regulation
Sony Bank's Connectia Trust NA — a $40M NY trust chartered to issue a USD-pegged stablecoin — cleared OCC conditional approval on July 7. Operations targeted for 2027 after final sign-off.
protocol
Consensys launched MetaMask Money Account on June 30 on Monad, paying up to 4% variable APY on mUSD routed through Morpho vaults curated by Steakhouse Financial, with Mastercard spending.
The Foundation's monthly 40.63M ENA release hits July 2. Three days later a 171.88M cliff — 2.82% of circulating supply — arrives from the Core Contributors and Investors buckets.
regulation
FCA publishes final UK crypto rules June 30, 2026. Applications open Sept 30, close Feb 28, 2027; regime live October 2027; stablecoin capital floor cut from 2% to 1%.
infrastructure
BitGo CEO Mike Belshe announced on June 25, 2026 a ~15% headcount cut — about 90 jobs — and a refocus on security, trading, stablecoins, settlement and AI-powered infrastructure.
regulation
The Senate folded a four-year CBDC prohibition into a bipartisan housing bill on June 22; stablecoins are exempt. The bill now returns to the House before Trump's signature.
regulation
BoE policy statement on sterling-denominated systemic stablecoins removes individual holding caps, adds a temporary £40bn cap per issuer, raises gilt share of backing to 70%. Feedback by 22 Sept.
infrastructure
Mastercard's June 3 update lets issuers settle card flows on-chain in USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD across Ethereum, Solana, XRPL and five others.
regulation
A U.S. federal TRO in Newton AC/DC Fund v. Ermilov forced Circle to blacklist Zama's cUSDC contract at 01:08 UTC on May 30, 2026, locking 12.6M USDC.