SBF appeal rejected: a US appeals court unanimously upholds Sam Bankman-Fried’s 25-year prison sentence for the FTX fraud case.
Legal & Compliance
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.
The CLARITY Act passed the Senate Banking Committee 15 to 9. In the full Senate, 7 votes are missing and ethics dispute blocks the path.
The SEC delays its innovation exemption for tokenized stocks indefinitely. Third-party tokens have emerged as the central sticking point.
Trump’s executive order directs the Federal Reserve to review crypto firm access to Master Accounts and Fedwire.
The Bank of England weighs alternatives to BoE stablecoin holding limits for sterling. Industry criticism meets conservative reserve rules.
SEC plans Innovation Exemption for tokenized stocks in May 2026. DTCC pilot launches July, NYSE rules already active.
CME and ICE press CFTC and Congress to put Hyperliquid under oversight. At stake: 700 million USD in daily oil perpetual volume.
Poland’s Sejm debates four MiCA bills while the Zondacrypto case puts Zug-based Divisio Holding AG at the center of a criminal probe.
The Clarity Act passes the US Senate Banking Committee 15-9. Ethics questions over the Trump family crypto businesses threaten passage.
FINMA tightens consumer protection in crypto, grants first DLT license to BX Digital, and plans new license categories for stablecoin issuers.
Canada announces national crypto ATM ban. Roughly 4,000 machines are affected as Ottawa targets fraud and money laundering.
More than 50% of the bitcoin supply now sits at a loss. K33 sees parallels to earlier bear market lows that followed within weeks.
A Reuters analysis estimates the Trump family’s crypto gains at $2.3 billion, while investors incurred book losses of the same amount.
