A group of 61 crypto founders, investors, and executives is asking Senate leaders to advance the CLARITY Act while retaining developer protections tied to the Blockchain Regulatory Certainty Act (BRCA). The request was made in a June 9 letter to John Thune and Charles Schumer, after the Senate Banking Committee moved the BRCA forward to clarify how noncontrolling software developers and service providers are treated under U.S. law.

A U.S. House Ways & Means Committee hearing on six crypto tax bills revealed sharp disagreements over how quickly Congress should rewrite digital-asset tax rules. Republicans argued for faster modernization, while Democrats warned the proposals are moving too quickly and could add market risks, leaving prospects for agreement uncertain ahead of midterm elections.

MetaMask has introduced Agent Wallet, a self-custodial product that allows AI agents to execute DeFi trades while users retain control through required checks and policy limits. The wallet includes transaction simulation, threat scanning, MEV protection, and loss coverage of up to $10,000 for eligible transactions. It launches with support for nine chains and is currently available via a CLI for a limited early-access group, with broader availability expected this summer.

ADI Predictstreet, FIFA's official prediction-market partner for the 2026 World Cup, went live on June 8 and is now accessible to U.S. users in 23 states through a co-branded Fanatics Markets "World Cup Hub." The platform supports fiat and crypto funding and offers FIFA-branded prediction contracts as Gibraltar's licensing timeline and company links draw scrutiny ahead of the tournament's June 11 opener.

A DeFi analyst is warning users to revoke lingering token approvals and tighten wallet hygiene ahead of Anthropic's expected public release of its Mythos AI model. In a June 9 X post, The DeFi Investor also recommended sticking to heavily audited dApps and distributing funds across multiple wallets to limit single points of failure.

New York's Department of Financial Services has proposed a broad stablecoin regulatory framework aimed at aligning state oversight with federal standards under the GENIUS Act. The plan would tighten reserve, liquidity, cybersecurity, and operational requirements, and would require issuers to redeem customer funds within two business days. It also reiterates restrictions that bar interest-bearing stablecoins and outlines a one-year transition period once the GENIUS Act formally takes effect.

Circle has introduced cirBTC on Ethereum, aiming to let institutions and bitcoin holders use BTC-backed tokens as DeFi collateral without selling their underlying BTC. Each cirBTC is backed 1:1 by native bitcoin held at a regulated Circle entity, with reserves designed to be verifiable onchain via Chainlink Proof of Reserve. At press time, supply was about 0.0097205 cirBTC across roughly seven holders.

On June 8, 2026, decentralized lending protocol Morpho raised $175 million in a funding round co-led by Paradigm, a16z crypto, and Ribbit Capital, pushing its valuation up to $2 billion. The raise comes as Morpho’s TVL has climbed to nearly $6.5 billion across 37 chains versus Aave’s $12 billion, and the project says it will deploy the capital to expand its "open credit network" infrastructure.