The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law. Circle said Friday that the New York Department of Financial Services (NYDFS) has granted a limited purpose trust charter to its subsidiary, Circle Internet Trust Company LLC. A limited purpose trust charter is issued under New York...Continue Reading

Twenty-eight financial institutions and central banks completed real-value settlements across six currencies using tokenized central bank reserves and commercial bank deposits. The Bank for International Settlements (BIS) said Project Agorá completed real-value testing of tokenized wholesale cross-border payments, with 28 financial institutions and central banks settling about 800,000 Swiss francs (about $1 million) across 17...Continue Reading

Situational Awareness retained about $10 billion in assets, including its Anthropic stake, after reportedly selling leveraged public stock positions to Ken Griffin’s Citadel. Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner. The Financial Times first reported Thursday...Continue Reading

The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws. New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other outcomes. The lawsuit seeks to...Continue Reading

RWA perpetual futures reached 99.2% of Bitcoin perpetual volume on Hyperliquid and Binance as tokenized equities led trading. Perpetual futures tied to tokenized stocks and commodities generated nearly as much trading volume as Bitcoin perpetuals on two of the largest venues for the products over the past week, according to Talos. Combined seven-day volume across...Continue Reading

DeFi risk management service LlamaRisk recommended that Aave wind down every reserve on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, but action against most of those instances was already taken. An Aave governance proposal would wind down the lending protocol’s V3 markets on six blockchains and retire dozens of low-use token listings, a cleanup covering...Continue Reading

BlackRock’s IBIT led $233.1 million in daily inflows as US spot Bitcoin ETFs turned positive for the week and July stayed on track to end in the green. US spot Bitcoin exchange-traded funds (ETFs) posted their strongest daily inflows in more than three weeks on Thursday, attracting $233.1 million. BlackRock’s iShares Bitcoin Trust (IBIT) led...Continue Reading

Institutional investors accounted for 72% of Wintermute’s spot OTC flow in the first half of 2026 as capital clustered in fewer tokens and altcoin rallies became more selective. Crypto’s next altcoin season may produce fewer winners as institutional investors concentrate their activity in a narrower group of digital assets, according to crypto market maker Wintermute....Continue Reading

Coinkite urged Coldcard Mk3 users to migrate funds after identifying a potential seed-generation risk, as Bitcoin security experts separately examine an unexplained $38 million wallet drain. Canadian Bitcoin hardware maker Coinkite has warned users of its Coldcard Mk3 signing device to move funds from wallets whose seed phrases were generated on affected firmware.  On Thursday,...Continue Reading

3iQ will manage an undisclosed portion of Gelephu Mindfulness City’s Bitcoin treasury as Bhutan develops a digital-asset investment hub. Bhutan’s Gelephu Mindfulness City (GMC) has appointed Canadian digital-asset manager 3iQ to manage a mandate backed by part of its Bitcoin treasury as the special administrative region develops a digital-asset investment hub. Under the partnership, 3iQ...Continue Reading