Senate Banking Committee Chair Tim Scott said on June 11 that advancing the CLARITY Act is part of building consumer protections and reinforcing U.S. financial leadership, including through stablecoin regulation. He argued that stablecoins backed by dollars or U.S. Treasuries can increase demand for the dollar, while clearer crypto rules could improve payments and reduce transaction costs. The measure still needs Senate passage, reconciliation with the House version, final approval in both chambers, and the president’s signature before it can become law.

Blockworks said it has acquired crypto data rival Messari, creating a combined platform that covers more than 40,000 digital assets. The purchase followed Blockworks’ Series A extension that valued the company at $192 million, though the deal terms were not disclosed. Blockworks said Messari’s products will continue, with plans to expand coverage, strengthen APIs, and develop AI-focused workflows.

CryptoRank datasets published on June 12 indicate crypto fundraising is moving toward fewer, larger late-stage checks and weaker token reactions. Over the last 12 months, Solana-led public fundraising totaled $884M versus Ethereum's $529M, while Series B+ and Strategic funding reached $6.47B in 2026 YTD across 139 rounds. CryptoRank also tracked five live-token projects raising in the past two weeks, with four of five tokens trading below their round-date prices.

A Sky governance proposal posted on June 11 seeks to raise the LITE-PSM-USDC-A pre-minted DAI buffer and DC-IAM gap from 400 million to 800 million. The plan cites USDC reserves of 4.13 billion, up 108% since the October 7, 2024 recalibration, and would increase daily refresh capacity to 1.6 billion and serving capacity to 2.4 billion. The Core Facilitator team has cleared the change for an Executive Vote on June 12, but it still requires formal approval to take effect.

Trust Wallet has introduced support for bStocks, letting eligible users gain price exposure to U.S.-listed equities such as Nvidia and Tesla directly from a self-custody wallet without a traditional brokerage account. The company says bStocks can be used across BNB Chain DeFi while continuing to receive dividend-related economics, though the tokens do not represent direct share ownership. Access is restricted in the U.S., UK, and EU, even as tokenized equities activity and regulatory attention increase.

Kraken has introduced deposit and withdrawal support for USDCx on the Canton Network, widening its connectivity to institutional-oriented stablecoin rails. USDCx is presented as a Canton-native token backed 1:1 by USDC held in Circle's xReserve on Ethereum, and the exchange said the change was detailed in a June 11 product update.

On June 12, 2026, Mantle said it listed SPCXx, a tokenized SpaceX equity issued by xStocks, enabling 24/7 on-chain trading and liquidity provision on Mantle starting the day SpaceX completes what it calls the largest IPO in history. Fluxion will offer issuer-direct minting using xStocks' Atomic RFQ to avoid AMM slippage, while Merchant Moe launched Project X with up to 100,000 MNT rewards beginning with the SPCXx/USDT0 pool.

A U.S. appeals court affirmed Sam Bankman-Fried's fraud conviction and rejected his claim that FTX customers could have been made whole if Alameda Research's investments kept rising. In a June 12 decision, the Second Circuit upheld the seven-count verdict, a 25-year prison sentence, and an approximately $11 billion forfeiture order tied to FTX's collapse.