The SEC was urged to clarify crypto app rules

1 a16z published a proposal for the SEC to issue a safe harbor for blockchain software builders.

If the SEC opens a formal comment period on software exemptions, that would show real rulemaking interest. Silence would leave it as a think piece.

2 CME Group added Bitcoin Cash and Uniswap futures to its lineup.

CME is the blue-chip derivatives venue for institutions. Listing BCH and UNI futures gives big desks a clean way to bet on or hedge those tokens for the first time. BCH jumped 28% in 24h as the news hit, showing how starved these markets are for legitimate access.

If open interest in the new contracts builds past launch-week noise, that would signal institutional demand for mid-cap crypto exposure. Flat volume would mean it's a symbolic win.

3 The ECB and EU central banks want MiCA's stablecoin yield ban extended to lending and staking.

MiCA already bars paying interest on centralized stablecoins like USDC and EURC. Pushing that ban into lending and staking would choke off yield products that use stablecoins as collateral. It's Europe telling crypto: keep the float boring or go home.

If the European Commission adopts the guidance in its next review, that would force lending protocols to restructure EU offerings. Rejection would mark a rare win for crypto yield.

4 Bit MEX ended trading after 11 years, but withdrawals stay open.

Bit MEX pioneered perpetual futures and shaped crypto leverage culture. Its closure marks the end of an era where unregulated offshore venues ruled. Users can still pull funds, but the liquidity that lived there now scatters to Binance, Bybit, and onchain perps.

If former Bit MEX volume concentrates on a single successor, that exchange gains outsized sway over funding rates. Spread flow would mean a more fragmented market.

5 Galaxy added $100M of Sky's s USDS to its treasury and bought SKY token.

This is more than a line item. Galaxy is a major OTC and lending desk. It now holds a decentralized stablecoin as reserve asset and is deepening lending ties with Sky. It shows tradfi crypto shops warming to onchain yield-bearing collateral.

If other treasuries follow Galaxy into s USDS, that would validate yield-bearing stablecoins as corporate reserves. No copycats would keep it a one-off.