Market-moving developments, institutional context and editorial analysis in chronological order.
Sony is seeking arbitration in a California class action challenging the use of 'Buy Now' labels for digital games. The PlayStation maker's position raises a wider question about whether customers own digital purchases or merely receive revocable access.
Strategy has returned to buying Bitcoin, continuing the corporate treasury approach associated with executive chairman Michael Saylor. The latest purchase adds to a balance-sheet strategy that gives shareholders concentrated exposure to the digital asset.
Ethena has launched a self-custodial application that brings USDe into everyday payments, savings and cross-border transfers across 48 countries. The product advertises annualized rewards of up to 6%.
South Korea plans to offer citizens free access to AI services with unlimited tokens. Three consortia will operate the program using as many as 512 state-supplied Nvidia B200 chips, with beta testing scheduled for September.
Michael Saylor has urged MSCI to withdraw a rule he describes as discriminatory toward Strategy. The disputed approach could affect whether the Bitcoin-focused treasury company remains eligible for inclusion in widely followed market indexes.
Ripple is among the blockchain companies entering strategic partnerships to develop custody and tokenized-asset management services for institutional participants in Asia. Coincheck is also connected to the latest round of regional infrastructure activity.
Robinhood Chain moved ahead of Ethereum and Base on reported fee metrics as tokenized-stock and meme-token activity accelerated. The early surge follows the launch of Vlad Tenev's new blockchain network.
Kast has launched a stablecoin-powered business platform after raising $80 million. The company says it aims to bring between 1,000 and 5,000 active businesses onto the service by the end of 2026.
Ireland will allow shares, bonds, funds, ETFs and insurance products in a new tax-advantaged savings program but exclude cryptocurrency. The accounts are scheduled to become available next year and target a large pool of household deposits.