The US SEC has identified digital assets as a strategic priority in its draft 2026-2030 plan, aiming for regulatory clarity on blockchain, tokenization, and crypto market infrastructure. The plan also addresses jurisdictional issues with the CFTC.
SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank, potentially making it a consolidated subsidiary. The deal would expand SBI's dominance in Japan's crypto market as the country prepares to bring digital assets under the Financial Instruments and Exchange Act. The acquisition follows SBI VC Trade's absorption of Bitpoint Japan on April 1 and a $50 million investment in Circle's IPO last June.
Tokenized US Treasurys were one of the biggest growth areas of the RWA market, rising from a market capitalization of $3.9 billion at the start of 2025 to more than $15 billion.
Solana has launched the Solana Research Institute (SRI), a Swiss-based research body founded by former Euroclear executive Angus Scott, designed to help financial institutions navigate evolving crypto regulations like Europe's MiCA and the US GENIUS Act. The initiative includes a 60-page report for senior practitioners and contributions from the Solana Foundation, Jito, R3, and Figment. The launch follows Solana's 2025 Policy Institute in Washington and targets firms assessing operational and risk considerations for public blockchain adoption.
Crypto majors are mostly flat ahead of today’s supreme court opinion on the trump tariffs; btc +1% at $90,300; eth 13% at $3,090, sol +3% at $138; xrp +1% to $2.10. Polygon (+11%), zec (+11%) and syrup (+7%) led top movers. Jpmorgan said the recent bitcoin and ethereum sell-off may be bottoming, pointing to improving positioning and easing downside pressure after early-year weakness. Bank of america analysts upgraded coinbase to buy, citing improved regulatory clarity, growing institutional adoption, and stronger long-term earnings visibility. Morgan stanley is planning to launch a digital wallet later this year that could support tokenized assets, including private company equity. Florida lawmakers renewed their push for a state-level bitcoin reserve. Ethereum’s validator exit queue fully cleared, easing delays that had impacted liquid staking protocols and validator withdrawals. Polygon labs unveiled the open money stack, an initiative designed to streamline stablecoin payments. Polygon is reportedly close to acquiring coinme, a major bitcoin atm operator. Trump said that he won’t pardon ftx founder sam bankman-fried.
