by Michael
Key TakeawaysTaiwan 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... 
by Michael
Key TakeawaysCircle shares fell 16.5% on June 30, 2026, after Open Standard unveiled the OUSD stablecoin.Coinbase and Blackrock are among 140 backers of OUSD, pressuring Circle’s USDC reserve income.Circle’s Coinbase distribution deal renews in August as OUSD targets... 
by Michael
Key TakeawaysThe 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... 
by Michael
Key TakeawaysOpen Standard launched Open USD on June 30 with more than 140 partners including Visa.Coinbase, Stripe and Mastercard back the coin, which charges no mint or redeem fees.Open USD goes live later in 2026 as Blackrock projects a $1.5 trillion stablecoin... 
by Michael
Key TakeawaysFlare 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... Translate »
