Crypto has had no shortage of turning points, but the one now unfolding has a different character. It lacks the drama of the boom-and-bust cycles that tend to dominate the headlines, and that quietness is precisely why it matters. Stablecoins have travelled from the margins of digital finance to the heart of global payment flows, and they have arrived well ahead of the rules meant to govern them.

Crypto has had no shortage of turning points, but the one now unfolding has a different character. It lacks the drama of the boom-and-bust cycles that tend to dominate the headlines, and that quietness is precisely why it matters. Stablecoins have travelled from the margins of digital finance to the heart of global payment flows, and they have arrived well ahead of the rules meant to govern them.

Every June, professional services firms publish their commitments to inclusion. The language is warm, the intentions are genuine, and the programmes are often impressive - mentoring schemes, employee networks, unconscious bias training, diversity targets with board-level accountability. Large firms have the infrastructure to do this well, and many do. Inclusion means different things in different contexts. June is the month when that conversation is most alive - and when it