cryptocurrency regulation
Here’s What Happened in Crypto Today
Bitcoin maintained its grip on the $63,000-$64,000 range as institutional ETF inflows resumed, while regulatory headwinds mounted with the Crypto Clarity Act facing collapsing odds and Ripple simultaneously scoring a major win with full MiCA compliance in the European Union. Tether’s launch of native USDT on Bitcoin via the RGB protocol marked another significant infrastructure...
Here’s What Happened in Crypto Today
Crypto markets faced a challenging Wednesday as macroeconomic headwinds intensified, with Bitcoin sliding to 21-month lows amid Federal Reserve rate hike signals, Ethereum Foundation announcing significant staff cuts, and regulatory uncertainty surrounding the CLARITY Act clouding the sector’s outlook. Digital assets showed broad weakness, with major tokens extending losses as investors reassess risk exposure in...
CLARITY Act Misses July 4 Deadline as Senate Passage Odds Hit 50-50
The Senate’s July 4 deadline for President Trump to sign the landmark CLARITY Act has effectively closed without floor action, leaving the bill’s passage odds hovering near 50-50 as the legislative window narrows sharply before the August recess. With the Senate not returning until July 13 and fewer than four weeks of floor time remaining...
Catholic Bishops Challenge CLARITY Act Over Trafficking Safeguards
Nearly 100 Catholic bishops have formally opposed the CLARITY Act, arguing that a key provision designed to protect cryptocurrency developers would weaken federal safeguards against human trafficking and financial crimes. The letter, sent Tuesday to Senate leadership by the Alliance to End Human Trafficking, marks a significant moral and institutional challenge to legislation that has...
CoinEx Traced Funneling $3.84B to Iran, Sanctions Evasion Probe Finds
Blockchain intelligence firm TRM Labs has traced approximately $3.84 billion in flows between the cryptocurrency exchange CoinEx and sanctioned Iranian entities over the past seven years, according to a Wall Street Journal investigation published today. The finding marks one of the largest sanctions evasion schemes uncovered in the crypto sector and has triggered immediate regulatory...
Senate Passes CBDC Moratorium Through 2030, Protects Stablecoins
The U.S. Senate voted overwhelmingly on Monday to impose a moratorium on Federal Reserve digital currency issuance through 2030, reflecting deep bipartisan skepticism toward central bank digital currencies even as regulators tighten oversight of private stablecoins. The 85-5 passage of the measure, embedded within the 21st Century Road to Housing Act, marks the strongest congressional...
Here’s What Happened in Crypto Today
Bitcoin experienced significant downward pressure today as geopolitical tensions resurfaced with the collapse of Iran-Israel peace negotiations, while network activity metrics revealed resilience through record data storage adoption. Meanwhile, the digital asset ecosystem faced internal challenges, with XRP holders expressing frustration over Ripple’s strategic priorities and a major digital credit token suffering severe devaluation. Bitcoin...
SEC and CFTC Issue Historic Joint Crypto Interpretation
The Securities and Exchange Commission and Commodity Futures Trading Commission jointly issued a landmark interpretation on June 18, 2026, clarifying how federal securities laws apply to crypto assets after more than a decade of regulatory ambiguity. The coordinated action represents the most significant regulatory development in digital assets this year and signals a unified federal...
White House Convenes on CLARITY Act as Senate Vote Window Narrows
The White House convened a critical two-day meeting on June 9-10, 2026, to advance the CLARITY Act, the most significant cryptocurrency regulatory framework proposed in the United States since the 2008 financial crisis. The legislation, which passed the Senate Banking Committee with bipartisan support last month, now faces a narrowing legislative window and mounting pressure...
CFTC Approves Onshore Bitcoin Perpetual Futures, Signals Regulatory Progress
The U.S. Commodity Futures Trading Commission has approved onshore Bitcoin perpetual futures contracts, marking a significant regulatory milestone for institutional cryptocurrency trading in America. The approval, announced June 12, 2026, removes a critical infrastructure barrier for U.S.-based traders seeking high-leverage derivatives exposure to Bitcoin, signaling continued momentum toward mainstream financial integration of digital assets. Background...