President Trump said he was heading to the White House Situation Room to make a final decision on Iran.<\/p>\n
PA News reported that Trump demanded Iran commit to forgoing nuclear weapons and immediately reopen the Strait of Hormuz, lifting all transit restrictions.<\/p>\n
He said the United States and Iran had reached agreement on several points, including clearing mines from the Strait of Hormuz, lifting the maritime blockade, and disposing of Iran\u2019s underground enriched nuclear material.<\/p>\n
President Trump added that the U.S. would work with Iran and the International Atomic Energy Agency (IAEA) to eliminate the relevant enriched material and stressed, \u201cThere will be no financial transactions until further notice.\u201d<\/p>\n
If implemented, the deal could affect stability across the Middle East, global energy markets, and investor appetite for risk assets.<\/p>\n
U.S. Treasury Secretary Scott Bessent announced that the U.S. government seized roughly $1,000,000,000 in Iranian cryptocurrency.<\/p>\n
Bitcoin Magazine quoted Secretary Bessent saying, \u201cWe secured the wallets intact,\u201d and noted some holders may not yet realize their wallets were seized.<\/p>\n
The Treasury did not disclose specific details about how the seizures were carried out. The U.S. has stepped up enforcement targeting crypto flows tied to sanctioned funds.<\/p>\n
Source: Bitcoin Magazine<\/p>\n
PANews reported that at the 2026 Reagan National Economic Forum, SEC Chair Paul Atkins said the agency is redesigning its regulatory framework to support the Trump administration\u2019s objective of positioning the United States as a global cryptocurrency hub.<\/p>\n
Atkins said the SEC is advancing a \u201cProject Crypto\u201d and coordinating with the Commodity Futures Trading Commission (CFTC) to clarify when digital assets qualify as securities, consider exemption regimes for tokenized securities, and review rules for on\u2011chain trading systems.<\/p>\n
He criticized the prior SEC\u2019s tough approach for driving innovation overseas and said the agency will focus on expanding regulatory clarity, easing unnecessary disclosure burdens, and lowering barriers to public listings.<\/p>\n
PANews reported on the 29th that Coinbase subsidiary Coinbase Financial Markets received approval from the U.S. Commodity Futures Trading Commission (CFTC) to offer global cryptocurrency derivatives services to U.S. institutional clients.<\/p>\n
With this approval, Coinbase can provide institutional customers access to perpetual contracts and options markets through a regulated futures commission merchant (FCM) channel in the U.S. Previously, U.S. institutions had to route trades through overseas entities to use platforms such as Deribit.<\/p>\n
Coinbase currently supports Deribit bitcoin options and plans to expand contract and collateral types, launch perpetual contracts, and roll out services for retail investors over time.<\/p>\n
The U.S. Commodity Futures Trading Commission (CFTC) approved the listing of KALSI EX\u2019s Bitcoin spot\u2011linked perpetual contract, \u201cBTCPERP,\u201d on a designated contract market (DCM).<\/p>\n
O\u2019Daily reported the CFTC found the contract complies with the Commodity Exchange Act, related regulations, and DCM core principles. KALSI must adhere to CFTC rules in its listing and operations.<\/p>\n
The CFTC cautioned that perpetual contract structures are not appropriate for every asset class and recommended voluntary review and approval procedures for assets whose applicability is unclear.<\/p>\n
PANews, citing SoSoValue data, reported that U.S. XRP spot ETFs recorded a one\u2011day net inflow of $11,879,400 on the 29th (Eastern Time).<\/p>\n
The largest inflow went to Bitwise\u2019s XRP ETF, which posted a one\u2011day net inflow of $7,357,100 and cumulative net inflows of $471,000,000.<\/p>\n
Canary\u2019s XRP ETF saw $2,377,900 in one\u2011day net inflows, the second\u2011largest amount, bringing its cumulative net inflows to $454,000,000.<\/p>\n
At the time of reporting, total net assets for XRP spot ETFs stood at $1,123,000,000, with cumulative net inflows of $1,423,000,000.<\/p>\n
Bloomberg ETF analyst Eric Balchunas reported that BlackRock submitted a third amended S\u20111 filing for its iShares Bitcoin Premium Income ETF.<\/p>\n
Fees have not yet been disclosed. The filing suggests BlackRock is refining product details as it moves toward launching bitcoin\u2011related ETF offerings.<\/p>\n
Morgan Stanley\u2019s spot Bitcoin ETF MSBT surpassed 3,500 BTC in holdings.<\/p>\n
O\u2019Daily, citing Arkham data, reported MSBT added 57.332 BTC that morning\u2014about $4,210,000\u2014bringing total holdings to 3,543 BTC with an estimated valuation of roughly $260,000,000.<\/p>\n
Texas has formed an advisory committee for its strategic bitcoin reserve.<\/p>\n
O\u2019Daily reported Acting Texas Comptroller Kelly Hancock officially appointed four external members to the Strategic Bitcoin Reserve Advisory Committee.<\/p>\n
The committee, created under Senate Bill 21, includes Gary Beckiarelli, president and CFO of CleanSpark; Jamie McAvity, founder and CEO of bitcoin miner CoreMint; Carla Reyes, law professor at Southern Methodist University; and Lori Dotter, an investment industry executive.<\/p>\n
They will advise the comptroller on reserve management issues such as bitcoin valuation, custody, and risk management.<\/p>\n
The Sui network mainnet has resumed normal operations. Transaction processing and network activity recovered, and investigators determined the two recent outages stemmed from the same software defect.<\/p>\n
PANews reported Sui identified the issue as an interaction between the \u201caddress balance\u201d feature introduced in the 1.72 upgrade and the gas\u2011charging logic.<\/p>\n
The Sui core team said an earlier patch was a temporary measure to restore the network quickly and that a low\u2011probability failure risk remained. A variant of the issue reoccurred, triggering a temporary mainnet suspension.<\/p>\n
Validators have deployed a long\u2011term recovery solution, and Sui says the known problems from the initial vulnerability have been resolved. The Sui team plans to publish a postmortem detailing the outage causes and recovery steps.<\/p>\n","protected":false},"excerpt":{"rendered":"
President Trump heads to the White House Situation Room for final decisions on Iran, emphasizing nuclear commitments and maritime agreements.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_thumbnail_url":"https:\/\/cdn-union.tenbizt.com\/contents\/crawler-dev\/thumbnail\/2026\/05\/CP-2025-0041\/thumb-23c402dc-d1f9-40dd-8d24-cb1c30fae20b.jpg","footnotes":""},"categories":[278093],"tags":[],"class_list":["post-262813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\n