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Coinbase vice president of US policy Kara Calvert said the CLARITY crypto market structure bill could move to a Senate Banking Committee markup as early as next week.

Crypto companies are increasingly pursuing US bank charters as the industry shifts toward regulated financial infrastructure and closer integration with the traditional banking system, executives said at Consensus Miami 2026.

Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million as the Kraken parent company expands deeper into stablecoin payments and business infrastructure services.

Bridge and Deus X Capital executives said large corporations and AI-powered payment systems are likely to drive the next major phase of stablecoin adoption across global finance.

Memecoin traders fuelled speculation around hantavirus-themed crypto tokens after some users on X suggested a potential virus outbreak could trigger another retail-driven trading surge similar to the crypto boom seen during the COVID-19 pandemic.

Ethereum saw its share of total decentralised finance value locked fall below 54%, marking its lowest level since May 2025 as rival blockchain ecosystems continued gaining traction.

Coinbase reported a second consecutive quarterly loss after posting a $394 million net loss for the first quarter of 2026 amid weaker crypto trading volumes and softer market conditions.

The Bank of England signalled it may revise parts of its proposed stablecoin framework after backlash from crypto companies and digital asset advocates who warned the rules could undermine the competitiveness of sterling-backed stablecoins.

Political action committees linked to crypto-backed Fairshake spent roughly $7.2 million supporting congressional and Senate candidates in Georgia, Alabama, Nebraska, Kentucky and Texas ahead of crucial US primary elections.

South Korean cryptocurrency exchange Bithumb has partnered with SSI Digital to pursue opportunities within Vietnam’s upcoming regulated digital asset exchange framework.

AE Coin and USD Universal are developing a regulated framework enabling near-instant conversion between UAE dirham- and US dollar-backed stablecoins within the United Arab Emirates’ payment token system.

World Liberty Financial, the decentralised finance project linked to the Donald Trump family, has secured overwhelming approval for a governance proposal restructuring the vesting schedule of its WLFI token supply.