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The Block

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White House clears review of rule that could open path for crypto in $10 trillion 401(k) market
OIRA completed a review of a Labor Department rule, potentially allowing crypto and private equity in the $10 trillion 401(k) market. ...

Elon Musk taps former Base, Aave exec Benji Taylor to lead design on X
This comes as X is developing X Money, a payments system that is set to integrate cryptocurrencies into the platform....

US court rejects crypto dev’s lawsuit seeking safe harbor for non-custodial software
Coin Center noted that this reflects significant legal uncertainty that persists for developers of non-custodial blockchain software....

US indicts Chinese nationals using crypto in global fentanyl trafficking
Authorities said customers sent crypto to wallets controlled by the defendants, with funds later moved to overseas financial institutions....

Coinbase again declines to support updated Clarity Act draft: report
Its dissent still centers on the bill's language that would prevent platforms from paying yield on stablecoin holdings....

Circle unfreezes one of 16 blacklisted USDC wallets following backlash: ZachXBT
Onchain investigator ZachXBT flagged that Circle unfrozen the USDC balance held in one of the 16 wallets targeted in an earlier action....

Mastercard set to be crypto-fiat ‘network connector’ following BVNK acquisition: Mizuho
Mizuho maintained its outperform rating and kept a price target of $666 following news of Mastercard's BVNK acquisition....

Lawmakers weigh tokenization push as SEC preps innovation exemption plan
Lawmakers signaled growing acceptance that traditional markets are moving toward tokenization, and had concerns about protecting investors....

UK’s Starmer backs pause on crypto political donations, citing ‘illicit finance’ risks
The proposal would force UK political parties to unwind any crypto donations received once the rules take effect....

Franklin Templeton taps Ondo Finance to tokenize five equities and gold ETFs
The new onchain products are geared for a crypto-native audience who prefer to access their investments through a digital wallet....