● Beat
On the Hill
Regulators and policy.
- 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.