The crypto market,
briefed in 60 seconds.

Bitcoin below $77,000, Zcash leads losses as traders bet on a Fed rate hike — Bitcoin fell below $77,000 and Zcash led losses; 95 of CoinDesk 100 declined as traders bet on a Fed rate hike.

India starts tokenizing $620 billion corporate bond market with digital rupee settlement — SEBI's Demat 2.0 pilot tokenizes corporate bonds, settling payments via RBI wholesale digital rupee; secondary trading and retail access planned later.

Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps — ESMA warns event contracts may fall under EU binary-options bans, MiCA, or national gambling laws.

Kalshi wants 24/7 Tesla and Nvidia perps as Wall Street fights over who regulates them — Kalshi seeks US approval for about 60 stock and ETF perpetual futures, bringing crypto-style perps to equities.

Why a new SEC plan could ease a legal headache for tokenized securities — SEC proposal would overhaul transfer-agent rules, cutting duplicate offchain records and reconciliation costs for tokenized securities.

OKX brings OpenAI and Anthropic bets to Europe as pre-IPO trading grows — OKX offers up to 10x leverage on private-company valuations plus 100 tokenized stocks and ETFs in Europe.

Bitcoin Bancorp snaps up thousands of defunct Bitcoin Depot ATMs for $620,000 — Bitcoin Bancorp bought over a quarter of Bitcoin Depot’s 9,200 kiosks for under $1 million, court records show.