● The week in review
Weekly Recap — 1 Sep–7 Sep 2026
The week's dominant thread was institutional legitimacy arriving faster than regulation could keep pace with. Major banks moved collectively into stablecoins, tokenised equities spread from London to Seoul, and Bitcoin ETFs posted their strongest monthly inflows in a year — all while the court system struggled to decide whether prediction markets are gambling, and a $320 million exit from Liquid Network reminded the market that infrastructure risk remains underpriced. The macro backdrop turned more cautious by Friday, with a payrolls beat reviving rate-hike talk, but the structural moves underneath held their direction.
- Citi, Goldman, and a consortium of global banks launch a joint stablecoin venture.Citi, Goldman and peers launching a joint stablecoin is the most coordinated TradFi entry into crypto infrastructure to date.2 Sep
- Bitcoin ETFs record best monthly inflows in a year.Bitcoin ETFs pulling $3.52 billion in August marked the strongest institutional monthly demand in nearly a year.7 Sep
- Liquid Network: $320M exit, network paused.A $320 million Liquid Network halt exposed how fragile federated sidechain infrastructure remains under stress.7 Sep
- Coinbase files with the SEC to list 24/7 leveraged equity perpetuals.Coinbase's SEC filing for 24/7 leveraged equity perpetuals formally challenges traditional exchanges on their home turf.4 Sep
- New Jersey petitions the Supreme Court to settle who regulates sports betting on prediction markets, while a Michigan court extends Kalshi's injunction.Dual state actions against Kalshi, with a Supreme Court petition, will set binding precedent for prediction markets nationwide.3 Sep
- OpenReserve secures a full US national bank charter, not just a trust licence.OpenReserve securing a full OCC bank charter, not a trust licence, opens insured deposits to a crypto-native issuer.5 Sep
- CFTC moves to dismiss CME's lawsuit over Kalshi's Bitcoin perpetual futures, calling the competitive-injury claim baseless.CFTC moving to dismiss CME's lawsuit signals the regulator will not protect incumbents from onshore perps competition.3 Sep
- Payward and the London Stock Exchange to tokenize 100 UK-listed stocks.Payward and the LSE tokenising 100 UK-listed stocks is among the most concrete institutional tokenised-equity steps yet.2 Sep