Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Policy News
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Industry leaders say transaction-level taxes and loss restrictions are draining liquidity as India tightens crypto compliance and enforcement.
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Crossmint has secured MiCA authorization from Spain’s CNMV to operate as a crypto asset service provider, allowing it to passport stablecoin infrastructure services across the EU.
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Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Act–style measures.
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Of the 90 crypto businesses registered in France without a MiCA license, 40% are not seeking the license, while 30% remain unresponsive as regulators warn of July shutdowns.
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UK Prime Minister Keir Starmer scrapped plans to make digital ID mandatory for workers after a backlash over “Orwellian” surveillance fears.
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Rulemaking involves individual regulators and agencies fleshing out the details of a law passed by legislators. It can include publishing proposed rules and seeking public comment.
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Nigeria’s tax overhaul pulls crypto exchanges into identity-based reporting, reshaping how digital assets are brought into the traditional economy.
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Thailand reportedly plans tighter reporting, Travel Rule enforcement and a national data hub to track illicit flows across both traditional and digital assets.
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A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens.
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The Blockchain Regulatory Certainty Act aims to clarify that writing software and maintaining networks don’t trigger federal or state money-transfer requirements.
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Cardano founder Charles Hoskinson said the CLARITY Act may not pass this quarter, and criticized US crypto laws for favoring big banks over innovation.
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DFSA’s new company-led suitability model and AML expectations may make it difficult for licensed entities to justify supporting privacy-focused assets.
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Cato Institute analyst Nicholas Anthony argues the US Congress needs to reform the Bank Secrecy Act, repeal confidentiality laws and end reputational risk regulation to address debanking.
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Federal Reserve Chair Jerome Powell said a Justice Department investigation should be viewed in the context of mounting political pressure over the Fed’s interest rate independence.
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