Monday, May 18, 2026

SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg

The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.

source https://www.coindesk.com/policy/2026/05/18/sec-to-propose-tokenized-stock-framework-as-wall-street-efforts-deepen-bloomberg

Minnesotan banks and credit unions set to provide crypto custody August 1

Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.

source https://www.coindesk.com/policy/2026/05/18/minnesotan-banks-and-credit-unions-set-to-provide-crypto-custody-august-1

Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.

source https://www.coindesk.com/markets/2026/05/18/hyperliquid-s-usdc-deal-could-supercharge-hype-pressure-circle-coinbase-margins-analysts-say

Revolut wants to take Dogecoin mainstream with its new physical payment card

The European fintech giant is launching a physical debit card that lets users spend the popular meme coin anywhere Visa and Mastercard are accepted with zero extra exchange fees.

source https://www.coindesk.com/markets/2026/05/18/revolut-wants-to-take-dogecoin-mainstream-with-its-new-physical-payment-card

This bitcoin bear market is different with 'uniquely pessimistic' traders limiting downside, K33 says

The research firm said bitcoin traders remain unusually defensive, reducing the risk of the kind of leverage-driven collapse seen in prior d...