Vitalik Buterin outlines Ethereum’s evolution into a “cryptographic world computer,” El Salvador launches the Sivar national super app on Base, the SEC advances on-chain financing, tokenized securities and crypto custody rules, while HSBC unveils its Hong Kong stablecoin RedCoin and Morgan Stanley launches a Digital Asset Lab. This week also saw further momentum in MiCA reform, stablecoin regulation, tokenized finance, DeFi access, and institutional digital asset infrastructure. For the complete weekly curated reports, subscribe to our Substack: