
US Congress Circulates 7 Crypto Tax Bills Targeting Staking and Stablecoins
The House Ways and Means Committee circulated seven crypto tax drafts covering staking deferral, stablecoin purchases, and small transactions. A hearing is set for June 9.

The House Ways and Means Committee circulated seven crypto tax drafts covering staking deferral, stablecoin purchases, and small transactions. A hearing is set for June 9.

HKMA formed a 21-institution expert group — JPMorgan, HSBC, Clifford Chance, HashKey and others — to rewrite Hong Kong's regulatory framework for tokenized bonds, targeting global leadership in debt tokenization.

JPMorgan, Citi, BofA and Wells Fargo plan a shared blockchain deposit network via The Clearing House to compete with stablecoins. Launch set for H1 2027.

A security engineer used Anthropic's AI to uncover a four-year-old bug in Zcash's Orchard pool that could have enabled unlimited undetectable counterfeit minting. ZEC fell 30% on the news.

A Michigan couple bought a home by pledging Bitcoin as collateral — no sale, no capital gains bill. Better and Coinbase launched the first U.S. mortgage with government backing tied to crypto.

Goldman Sachs, Apex Group, Archax and LRC Group launched a blockchain-native real estate fund on GS DAP — the first time the platform moves beyond pilots into a real asset class.

Coinbase opened 24/7 USDC-settled perpetual futures on SpaceX with up to 5x leverage, days before the company's scheduled Nasdaq listing on June 12.

Tether and Fasset launched the world's first gold-backed Visa card: XAUT converts to fiat at checkout, pays up to 6% cashback in tokenized gold, backed by a $1M commitment from Tether.

Treasury Secretary Bessent confirmed to the Senate that the U.S. is building a Bitcoin reserve from seized assets and called for the CLARITY Act to pass by end of summer 2026.

Visa, Mastercard and Stripe are close to launching a joint stablecoin platform. Coinbase is also weighing in — its decision hinges on the renewal of its USDC partnership with Circle in August.

U.S. Treasury added Nobitex and three Iranian crypto exchanges to the SDN blacklist, severing up to 70% of the country's digital asset trading amid ongoing U.S. military operations against Iran.

The US securities regulator has named digital assets a formal strategic priority through 2030, targeting clearer rules for staking, tokenization, and resolving the SEC-CFTC jurisdictional divide.

Anthropic expanded Project Glasswing to 150 organizations across 15+ countries — including NATO, ENISA, Samsung, SK Telecom, and Okta — to use Mythos AI for hunting vulnerabilities in critical infrastructure.

OpenAI is turning Codex from a coders' tool into an AI for every job: role plugins, a Sites feature that builds apps from a description, and pinpoint annotations. Non-developers now adopt it three times faster.

Trump quietly signed an AI oversight executive order asking companies to voluntarily submit new models for government review 30 days before launch. The original draft called for 90 days but industry pushed back.

The CFTC has asked a federal court to void a $5M settlement with Gemini, saying the Biden-era enforcement case was politically motivated against the Winklevoss twins.

At Build 2026, Satya Nadella declared AI agents the new OS for work. Microsoft launched Copilot agents inside Office 365, an autonomous GitHub Copilot coding agent, and on-device Windows Local AI shipping June 9.

Ripple has launched its RLUSD stablecoin in Turkey via BiLira, Bitexen, and Bitlo. Turkey handles nearly $200B in annual crypto volume, driven by persistent inflation and dollar demand.

MoneyGram, the remittance giant serving 60 million customers, has launched MGUSD — its own dollar-backed stablecoin built on the Stellar blockchain.

Kalshi filed with the CFTC to self-certify perpetual futures for 12 altcoins — ETH, XRP, SOL, DOGE, and eight more — the broadest push yet to bring regulated crypto derivatives to the U.S.