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In brief The Federal Reserve proposed new rules requiring U.S. crypto firms to verify stablecoin users. Former Fed Chair Jerome Powell backed the proposal. Current Chair Kevin Warsh abstained without explanation. Some officials warned about the risks posed by the rules’ exemption for decentralized protocols. The Federal Reserve on Thursday issued a proposed rulemaking dictating how American crypto firms will have to evaluate customers and discourage money laundering now that stablecoins have been formally legalized.The rulemaking, proposed jointly with President Donald Trump’s administration agencies including the Treasury Department and the FDIC, interprets how to implement provisions of the GENIUS Act…

June 18th, 2026 – Zurich, Switzerland The on-chain investment platform lets retail investors in Asia-Pacific buy real, 1:1-backed tokenized US stocks, including SpaceX, Nvidia, Apple, and Tesla — alongside a 5.3% T-Bill yield and institutional DeFi lending — through a single dashboard and a single KYC, with no brokerage account required. Eldora, an on-chain investment platform, announced the expansion of its tokenized US equity marketplace to 280+ assets and the launch of a $20,000 Trading Campaign, opening in early June 2026 — the platform’s largest community initiative to date. For most retail investors across Asia-Pacific, owning shares in Nvidia or…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A proposed ban on a federal retail central bank digital currency (CBDC) has re-entered the policy spotlight through congressional housing-bill negotiations, keeping the digital dollar debate alive even as stablecoins gain ground. TL;DR H.R. 6644 is the primary legislative reference for the retail CBDC ban angle. The reported negotiation would block the Fed from issuing a retail CBDC through 2030. The article should avoid claiming stablecoin inflows will automatically accelerate because that is market speculation. The bill reference gives the story a clear policy anchor: lawmakers…

The CME Group said that it plans to file a lawsuit against the Commodity Futures Trading Commission (CFTC) over the agency’s approval of crypto perpetual futures, setting up a direct legal confrontation between the world’s largest futures exchange operator and its own regulator. Outgoing CME CEO Terrence Duffy made the announcement on CNBC’s “Fast Money,” saying the company would file litigation today. CME later confirmed the plans to Reuters. The lawsuit targets the CFTC’s decision in late May to allow prediction market platform Kalshi to offer bitcoin perpetual futures — a first for the United States. At the center of…

In brief Ireland’s government launched a new National Risk Assessment and 30-point action plan Thursday, naming the misuse of crypto-assets among the country’s evolving financial-crime threats. The plan promises “enhanced safeguards around crypto-assets and digital finance,” including a new industry standard requiring due diligence to verify that crypto used as a source of funds is legitimate. Tánaiste Simon Harris and Justice Minister Jim O’Callaghan said the measures aim to protect victims and keep Ireland’s defenses apace with criminals’ use of new technology. Ireland has put crypto-assets squarely in the frame of its latest crackdown on financial crime.The government launched a…

As a result of the Drift exploit, crypto payments platform Pyra has stopped accepting new users, canceled existing payment cards, and says withdrawals and private key exports will remain available through a web portal until September 15, 2026, according to Pyra’s shutdown announcement.Pyra also plans to use that portal to facilitate future Drift recovery token distribution once those tokens become available.Pyra’s shutdown shows how exploit damage can persist in a consumer-facing product long after the first loss estimate, postmortem, or recovery proposal.In contrast, Solana received a very different signal from the stablecoin side of the market: Circle pre-minted another 1…

In brief More than three-quarters of psychologists surveyed said patients have discussed using AI for mental health support, diagnosis, or companionship. Thirty-five percent of patients reported using AI as an additional mental health professional, while 39% said patients have used it to self-diagnose. Most psychologists expressed concerns about safety, privacy, dependency, and the potential for chatbots to reinforce delusions or self-harm. As generative AI becomes a fixture of daily life, patients are increasingly bringing chatbot conversations into therapy sessions.According to a new American Psychological Association survey of more than 1,200 U.S. psychologists, 77% said they have patients who discussed using…

In brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, after the Federal Reserve’s first meeting under new Chair Kevin Warsh. Warsh’s hawkish signals, which included lifting the Fed’s year-end rate projection and reviving July hike bets, cooled a relief rally tied to a U.S.-Iran de-escalation. Analysts argued that a firming $60,000 support level, slowing ETF outflows, and catalysts like the CLARITY Act give reason for cautious optimism. Bitcoin steadied near $64,100 on Thursday, down about 1% over the past 24 hours, as traders weighed a hawkish debut…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Uniswap founder Hayden Adams has again put the clash between decentralized finance and US securities rules in focus, arguing that legacy regulatory frameworks struggle to map cleanly onto smart contracts and open-source on-chain systems. TL;DR Hayden Adams’ latest comments add to the debate over how US securities laws apply to DeFi. The core issue is whether smart contracts and decentralized protocols can be treated like traditional intermediaries. For Uniswap and DeFi, legal clarity remains a major growth variable. The market is watching whether policymakers draw sharper…

The Federal Reserve held interest rates steady at its June meeting, but signaled a shift toward tighter policy under new Chair Kevin Warsh, marking a decisive turn away from expectations of near-term easing. The Federal Open Market Committee left the federal funds rate unchanged at a range of 3.50% to 3.75%, in line with market consensus. The policy statement and updated projections, however, pointed to renewed concern over inflation and a growing willingness among policymakers to raise rates later this year. Officials now expect the benchmark rate to reach 3.8% by the end of 2026, up from a 3.4% projection…

Economists at the US banking giant Wells Fargo are suddenly hiking their year-end S&P 500 target. Wells Fargo is now forecasting the S&P 500 will close out the year at 7,950, up from its previous prediction of 7,300, a nearly 9% increase, reports Reuters. The bank’s economists site three main factors for the index hike forecast: stronger corporate earnings, the U.S.-Iran interim deal easing macroeconomic risks and a recent market pullback. Wells Fargo says the recent sell-off in the market has cooled investor sentiment, setting the stage for further upside. “Sentiment has reset, providing room for upside in the AI…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Grayscale Research has applied a traditional cash-flow valuation framework to AAVE, giving investors another example of how mature DeFi protocols are being analyzed less like memes and more like revenue-generating networks. TL;DR Grayscale’s research applies cash-flow style valuation methods to crypto assets, including AAVE. The report highlights Aave as one of the DeFi protocols where protocol economics can be modeled more directly. The article should frame the $175 target as a research scenario, not a guaranteed price forecast. The report is part of a broader attempt…