Wells Fargo boosted Blackrock Ether ETF holdings by 63% to 1.1M shares by March 31. Wells Fargo cut Galaxy Digital exposure by 97% while adding $41.6M to Strategy shares. Bitcoin ETF holdings shifted in Q1 2026 as Wells Fargo diversified crypto exposure.
In March 2026, China's CIPS processed approximately $214 billion as Iran and Russia exited dollar markets. Iran's IRGC is reportedly demanding crypto or yuan for 20% of global oil transit. Chainalysis reports sanctioned crypto use hit $154 billion in 2025, fueling a permanent shift to the yuan. The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned nations accelerates a move away from the U.S. dollar.
According to an indictment, the men, along with another suspect, posed as UPS, pizza delivery and DoorDash drivers to gain access to victims' homes. Prosecutors allege they were armed with guns, duct tape and zip ties, and in at least one incident forced a victim to give up cryptocurrency account information while threatening to cut off the victim's finger.
JPMorgan filed with the SEC to launch JLTXX, its 2nd Ethereum tokenized fund, via Kinexys Digital Assets. JLTXX must hold 100% short-term U.S. Treasuries, aligning with GENIUS Act stablecoin reserve rules. Blackrock's BUIDL surpassed $2.8B in AUM by early 2026, setting the pace in tokenized Treasury competition.
KDDI will subscribe to 28,536,516 newly issued ordinary shares of Coincheck Group at $2.28 per share. The transaction is expected to close in June 2026. As part of the agreement, KDDI gains the right to nominate one non-executive director to Coincheck Group's board at the next Annual General Meeting, anticipated in September 2026. KDDI also receives registration rights for the acquired shares.
The bearish trend reversed in 2024 with a 30.5% gain, driven by renewed institutional interest and ETF momentum across the crypto sector. That trend continued into May 2025 with a modest 6% gain. Now in 2026, Solana has already posted gains of about 15%-the second-best May performance in SOL's history.
Schumer publicly backed crypto legislation, saying Democrats want a good crypto bill to pass in 2026. The GENIUS Act passed the Senate 68-30 in 2025, with 18 Democrats voting yes despite Schumer's earlier resistance. Senate Banking Chair Tim Scott has targeted a CLARITY Act markup for May 14 and a floor vote by June or July.
Gelephu Mindfulness City launched an accelerated licensing pathway on May 12, 2026, targeting firms already regulated in Singapore, ADGM, or Hong Kong. DK Bank guarantees corporate accounts for all GMC-licensed companies, supporting 9 currencies and BTC-backed lending from day one. GMC offers 0% corporate tax for qualifying firms and foreign talent tax exemptions through 2030, positioning the SAR as a regional financial hub.
