Key US oil grades have fallen back to trading at a discount as crude continues to flow through the Strait of Hormuz and a recent surge in demand for US exports has faded, according to Bloomberg.

Harry Kane scored in the 75th minute and again 10 minutes later as England came from behind to beat DR Congo 2-1 in Atlanta, according to Yahoo Sports. Brian Cipenga put DR Congo ahead in the seventh minute, and Yoane Wissa hit the post in the 42nd as Congo threatened to extend its lead. Kane was denied a penalty after a collision with goalkeeper Lionel Mpasi, but later headed in the equalizer and then fired the winner into the top right corner. England will next face Mexico in Mexico City.

Qualcomm shares rose 1.6% in a brief upward move. According to Jin10, the stock saw a short-term lift in its price.

A prototype device is set to run a proprietary operating system that integrates artificial intelligence technology from SpaceX’s xAI, according to people familiar with the matter. According to Jin10, The Wall Street Journal reported that the prototype has a sleek design and is thinner than the iPhone. The report said the device will use a Qualcomm Snapdragon chipset.

CAS Space Technology Co. updated its STAR Market IPO prospectus on the Shanghai Stock Exchange website on June 29 and disclosed full-year 2025 financials, while private rocket peer LandSpace also updated its STAR Market filing the same day, according to Jiemian News. Exchange information shows CAS Space’s IPO application was accepted on March 31, 2026, and it received review inquiries on April 15, 2026; its review status remains “in inquiry.” CAS Space reported revenue of RMB 77.72 million in 2023, RMB 244 million in 2024 and RMB 277 million in 2025, with rocket launch services contributing 97.5% of 2025 revenue. The company posted a net loss attributable to shareholders of RMB 1.119 billion in 2025 and nearly RMB 2.5 billion in cumulative net losses over 2023-2025; operating cash flow was negative for a third straight year at RMB -865 million in 2025. CAS Space said it plans to raise RMB 4.18 billion, with 52.21% earmarked for R&D of a large reusable launch vehicle, and management forecasts profitability in 2029 under optimistic and base-case assumptions, or 2030 under a conservative case.

Plaid Inc., which provides a network that helps fintech apps connect to customers’ financial accounts, is considering a US initial public offering, according to people familiar with the matter, Bloomberg reported.

Spain’s National Securities Market Commission has authorized cryptocurrency platform Venga to operate under the EU’s Markets in Crypto-Assets Regulation (MiCA), making it one of a small number of MiCA-approved entities in Spain. According to Odaily, MiCA’s transition period took effect on July 1, requiring digital asset companies that previously operated under national rules to obtain formal approval under the new regime or stop providing regulated services in the EU. The authorization allows Venga to offer services across the EU’s market of 27 member states under a single regulatory framework. Venga co-founder and CEO Michael Stroev said the MiCA review covers areas including ownership structure, corporate governance, management suitability, risk frameworks, and product infrastructure. The report said more than 3,000 crypto companies in the EU previously held local virtual asset service provider registrations, while about 240 companies have now received full MiCA authorization. It added that fewer than 15 companies in Spain have been approved.

Ripple has launched its RLUSD stablecoin in Japan through SBI VC Trade after receiving regulatory approval. The approval makes RLUSD one of the first foreign stablecoins allowed to operate under Japan’s new rules.

Ripple has joined a regulatory sandbox in Singapore to pilot programmable trade finance using its enterprise stablecoin RLUSD, marking a step toward real-world blockchain adoption in cross-border settlement.

Ripple’s Singapore subsidiary received an expanded payment license, allowing it to offer digital token payments, cross-border transfers, and other regulated services. The move strengthens Singapore as Ripple’s Asia-Pacific hub and supports faster, more efficient payments using RLUSD and XRP.

Mastercard, Ripple, and Gemini are testing credit card payments using the stablecoin RLUSD on Ripple’s XRP Ledger. The pilot, involving WebBank, aims to settle transactions on a public blockchain and explore faster, more efficient payment options.

Ripple has confirmed it has no plans to go public, choosing to stay private despite other crypto firms launching IPOs. The company raised $500 million at a $40 billion valuation to fund its global expansion and product development.

Speaking at a CNBC interview, Ripple CEO Brad Garlinghouse speculated that the stablecoin market would explore to nearly tenfold within the next few years.

Ripple has applied for a US national bank charter and a Federal Reserve account to support its stablecoin RLUSD. The move comes as new laws push stablecoin issuers to meet tougher rules, with Ripple aiming to boost trust and compete with USDC and USDT.

In a Truth Social post on Sunday, Trump announced he would be creating a Crypto Strategic Reserve that includes XRP, SOL and ADA on top of Bitcoin and ETH.