Today’s crypto update is packed with new developments that scream mainstream adoption is accelerating.
First off, in a massive crypto update, the SEC said most crypto assets not securities under federal law
In a giant step toward clearer rules, the SEC just dropped guidance saying it will consider most crypto assets not securities under federal law. This crypto update marks one of the first big actions after the SEC teamed up with the CFTC via a new memorandum.
Chair Paul Atkins called it drawing “clear lines in clear terms,” finally recognizing what many in the space have argued for years: most crypto assets aren’t securities themselves.
This interpretation acts as a key bridge while Congress works on bigger market structure laws. It’s a breath of fresh air after years of uncertainty, and it could open the door wider for innovation without the constant regulatory shadow.

Mastercard is going all-in on blockchain with a blockbuster deal
Shifting gears to payments, Mastercard is going all-in on blockchain with a blockbuster deal. The payments giant agreed to acquire stablecoin infrastructure player BVNK for up to $1.8 billion (including contingent payments).
This crypto update shows how traditional finance is trying hard to get on board with on-chain transactions. BVNK’s platform already powers cross-border payments and more across 130+ countries by linking stablecoins and traditional currencies.
Mastercard’s exec Jorn Lambert nailed it: most institutions and fintechs will soon offer digital currency services, whether stablecoins or tokenized deposits. After a scrapped Coinbase deal late last year, this move shows how fast the stablecoin space is heating up.

And let’s talk Bitcoin because it’s on a tear
US spot Bitcoin ETFs just notched their sixth straight day of inflows, the longest streak since late last year. Monday alone pulled in $199.4 million net, led by BlackRock’s IBIT ($139.4M) and Fidelity’s fund ($64.5M).
This crypto update lines up perfectly with BTC climbing over 12% in that window, pushing from around $66K toward $74K levels. Total inflows since early March hit nearly $963 million. Sure, some smaller outflows hit VanEck and ARK, but the overall trend shows strong institutional appetite amid global macro noise like US-Iran tensions and oil swings. It’s reminiscent of those huge runs in 2025, but the overall picture feels steadier.
Cango’s First Year As Bitcoin Miner Delivers Massive Revenue But Heavy Losses
Cango Inc. just wrapped up its debut full year as a bitcoin miner, and the numbers tell a wild story of big wins mixed with serious challenges. The company posted a hefty $452.8 million net loss for 2025, even though it pulled in $688.1 million in total revenue.
Almost all of that cash, $675.5 million, or over 98%, came straight from its bitcoin miner operations. This bitcoin miner jumped into the game back in November 2024, snapping up 32 EH/s of hashing power and rolling out sites across North America, the Middle East, South America, and East Africa.