Trump’s Strategic Bitcoin Reserve is stuck in a turf war between the Treasury and Commerce departments, while its legal basis is missing.
Legal & Compliance
Seven Swiss crypto service providers hold a MiCA CASP authorization. AMINA was the world’s first; three followed via Liechtenstein.
The Clarity Act delay is intensifying: Galaxy Research cut the odds of a 2026 signing to 50%, while Polymarket now prices them at just 39%.
The FCA cuts the stablecoin capital requirement from 2 to 1 percent and publishes the UK’s first comprehensive crypto rulebook.
Binance withdraws its Greek MiCA license application and halts all EU crypto services from 1 July. Customers must withdraw their funds.
Four US law enforcement organizations warn that Section 604 of the Clarity Act would hinder investigations into crypto crime.
CME Group sues the CFTC after the regulator approved perpetual futures as futures rather than swaps under the Dodd-Frank Act.
Illinois becomes the first US state to introduce a 0.2% Illinois crypto tax on digital asset transfers, taking effect in January 2027.
CBDC ban in the US: the Senate and House agree on a housing bill that bars the Fed from issuing a digital dollar until the end of 2030.
Greece’s HCMC plans to reject Binance’s MiCA licence. Without approval by 1 July 2026, the exchange faces exclusion from the EU market.
SBF appeal rejected: a US appeals court unanimously upholds Sam Bankman-Fried’s 25-year prison sentence for the FTX fraud case.
The CFTC Innovation Agenda under Chairman Selig replaces enforcement with clear rules for crypto, perpetual futures and prediction markets.
Crypto sanctions against Russia: the 21st package proposes a first-ever ban on crypto services targeting entire third countries.
Bessent urges Clarity Act passage by summer and confirms progress on the strategic US Bitcoin reserve, now holding 328,372 BTC.
Jamie Dimon attacks Coinbase CEO Armstrong and fights for the banks’ stablecoin yield rule in the CLARITY Act lobbying battle.
UK sanctions against HTX, Exmo and 16 other entities target Russia’s A7 crypto network with annual volume exceeding USD 90 billion.
18 percent hold crypto assets in Switzerland, an IFZ and LUKB study shows. Banks see potential for up to 1 million advisory clients.
The 21Shares mid-year report rates the Bitcoin cycle as intact despite a 50 percent correction and sees prediction markets ahead.
