Regulation Clash: JPMorgan CEO Jamie Dimon says banks will fight the CLARITY Act’s stablecoin-rewards provisions, arguing crypto should face bank-grade AML/BSA rules before it gets “bank-like” powers. Derivatives Oversight: The CFTC backs 24/7 trading for crypto-native venues but warns it may not fit traditional derivatives, even as it greenlights perpetuals and global options. Institutional Rails: Paxos’ clearing arm wins SEC approval as a blockchain-native clearing and settlement agency, a major step for DLT in U.S. markets. Crypto Market Structure: Coinbase gets CFTC approval as a Futures Commission Merchant to bring global crypto options and perps to U.S. clients. Stablecoin/Payments Push: Circle’s Arc L1 eyes post-quantum security, while Arc’s push to host Aave V4 signals stablecoin liquidity and tokenized RWA growth. Geopolitics & Seizures: Treasury says the U.S. has seized about $1B in Iran-linked crypto wallets, escalating sanctions enforcement. Network Reliability: Sui suffers another mainnet stall tied to gas charging logic, following earlier outages. State Bitcoin Move: Texas names an advisory committee to guide its Strategic Bitcoin Reserve as it prepares for more direct custody. RWA Trading Beta: Canborsa launches beta for perpetual RWA trading on Canton Network with 24/7 access. Security/Scams: A Florida AG unit returned $229k in crypto forfeitures to scam victims. VC Cooling: Galaxy reports crypto VC funding fell 50% QoQ to $4B in Q1.