This Week in Crypto Law (May 16, 2026)
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law - A law firm focused on digital asset commerce. read more: This Week in Crypto Law (May 16, 2026)
Canary Leads XRP ETF Gains as Bitcoin ETFs Lose $101M
Crypto ETF markets remained under sustained pressure on Thursday as bitcoin funds extended their losing streak to five straight sessions.read more
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Tokenized Asset Market Tops $34 Billion as Treasurys Lead 10x Surge
The tokenized asset market topped $34 billion as U.S. Treasury products led a rapid expansion across blockchain-based finance. Market data showed theread more
Trader Books $4.6M Profit on HYPE, ZEC, and ETH Longs Then Opens a $74.84M Bitcoin Short
Onchain trader Evaded closed $4.6M in HYPE, ZEC, and ETH longs before opening a 990 BTC short worth $74.84M on Hyperliquid.read more
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Coinbase Introduces CUSHY Strategy to Bring Institutional Credit Onchain
Coinbase's CUSHY is expanding institutional credit onchain through a tokenized fund for qualified investors. The strategy links stablecoin settlement,read more
TOKEN NARRATIVES
WEEKLY UPDATE
China’s Yuan Settlements Jump to $214B in March as Russia, Iran Accelerate Dollar Exit
As China's CIPS network grows, the rise of the "petroyuan" signals a major shift in the global financial landscape.read more
Galaxy Digital Faces Bitgo in Court Over $1.2 Billion Deal Gone Wrong
Galaxy Digital and Bitgo face off in Delaware court over a failed $1.2B merger, with Bitgo seeking $100M from Mike Novogratz's firm.read more
Galaxy Digital Faces Bitgo in Court Over $1.2 Billion Deal Gone Wrong
Galaxy Digital and Bitgo face off in Delaware court over a failed $1.2B merger, with Bitgo seeking $100M from Mike Novogratz's firm.read more
DeFi Confidence Cracks After KelpDAO Exploit as Aave Suffers 44% Monthly Drop
KelpDAO’s $292M exploit rattled DeFi as Aave lost $11.6B in TVL and 31 out of 50 top protocols posted declines this month.read more
