California regulators are using enforcement cases to outline a clearer supervisory playbook for crypto ATM operators, emphasizing consumer protections, operational controls, and AML compliance. The latest settlement involves Anh Management, LLC (Hermes Bitcoin), which agreed to stop running digital financial asset kiosks in the state after alleged violations tied to DFAL, CCFPL, and federal AML requirements.

On June 2, 2026, the European Banking Authority (EBA) and the New York State Department of Financial Services (NYDFS) signed a Memorandum of Understanding setting out cooperation on cross-border stablecoin oversight. The arrangement covers information sharing and supervisory coordination on topics such as reserve assets, liquidity, governance, stress testing, ICT systems, and investigations. It is intended to support supervision of entities whose stablecoin-related activities could affect holders, market participants, or financial markets in the EU or New York.

On June 5, 2026, JPMorgan, Bank of America, Citigroup, and Wells Fargo were reported to be building a shared blockchain network to tokenize corporate deposits, with a targeted launch in the first half of 2027. In parallel, Stripe, Visa, and Mastercard are assembling stablecoin-based payment infrastructure after acquisitions totaling $2.9B, aiming to push cross-border B2B costs below 0.1% per transaction. Coinbase’s USDC revenue arrangement with Circle, described as generating over $900M annually, is set to expire in August 2026 and could influence which system gains traction.

A group of major U.S. banks is preparing a shared tokenized deposit network targeted for a 2027 rollout, aiming to move bank deposits on-chain with always-on settlement. The project is being organized through The Clearing House, while JPMorgan is already operating JPM Coin on Coinbase's Base for institutional users and a separate Cari Network is targeting a Q4 2026 retail launch.

Texas regulators said on June 3 they issued an emergency cease-and-desist order against BG Wealth Sharing LTD and DSJ Exchange PTY Ltd over an alleged crypto investment and MLM operation aimed at state residents. The order cited claims including 60% monthly returns, principal protection and a 99.6% trading success rate, alongside withdrawal frictions such as an about-20% handling fee and a later 12% charge tied to taxes and account transfers.

Ripple said on June 4 that its U.S. dollar-backed stablecoin Ripple USD (RLUSD) can now move natively across supported blockchain ecosystems using Wormhole's Native Token Transfers (NTT). The change is positioned to widen compliant USD liquidity access for developers and institutional users across payments, tokenization, and on/off-ramps. Ripple's transparency report lists RLUSD at $1.731 billion in circulation as of May 28, backed by $1.833 billion in reserves.

Pred, a peer-to-peer decentralized sports trading exchange built on Base, opened its platform to the public on June 4 after an eight-week private beta generated $5 million in notional volume. The company says the rollout is timed for the opening match of the 2026 FIFA World Cup and highlights onchain USDC settlement at 200 milliseconds, with markets resolving in three minutes.

Jupiter said it launched Forecast on June 4, 2026 as a fully Solana-native prediction market that plugs into its Jup Predict interface and routes trades to competing market makers rather than a single liquidity pool. The product will begin with 15-minute crypto price prediction markets and later expand into additional market types. At the time of writing, JUP was down 9.65% in 24h at $0.1856, while SOL fell 5.23% to $69.12.