EU hits Russia with massive 21st sanctions package targeting $120B crypto network
The EU is considering a ban on thirdcountry crypto services providers for the first time and is targeting 14 crypto companies, which it has not named yet.…
Clarity Act expected to miss its window before Congress' summer break, leadership says
The deadline to get the crypto market structure bill done before senators scatter will likely be missed, says Majority Leader Thune, though it may get a start…
The SEC settles with Coinbase over its missing Gary Gensler texts
A new court status report reveals the agency will pay a flat fee to resolve a twoyear fight over what former Chair Gary Gensler knew about Ethereum.…
Goldman Sachs CEO backs Clarity Act despite banking industry's concerns over stablecoin rules
The Goldman Sachs CEO said the crypto market structure bill would create a more stable regulatory framework, breaking with other major bank leaders who oppose…
Polymarket to challenge France’s nationwide website block
France’s regulator has said the platform still promoted illegal gambling and cited loss, identitycheck and marketmanipulation risks. Source:CoinDesk
Senator Lummis: Ethics, other provisions in crypto Clarity Act to be further discussed
Senator Cynthia Lummis, one of the lead negotiators on the bill, told CoinDesk she was "pleased" that the updated bill was ready for release. Source:CoinDesk
Key Democratic lawmakers say crypto Clarity Act 'falls short' on ethics, other issues
Several of the Democrats most likely to vote for the crypto market structure bill said they had issues with the new draft published by Republicans earlier in…
New Clarity Act emerges that's a start on the final draft, makes ethics rule temporary
Lawmakers have circulated text of the latest draft that will be pushed toward a Senate finish line, but they're still debating a core governmentethics piece.…
SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws
The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured. Source:CoinDesk
U.S. seeks forfeiture of $25 million in crypto tied to romance and investment scams
The cases add to more than $800 million that authorities say a dedicated federal scam task force has recovered. Source:CoinDesk
Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. Source:CoinDesk
Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
The White House has circulated some details of the conflictofinterest limits the president agreed to with Republican negotiators, but talks are still underway.…