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How tokenized stocks fail as collateral even when the stock price does not move

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DeFi lending protocol Edel disclosed a $403,000 exploit that hit the layer where tokenized stocks are trying to become DeFi collateral. Edel said no depositor would bear losses, and the team would absorb the bad debt, restore affected balances one-to-one, and rebuild the protocol’s oracle architecture for a version two release. The attack manipulated the … Read more

Robinhood’s expanding crypto bet meets a faster-moving prediction market boom

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Robinhood is pushing deeper into crypto infrastructure with the launch of its own blockchain network, tokenized stocks and decentralized lending products, even as one of its fastest-growing revenue opportunities may be forming outside crypto. On July 1, the brokerage launched the public mainnet for Robinhood Chain at a London event, marking its most direct move … Read more

Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail

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Open Standard’s Open USD is trying to make the stablecoin yield fight about distribution before the token is live. The company announced Open USD on June 30 as a stablecoin for global money movement. Its headline feature is a reserve-sharing model: businesses can mint and redeem at no cost, without artificial volume caps, while partners … Read more

Taiwan’s new crypto law gives banks the first real stablecoin advantage

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Taiwan has moved stablecoin issuance into a licensing test for supervised financial infrastructure. The Legislative Yuan passed the Virtual Asset Service Act on its third reading on June 30, establishing a dedicated framework for crypto trading platforms, stablecoin issuers, and other virtual asset service providers. The practical consequence is a stablecoin market where approval, reserves, domestic custody, … Read more

SEC and CFTC crypto plans face new risk from Supreme Court ruling

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On June 29, the US Supreme Court ruled that President Donald Trump had the authority to remove the Federal Trade Commission (FTC) Commissioner Rebecca Slaughter, rejecting the statutory limits that previously allowed FTC commissioners to be fired only for cause. This decision overturned Humphrey’s Executor, the 1935 precedent that had protected certain independent agency commissioners … Read more

MiCA’s July 1 deadline is Europe’s first crypto user-migration test – OKX interview

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Europe’s crypto market resets on July 1, when MiCA’s transitional period ends and unauthorized exchanges lose the legal right to operate in the EU. Whether the deadline holds depends on the app stores on European phones. Under the ESMA’s June 23 statement, unauthorized crypto exchanges must immediately stop onboarding new EU clients, opening accounts, and … Read more

Australia’s new crypto transfer rules to make exchange withdrawals pass through identity checks

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Australia’s July 1 AML/CTF deadline has turned regulated crypto transfers into a data workflow for exchanges and other virtual asset service providers. Users can still hold and move crypto in self-custody. The friction begins when funds pass through a reporting entity, where a transfer instruction can trigger identity, wallet, counterparty, secure-messaging, and record-keeping checks before … Read more