Morgan Stanley Launch Crypto Trading, White House Wants Clarity Act Signed by July 4th, Crypto Falls

Crypto majors are red down 2-4%; BTC -2% at $80.7k; ETH -4% at $2,320; SOL -1% at $87; HYPE -4% at $42.5. VVV (+19%), TON (+16%), Virtual (+8%) and ICP (+6%) led top movers. Oil -1% at $92; Gold +1% at $4,735. Stock futures are flat premarket. The CME Group will offer crypto futures and options around the clock starting May 29, extending its digital asset derivatives trading to a 24/7 schedule for the first time. A new quantum report from Project Eleven warned that Q-day is likely by 2033 and possibly as early as 2030. OKX announced perpetual futures tied to OpenAI, SpaceX, and Anthropic valuations, with synthetic price exposure with no equity rights or issuer approval. Bermuda Premier David Burt announced another USDC airdrop to residents tied to next week’s Bermuda Digital Finance Forum, alongside onboarding local merchants to accept stablecoin payments; the government is working with Coinbase and Circle to build the world’s first fully onchain national economy. ICE, OKX, and Securitize executives warned at Consensus Miami that offshore synthetic tokenized stocks use public company names without issuer approval and don’t represent real equity. Tokenized US treasuries on Ethereum have doubled over the past 6 months, now at $8B.