5-26
Bank of England and FCA Open Consultation on UK Tokenized Wholesale Markets
On May 26, 2026, the Bank of England and the Financial Conduct Authority published a joint consultation setting out a shared approach to tokenized wholesale financial markets in the UK. The Call for Input seeks views on tokenized assets, DLT-based settlement and collateral processes, and prudential treatment, as regulators also reiterated plans linked to a 2028 synchronization service and a pilot tokenized gilt (DIGIT).
USDC
USDC-0.02%
5-26
5-26
Senate's CLARITY Act draft drives AI-routed DeFi models for stablecoin yield
On May 25, 2026, a proposed U.S. Senate CLARITY Act draft was described as pushing crypto firms to redesign stablecoin yield products around AI-driven, transaction-based DeFi strategies instead of passive interest. The draft would extend limits beyond issuers to exchanges, brokers, and custodians, effectively preventing traditional APY on idle dollar-backed stablecoin balances. Firms are exploring "Yield-as-a-Service" structures where AI agents route liquidity across protocols to earn fees and incentives, a shift analysts say could raise complexity and retail risk.
USDC
USDC-0.02%
5-26
5-26
Socket Flags 'Trapdoor' Supply-Chain Malware in 34 Dev Packages Across 384 Versions
Socket investigators say a supply-chain campaign dubbed "Trapdoor" used malicious packages on npm, PyPI, and Crates.io to target crypto developers, aiming to steal wallet keys and other secrets. The firm reported the activity began with waves of package releases on May 22 and continued with updates over the following weekend, affecting 34 packages across 384 versions, some of which remained available.
BTC
BTC+0.04%
5-26
5-26
Polymarket faces deeper scrutiny as CFTC suspensions raise oversight questions
Prediction markets have expanded quickly as politically connected firms gained faster regulatory access, intensifying scrutiny around fairness and consumer protection. Monthly prediction-market volume rose from below $100 million in early 2024 to more than $13 billion by late 2025. Inside the CFTC, reported suspensions and staff departures added to concerns over how reviews and enforcement are being handled.
ETH
ETH-0.29%
5-26
5-26
Babylon proposes Aave V4 Spokes to enable native BTC-backed borrowing without wrapped Bitcoin
Babylon Labs has submitted a temperature-check proposal to integrate with Aave V4, aiming to let users lock native BTC on Bitcoin and borrow assets via Aave without wrapped BTC, bridges, or custodians. The design uses Taproot-based vault scripts and introduces a non-transferable accounting asset, vaultBTC, to represent BTC locked in Babylon vaults as collateral within approved Aave contracts. Aave founder Stani Kulechov endorsed the idea on X and said Babylon has more than $4bn in BTC staked that could eventually be used as collateral.
AAVE
AAVE+2.14%
5-26