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July 21, 2026

Regulation

Russia’s Duma Passes Crypto Bill Tightening Control Over Domestic and Cross-Border Trading

Russia’s Duma passes bill to put crypto trading under licensed control Russia’s State Duma approved Bill No. 1194918-8 in its second and third readings on July 21, creating a licensed domestic system for crypto trading and cross-border settlements while keeping crypto payments inside Russia banned. Retail users would have to pass a test and face a 300,000-ruble annual limit through each intermediary, while from July 1, 2027 banks would block direct payments to unlicensed foreign exchanges; the bill still needs approval from the Federation Council and President Vladimir Putin.

Regulation

Circle shares rise after OCC approves national trust bank charter

Circle stock jumps 10% after OCC approves national trust bank charter Circle (NYSE: CRCL) rose about 10% on July 21 after CEO Jeremy Allaire said the company’s new OCC-approved national trust bank, Circle National Trust, will help it comply with the GENIUS Act and support wider institutional use of digital dollars. Allaire called it a landmark approval and said the charter lets Circle directly manage USDC and offer custody for stablecoins, digital assets and other tokenized assets before the law takes full effect in January 2027.

Court

MVMT Labs Chapter 11 Filing Sends MOVE to Record Low as Move Industries Distances Itself

MVMT Labs files Chapter 11 as MOVE hits record low MVMT Labs, the original developer of Movement, filed for Chapter 11 bankruptcy in Delaware on July 15, and the MOVE token fell days later to an all-time low of $0.0104. Court filings list $100,001-$1 million in assets against $1 million-$10 million in liabilities and 200-999 creditors. Move Industries, which took over ecosystem development in 2025, said it is a separate entity and continues to operate normally.

Regulation

BIS study says dollar stablecoins may weaken capital controls in emerging markets

BIS study says dollar stablecoins can bypass capital controls A Bank for International Settlements study of more than 130 economies found dollar-backed stablecoin inflows rise during macroeconomic stress, much like foreign-currency deposits, but show little response to capital controls or FX restrictions. The researchers said this points to a new form of “digital dollarization” that could undermine monetary sovereignty in emerging markets by letting users shift into dollars outside the banking system.

Infrastructure

XRPL v3.2.0 reaches 66% validator adoption ahead of July 29 amendment deadline

XRPL v3.2.0 reaches 66% validator adoption before July 29 amendment XRP Ledger’s v3.2.0 is now running on 99 validators, or 66% of the tracked set, and on 481 nodes, or 57.33% of the network, as the fixCleanup3_2_0 amendment heads toward a July 29, 2026 activation. The amendment already has 85.71% support, above the 80% threshold, and bundles maintenance fixes for vaults, lending and permissioned DEX functions; operators that stay on unsupported versions risk becoming amendment-blocked once it goes live.

Regulation

CFTC outlines penalty relief for self-reporting across derivatives and digital commodity markets

CFTC sets penalty relief framework for self-reporting, including crypto firms The CFTC has issued an enforcement advisory laying out how civil penalties may be reduced when firms self-report violations, cooperate with investigators, and take corrective action. The policy applies across CFTC-regulated markets, including derivatives and digital commodities, and does not create a crypto-specific exemption; incomplete, late, or post-investigation disclosures may receive less benefit.

Companies

Charles Schwab Reports Record $7.1 Billion Quarter and Expands Retail Crypto Trading

Charles Schwab posts record $7.1B quarter and launches retail BTC, ETH trading Charles Schwab reported record quarterly revenue of $7.1 billion, up 21% year over year, with adjusted EPS of $1.62 beating estimates near $1.55. Net income rose 32% to $2.8 billion, client assets hit $13.08 trillion, and Schwab also opened direct Bitcoin and Ethereum trading for retail clients for the first time. The stock was little changed near $102.91 after the report.

Regulation

India’s July 31 tax deadline highlights strict crypto reporting rules

India’s ITR deadline puts crypto reporting in focus India’s July 31, 2026 ITR deadline is approaching, and crypto investors must report all virtual digital asset transactions under Schedule VDA. Profits from selling or transferring crypto and NFTs are taxed at a flat 30%, transactions above the threshold attract 1% TDS, and losses cannot be offset against gains. Wallet transfers between addresses owned by the same person are exempt.

Companies

Metaplanet Subsidiary Bitcoin Japan Signs Financing Deal Worth Up to ¥9.66 Billion

Metaplanet unit Bitcoin Japan secures up to ¥9.66B financing Metaplanet said its subsidiary Bitcoin Japan signed a financing agreement with EVO Fund for up to ¥9.66 billion ($59.5 million), using zero-coupon convertible bonds and stock acquisition rights. Only ¥662 million (about $4 million) is earmarked for immediate Bitcoin purchases, while the rest is set aside for broader private equity and operational expansion.

DeFi

Morpho rolls out fixed-rate, fixed-term lending protocol Midnight on Base

Morpho launches Midnight on Base with fixed-rate, fixed-term loans Morpho has launched Morpho Midnight on Base mainnet, adding fixed-rate, fixed-term lending to its onchain credit network alongside Morpho Blue’s variable-rate markets. The protocol lets lenders and borrowers set their own rates, maturities and loan terms through competing offers rather than a utilization curve, with cbBTC and USDC supported at launch across multiple maturity dates.

Companies

Strike to stay independent after Twenty One and Elektron merger plan falls apart

Strike stays independent as three-way merger talks collapse Strike will remain a standalone company after a proposed merger with Twenty One Capital and Bitcoin miner Elektron Energy was scrapped, Bloomberg reported. Twenty One and Elektron are still in talks, while Tether — the majority shareholder in both companies — had previously planned to back the deal. Twenty One’s NYSE-traded shares were little changed in Tuesday premarket trading.

Mining

Malaysia Seized 75,578 Crypto Mining Rigs in Power Theft Crackdown

Malaysia seizes 75,578 crypto mining rigs in power theft crackdown Malaysian authorities seized 75,578 crypto mining machines in 3,049 raids from 2022 to May 2026 and arrested 629 people, Deputy Home Minister Shamsul Anuar told parliament. The operations, run with police and utility Tenaga Nasional Berhad, target electricity theft rather than crypto itself, as the energy ministry has linked about $1.1 billion in power losses to roughly 14,000 illegal mining sites over five years.

Regulation

Gate Europe CEO says MiCA costs could force some licensed crypto firms out of the EU

Gate Europe warns MiCA costs may squeeze some licensed crypto firms Gate Europe director Giovanni Cunti said some MiCA-licensed crypto companies in Europe may struggle to sustain the bloc’s compliance costs, arguing the stricter regime makes it harder for new entrants to compete and could push startups to launch elsewhere. ESMA’s register now lists 294 authorized crypto-asset service providers after 14 new additions, as the market shifts from thousands of operators to hundreds.

Security

Ostium plans trading restart after $23.75M Arbitrum liquidity vault exploit

Ostium targets trading restart this week after $23.75M vault exploit Ostium said it plans to resume trading this week, about five days after an attacker drained 23,752,746 USDC from its liquidity pool on Arbitrum. The exchange said it will give at least 24 hours’ notice and is running final checks with auditors and outside cybersecurity experts; when trading reopens, frozen positions will resume at the prevailing market price. Trader margin was not taken, but liquidity providers absorbed the loss and Ostium has not yet detailed compensation.

Regulation

Pakistan sets up FIA crypto unit as broader virtual asset rules take shape

Pakistan’s FIA launches crypto crime unit amid exchange licensing push Pakistan’s Federal Investigation Agency has created a dedicated cryptocurrency investigation unit within its National Command and Control Centre to target money laundering and terrorism financing tied to virtual currencies, while the Pakistan Virtual Assets Regulatory Authority oversees licensing and regulation. FIA official Dr Muhammad Athar Waheed said the NC3 will combine AML and crypto-investigation desks with Interpol coordination, cyber patrolling and dark web probes.

Tokenization

Maharashtra begins work on DELTA Act for blockchain-based property tokenization

Maharashtra moves to draft blockchain property tokenization law Maharashtra Chief Minister Devendra Fadnavis said the state has started work on the proposed Maharashtra Digitisation and Exchange of Land Token Asset Act, or DELTA Act, to create a legal framework for digitizing and exchanging tokenized interests in immovable property on blockchain rails. An expert committee including representatives from SEBI, BSE and NSE will draft the framework; if enacted, it would make Maharashtra the first Indian state with a law dedicated to blockchain-based property tokenization.

ETF & Funds

CoinShares launches Bitcoin mining UCITS ETF on Xetra, expanding access for institutions

CoinShares launches UCITS Bitcoin mining ETF on Xetra CoinShares has entered Europe’s €26.3 trillion UCITS fund market with the launch of its CoinShares Bitcoin Mining UCITS ETF on Deutsche Börse Xetra, opening the strategy to institutional investors such as pension funds, insurers and private banks whose mandates often bar them from buying crypto ETPs or debt securities. The firm said the UCITS platform will also be used to roll out more regulated digital asset and thematic funds.

Stablecoins

United Stables adopts Chainlink infrastructure after U stablecoin passes $1B supply

United Stables picks Chainlink as oracle for $1B U stablecoin United Stables has adopted Chainlink as the official oracle and cross-chain infrastructure for its U stablecoin after U passed $1 billion in circulating supply and more than $2.5 billion in daily trading volume. Chainlink Data Feeds and Proof of Reserve are now live, while United Stables said it plans to add CCIP to support future cross-chain transfers of U across blockchain networks.

Security

Allbridge Core says Solana pool exploit drained about $1.66 million

Allbridge Core exploit drains $1.66M from Solana liquidity pools Allbridge said a hacker used a flash loan to exploit swap logic in its Solana liquidity pools, draining about $1.66 million after skewing USDT pricing with five same-asset swaps and then trading 4,000 USDT for 2.24 million USDC. The bridge has resumed routes that do not rely on liquidity pools, plans to stop pool-based swaps, and said no user wallets, private keys or non-pool routes were affected.

Regulation

South Korea says it is coordinating to block unregistered overseas crypto operators

South Korea moves to block illegal overseas crypto operators South Korea’s Financial Services Commission said July 21 it is working with the Korea Communications Standards Commission to block access to unregistered overseas virtual-asset operators, citing money-laundering risks and the need to protect domestic users. The FSC denied the two agencies had delayed reviews or shifted responsibility, after local media reported illegal exchanges were being left unchecked.

Regulation

UK Parliament investigates banks’ treatment of crypto businesses and payment limits

UK Parliament opens inquiry into banks’ treatment of crypto firms A cross-party group of UK lawmakers has launched an inquiry into whether banks have unfairly denied crypto firms access to banking services, closed accounts, or imposed disproportionate limits on crypto-related payments. The review will collect evidence from banks, fintechs and digital asset companies before issuing recommendations to the government, as the UK continues building its digital asset rules.

Regulation

Russia Set for Final Vote on Crypto Trading Rules While Keeping Payment Ban

Russia to vote July 21 on regulated crypto trading framework Russian lawmakers are set to hold a final vote on July 21 on a bill that would legalize regulated cryptocurrency trading under Bank of Russia oversight while keeping crypto banned for domestic payments. The draft would let licensed exchanges, brokers and custodians operate, cap non-qualified investors at 300,000 rubles a year, and expand the use of digital assets for cross-border settlements. If passed, it could take effect on September 1.

Web3

ENS DAO activates two-year Security Council to veto malicious governance proposals

ENS DAO installs new Security Council with veto power over malicious proposals ENS DAO has activated a new eight-member Security Council that can cancel malicious governance proposals during the protocol’s two-day timelock before execution. The council operates as a five-of-eight multisig, cannot move treasury funds or rewrite proposals, and its mandate runs until July 16, 2028. ENS said the backstop is meant for attacks involving stolen credentials, fraud, vote buying or flash loans, not disputed policy decisions.

Prediction Markets

Hyperliquid rolls out HIP-4 to open prediction market creation beyond validators

Hyperliquid unveils HIP-4 for permissionless prediction markets Hyperliquid said on July 20 that its HIP-4 upgrade will let qualified deployers launch outcome-based prediction markets using validator-approved on-chain templates, ending validator-only deployment. Deployers must stake 500,000 HYPE for six months, can be slashed for failed settlement or quitting, and start with a 100-outcome limit; settlement quotes will use AQAv2 only. HYPE traded around $60, down about 1% on the day.

Court

Washington judge moves to halt Kalshi sports contracts under state gambling law

Washington court blocks Kalshi sports event contracts in state A Washington state court granted a preliminary injunction against Kalshi, temporarily barring it from offering sports-related event contracts in the state after finding the platform “offers illegal gambling activities” and solicits bets from Washington consumers. The judge said the Commodity Exchange Act does not preempt Washington law; the order could take effect no earlier than Aug. 5 after further briefing due by Aug. 3.

Security

FBI arrests Florida man over malware hidden in Steam game updates

FBI arrests Florida man over malware hidden in eight Steam games Federal prosecutors say 21-year-old Zyaire Wilkins of North Lauderdale, Florida, paid for infostealer malware that was later pushed through updates to eight Steam games, infecting about 8,000 computers and stealing crypto over roughly two years. Investigators traced about $382,000 in crypto flows and more than 150 Bitrefill gift cards, many used for Uber Eats orders; Wilkins faces a charge that carries up to 10 years in prison.

Court

FTC settles with two Celsius co-founders for $6.5 million over customer deception claims

FTC settles with two Celsius co-founders for $6.5 million Celsius co-founders Shlomi Daniel Leon and Hanoch “Nuke” Goldstein agreed to pay a combined $6.5 million to settle FTC claims that they misled customers about the safety, availability and management of funds deposited with the failed crypto lender. Leon will pay $4.1 million and Goldstein $2.4 million under separate court orders, while both also face restrictions on future conduct tied to crypto products and consumer data.

Prediction Markets

Polymarket sends nearly 100 wallets to law enforcement over suspicious trading activity

Polymarket refers nearly 100 wallets to law enforcement Polymarket has sent nearly 100 crypto wallets to law enforcement as it steps up monitoring for possible insider trading, Chief Legal Officer Neal Kumar said. A Bloomberg analysis flagged about $200 million in first-half 2026 trades with patterns associated with informed activity, mostly in geopolitical markets. The referrals do not prove wrongdoing or mean charges will follow, but recent U.S. cases tied to Venezuela and Google-linked wagers have intensified scrutiny.

Security

New Zealand police warn of crypto scam using fake detectives and spoofed calls

New Zealand warns of police impersonation scam targeting crypto wallets New Zealand police say scammers posing as detectives and crypto company staff have stolen millions from wallet holders in recent weeks. Detective Inspector Stuart Mills said callers claim a victim’s personal details were found on someone recently arrested, then a fake company representative pushes for passwords or seed phrases, sometimes via a spoofed app site. Police said real officers will never ask for wallet details, PINs or seed phrases.

Regulation

Vietnam sets fines and suspensions under pilot crypto market decree

Vietnam sets crypto fines and license suspensions under pilot market rules Vietnam has issued Decree No. 284/2026/NĐ-CP, imposing penalties across its pilot crypto market framework from Sept. 1, 2026, including fines of up to VND200 million for organizations and VND100 million for individuals, license suspensions, asset confiscation, and 1–12 month operating bans for violations such as unlicensed crypto activity, reporting failures, and AML/CTF breaches. The rules also require issuers and service providers to be licensed, fine retail investors for trading outside licensed platforms, and mandate refunds or repayment of illegal profits within set deadlines.

Companies

SBI Holdings completes majority acquisition of Singapore crypto exchange Coinhako

SBI Holdings completes majority acquisition of Singapore crypto platform Coinhako SBI Holdings completed its majority acquisition of Coinhako on July 16 after winning Monetary Authority of Singapore approval, making the exchange a consolidated subsidiary through its SBI Ventures Asset Pte. Ltd. unit. The deal combined a capital injection into Holdbuild Pte. Ltd. with share purchases from existing investors, advancing SBI’s push to expand its digital asset business from Japan into Southeast Asia.

Court

SEC alleges Mining Automatic and owner raised $22 million in crypto mining fraud

SEC sues Mining Automatic and owner over alleged $22M crypto mining fraud The SEC sued crypto mining firm Mining Automatic and owner Zan Shaikh in federal court in Massachusetts, alleging they raised more than $22 million from over 380 investors for a mining operation but spent only about 13% on actual mining between June 2023 and May 2025. The agency says most of the money went to marketing, Shaikh’s personal spending and unrelated businesses; both defendants agreed to partial settlements without admitting or denying the allegations.

Regulation

BSP reviews remaining InstaPay fees after banks move to free transfers

BSP reviews GCash, Maya and others over remaining InstaPay fees The Bangko Sentral ng Pilipinas is checking whether financial institutions and e-wallet operators still charging for InstaPay transfers comply with Circular No. 1238, after providers including GCash and Maya cut fees to ₱10 but did not remove them. Deputy Governor Mamerto Tangonan said firms were asked to submit cost breakdowns to justify charges beyond minimal switch costs of about ₱1.50, and penalties remain possible after the review.

July 20, 2026

ETF & Funds

Ether ETFs Lead Weekly U.S. Crypto Fund Inflows as Bitcoin Products Recover

Ether ETFs top bitcoin funds in weekly inflows U.S. crypto ETFs ended July 13–17 in positive territory after a sharp Monday reversal, with ether funds leading the week at $105.44 million in net inflows versus $75.67 million for bitcoin products. BlackRock’s IBIT added $204.1 million, while Fidelity’s FBTC lost $181.1 million; HYPE ETFs saw $7.26 million in net outflows, and XRP and Solana funds posted modest gains.

Infrastructure

Cardano Activates Van Rossem Hard Fork, Moving Mainnet to Protocol Version 11

Cardano activates Van Rossem hard fork on mainnet Cardano has activated the Van Rossem hard fork on mainnet at Epoch 644 on July 18, moving the network to Protocol Version 11. The upgrade requires Cardano Node v11.0.1 or later, and Cardano describes it as its first hard fork fully enacted through on-chain governance, making it a key test of the network’s push to coordinate major protocol changes through its decentralized governance framework.

Regulation

Bank of Korea to Expand CBDC Pilot to 500,000 Users in September

Bank of Korea expands CBDC pilot to 500,000 users in September The Bank of Korea will start Phase 2 of Project Hangang in September, expanding its CBDC pilot from seven to nine banks and raising the user cap to 500,000 for live deposit-token payments. The new phase adds biometric payments, person-to-person transfers and, for the first time, government subsidy disbursements using programmable tokens, as the central bank says it is laying the groundwork for commercialization after Phase 1 saw 81,000 wallets and 114,880 transactions.

Regulation

Tinubu signs order to unify Nigeria’s crypto oversight and tax coordination

Tinubu signs order to unify Nigeria’s crypto oversight Nigerian President Bola Ahmed Tinubu signed an executive order on Friday to harmonize virtual asset regulation, create a virtual asset council led by top financial regulators, and tighten coordination among financial, tax and capital markets agencies. The order keeps existing agencies’ powers intact, while aiming to close oversight gaps that let unregistered operators evade regulation and to strengthen fraud protection without stifling innovation.

Companies

Hut 8 Rallies After Signing $9.8 Billion Lease for Texas AI Data Center Expansion

Hut 8 signs $9.8B Texas data center lease, shares jump Hut 8 shares rose as much as 14% to $104.51 after the Bitcoin miner and AI infrastructure company signed a 15-year, $9.8 billion lease for Phase 2 of its Vega Point campus in Texas. The same investment-grade customer that took Phase 1 will add 352 megawatts of Nvidia-based AI computing capacity, bringing its total contracted capacity to 704 megawatts and fully commercializing the site’s 1-gigawatt power capacity.

Security

Zilliqa reports ZIL theft from exchange partner cold wallet as transfers are halted

ZIL transfers paused after exchange partner cold wallet theft Zilliqa said Monday that an unspecified amount of ZIL was stolen from the cold wallet of one of its exchange partners, prompting a call to temporarily pause deposits and withdrawals to stop the funds being moved through centralized platforms. Coinone and KuCoin halted ZIL transfers, while the token fell to an all-time low of $0.002441 as Zilliqa said its investigation is ongoing.

Regulation

Lummis Says CLARITY Act Would Shield Customer Crypto in Exchange Bankruptcies

Lummis says CLARITY Act would protect customer crypto in exchange failures Sen. Cynthia Lummis said the CLARITY Act would make customer cash and digital assets legally remain customer property if a covered crypto intermediary fails, closing a gap exposed by the Celsius and Voyager bankruptcies. The bill would require segregation of customer assets and generally bar brokers, dealers and exchanges from using them without authorization; it has passed the House but not the Senate.

Regulation

Vietnam to fine users up to $1,900 for trading on unlicensed crypto platforms

Vietnam sets crypto fines of up to $1,900 for unlicensed platform use Vietnam will fine domestic investors 30 million-50 million dong ($1,140-$1,900) for trading on crypto platforms without Ministry of Finance approval from Sept. 1 under Decree 284/2026/NĐ-CP. The rules, signed July 16, also impose penalties for unlicensed crypto services, unauthorized marketing, AML failures and improper data handling as Vietnam prepares to launch its pilot regulated crypto market, which Deputy Finance Minister Nguyen Duc Chi said could begin in Q3 2026.

Infrastructure

Aurora mainnet goes offline after block production stops, with no immediate recovery timeline

Aurora mainnet halts block production, suspending transactions Aurora’s mainnet went fully offline early July 20 after block production stopped at 02:16:11 UTC, halting transactions and smart contract execution on the NEAR-based EVM network. Onchain Lens flagged the outage, while Aurora had not released a technical explanation or recovery timeline for several hours after the crash, leaving all onchain activity paused.

Regulation

EU’s MiCA regime has yet to approve any tokenized gold products

EU’s MiCA approved zero gold-backed tokens in two years The EU created a MiCA category for gold-backed crypto under its asset-referenced token rules, but has approved none since the regime took effect in 2024. That leaves the $4.4 billion PAXG and XAUT market operating outside the bloc’s regulatory perimeter, with Europeans accessing tokens via offshore venues, self-custody, or issuer workarounds rather than MiCA-backed redemption rights and protections. Brussels is now reviewing whether to soften, scrap, or keep the ART framework, a decision that could determine whether tokenized gold finally enters the EU rulebook or stays in a legal gap.

Regulation

Brazil’s CVM launches task force to draft tokenized securities framework

Brazil’s CVM sets up working group for tokenized securities rules Brazil’s securities regulator CVM has created a working group to draft an experimental framework for tokenized securities, targeting core issues including ownership records, private key custody, transaction reversibility and system liability. A first proposal is due within 60 days of the group’s installation, with a broader review set for 120 days and a possible 30-day extension.

Regulation

Russia’s Duma set for final readings on crypto regulation bill

Russia’s Duma to hold final votes on crypto regulation bill Russia’s State Duma is set to take the second and third readings Tuesday on bill No. 1194918-8, “On Digital Currency and Digital Rights,” which would set investor limits and rules for cross-border crypto payments. The draft caps non-qualified investors at 300,000 rubles a year in purchases through one intermediary and 100,000 rubles in transfers abroad; the main provisions would take effect Sept. 1 if passed.

ETF & Funds

Grayscale moves to add quarterly cash payouts from ETHE and GSOL staking rewards

Grayscale targets quarterly cash payouts from ETHE and GSOL staking rewards Grayscale plans to amend its ETHE and GSOL trusts to distribute net cash from staking rewards at least quarterly, with the changes expected around August 7, 2026. Under the proposal, each fund would sell the ETH or SOL earned from staking and pay shareholders the remaining proceeds after expenses, fees and taxes; payout dates and amounts are not fixed.

Regulation

FATF says gaps in crypto rules and Travel Rule adoption still enable illicit finance

FATF flags stablecoin misuse and offshore crypto firms in new global review The Financial Action Task Force said in its 7th update on virtual asset rules that 11 jurisdictions are still developing crypto regulations and Travel Rule measures, leaving gaps criminals can exploit. FATF warned in particular about offshore VASPs in weak regimes and the misuse of stablecoins, citing a Cambodia-based money-laundering node that issued a token marketed as immune to asset freezing.

Infrastructure

XRPL Validators Set to Vote on Upgrade Adding Batch Transactions and Confidential Transfers

XRPL validators to vote on batch transactions and confidential transfers XRP Ledger validators are expected to begin voting in about two weeks on a package of protocol amendments that would add batch transactions, confidential transfers, sponsored fees and reserves, permission delegation, dynamic Multi-Purpose Tokens, and a bug fix. XRPL validator Vet said the release also includes major performance optimizations aimed at improving node efficiency and network reliability.

ETF & Funds

US spot-Bitcoin ETFs post second straight week of inflows after long outflow streak

US spot-Bitcoin ETFs log second week of net inflows US-listed spot-Bitcoin ETFs took in a net $75.7 million last week after $197.4 million the week before, marking a second straight week of inflows after eight weeks of outflows. The 13 funds briefly saw a $424.7 million one-day withdrawal as US-Iran military clashes resumed, but flows recovered, a shift DACM chairman Richard Galvin said supports the view that the market may be finding a bottom.

Tokenization

BNB Chain Becomes Largest Network for Franklin Templeton’s $1.5B BENJI Fund

BNB Chain becomes largest network for Franklin Templeton’s BENJI fund Franklin Templeton has expanded its $1.5 billion BENJI tokenized money market fund to BNB Chain, which now holds about $1.5 billion of BENJI assets, or 61.71% of the fund’s total value, after 1,226% monthly growth, data from RWA.xyz shows. The shift pushed Stellar to second place with $583 million, or 23.76%, as Franklin Templeton continues turning BENJI into a multi-chain product.