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Since 2017, CryptoSlate has strived to be an objective authority in the rapidly evolving and nascent digital assets space. With a focus on Bitcoin, DeFi, NFTs, and web3, CryptoSlate aims to be a go-to destination for both novice and experienced crypto investors.

Event-related news

U.S. Congress Proposes Reestablishing the Cryptocurrency Crime Task Force to Fill the Law Enforcement Gap Left by the DOJ’s Disbanding of the NCET

According to CryptoSlate, U.S. Representatives Lance Gooden and Josh Gottheimer jointly introduced the Federal Cryptocurrency Theft Enforcement and Coordination Act, which proposes establishing a Federal Cryptocurrency Theft Task Force within the Department of Justice (DOJ). The task force would comprise representatives from the DOJ, FBI, Department of Homeland Security, and Department of the Treasury (including FinCEN). It would serve as the federal government’s central coordinating body for preventing, investigating, and prosecuting cryptocurrency theft cases, while also providing training and technical guidance to local law enforcement agencies on evidence collection, asset tracing, and victim support. This move follows the DOJ’s April 2025 decision to disband the National Cryptocurrency Enforcement Team (NCET), citing a shift toward “prosecution over regulation.” FBI data shows that cryptocurrency-related complaints reached 181,000 in 2025, with losses exceeding $11 billion. Notably, the bill explicitly excludes cryptocurrency market regulation from the task force’s mandate, and existing criminal statutes remain unchanged. However, critical details—including funding sources, staffing levels, and victim response mechanisms—remain undefined, prompting external concerns about the bill’s practical implementation.

MiCA’s grace period expires on July 1, and approximately 75% of crypto platforms in the EU may face shutdown

According to CryptoSlate, the transitional grace period for the EU’s crypto regulatory framework, MiCA, will officially end on July 1, 2026. As of May 2026, only 194 crypto firms across the EU have obtained formal licenses—while over 3,000 crypto enterprises registered in 2024. Approximately 75% of legacy platforms are expected to lose their operating eligibility once the grace period concludes. Unlicensed platforms must orderly shut down, migrate users to licensed platforms, or fully exit the European market before the deadline. France’s financial regulator, the AMF, has taken the firmest stance, explicitly warning that unlicensed operations may incur penalties of up to two years’ imprisonment and a €30,000 fine. For ordinary users, if their platform fails to obtain a MiCA license, they may face restrictions such as being unable to deposit funds or being required to withdraw existing funds.

The White House is studying the basis for a ban on stablecoin yield, and the Senate battle over the CLARITY Act has entered a critical phase.

According to CryptoSlate, the White House Council of Economic Advisers recently released a research report stating that banning stablecoin yields offers only minimal protection for bank lending, yet would significantly reduce consumers’ ability to earn returns through digital cash. This conclusion directly undermines the banking industry’s core argument in favor of yield restrictions and provides new policy support for the CLARITY Act. Currently, Treasury Secretary Bessent and SEC Chair Atkins have both publicly endorsed the bill, indicating growing alignment between the executive branch and regulatory agencies. However, the Senate Banking Committee has yet to announce a timeline for reviewing the legislation, and political maneuvering remains the largest uncertainty. Analysts note that if the committee completes its review before the summer recess, the bill’s chances of passage will rise substantially; otherwise, it faces the dual risks of electoral pressures and legislative delays.

U.S. Congress Proposes Reestablishing the Cryptocurrency Crime Task Force to Fill the Law Enforcement Gap Left by the DOJ’s Disbanding of the NCET

According to CryptoSlate, U.S. Representatives Lance Gooden and Josh Gottheimer jointly introduced the Federal Cryptocurrency Theft Enforcement and Coordination Act, which proposes establishing a Federal Cryptocurrency Theft Task Force within the Department of Justice (DOJ). The task force would comprise representatives from the DOJ, FBI, Department of Homeland Security, and Department of the Treasury (including FinCEN). It would serve as the federal government’s central coordinating body for preventing, investigating, and prosecuting cryptocurrency theft cases, while also providing training and technical guidance to local law enforcement agencies on evidence collection, asset tracing, and victim support. This move follows the DOJ’s April 2025 decision to disband the National Cryptocurrency Enforcement Team (NCET), citing a shift toward “prosecution over regulation.” FBI data shows that cryptocurrency-related complaints reached 181,000 in 2025, with losses exceeding $11 billion. Notably, the bill explicitly excludes cryptocurrency market regulation from the task force’s mandate, and existing criminal statutes remain unchanged. However, critical details—including funding sources, staffing levels, and victim response mechanisms—remain undefined, prompting external concerns about the bill’s practical implementation.

The White House is studying the basis for a ban on stablecoin yield, and the Senate battle over the CLARITY Act has entered a critical phase.

According to CryptoSlate, the White House Council of Economic Advisers recently released a research report stating that banning stablecoin yields offers only minimal protection for bank lending, yet would significantly reduce consumers’ ability to earn returns through digital cash. This conclusion directly undermines the banking industry’s core argument in favor of yield restrictions and provides new policy support for the CLARITY Act. Currently, Treasury Secretary Bessent and SEC Chair Atkins have both publicly endorsed the bill, indicating growing alignment between the executive branch and regulatory agencies. However, the Senate Banking Committee has yet to announce a timeline for reviewing the legislation, and political maneuvering remains the largest uncertainty. Analysts note that if the committee completes its review before the summer recess, the bill’s chances of passage will rise substantially; otherwise, it faces the dual risks of electoral pressures and legislative delays.

Related news

U.S. Congress Proposes Reestablishing the Cryptocurrency Crime Task Force to Fill the Law Enforcement Gap Left by the DOJ’s Disbanding of the NCET

According to CryptoSlate, U.S. Representatives Lance Gooden and Josh Gottheimer jointly introduced the Federal Cryptocurrency Theft Enforcement and Coordination Act, which proposes establishing a Federal Cryptocurrency Theft Task Force within the Department of Justice (DOJ). The task force would comprise representatives from the DOJ, FBI, Department of Homeland Security, and Department of the Treasury (including FinCEN). It would serve as the federal government’s central coordinating body for preventing, investigating, and prosecuting cryptocurrency theft cases, while also providing training and technical guidance to local law enforcement agencies on evidence collection, asset tracing, and victim support. This move follows the DOJ’s April 2025 decision to disband the National Cryptocurrency Enforcement Team (NCET), citing a shift toward “prosecution over regulation.” FBI data shows that cryptocurrency-related complaints reached 181,000 in 2025, with losses exceeding $11 billion. Notably, the bill explicitly excludes cryptocurrency market regulation from the task force’s mandate, and existing criminal statutes remain unchanged. However, critical details—including funding sources, staffing levels, and victim response mechanisms—remain undefined, prompting external concerns about the bill’s practical implementation.

MiCA’s grace period expires on July 1, and approximately 75% of crypto platforms in the EU may face shutdown

According to CryptoSlate, the transitional grace period for the EU’s crypto regulatory framework, MiCA, will officially end on July 1, 2026. As of May 2026, only 194 crypto firms across the EU have obtained formal licenses—while over 3,000 crypto enterprises registered in 2024. Approximately 75% of legacy platforms are expected to lose their operating eligibility once the grace period concludes. Unlicensed platforms must orderly shut down, migrate users to licensed platforms, or fully exit the European market before the deadline. France’s financial regulator, the AMF, has taken the firmest stance, explicitly warning that unlicensed operations may incur penalties of up to two years’ imprisonment and a €30,000 fine. For ordinary users, if their platform fails to obtain a MiCA license, they may face restrictions such as being unable to deposit funds or being required to withdraw existing funds.

Quantum Computers Crack 15-bit ECC Keys; Bitcoin’s 256-bit Security Remains Unthreatened—But Migration Countdown Accelerates

According to CryptoSlate, Project Eleven awarded the Q-Day Prize to researcher Giancarlo Lelli on April 24 for successfully deriving a 15-bit elliptic curve private key from its public key using publicly accessible quantum hardware—the largest publicly demonstrated instance of its kind to date, representing a 512-fold improvement over the prior 6-bit demonstration in September 2025. Lelli employed a variant of Shor’s algorithm tailored to the Elliptic Curve Discrete Logarithm Problem (ECDLP), the mathematical foundation of Bitcoin’s signature scheme; the award-winning hardware comprised approximately 70 qubits. Currently, no known quantum computer can break real Bitcoin wallets, and Bitcoin’s 256-bit elliptic curve security remains far beyond the capabilities of existing quantum systems. Notably, Google revised downward its resource estimates for ECDLP-256 on March 31 and set a post-2029 target for migration to quantum-resistant cryptography; Cloudflare promptly followed suit, and the UK’s National Cyber Security Centre (NCSC) established migration milestones between 2028 and 2035. On-chain data indicates that roughly 6.93 million BTC are currently exposed to potential quantum risk due to publicly revealed public keys. The Bitcoin community has proposed BIP 360 and BIP 361 to facilitate migration toward quantum-resistant output types; however, coordination across the decentralized network remains the greatest challenge.

The White House is studying the basis for a ban on stablecoin yield, and the Senate battle over the CLARITY Act has entered a critical phase.

According to CryptoSlate, the White House Council of Economic Advisers recently released a research report stating that banning stablecoin yields offers only minimal protection for bank lending, yet would significantly reduce consumers’ ability to earn returns through digital cash. This conclusion directly undermines the banking industry’s core argument in favor of yield restrictions and provides new policy support for the CLARITY Act. Currently, Treasury Secretary Bessent and SEC Chair Atkins have both publicly endorsed the bill, indicating growing alignment between the executive branch and regulatory agencies. However, the Senate Banking Committee has yet to announce a timeline for reviewing the legislation, and political maneuvering remains the largest uncertainty. Analysts note that if the committee completes its review before the summer recess, the bill’s chances of passage will rise substantially; otherwise, it faces the dual risks of electoral pressures and legislative delays.