Fidelity Launches Stablecoin Fund with 0.25% Fee
Fidelity launches FYMXX, a government money market fund for stablecoin issuers, targeting the $315B market with a 0.25% fee. @Fidelity joins State Street and Blackrock. #Update #Crypto
Fidelity launches FYMXX, a government money market fund for stablecoin issuers, targeting the $315B market with a 0.25% fee. @Fidelity joins State Street and Blackrock. #Update #Crypto
@Ledn adds Tether Gold ($XAU₮) as collateral for loans, allowing borrowers liquidity without selling their gold-backed assets. Excludes Canada and EU residents. #Update #Crypto
Charles Schwab partners with Cboe Global Markets to launch S&P 500 prediction markets, focusing on financial benchmarks rather than sports or entertainment. Rollout expected in coming months. #Update #Finance
@WhiteBIT has received a MiCA license from Austria’s Financial Market Authority, enabling regulated crypto services across the EU. The deadline for legacy registrations is July 1. #Update #Crypto $BTC $ETH
Nine European regulators, including Belgium and France, vow joint action against unlicensed prediction markets during the World Cup. Kalshi and Polymarket face scrutiny. #Breaking #Legal
Rep. Bryan Steil introduces the Stop Lawmakers from Predicting Act, banning Congress members from betting on prediction markets, amid scrutiny of platforms like Kalshi and Polymarket. #Update #Legal
Malta Financial Services Authority opens DeFi consultation paper exploring DAOs and MiCA interaction, seeking feedback by July 10, 2026. #Update #DeFi
Wisconsin Representative Bryan Steil introduced the Stop Lawmakers from Predicting Act to bar Congress members and their families from wagering on political outcomes, excluding White House officials. #Update #Legal
OpenAI is reportedly stealth testing GPT-5.6 in ChatGPT, sparking user excitement over improved outputs and longer response times, with a rumored official release next week. #Update #AI
Bitcoin dropped below support as US-Iran talks were postponed, triggering a derivatives market liquidation flush amid thin liquidity. #Update #Crypto $BTC
@CharlesSchwab is set to introduce a binary options contract for the S&P 500 in collaboration with @CboeGlobalMarkets, marking its entry into prediction markets. #Update #Crypto $SPX
@FranklinTempleton has filed for two ETFs that convert US stock dividends into Bitcoin exposure, launching with a 5% Bitcoin allocation. #Update #Crypto $BTC
Nvidia plans a $20 billion bond sale to finance AI expansion, prompting Bitcoin miners to pivot towards AI infrastructure amid tightening mining margins. Ripple invests in Flutterwave for African payments. Sam Bankman-Fried loses appeal on fraud conviction. #Update #Crypto $BTC
@24X National Exchange has filed an SEC proposal to allow tokenized trading of Russell 1000 stocks and ETFs, marking a step towards integrating blockchain in traditional markets. #Update #Crypto