Daily Summary2026-08-18
Stories clustered across sources, with day-to-day continuity and threading.
Treasury Drafts the Stablecoin Licence Line
Treasury opens a 60-day comment window on GENIUS implementing rules — defining who's "issuing" and "offering" stablecoins in the US, with Tether named as the largest foreign issuer; licences required from Jan 18 2027, and from Jul 18 2028 exchanges may only offer licensed issuers' coins
MSCI Returns for Strategy With a Rewritten Rule — and This Time It Isn't Only About Crypto
MSCI opened a new consultation on whether "non-operating companies" belong in its Global Investable Market Indexes — seven months after shelving its crypto-specific exclusion proposal under pressure from Strategy. A simulation on May data would delete Strategy, Metaplanet and uranium-holder Yellow Cake from the MSCI ACWI IMI, with SharpLink among those watchlisted; analysts put passive MSTR selling at roughly $2.8 billion, and prediction markets price deletion near 73%. Strategy has formally objected again. Feedback closes September 30; results are expected around October 16.
Strategy Pauses Coin Sales, Not the Flywheel
Strategy raises $334M via share sales while making no Bitcoin purchases and no BTC sales for the week.