The US Treasury has proposed new AML and sanctions rules for stablecoin issuers under the GENIUS Act. Issuers would be treated as financial institutions and required to block or freeze flagged transactions.
US Treasury Secretary Scott Bessent has urged the Senate to move forward with the CLARITY Act. The crypto market structure bill passed the House in 2025 but remains stalled in the Senate.
Yuga Labs has settled its lawsuit over the RR/BAYC NFT collection, ending a two year dispute. The agreement avoids a jury trial and bars use of its trademarks.
Solana is trading around $82 after ETF outflows and a shift to negative derivatives data. Technical indicators point to $77.12 as key support.
Polygon Labs is reportedly in talks to raise up to $100 million for a stablecoin payments venture. The move follows recent acquisitions and comes as stablecoin volumes continue to grow.
Six Swiss banks have launched a sandbox to test a Swiss franc-pegged stablecoin on Ethereum. The institutional initiative will run throughout 2026.