● Beat
On the Hill
Regulators and policy.
- Senate shelves Clarity Act vote until September.
- Crypto bill's ethics clause could hand Trump a personal tax deferral.
- Crypto PACs deploy $1.5 million into three state-level primary races.
- Putin signs Russia's first comprehensive crypto trading law.
- CLARITY Act at a standstill as Senate faces days-long window before August recess.
- Crypto-backed Michigan incumbent loses primary despite $2 million in PAC support.
- Putin signs Russia's landmark retail crypto trading law.
- Senator Warren demands answers on UAE AI chip access following Trump crypto investments.
- Senate Democrats plan to block Clarity Act cloture as the recess clock ticks.
- Warren and Blumenthal call on the SEC to investigate Trump's memecoin.
- US and UK reaffirm joint support for stablecoins and tokenisation.
- Tribal gaming lobby pushes to add sports betting fence to the Clarity Act.
- Bernstein warns CLARITY Act failure opens a second leg down for crypto valuations.
- Trump's top Treasury crypto adviser Tyler Williams departs as legislation hits a critical juncture.
- Robinhood secures UK crypto registration ahead of the incoming regulatory regime.
- Bitget to wind down Japan operations entirely by year-end.
- Crypto Clarity Act final negotiations hinge on ethics provisions.
- SEC pauses Nasdaq bitcoin options review while examining CME's jurisdictional argument.
- Iran-linked exchange Shelbit allegedly routed $676M to Binance in a sanctions-evasion operation.
- SEC will re-examine its approval of Nasdaq bitcoin options following a CME challenge.
- Minnesota becomes the first US state to ban crypto ATMs outright.
- A crypto-aligned PAC injected another $1M into a Michigan House Democratic primary.
- Circle stacks a New York trust charter on top of its federal OCC approval.
- New York sues Kalshi for $36 billion, alleging the platform is an illegal gambling operation.
- US Treasury sanctions Iranian firms accepting bitcoin for Strait of Hormuz passage.
- Senate Democrats propose a dedicated anti-corruption bureau as Trump crypto disclosures widen.
- Clarity Act hangs by a thread as Senate recess approaches.
- Senator Schumer proposes a new agency to scrutinise presidential crypto conflicts of interest.
- South Korea moves toward a 2027 crypto capital gains tax with a roughly $1,740 exemption threshold.
- CME's Terry Duffy flags a tax ambiguity that could kneecap US perpetual futures before they launch.
- CLARITY Act odds drop to 27% as the Senate window narrows.
- SEC Chair Atkins signals the SEC will step in with rules if CLARITY fails.
- Russia charges Pavel Durov with aiding terrorism and issues an international arrest warrant.
- 44 state attorneys general tell the CFTC it has no authority over sports prediction markets.
- Senate shelves Clarity Act, SEC threatens to act unilaterally.
- South Korea drafts consolidated crypto law with stablecoin rules as opposition targets tax repeal.
- Minnesota prediction market ban blocked by federal judge.
- Myanmar enacts life sentences for crypto fraud, death penalty for forced scam labour.
- The Senate shelves the Crypto Clarity Act, leaving market structure legislation in limbo.
- Kalshi and Polymarket win a federal court pause on Minnesota's prediction market ban.
- Binance's Android app disappears from Google Play in several EU markets amid MiCA scrutiny.
- BNY Mellon's European unit joins the MiCA register as ESMA expands the list to 15 new providers.
- CFTC fires a second warning at prediction markets over boilerplate self-certifications.
- Fidelity lobbies the Senate to pass the CLARITY Act.
- Bitcoin Policy Institute embeds staff inside the State Department's digital freedom programme.
- The EU's 21st Russia sanctions package names 14 crypto platforms, including HTX, for sanctions evasion.
- Galaxy cuts Clarity Act passage odds to 30% as ethics language stalls negotiations before the August recess.
- EU bans Belarusian nationals from owning or controlling MiCA-regulated crypto firms from 25 August.
- Wise plans to resubmit its national trust bank application using the GENIUS Act framework.
- Senate Majority Leader Thune says the Clarity Act will not pass before Congress leaves for its August recess.
- Goldman Sachs CEO David Solomon backs the Clarity Act, breaking with JPMorgan's Jamie Dimon and banking trade groups.
- Gemini sent $10 million in Bitcoin to a Trump-aligned PAC after filing a joint motion with the CFTC.
- The SEC has scheduled a roundtable for 17 September to explore moving US equity markets toward 24-hour trading.
- Senate will vote on the Clarity Act next week without Democratic buy-in.
- Bloomberg reported that Tether shaped the Clarity Act through Commerce Secretary Lutnick and former White House aide Bo Hines.
- SEC Commissioner Peirce warned DeFi vault builders they face securities law exposure.
- The Digital Chamber is suing Illinois over a new 0.2% state-level crypto transaction tax.
- Russia's State Duma passes a crypto market law with a retail purchase cap.
- The Digital Chamber sues Illinois over a 0.2% digital asset transaction tax.
- UK parliament opens a formal inquiry into banking access for crypto firms.
- MiCA compliance costs may push more licensed firms out of the EU.
- Trump accepts ethics language for the CLARITY Act, unblocking the path to a Senate vote.
- Russia's State Duma is two votes away from passing its first comprehensive crypto law.
- Nigeria consolidates crypto oversight under a new virtual asset council via executive order.
- Celsius co-founders Leon and Goldstein agree to pay over $6 million to the FTC.
- GENIUS Act turns one with US regulators having missed every implementing deadline.
- South Korea logged 40 crypto market manipulation investigations across two years under its user protection law.
- France ordered ISPs to block Polymarket ahead of the World Cup final.
- Regulators miss the GENIUS Act's one-year deadline for final stablecoin rules.
- France orders ISPs to block Polymarket.
- Clarity Act passage odds hit a record low on Polymarket as the Senate stalls.
- Senator Warren presses for Trump's 2026 crypto earnings disclosure ahead of a Senate vote.
- HSBC Orion receives Bank of England approval to enter the Digital Securities Sandbox.
- ECB board member pitches the digital euro as the structural answer to stablecoin deposit flight.
- US Senate passes unanimous resolution opposing SBF clemency.
- Crypto market structure bill faces final hurdle over Trump ethics provisions.
- FATF pushes governments to accelerate crypto AML enforcement.
- Trump set to meet senators Thursday on CLARITY Act ethics section.
- Japan formalises crypto's status as a financial asset with insider trading rules.
- South Korea moves to classify digital assets as national assets.
- Trump's AG pick grilled over dismantling of DOJ crypto enforcement unit.
- Senate Democrats call the Clarity Act 'corrupt' as Lummis confirms a floor vote before August 10.
- US and UK treasuries publish a joint digital asset roadmap covering stablecoins and tokenised securities.
- UK HMRC defers capital gains on crypto deposited into lending protocols and liquidity pools.
- CFTC orders Kalshi to honour Michigan prediction market trades over a state court's cancellation order.
- Clarity Act momentum stalls as the Senate Republican majority shrinks and Democratic resistance firms up.
- Chinese prosecutors float treating mixer and privacy-coin use as presumptive evidence of laundering.
- New Hampshire signs a 'Blockchain Basic Laws' package extending its Bitcoin reserve framework.
- Wall Street transfer agents formally lobby the SEC against third-party token issuance.
- Senator Lindsey Graham's death has put the Republican Senate majority at risk.
- Kevin Warsh faces his first rate decision as Fed Chair at the July meeting.
- Pakistan's crypto regulator is navigating a fatwa declaring digital asset purchases impermissible under Islamic law.
- UK signals it is getting serious about crypto regulation.
- The US CBDC ban is now law, passing without Trump's signature.
- Senate Democrats demand hearings into Trump's crypto profits and policy influence.
- New Hampshire's executive council votes down a $100 million bitcoin bond proposal.
- North Carolina recognises CFTC authority over prediction markets and taxes them at 6%.
- CLARITY Act update expected as soon as next week.
- New Hampshire executive council kills bitcoin municipal bond proposal.
- White House says Democrats never responded to CFTC and SEC nomination requests.
- Phantom and Hyperliquid urge CFTC to stop treating onchain protocols like traditional brokers.
- Sen. Wyden presses Senate leaders to protect open-source blockchain developer safe harbour.
- EU officials consult on expanding MiCA to cover non-EU stablecoin issuers and tokenisation.
- India's RBI reiterates push to bar banks from any crypto exposure.
- Sen. Warren labels the Clarity Act a potential sanctions evasion vehicle.
- SEC crypto safe-harbour rule expected for public comment this month.
- Nigel Farage resigns from Parliament over crypto donation scandal.
- EU Parliament adopts post-MiCA digital assets policy report.
- New Hampshire lawmakers schedule hearing on $100M Bitcoin-backed bond proposal.
- Trump's Strategic Bitcoin Reserve is stalled by a Treasury-vs-Commerce turf war.
- Ripple clears MiCA's full CASP authorisation in Luxembourg.
- Belgium's FSMA flags six unauthorised CASPs in the first post-MiCA transitional sweep.
- FCA warns that agentic AI meeting tokenised money could reshape financial regulation wholesale.
- Congress heads into recess with crypto legislation still unresolved.
- Banks are no longer debating stablecoin legitimacy, they are mapping implementation.
- Nigel Farage faces fresh scrutiny over undisclosed funding from a crypto-adjacent fraud conviction.
- Americans moved $571 million on Polymarket political markets despite being formally banned.
- Revolut will delist USDT for some users from September.
- US law enforcement lobby drops its block on the CLARITY Act.
- EU moves to bar retail from prediction markets.
- UK crypto rules promise global trading access but compliance timelines are tight.
- Trump acknowledges a $1.4 billion crypto windfall and sees nothing wrong with it.
- MCSA moves to neutral on the CLARITY Act, clearing a Senate path.
- India's central bank pushes to ring-fence banks from crypto and private stablecoins.
- Farage reported to the UK standards watchdog over Tether-linked lobbying.
- FBI Director Kash Patel disclosed a six-figure Strategy stake months after the trade.
- US Treasury sanctions more than 130 ISIS-K crypto addresses, Tether freezes the Tron wallets.
- CFTC chair Selig rebukes Illinois over its 0.2% crypto transaction tax.
- Ripple co-founder Chris Larsen backed a derivatives exchange founded by Senator Gillibrand's son.
- Trump's $1.4 billion in crypto income is now accelerating demands for ethics language in the stablecoin bill.
- MiCA's final transition period closed on 1 July, but the rulebook is already being revised.
- Taiwan passed its first comprehensive crypto and stablecoin law.
- Crypto industry spending hit $189 million on the 2026 midterms, with Ripple, Crypto.com and Coinbase leading.
- MiCA's transitional window closes; ESMA puts Binance's EU model in the crosshairs.
- Taiwan passes a full crypto licensing framework.
- UK lowers stablecoin capital buffers, undercutting MiCA standards.
- Trump disclosed over $1.2 billion in crypto-related income.
- MiCA's July 1 deadline lands with 244 licences issued and up to 10 million EU users potentially disrupted.
- Galaxy cuts CLARITY Act 2026 odds to 50% as TD Cowen calls passage 'far from assured'.
- UK FCA finalises its crypto regulatory framework with a February 2027 authorisation deadline.
- Supreme Court rules Trump can dismiss SEC and CFTC commissioners at will.
- BIS annual report calls stablecoins structurally unfit to serve as money.
- EU's EBA proposes fines of up to 12.5% of annual revenue for non-compliant token issuers.
- Dubai's VARA reaches 50 licensed crypto firms.
- CZ publicly advocates for the US as the global centre of the crypto industry.
- EU Parliament calls for a formal assessment of DeFi, staking, and NFT regulation under a non-binding report.
- Binance exits EU services as MiCA takes full effect 1 July.
- Bipartisan senators demand a CFTC investigation into Polymarket's marketing practices.
- SEC and CFTC issue joint request for comment on cross-market portfolio margin harmonisation.
- Crypto-backed Fairshake PAC wins all three targeted primaries.
- Senate crypto legislation faces a shrinking July window as housing bill chaos eats floor time.
- Binance will restrict EU onboarding from July 1 as MiCA enforcement arrives.
- House Democrats ask the SEC to clarify its stance on AI investment advisers.
- South Korea fines Bithumb over cross-border user data sharing.
- Trump pulls out of housing bill, stalling the CBDC ban provision.
- Senate turns its attention to Trump's $500 million UAE deal with World Liberty Financial.
- Law enforcement groups and Catholic organisations formally oppose the Clarity Act.
- Crypto-backed candidates win primaries in Maryland, New York, and Utah.
- Anti-CBDC language clears Congress tucked inside a housing affordability bill.
- Senate Democrats call for hearings on the Trump family's $500 million crypto arrangement with Abu Dhabi.
- Fairshake-backed candidate wins Maryland primary, adding another crypto-friendly candidate to the November map.
- The Clarity Act's Senate path remains murky as new opposition surfaces from Catholic advocacy groups.
- US Senate passes a four-year ban on a Fed-issued retail CBDC, tucked into a housing bill.
- Bank of England softens stablecoin framework, replacing holding caps with a £40 billion issuance guardrail.
- Crypto industry groups press Congress to pass the mining and staking tax bill without amendments.
- Crypto PACs drop over $8 million on primary races in New York, Maryland, and Utah.
- Thailand seizes 315 Bitcoin mining rigs across five provinces in illegal-operation crackdown.
- Republican bill targets prediction market insider trading, exempts Congress.
- WhiteBIT secures MiCA licence in Austria ahead of 1 July deadline.
- ECB's role in Binance's MiCA application draws scrutiny.
- US regulators propose bank-grade customer identification rules for stablecoin issuers.
- CME Group files suit against the CFTC over approval of crypto perpetual futures.
- CFTC permanently bans former Celsius CEO Alex Mashinsky from trading.
- Malta proposes a DeFi and DAO regulatory framework under the MiCA era.
- Illinois signs a 0.2% crypto transaction tax into law, drawing industry fury.
- CME Group announces it will sue the CFTC over perpetual futures approval.
- Kentucky sues Polymarket, Kalshi and their brokerage partners over sports event contracts.
- CBDC ban through 2030 tucked into a bipartisan housing bill.
- Binance's EU exit is covered in the lead. See above.
- Bipartisan senators press Treasury to keep states in the GENIUS Act stablecoin process.
- Crypto PAC drops $12 million into Alabama Senate runoff.
- US gaming industry lobbies Congress to exclude sports prediction markets from the CLARITY Act.
- CFTC poaches an SEC crypto task force adviser with blockchain forensics expertise.
- CFTC sues New Mexico, its eighth state-level prediction market action.
- Trump-linked USD1 stablecoin used to pay UFC bonus winners at a White House event.
- Philippines central bank bans privacy coins and tightens listing standards.
- SEC clears a tokenisation path via guidance rather than formal rulemaking.
- Zimbabwe mandates crypto firm registration with the central bank.
- US crypto regulation enters a crowded legislative summer.
- India issues 44,000 VDA tax notices identifying $104 million in undisclosed income.
- Coin Center testifies before House Ways and Means on de minimis exemptions and block-reward taxation.
- CFTC sues New Mexico as its jurisdictional push over prediction markets widens.
- Polish president vetoes MiCA implementation bill for the third time.
- SEC's plan to scrap Rule 611 could clear a major path for tokenised stock trading.
- Y Combinator throws its weight behind the CLARITY Act.
- Japan's lower house passes bill treating crypto as a financial instrument.
- Hungary scraps Orban-era rules that made crypto trading a criminal offence.
- US House bill proposes a DOJ-led federal task force targeting crypto theft and scams.
- CFTC issues its first formal rule proposal for prediction markets.
- NYDFS proposes a GENIUS Act-aligned stablecoin rule with reserve caps.
- Paradigm and Hyperliquid push back on GENIUS Act AML obligations.
- EU drafts sanctions targeting eleven crypto platforms with Russia ties.
- House crypto tax hearing exposes a real legislative rift.
- UK FCA proposes a 10% crypto ETN allocation ceiling for retail mutual funds.
- Warren demands records from a CFTC she calls gutted and rudderless.
- Over 200 crypto firms lobby the Senate to schedule a Clarity Act vote.
- Over 200 industry names push the Senate for a Clarity Act floor vote.
- UK FCA proposes letting authorised funds hold up to 10% in crypto ETNs.
- House Ways and Means to review draft crypto tax legislation.
- Sam Bankman-Fried formally filed a pardon application with the Trump administration.
- Ways and Means crypto tax provisions: what's actually in the bill.
- Iran sanctions package hits the country's largest crypto exchange.
- Hungary signals it will roll back domestic crypto market restrictions.
- House Ways and Means circulates seven crypto tax bills ahead of a 9 June hearing.
- Senate blocks FISA extension carrying embedded crypto and CBDC-related surveillance provisions.
- Crypto Council for Innovation launches a coalition pushing for regulatory clarity on yield-bearing DeFi vaults.
- Seven crypto tax bills circulated ahead of a House Ways and Means Committee hearing on Tuesday.
- Illinois is one signature away from a 0.2% crypto transaction tax becoming state law.
- CLARITY Act stalls again as Senator Alsobrooks insists on an ethics deal before a floor vote.
- House Ways and Means weighs crypto tax bills including a small-transaction exemption.
- South Korean police open the country's first illegal gambling probe into Polymarket users.
- EU MiCA grace period ends 1 July with ESMA saying unlicensed firms must stop serving EU clients.