opposing proposals. Brazilian Digital Asset Demand Explodes in 2026 The hunger…
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 assist the BSP and participating financial institutions in exploring potential central bank digital currency use…
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 Cup. DKeX offers sports event contracts in 18 states under CFTC rules, reaching markets where…
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, can become more than another blockchain trend. Done properly, RWA tokenization can help the Philippines…
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, supporting XRP’s function as a bridge asset within the network. RLUSD-related activity is adding to…
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 must draft roughly 9 pieces of secondary legislation to fully launch the rules by early…
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 due 60 days after Federal Register publication. SEC Opens Review With 27 Questions The agency…
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 before launching on the primary Flare mainnet. Enhancing Cross-Chain Consensus Blockchain platform Flare has scheduled…
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 $15 Million as Bitcoin and Ether Funds Lose Combined $261 Million The final stretch of…
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 as more asset managers test onchain fund infrastructure. The company announced a partnership with New…
