Geopolitics & Markets: Q2’s global mood turned from fragile recovery to recalibration as US–Israel–Iran tensions pushed investors to reassess risk, with Strait of Hormuz disruption fears feeding back into energy, shipping costs and inflation expectations. Cayman Finance & Policy: Premier André Ebanks wrapped a US trip aimed at deepening formal economic ties, including meetings with US Treasury officials on cross-border financial services, private credit and reinsurance. Crypto Infrastructure in Cayman: Toobit (Cayman) rolled out TradingView charting in its app and highlighted H1 upgrades blending TradFi tokenized stock futures, AI trading tools and new earn campaigns. Stablecoin On/Off-Ramps: Bron partnered with Noah to connect self-custody wallets to stablecoin on- and off-ramps, targeting easier mainstream access while keeping user control. Regulated Digital Assets: Bullish won Gibraltar Financial Services Commission approval to offer tokenized securities, underscoring the push for supervised tokenization frameworks. Local Governance: Housing Minister Jay Ebanks told parliament tenancy legislation is slated for September, while pensioners’ RSA drawdown allowance rises 5.2% from 1 July 2026. Institutional Banking: FundBank rebranded its global institutional banking under IRACE Digital and flagged expansion across banking, digital assets and liquidity/execution infrastructure, including a Cayman partnership with Tenet Bank. Corporate Moves: Eldorado Drilling completed its merger with Vantage Drilling, and Eldorado reorganised into a Cayman Islands company.