Markets staged a relief rally after a two-week U.S.–Iran cease-fire eased fears of an immediate escalation in the Strait of Hormuz. Oil slid sharply and equity futures jumped as investors rotated out of defensives and repriced near-term macro risk. The move resets the near-term growth/energy narrative but leaves geopolitics as a key swing factor for volatility.
Source: MarketWatch
FDIC proposes stablecoin rule, clarifies reserves and insurance boundaries
The FDIC unveiled a draft rule for payment stablecoin issuers, anchoring the GENIUS Act’s framework in bank supervision. It sets standards for high‑quality reserve assets, redemption, audits and risk management—while making clear that stablecoins themselves are not FDIC‑insured deposits. The proposal, now open for comment, would tighten prudential guardrails and reduce ambiguity for banks supporting fiat‑backed tokens.
Source: FinanceFeeds
CME to launch 24/7 crypto trading and list Avalanche, Sui futures
CME Group will extend its crypto futures and options to round‑the‑clock trading from May 29 and add new contracts on Avalanche (AVAX) and Sui (SUI) in standard and micro sizes. The move narrows the structural gap with crypto‑native venues, improves hedging continuity for global institutions, and broadens regulated access beyond bitcoin and ether.
Source: FinanceFeeds
BlackRock files ‘IQQ’ Nasdaq‑100 ETF, taking aim at QQQ incumbents
BlackRock filed to launch the iShares Nasdaq‑100 ETF under the ticker “IQQ,” entering a mature—but concentrated—segment long dominated by a few funds. A BlackRock entry could pressure fees, tighten spreads and intensify competition for one of the market’s core equity exposures.
Source: FinanceFeeds
UBS and Swiss banks to test CHF stablecoin in regulatory sandbox
UBS, PostFinance, Sygnum, Raiffeisen, ZKB and BCV will pilot a Swiss‑franc stablecoin with Swiss Stablecoin AG in a controlled sandbox in 2026. The bank‑backed initiative targets real‑world use cases—payments, interbank settlement and tokenized assets—signaling a shift from research to practical deployment of blockchain rails within Switzerland’s financial system.
Source: FinanceFeeds
Crypto ETFs see strongest daily inflows since February
U.S. spot crypto ETFs recorded a sharp rebound in demand on April 7, led by $471 million into bitcoin funds and ~$120 million into ether products. Inflows were concentrated in BlackRock, Fidelity and ARK 21Shares vehicles, pointing to a coordinated institutional re‑entry even as retail sentiment remains cautious.
Source: FinanceFeeds
Circle rolls out stablecoin payouts in Singapore, scaling Asia cross‑border rails
Circle launched its Payouts API in Singapore, its first deployment outside the U.S., enabling regulated, USDC‑based cross‑border payouts for PSPs, fintechs and enterprises under a MAS Major Payment Institution license. The build‑out localizes compliance, reduces operational friction, and advances stablecoins from trading use toward enterprise payments infrastructure in Asia.
Source: FinanceFeeds
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