The Bangko Sentral ng Pilipinas (BSP) has introduced stricter requirements for virtual asset service providers (VASPs), requiring them to apply deeper screening, monitoring, and delisting procedures for cryptocurrencies offered to customers. Summary BSP requires crypto exchanges to conduct deeper reviews before listing tokens and stablecoins locally. New rules mandate continuous monitoring and clear delisting triggers…
SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz said Bitcoin could reclaim $70,000 by the end of July 2026. Summary Scaramucci sees negative Bitcoin sentiment as fuel for a possible move back above $70K soon. Novogratz says CLARITY Act progress could support Bitcoin, but timing remains politically uncertain this summer. The SpaceX…
The European Union’s MiCA transition period ends on July 1, 2026, creating a hard stop for crypto exchanges, brokers and wallet providers that still lack approval. Summary MiCA’s July 1 deadline could cut off unlicensed platforms from serving crypto users across Europe. Only a small licensed group may remain as thousands of EU crypto firms…
Seven spot ETFs and $1.44 billion in inflows could not lift XRP off its lows. The reason is not weak demand. It is that the ETFs delivered access without the one thing institutions actually require, and only an act of Congress can provide it. Summary XRP’s ETF inflows prove institutional access is working, but access…
Crypto’s market structure bill cleared committee and then walked into a trap with two jaws. One fight is about the President’s crypto fortune. The other is about whether writing code makes you a money transmitter. Neither side will move, and the clock is running out. Summary The CLARITY Act is no longer stuck on one…
Anthropic has been hit with a proposed class-action lawsuit alleging that subscribers paying up to $200 per month for premium Claude plans have received significantly less usage than the company’s marketing materials suggested. Summary Anthropic faces a proposed class-action lawsuit alleging its Claude Max subscription plans provide less usage than advertised. Plaintiff Karl Kahn claims…
A state-level crypto regulatory bill introduced in Kentucky includes provisions that would force hardware wallet manufacturers to build a “backdoor” into devices, according to the Bitcoin Policy Institute. Summary Kentucky House Bill 380 proposes requiring hardware wallet providers to enable recovery of seed phrases, raising concerns over potential backdoor access. Bitcoin Policy Institute says the…
This week banks and crypto lobbyists may reach a compromise on stablecoin yield payments, according to U.S. Senator Tim Scott. Currently, the Senate’s crypto market structure bill progress remains stalled. Summary Senator Tim Scott says a proposal to resolve the stablecoin yield dispute could arrive this week, raising hopes for movement on the stalled Senate…
The US Securities and Exchange Commission and the Commodity Futures Trading Commission have issued a joint interpretation outlining how crypto assets are treated under federal securities laws. Most notably, the statement emphasised that most crypto assets are not themselves securities. Summary SEC and CFTC issue joint interpretation stating most crypto assets are not securities and…
US Securities and Exchange Commission Chair Paul Atkins has proposed a “safe harbor” framework aimed at easing regulatory pressure on crypto firms while keeping them within the federal oversight structure. Summary SEC Chair Paul Atkins proposes safe harbor exemptions to allow crypto firms to raise capital under defined regulatory pathways. Framework includes startup and fundraising…
