SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in Cherry Picking Case
The Securities and Exchange Commission today moved for entry of a final judgment by consent against Stephen Kenneth Leech II, the former cochief investment…
UK names 6 banks to lead first digitally native government bond
The DIGIT pilot will test distributed ledger technology and onchain settlement for UK sovereign debt, with issuance expected by the first quarter of 2027.…
Trump waives rules on red-dyed diesel, but local tax and other concerns remain
Highway drivers will be allowed to use a reddyed farm fuel that’s taxexempt through the end of 2026. Source：MarketWatch
How Meta’s stock can surge to $1,000, according to the biggest bull on Wall Street
A Wells Fargo analyst warns of a nearterm profit hit from AI infrastructure spending and legal costs — but thinks that will set up massive gains by 2028.…
Bill aims at stopping US lawmaker bets on their own elections ahead of midterms
The No Betting on Your Own Race Act will not be addressed before the 2026 US midterms as Congress is on recess until after the election. Source：Cointelegraph
Affluent investors seen boosting crypto exposure: Survey
Most affluent investors across seven countries own and are increasing their crypto holdings despite financial advisers who remain overly cautious about digital…
ECB policymaker warns of fragmentation without digital euro
A ECB executive board member said the potential introduction of a digital euro ”would not to take over the role of banks,” but ensure they have a role in the…
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an…
Ethereum’s Glamsterdam upgrade launches on Sepolia testnet
Sepolia marks one of the final major rehearsals before the final activation of Glamsterdam, aimed at bringing more efficiency and scalability to the Ethereum…
Prediction markets are coming for pop culture
What to know before buying event contracts around your favorite reality shows and entertainers. Source：MarketWatch
OKX exchange raises fresh capital at $25B valuation
OKX raised an undisclosed amount at a $25 billion valuation as an extension to March’s investment round led by the parent company of the New York Stock…
Capital starting to rotate back to crypto from AI: Raoul Pal
Real Vision founder Raoul Pal says a pause in the AI stock rally could help crypto attract capital, while AI agents are likely to boost Ethereum and Solana…