Kazakhstan plans to require miners to meet strict infrastructure standards and transfer part of their mined crypto assets to a state-backed reserve under new rules.

The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages.

Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.

According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.

The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws, depending on how they are structured and operated.

The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.

Proponents of the digital euro say its a better alternative to cash that’s fully backed by the ECB. But critics argue it could provide the EU with too much power over its citizens.

According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive growth of prediction markets.”

A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address crypto-related crime.

The price of Bitcoin moved above $66,000 to reach a seven-week high on Tuesday as reports circulated of a deal with the White House to address ethics in the CLARITY Act.

Gate Europe’s Giovanni Cunti says some MiCA-licensed crypto firms may struggle to sustain compliance costs as Europe enters its new regulatory era.

The State Duma legislation creates a regulated framework for crypto market participants and now moves to President Vladimir Putin for his signature before becoming law.

A UK parliamentary group launched an inquiry into banking restrictions on crypto firms and consumers, including their impact on investment and competition.

The settlements add to former Celsius CEO Alex Mashinsky’s $10 million FTC settlement in April.

The decision keeps the administration’s chief crypto policy negotiator in place during what could be a decisive few weeks for the CLARITY Act.

Coinbase vice chair Ryan VanGrack said that Democratic lawmakers had added provisions on customer protection to a digital asset market structure bill under consideration in the US Senate.

The SEC alleges Mining Automatic and its founder raised $22 million from investors by promising guaranteed crypto mining returns while spending only a fraction of the funds on mining operations.

The West African country’s executive order established a virtual asset council and addressed the fragmentation of crypto regulation for oversight and enforcement.

The new rules establish penalties as much as $1,900 for crypto violations, including unlicensed trading and AML breaches, ahead of Vietnam’s regulated crypto market launch.

Russia’s State Duma is set to consider the crypto regulation bill in second and third readings, with rules for investors and cross-border payments included.

Financial Services Commission Chair Lee Eog-won posted the figures on the second anniversary of the enactment of the Virtual Asset User Protection Act.

US regulators failed to finalize implementing regulations by the GENIUS Act’s one-year deadline, issuing 10 proposed rules instead.

With the Senate likely voting on a crypto bill within days, Elizabeth Warren asked for information on Donald Trump’s earnings between January and July ahead of a 2027 deadline.

The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in the first quarter of 2027.

Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an on-site meeting with one of their executives.

ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294.

“If we are not welcome, there are many other countries that would welcome us,” said Network School founder Balaji Srinivasan in a message to the Malaysian prime minister.

A former CFTC commissioner urged lawmakers not to “kill all the hard work that we put in the rest of the bill” by making ethics a make-or-break issue on crypto market structure.

The global task force said criminal networks are using stablecoins and developing proprietary tokens to evade asset freezes as countries struggle to enforce crypto AML rules.

US President Donald Trump is set to meet with several senators on Thursday as negotiators race to get the CLARITY Act across the line before the Senate’s August recess.