ICYMI • U.S.–Iran nuclear talks have been canceled, geopolitical risk has ticked up • EU Parliament has resumed work on the EU–U.S. trade deal • CFTC has withdrawn the rule that would have banned sports and political prediction markets • CME Group is exploring launching its own crypto token • Treasury Sec. Bessent has said tariffs do not cause inflation • SBI Holdings + Startale have launched Strium, an institutional L1 for FX and RWAs • CryptoQuant CEO has said “every Bitcoin analyst is now bearish” • Vitalik Buterin has sold 2,961.5 $ETH worth $6.6M over the past 3 days, per Arkham • Fidelity’s USD-pegged stablecoin FIDD is now live with 1:1 USD minting for retail and institutions