Web3

Franklin Templeton modifies its Western Asset funds to meet GENIUS Act reserve requirements, positioning $LUIXX and $DIGXX as critical infrastructure for the $310B stablecoin market.

Judge Aleta Trauger grants a temporary restraining order against Tennessee regulators, stating Kalshi is likely to prevail on its federal preemption claims.

A new Senate draft bans passive stablecoin yield to protect banks, prompting a $1.3 billion revenue threat from Coinbase.

Federal prosecutors launch a criminal probe into Jerome Powell over HQ renovations, sparking a Constitutional crisis and a flight to Bitcoin.