On Monday (June 22), Hong Kong-based on-chain trading platform TurboFlow raised $6 million in seed funding. The round was led by Pantera Capital, with Susquehanna Crypto and Digital Currency Group also participating. The raise comes as expectations build that global prediction market volumes will increase fivefold this year.

Under an executive order signed by President Donald Trump, federal agencies must transition high-value assets and high-impact systems to post-quantum cryptography by 2031. The directive sets deadlines of Dec. 31, 2030, for key establishment and Dec. 31, 2031, for digital signatures. It also requires agencies to appoint migration leads, update procurement rules, and coordinate with critical infrastructure sectors to address quantum-related security risks.

The Tax Clarity for Mining and Staking Act would let miners and stakers opt to defer taxes on validation rewards until the tokens are sold. The proposal would keep the current approach as the default while offering an alternative election to delay income recognition. It also seeks to clarify tax rules for investment trusts involved in digital asset staking.

An investor in Goldfinch, a decentralized credit protocol backed by Andreessen Horowitz, publicly alleged the project mismanaged over $50 million in user funds. The investor said borrower defaults and failed restructurings make it highly unlikely depositors will recover their money. One day after the post, Goldfinch said it would enter a wind-down process.

South Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure. Toss Bank, the country’s third-largest internet-only bank, said the agreement was signed in Seoul on June 19. The partners plan to start with a proof of concept focused on stablecoin-powered overseas transfers before any broader rollout.

The Bank of England on June 22, 2026 published a policy statement and draft rules for systemic stablecoin issuers. The documents set out key elements of the United Kingdom’s proposed framework for systemic stablecoins.

Hyperliquid’s total notional trading volume has fallen by roughly 50% since October. Over the same period, RWA trading via tradeXYZ has risen quarter over quarter and now accounts for about 30% of the total. The RWA expansion is cushioning the decline in overall activity, but it is not reversing it.

UK regulators have overhauled their approach to systemic stablecoins, dropping proposed wallet-level holding limits in favour of an issuance cap. The Bank of England set a temporary guardrail of £40 billion per systemic stablecoin. It also eased reserve rules for issuers by allowing a larger share of backing assets in short-term UK government debt.