Regulation Reset: FinCEN withdrew proposed rules that would have forced banks to report transactions tied to unhosted (self-custody) wallets and foreign crypto mixers, citing concerns about excessive burden and chilling effects. Banking & Charters: Rain filed for an OCC national trust bank charter focused on custody, stablecoin reserve management, and institutional US dollar stablecoin issuance—right as community bankers sued to block similar OCC crypto trust charters. Market Pulse: Bitcoin is stuck again near $87K and trading around $85.5K, about 32% below last year’s peak, with spot ETF flows turning negative while traders defend key support. Institutional Rails: BitGo is pushing prime brokerage as its main revenue engine, aiming to let clients trade and borrow while assets stay in custody. RWA Momentum: Tokenized stocks hit a record $3.8B market cap, led by BNB Chain, Ethereum, and Solana. Stablecoin Demand: Visa says nearly half of Asia-Pacific consumers are open to using stablecoins within five years. Security & Safety: Binance highlighted Cybersecurity Awareness Month with Africa-focused scam and cyber-protection guidance, including AI-driven fraud detection and law-enforcement cooperation.