US Senate Republicans released an updated CLARITY Act text on July 22, advancing a federal market-structure framework for digital assets. The bill addresses ethics rules for officials, stablecoin rewards, and developer protections, moving towards a potential floor vote despite ongoing negotiations.
Vietnam introduces fines for retail crypto users on unlicensed platforms, while Japan reclassifies crypto as financial assets with new tax rules and penalties. South Korea updates national asset management to include crypto and addresses platform hacks, while Malaysia faces controversy over a school hosting Israeli citizens. Coinbase reportedly opens verification for China-based users, and Hong Kong approves a tokenized fund.
Nigerian President Bola Ahmed Tinubu signed an executive order to harmonize digital asset regulation, establish a virtual asset council, and update tax policies. This aims to protect citizens from fraud, safeguard financial integrity, and enable responsible innovation amidst strong digital asset adoption.
Russia's State Duma is holding final readings on a bill to regulate cryptocurrency, introducing annual purchase limits for non-qualified investors (300,000 rubles) and cross-border transfer limits, aiming to establish a legal framework by Sept. 1.
France's gambling regulator blocks Polymarket, a prediction market platform, deeming it illegal gambling. ESMA adds 14 crypto firms to the MiCA register, slowing licensing pace. Balaji Srinivasan seeks legal assurances from Malaysia after a probe into Network School.
The US Supreme Court ruled President Trump can remove FTC commissioners without cause, overturning a 1935 precedent. This expands executive authority over independent agencies like the SEC and CFTC, creating mixed implications for crypto regulation and the Digital Asset Market CLARITY Act.
JPMorgan cautions that rapid US crypto regulation might create oversight gaps, particularly in stablecoin incentives and anti-money laundering tools, as the Digital Asset Market Clarity Act nears a Senate vote.
The European Parliament's economic affairs committee has recommended the European Commission assess regulating crypto lending, borrowing, staking, NFTs, and DeFi. The report also supports tokenization and euro-denominated stablecoins under MiCA, ahead of a plenary vote.
African nations like Nigeria, South Africa, and Kenya are shifting from crypto bans to regulation, recognizing its role as a payment system for remittances, savings, and trade. This move aims to integrate digital assets into the financial system, addressing issues like expensive remittances and inflation.
The European Commission is gathering feedback on potential revisions to the Markets in Crypto Assets (MiCA) framework, dubbed "MiCA 2.0." The consultation focuses on refining regulations for DeFi, stablecoins, and prediction markets, aiming for greater clarity and competitiveness in the digital asset space.
Bitcoin's recovery is linked to a potential US-Iran peace deal, with on-chain metrics showing weak momentum. Meanwhile, the CFTC has hired a former SEC crypto task force adviser, and MicroStrategy purchased 1,587 BTC, increasing its holdings to 846,842.
The US SEC has released its 2025-2030 strategic plan, explicitly identifying cryptocurrencies as a priority for regulation. The roadmap aims to establish clear rules for crypto trading platforms, DeFi, and staking, moving away from case-by-case enforcement.
Bitcoin drops below $75,000, decoupling from a record-high stock market fueled by AI growth, amid weak crypto sentiment, regulatory delays, and Fed policy uncertainty.
The CLARITY Act, aiming to provide a clearer federal map for digital asset markets, is advancing in the Senate. However, concerns are rising about the Commodity Futures Trading Commission's (CFTC) capacity to regulate the crypto spot market, given recent workforce reductions and the agency's existing challenges.
The European Commission has launched a public consultation to review and potentially update the EU's Markets in Crypto-Assets Regulation (MiCA), seeking feedback on stablecoins, DeFi, and consumer trust until August 31.
The Senate Banking Committee approved the Digital Asset Market CLARITY Act, a comprehensive crypto regulation bill, sending it to the full Senate. The bill divides jurisdiction between the CFTC and SEC, and despite challenges, aims for passage by July 4, 2026.
Solana has launched the Solana Research Institute (SRI), a Swiss-based research body founded by former Euroclear executive Angus Scott, designed to help financial institutions navigate evolving crypto regulations like Europe's MiCA and the US GENIUS Act. The initiative includes a 60-page report for senior practitioners and contributions from the Solana Foundation, Jito, R3, and Figment. The launch follows Solana's 2025 Policy Institute in Washington and targets firms assessing operational and risk considerations for public blockchain adoption.
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.
Blockstream’s Adam Back discusses why people think he’s Satoshi Nakamoto, while the CEO of OKX Europe said MiCA is “extremely beneficial” for the industry at the latest LONGITUDE event in Paris.
Russia's State Duma passed bill No. 1194918-8 'On Digital Currency and Digital Rights' in first reading on Tuesday, moving Moscow closer to a regulated crypto trading system. The legislation would allow Russians to buy and sell crypto through approved intermediaries starting July 2026, while banning unlicensed platforms in 2027. Retail investors would face limits including a 300,000 rubles annual cap and can only trade the most liquid digital currencies meeting strict capitalization and volume thresholds.
Paul Atkins completes one year as SEC chair, marking dramatic shift from Gary Gensler's aggressive crypto enforcement. SEC dropped investigations, approved crypto ETFs, signed CFTC MOU, and issued guidance not treating most cryptos as securities. Democrats, led by Elizabeth Warren, criticize potential conflicts of interest and reduced enforcement actions to a 10-year low.
Poland’s parliament has once again failed to overturn President Karol Nawrocki’s veto of the crypto regulation bill.
