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Regulation/Compliance

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Bybit will gradually restrict European Economic Area users from accessing certain global platform services.

Bybit issued an announcement stating that to advance regulatory compliance, it will implement operational and structural adjustments in the European Economic Area and gradually restrict residents of the European Economic Area from accessing certain services of Bybit Global. Affected users will receive clear notice regarding the timeline for handling existing and new positions before the measures are implemented, and custodied assets within the account will remain accessible as normal.

The "Clarity Act" Enters Key Negotiation Period, Could Be Submitted for Full Senate Vote as Early as Late July

the core US crypto regulatory bill, the "Digital Asset Market Clarity Act" (Clarity Act), has entered a critical two-week negotiation cycle for legislation. The Senate will be in recess until July 13. During the recess, bipartisan staff, the White House, and representatives from the crypto industry will continue to negotiate outstanding differences in the bill, focusing on resolving disputes over topics such as the integration of the two bill versions from the Senate Banking Committee and the Agriculture Committee, ethics clauses, and anti-money laundering rules.If all parties successfully reach a unified compromise version, the bill could be submitted for a full Senate vote as early as late July to early August. The market generally believes that the period before the August congressional recess is the only window for the bill to be passed this year. If the vote is not completed during this phase, the probability of the bill being enacted into law within 2026 will significantly decrease. (Crypto in America)

The U.S. partially eases export restrictions on Anthropic, marking a new phase of tiered AI regulation liberalization

the U.S. Department of Commerce has made differentiated adjustments to export restrictions on frontier models from AI company Anthropic, signaling that global AI regulation has entered a new phase of "tiered liberalization." The policy shows that the official ban on exporting Claude Mythos 5 has been lifted, allowing specific compliant and controlled users to resume using this cybersecurity model. Meanwhile, another high-end model, Fable 5, remains under export restrictions, with related policy consultations still ongoing.Industry analysts indicate that this layered control model—loosening restrictions in some areas while tightening in others—reflects the U.S. balancing act between national security, data sovereignty, and international AI competition. As the global AI race continues to accelerate, specialized models capable of vulnerability exploitation are facing increasingly stringent scrutiny from various countries. Multiple nations have initiated discussions on establishing a unified cross-border regulatory framework for frontier AI capabilities. (Forbes)

The next two weeks may determine the subsequent direction of the Clarity Act

According to Eleanor Terrett, as the U.S. Senate will be in recess until July 13, relevant staff, the White House, and industry stakeholders are ramping up coordination to resolve key issues blocking the Clarity Act from reaching a full Senate vote. Progress in negotiations over the next two weeks could determine the bill's future trajectory.

White House Tightens AI Regulation, Open-Source Models May See Development Dividends

The White House continues to tighten AI-related regulatory policies, and open-source AI models are becoming clear beneficiaries. Multiple developers and corporate executives have indicated that closed-source frontier models, represented by Anthropic Fable 5, face strong policy uncertainties. Many applications built on top of closed-source models have suffered business impacts due to model restrictions or discontinuation.As the supply stability and compliance risks of closed-source models simultaneously increase, a large number of developers are switching to open-source AI solutions to break free from dependence on a single vendor and reduce systemic operational risks. Industry analysis notes that open-source models lack single-entity control, making them difficult to restrict directly through administrative measures. Their appeal in enterprise implementation and developer ecosystems continues to grow. (The Information)

Ukraine Seizes $8.3 Million in Crypto Assets, Potentially Paving the Way for a Strategic Crypto Reserve

OdailyOdaily reports that the Prosecutor General's Office of Ukraine stated it has, for the first time, transferred approximately $8.3 million worth of USDT crypto assets into the national asset management system, marking the country's first official takeover of seized crypto assets. The funds originate from an investigation into an international hacking group, which is alleged to have laundered money through high-value real estate and other assets. The assets were received by the Asset Recovery and Management Agency (ARMA) of Ukraine, with the transfer completed pursuant to a court order.Officials stated that this operation marks a significant step for Ukraine in the regulation and management of crypto assets, and aligns with ongoing discussions regarding the establishment of a strategic crypto reserve. Previous data indicates that Ukraine ranked among the top in Europe in terms of crypto transaction volume between 2024 and 2025.However, the relevant assets are currently in a "custodial" state and have not been legally forfeited; subsequent judicial conviction procedures are still required. Analysts believe that the mechanism of this move is similar to the path of the United States using criminally forfeited crypto assets to build a potential strategic reserve. (CoinDesk)

U.S. Senator to Propose AI Agent Regulatory Draft, Legislative Focus Shifts to Agent Economy and Application Layer Governance

U.S. Democratic Senator Mark Warner plans to release an AI-related discussion draft on Monday, focusing primarily on the rapidly evolving field of “AI Agents.” While the U.S. Congress has already introduced dozens of bills related to artificial intelligence, covering areas such as deepfakes and model security, this new draft shifts regulatory attention further into the frontier domain of AI Agents.Compared to conversational applications like ChatGPT and Claude, AI Agents are emerging as a key driver of AI technology growth and capital investment. They are widely used in customer service systems, automated task processing, and various online service scenarios, positioning them as a crucial development direction for the next phase of the AI industry. (The Information)

Trump "officially" announces US-Iran talks to be held tomorrow, but Iran's deputy foreign minister says "not yet arranged"

: The technical negotiation team responsible for implementing a temporary peace agreement between the US and Iran will hold talks in Doha, Qatar in the coming days. Over the weekend, both sides launched retaliatory strikes, pushing the already fragile ceasefire agreement to the brink of collapse.A source familiar with the negotiation process added that mediators have established communication channels to de-escalate sudden incidents, and technical consultations will continue to move forward. However, Iran's Deputy Foreign Minister Kazem Gharibabadi sent conflicting signals on Monday through Iran's Tasnim News Agency. He stated that no technical working group talks were scheduled this week, and the negotiations in Qatar have not yet been finalized. He also noted that routine consultations between Iran and Qatar are proceeding as usual, including follow-ups to verify whether the other side is fulfilling its commitments under the agreement. (Reuters)

Anthropic CEO Warns: Open Source AI Is Heading Down a Dangerous Path, Posing Risks of Irreversible Misuse

Dario Amodei, CEO of Anthropic, told lawmakers during a U.S. congressional hearing that the development of open-source artificial intelligence is entering a "very dangerous path." Once AI models with strong capabilities are released as open source, developers will lose effective oversight over how the models are used, including the ability to monitor misuse, revoke access permissions, or dynamically update security safeguards, thereby significantly increasing potential risks. Dario Amodei emphasized that, compared to closed-model systems, fully open models are more difficult to implement ongoing security governance controls, which could lead to irreversible risks of abuse. (BitcoinNews)

Taiko: Mainnet to Resume Operations in Four Steps; Vulnerability Fixed and Security Review Completed

Taiko, an Ethereum Layer 2 project, announced that its fix has been reviewed by independent security experts. The mainnet will resume operations in four steps, including: deploying the fix and confirming the chain's final state is correct, ensuring there are no invalid checkpoints or attacker-submitted records that could be accepted; replenishing cross-chain bridge liquidity to ensure all L2 assets maintain a 1:1 reserve; restoring network operations and reopening L2 transfers, swaps, and trading functions; and having the security committee propose lifting the bridge suspension to fully restore asset deposit and withdrawal functionality.Taiko stated that during the initial reopening period, relatively conservative withdrawal limits will be set as an additional security measure, but this is not expected to affect users' normal asset operations.

Analyst: Market has ample "dry powder," but entry may require rate cuts as trigger; S&P 500 and money market fund assets rise in tandem

: Eric Balchunas, Senior ETF Analyst at Bloomberg, stated that the S&P 500 is currently at historical highs, while money market fund (MMF) assets have also hit record levels. This contrast of "both stocks and cash at highs" is stark, but for bulls, it means there is still plenty of "dry powder" that has yet to enter the market. A significant return of funds to the stock market may only occur when interest rates fall below 3%, as in the current 4% yield environment, investors prefer holding stable net asset value money market funds with no drawdown risk over bond ETFs.Balchunas believes that the substantial drawdown in the bond market in 2022 (e.g., AGG fell by about 13%) eroded investor confidence in traditional bonds, leading money market funds to partially replace traditional bond allocations. Additionally, macroeconomic uncertainties in the U.S. (including factors related to Trump's policies) have further exacerbated capital's wait-and-see sentiment.

欧洲加密企业迎 MiCA 大限,或超八成遭淘汰

欧洲加密资产市场监管框架 MiCA 过渡期将于 7 月 1 日结束,预计约 80% 未获授权企业将面临关闭,仅约 244 家企业获得 MiCA 许可。

Gate Europe Compliance License Strategy Unleashes Advantages, Driving Expansion in Digital Asset Trading Market

that, according to the latest social media news from CoinGecko, Gate, along with platforms such as Coinbase and OKX, is competing for new users in the EU. Gate continues to advance its European compliance process. Its Malta-based entity, Gate Europe, has obtained the European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), strengthening its global compliance framework.Furthermore, leveraging its rich trading products, robust platform services, and global operational capabilities, Gate is actively addressing the growing demand for digital asset trading in the European market. This strategic deployment not only enhances Gate's localized service capabilities in Europe but also provides solid support for the platform in terms of user trust, fund security, compliant operations, and long-term market expansion, underscoring its competitive compliance advantage among global crypto trading platforms.

CPX 24-Hour Gain Exceeds 50%; CoinUp Founder Queenie Emphasizes Long-Term Value in Post

CoinUp stated that CPX will continue to advance based on real-world application scenarios and ecosystem implementation, and the platform will continue to build around product optimization, ecosystem expansion, and global compliance layout.

Galaxy Research:CLARITY 法案 2026 年通过概率下调至 50%

据 Galaxy Digital 研究主管 Alex Thorn(@intangiblecoins)发文,Galaxy Research 将 CLARITY 法案 2026 年内通过的概率由 60% 下调至 50%,主要原因为参议院日程持续收窄,而非法案本身实质内容恶化。 法案自 6 月 1 日通过参议院银行委员会(15 比 9)后,已列入参议院立法日程第 423 号,但至今未设定表决日期,银行委员会与农业委员会的文本合并工作仍在幕后推进。 日程竞争方面,FISA 第 702 条重新授权、2027 财年 NDAA 国防授权法案、SAVE Act 选民身份证明法案,以及特朗普以 SAVE Act 为条件拒绝签署已获两院压倒性通过的住房法案,均在争夺有限的参议院议程时间。 Alex Thorn 指出,参议院多数党领袖 Thune 最迟需在 7 月初宣布表决时间,否则法案将推迟至 9 月,届时将面临中期选举政治压力。若两周内宣布时间安排,通过概率将回升至 60% 以上;若沉默延续至 7 月中旬,概率将进一步下调。

India USDT Premium Rises Above 8.5%

USDT supply is tightening in India, with the local stablecoin premium rising above 8.5%, up from the usual 3% to 4%. On Saturday, USDT was quoted at 102.88 Indian rupees, compared to the USD/INR closing rate of 94.65 on Friday.According to the report, the decline in USDT inflows and concerns over further slowdown stem from the Enforcement Directorate's crackdown on a 250-billion Indian rupee transfer of funds via virtual digital assets. Purushottam Anand, founder of Crypto Legal, stated that the recent price increase may partly reflect a risk premium driven by regulatory uncertainty. (economictimes)

Dubai Crypto Market Reaches 50 Licensed Institutions, VARA Approves Tokenization Platform Tribe Tokenisation

According to Cointelegraph, the Dubai Virtual Assets Regulatory Authority (VARA) has granted the 50th Virtual Asset Service Provider (VASP) license to tokenized asset platform Tribe Tokenisation FZE. VARA stated that licensed enterprises must undergo a controlled operation phase before formally providing services. As of the end of 2025, 39 licensed VASPs were fully operational, and the latest 2026 data is still being verified. In comparison, Singapore currently has 37 licensed Digital Payment Token service providers, while Hong Kong has only 13 licensed Virtual Asset Trading Platforms.

Analysts: Bitcoin at Key Technical Indicator Level, Could Drop Further 30%

Miller Tabak strategist Matt Maley and 22V Research technical strategist John Roque believe Bitcoin is at a key technical indicator level.Matt Maley stated that if Bitcoin declines further from its current level of around $60,000, it could amplify negative investor sentiment. Although Wall Street firms continue to invest in digital assets, retail investors, who have historically been the main force driving cryptocurrency rallies, have shifted their focus to high-growth AI and tech stocks. Recent significant outflows from Bitcoin ETFs indicate waning investor enthusiasm. Cryptocurrencies are also showing signs of decoupling from the stock market.John Roque noted that Bitcoin is retesting its first downside target of $60,000. If it breaks below this level, it implies a potential drop to $400,000. Matt Maley added that Congress might pass a crypto structure bill with clearer rules, which would reduce uncertainty and encourage institutional participation in the long run. Furthermore, Bitcoin ETFs experienced their largest monthly outflow since 2024 recently. (CNBC)

Loopring DEX Announces Suspension of All Trading Services

According to official sources, Loopring DEX has ceased all trading services, and its relayer has been taken offline. The team stated the closure was due to a lack of substantial adoption, the absence of a virtual machine, the delisting of LRC by major exchanges in 2026, and its technology being surpassed by modern zkEVMs. The team will directly distribute all assets to users, requiring no on-chain operations or payment of gas fees.In the coming days, the team will publish on X platform the final balance list for Loopring L2, including spot balances and liquidity pool positions automatically converted into tokens. This list will be displayed for two weeks for verification. After the review period, assets will be sent in batches directly to users' L1 wallet addresses. This distribution is limited to accounts with a final total balance value of $10 or more, and the entire distribution process is expected to be completed within a few weeks after initiation.

FBI: Victims of OneCoin scam can apply for compensation before June 30

the U.S. Federal Bureau of Investigation (FBI) is reminding victims of the OneCoin international cryptocurrency investment scam that they can apply for compensation through a special program by the U.S. Department of Justice (DOJ) before the June 30 deadline.This process allows individuals who purchased OneCoin between 2014 and 2019 and suffered direct financial losses due to the OneCoin scheme to submit applications. Victims can submit their applications via mail, email, or an online form. Submitting an application does not guarantee financial compensation. The DOJ stated that OneCoin investors worldwide collectively lost over $4 billion.