Crypto Advisors Uncover Key Due Diligence Questions
Advisors must revisit due diligence on client cash management, regulatory assumptions, and AI’s role in crypto trades as the GENIUS Act approaches implementation by 2027. #Update #Crypto $USDC
Regulation
Bitcoin: 160 Veterans Back CLARITY Act
160 former national security and law enforcement veterans urge Senate leaders to support the CLARITY Act, increasing pressure on crypto regulation. #Update #Crypto
DeFi Launches New Crypto Campaign Funding Option
@DefendDevelopersPAC, a new hybrid political action committee, aims to raise six figures to support pro-crypto incumbents in key midterm races, focusing on legal protections for developers. #Update #Crypto
Senate Approves Clarity Act Amid Crypto Debate
The Digital Asset Market Clarity Act has been formally submitted to the Senate, but time is limited with eight weeks until summer recess and competing legislative priorities. #Update #Crypto $BTC
Crypto Partnerships Banned by UK Watchdog
Premier League clubs warned by the U.K. Financial Conduct Authority about unauthorized crypto sponsorships, risking legal liability and reputational damage. Notably, @OKX is not FCA-authorized while @Kraken is. #Update #Legal $BTC $ETH
Stablecoin Risks Deter Lending Confidence
U.S. banking lobbyists, including the American Bankers Association, revealed a survey showing 57% support halting crypto yield on stablecoins, arguing it risks community lending as lawmakers draft the Digital Asset Market Clarity Act. #Update #Crypto $USDC
Bitcoin Bans Hit Iran’s Nobitex Exchange
OFAC sanctioned Nobitex and three Iranian exchanges, freezing assets and barring U.S. dealings due to links with Iran’s IRGC. #Breaking #Legal @Nobitex
SEC Prioritizes Crypto Rules in Overhaul
The SEC prioritizes digital asset regulation in its 2026-2030 agenda, emphasizing innovation and investor protection with clearer crypto rules. #Update #Legal
SEC Bans Binance US Operations
Blockchain.com has confidentially filed for a U.S. IPO, signaling confidence in regulatory stability. ECB warns against euro stablecoin risks, highlighting policy divides with the U.S. #Update #Crypto
MiCA Unlocks Offshore Corporate Potential
MiCA Decoded reveals offshore structures can comply with EU regulations without full relocation, challenging previous assumptions about MiCA licensing requirements. #Update #Crypto
Crypto Perpetuals Transform Future Landscape
This morning, the Commodity Futures Trading Commission approved a true bitcoin perpetual contract for CFTC-registered exchanges, marking a significant step for U.S. crypto regulation. #Update #Crypto $BTC
Clarity Act Sparks Oversight Regulation Concerns
Klein warns that expanding the CFTC’s authority under the Clarity Act could lead to ineffective regulation without adequate resources, risking repeat failures in crypto oversight. #Update #Crypto
SEC Endorses 24/7 Crypto Trading Benefits
The U.S. Commodity Futures Trading Commission warns that while 24/7 trading suits crypto, it may not be suitable for traditional markets due to risks of volatility and market manipulation. #Update #Crypto $BTC $ETH
CFTC Approves Crypto Perpetual Contracts at Coinbase
U.S. CFTC approves @Kalshi to list bitcoin perpetual futures, allowing U.S. firms to engage in this market. Coinbase also receives guidance for global options and perps via its CFM subsidiary. #Update #Crypto $BTC