The Financial Conduct Authority floated the idea of allowing limited exposure to crypto for retail-focused funds if it aligns with “disclosed investment objectives.” The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a regulatory gap between retail investors and funds. The FCA floated the idea in a quarterly consultation paper on Friday, which would allow retail-focused funds called undertakings for collective investment in transferable securities, or UCITS funds, and some non-UCITS funds to gain exposure to crypto. The regulator said it wanted authorized funds to “remain contemporary and consistent with the demands of investors” while ensuring consumers “are adequately protected and markets function well.” Read more
The compromise of private keys belonging to a member of the Humanity Foundation has reportedly resulted in the theft of at least $30 million worth of its native token. The Humanity Protocol, dubbed the “Chinese Worldcoin,” has been exploited for more than $30 million through a private key compromise, sending the price of H tokens plummeting on Tuesday. “We’ve detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation,” said Terence Kwok, founder and CEO of Humanity Protocol, on Tuesday. Kwok advised users not to interact with the bridge or any liquidity pools until it has been deemed safe and added that the team was working with security experts, but did not provide any further details at the time. Read more
OpenAI says it filed for an initial public offering in the US, but has not yet decided when it will launch. ChatGPT creator OpenAI has confidentially filed for an initial public offering in the US, becoming the third major AI company this year to set up plans for a Wall Street debut. OpenAI posted to X on Monday that it filed confidential paperwork with the US Securities and Exchange Commission, but had not decided when it would launch to the public. “We expect it to leak so we’re just announcing it,” the company wrote. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company.” Read more
Tokenized stocks, gold and real estate are driving broader adoption as banks and institutions embrace blockchain-based assets despite a weaker crypto market. Tokenized real-world assets (RWAs) remain one of the few bright spots in the cryptocurrency industry, even as macroeconomic headwinds and policy uncertainty weigh on markets in 2026, according to Binance Research. In its latest Monthly Market Insights report, Binance Research said the market for active tokenized RWAs surged 589% from early 2025 to June 2026. Bonds and money market funds led the sector in dollar terms, growing by 83% and adding $6.5 billion in value. Tokenized stocks, however, recorded the fastest growth, with their market value jumping 422%. Read more
Record-low Bitcoin RSI readings and whale accumulation highlight a generational buying opportunity, even as analysts still expect BTC to fall below $60,000. Bitcoin's (BTC) lowest-ever readings on the daily and two-week relative strength index (RSI) are coinciding with steady accumulation across several investor cohorts, strengthening what one analyst called the "best thesis" for buying BTC. Onchain data shows wallets holding 1,000–10,000 BTC added more than 53,000 BTC over the past 60 days, while smaller retail investors also increased their holdings. MN Capital founder Michael van de Poppe highlighted Bitcoin's historically weak momentum readings as a potential long-term opportunity. Read more