Regulation & Compliance: The UK’s National Security (State Threats) Act 2026 now targets Iran’s IRGC and other state-linked groups, with up to 14 years for anyone providing support—raising fresh crypto compliance questions as reports keep pointing to digital assets in sanctions evasion. Market Access & TradFi: Morgan Stanley’s E*TRADE is rolling out spot crypto trading via Zero Hash, letting eligible clients trade BTC, ETH, and SOL inside the brokerage experience. Payments & Stablecoins: Visa launched a Stablecoin Platform aimed at helping banks and fintechs use stablecoins within existing Visa treasury and settlement workflows, targeting faster, cheaper merchant settlement. Institutional Onchain Finance: SBI partnered with Ondo to tokenize Japanese equities and distribute products through SBI’s network, using its JPYSC stablecoin for settlement and collateral. Exchange/Platform Moves: MoonPay acquired Glide to improve crypto deposit reliability across tokens and chains. Big Failure Watch: Dutch crypto platform Knaken was declared bankrupt after prosecutors said about €7M in customer funds can’t be accounted for, leaving tens of thousands locked out. Scam Pressure: The FTC warned about jury-duty impersonation scams that push victims to pay via crypto or payment apps, while Iowa’s MidAmerican Energy warned search-engine ads are steering customers to fake phone numbers. Cybercrime: Two Scattered Spider hackers were sentenced to about 5.5 years each for the £29M TfL hack that disrupted services and forced in-person password resets. Crypto Prices: Bitcoin hovered just below $65K as markets digested macro signals and crypto volatility.