News linked to both this project and an event.
According to the announcement on the CFTC official website, the U.S. Commodity Futures Trading Commission (CFTC) issued a Notice of Proposed Rulemaking (NPRM) on July 30 to solicit public comments on amendments to Parts 37, 38, and 39 of the regulations and sections 1.52 and 1.55, with a comment period of 60 days after publication in the Federal Register. This revision targets the increasingly common affiliations among CFTC-regulated entities, covering market participants including Derivative Clearing Organizations, Designated Contract Markets, Swap Execution Facilities, Futures Commission Merchants, and market makers, with a focus on resolving potential conflicts of interest within vertically integrated market structures. CFTC Chairman Michael S. Selig stated that the proposed rule will establish a principles-based regulatory framework for vertically integrated market structures, maintaining market integrity while avoiding stifling innovative market structures or imposing excessive compliance burdens on registered entities.
According to CNBC reports, Frank Pallone (New Jersey), the ranking Democratic member of the U.S. House Committee on Energy and Commerce, wrote to SpaceX CEO Elon Musk on July 29, requesting that he provide relevant records regarding its xAI Memphis data center by August 11 and allow an onsite visit. Pallone accused SpaceX of extensively using natural gas combustion turbines to power the Colossus and Colossus 2 data centers without obtaining permits or installing pollution control equipment, posing "significant health risks" to surrounding communities. Notably, the Trump administration's Department of Justice has sought to intervene to assist xAI in defending against relevant lawsuits filed by environmental organizations and the NAACP. A May Gallup poll showed that 70% of Americans oppose building AI data centers locally, as public resistance to the expansion of AI infrastructure by major tech companies continues to intensify.
Fidelity's Public Policy Department urged the U.S. Senate to pass the Digital Asset Market Structure Act, the CLARITY Act, as soon as possible, stating that establishing a clear regulatory framework would help boost investor confidence and enhance U.S. competitiveness in the global digital asset market.
According to the latest poll released by CNBC, American pessimism over the economic outlook has intensified, with 61% of respondents expressing pessimism about the current economic conditions and future trajectory — the highest level since December 2023. Only about a quarter of respondents hold an optimistic view. The survey shows that a majority attribute economic pressures to President Trump's economic policies. Regarding Trump's handling of the economy, 60% of respondents expressed dissatisfaction, while only 38% approved — one of the lowest ratings on this metric in his political career.Micah Roberts, a partner at Public Opinion Strategies, stated that the overall mood among voters is currently low, with those expecting the situation to worsen outnumbering those expecting improvement by 41% to 29%. Market confidence is entering a trough phase ahead of the midterm election cycle.Meanwhile, rising living costs are forcing American consumers to cut spending. The survey found that 47% of respondents are reducing spending on necessities such as food and healthcare — up 6 percentage points from April. About two-thirds of consumers are cutting back on non-essential spending like dining out.A separate study conducted by Bain & Company in collaboration with NielsenIQ showed that U.S. grocery purchases in June fell by 1.8% year-over-year, a sharp reversal from the 0.1% growth recorded during the same period last year.Kurt Grichel, head of Bain's U.S. retail practice, noted that a typical grocery run that cost around $300 in 2019 may now require $400. The "sticker shock" from price increases is now affecting a broader range of consumers, including higher-income households.Analysts point out that high food prices, elevated fuel costs, and the Trump administration's cuts to certain social welfare programs are collectively increasing pressure on consumers. The survey found that four out of five U.S. consumers are trying to reduce spending, with more than a quarter actively cutting back on food purchases. Among them, over half have switched to cheaper brands, while 49% are buying fewer items. (ibtimes)
Odaily Planet Daily reported that the District Court of Rotterdam, Netherlands, has declared the cryptocurrency trading platform Knaken Cryptohandel BV and its affiliated foundation bankrupt. Earlier, the public prosecutor's office stated that approximately 7 million euros (around 8 million US dollars) in client assets from the platform are unrecoverable. The court ruled on Thursday that since Knaken has suspended its platform services and restricted user access to accounts, initiating bankruptcy proceedings will facilitate an orderly liquidation of the company's assets. The court noted that the company's current assets are insufficient to fully repay user funds, and users also lack sufficient information to assess their own legal rights.The Dutch Public Prosecution Service filed the bankruptcy petition on June 30, having already launched a criminal investigation into the missing funds. The Dutch Fiscal Information and Investigation Service (FIOD) also raided Knaken's offices in late June, seizing related equipment and assets.Knaken was founded in 2017, headquartered in Rotterdam, and ceased operations in early June this year. According to Dutch media NL Times, the company was not listed on the register of authorized crypto asset service providers maintained by the Netherlands Authority for the Financial Markets (AFM).The AFM previously stated that after the Netherlands concluded the transition period for the EU's Markets in Crypto-Assets Regulation (MiCA) on June 30, 2025, it has begun taking regulatory and enforcement actions against unauthorized crypto asset service providers. (Cointelegraph)
ARK Invest’s Head of Research, Lorenzo Valente, recently publicly refuted a16z Crypto’s assertion that “traditional finance needs blockchain, not DeFi,” arguing that financial institutions are more likely to be built on open DeFi infrastructure in the future. Public blockchains have already demonstrated their advantages over private blockchain solutions. The growth of tokenized assets on open networks like Ethereum highlights the stronger network effects and scalability potential of public blockchains.Lorenzo Valente pointed out that the builders of the next generation of financial infrastructure may not be traditional financial institutions, but rather crypto-native enterprises, such as Circle and Coinbase.Earlier, a16z Crypto presented a differing view, suggesting that traditional financial institutions are not truly embracing DeFi, but are selectively adopting blockchain technologies that meet their existing compliance, governance, and operational requirements. Banks and asset management firms will build “programmable financial infrastructure” in the future, leveraging core capabilities of blockchain like tokenization and atomic settlement, but while maintaining permissioned management and institutional control.Sentora co-founder Jesus Rodriguez also raised objections to a16z’s stance. He argued that financial institutions might eventually adopt the underlying DeFi infrastructure and layer compliance, custody, and enterprise-grade control mechanisms on top of it.With the rapid development of RWA tokenization, on-chain settlement, and institutional-grade financial applications, the debate over the future dominance of “open DeFi architecture” versus “permissioned blockchain systems” is intensifying. (Cointelegraph)
: Ripple’s Global Head of Public Policy and Government Affairs, Lauren Belive, stated that opposing the CLARITY Act is not opposition to the crypto industry, but rather opposition to consumers, and would continue exposing crypto holders to bad actors who exploit regulatory arbitrage. Belive noted that while a digital asset market already exists in the United States, federal rules protecting consumers have not kept pace. She pointed out that the regulatory gaps that led to the collapse of FTX and the loss of customer funds still persist. Belive indicated that the CLARITY Act would grant the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) clear joint jurisdiction over the digital asset market, requiring tokens to undergo regulatory oversight before entering the market. Stuart Alderoty, Chief Legal Officer of Ripple and Chairman of the National Cryptocurrency Association, stated that opposing the CLARITY Act would allow the current unregulated status quo to continue and be exploited by bad actors.
According to The Block, JPMorgan analysts pointed out in their latest report that although Strategy's Bitcoin selling plan has triggered market attention, it is not the core risk facing Bitcoin. The real structural threat lies in the fact that blockchain applications such as tokenization, payments, and settlements are increasingly occurring on permissioned chains (Permissioned Blockchain), rather than on public chains such as Ethereum. If this trend continues, the public chain ecosystem will face issues such as declining liquidity and weakened capital inflows, ultimately dragging down Bitcoin valuations. The analysts also warned that the proliferation of bank-built blockchain infrastructure and tokenized deposits could undermine the position of stablecoins in institutional payments; regulated alternatives such as SWIFT's blockchain plan, the digital euro, and the digital yuan also constitute competitive pressure. However, the analysts also pointed out that if hybrid public-private chain models emerge, stablecoin regulation becomes clearer, or Bitcoin continues to be held as "digital gold", the aforementioned risks may be mitigated.
a U.S. federal court has refused to pause Tennessee's cryptocurrency ATM ban before its effective date of July 1. Public Chapter 766 remains enforceable while the constitutional lawsuit filed by CoinFlip and Private IT Corporation is ongoing. The law classifies the intentional installation, permitting, placement, or operation of virtual currency kiosks in Tennessee as a Class A misdemeanor. Tennessee Attorney General Jonathan Skrmetti stated that cryptocurrency ATMs are tools used by scammers targeting vulnerable Tennessee residents and are rarely used for near-legitimate purposes. CoinFlip operates over 5,500 Bitcoin ATMs across 48 U.S. states and multiple countries. Private IT Corporation, a smaller operator, joined the lawsuit after the Tennessee ban threatened its local business.
Odaily News British politician Nigel Farage has announced his resignation as MP for the Clacton constituency and will stand in the subsequent by-election to reclaim his seat, stating the move is intended to challenge the political establishment. Farage is currently under investigation by the Parliamentary Commissioner for Standards, with the core controversy centering on a large political donation that was not properly declared. Ahead of the 2024 general election, he received £5 million from Christopher Harborne, a crypto investor based in Thailand who also holds a partial stake in the stablecoin Tether. Public scrutiny continues over whether this crypto-related donation violated parliamentary declaration obligations. Under investigative pressure, Farage chose to resign and seek re-election, an event that has also fueled ongoing market discussions about the regulatory implications of crypto capital entering Western political systems. (Bloomberg)
OdailyOdaily reports that the Dutch Public Prosecution Service has requested the Rotterdam District Court to declare crypto platform Knaken Cryptohandel and its affiliated entity Stichting Knaken Payments bankrupt, citing "public interest" as the reason. Knaken has been offline since the beginning of June, leaving approximately 30,000 customers unable to access their funds.Knaken had allowed users to exchange euros for cryptocurrencies such as Bitcoin and Ethereum, and provided trading and digital asset storage services. Under EU crypto regulations, such activities require a license from the Dutch market regulator AFM, but Knaken did not obtain the necessary authorization. Additionally, a separate criminal investigation initiated by the Fiscal Information and Investigation Service is ongoing. On Monday, investigators searched relevant premises, seizing laptops, mobile phones, and company assets. No arrests have been made so far. (Decrypt)
According to a notice on the SEC’s official website, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a request for public comment on June 26 seeking input on further harmonizing the portfolio margining regulatory framework for securities, security-based swaps, futures, swaps, and related positions. The two agencies stated that this initiative aims to assess whether greater coordination could enhance risk management efficiency, reduce market fragmentation, and strengthen customer protection. The scope of the request for comment covers multiple topics, including existing margin methodologies, cross-product offsetting, capital and collateral treatment, clearinghouse considerations, and technical implementation. SEC Chair Paul S. Atkins stated that further harmonization of the framework could prevent jurisdictional overlap from impeding innovation and efficiency, and cross-margining mechanisms could unlock liquidity currently locked in segregated accounts. CFTC Chair Mike Selig also noted that enhanced interagency cooperation would help release underutilized capital and build a more robust risk management system. The public comment period will remain open for 60 days following publication in the <i>Federal Register</i>.
According to Odaily, the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC) have jointly released a document seeking public comments on further harmonizing the regulatory framework for portfolio margin and cross-margining of securities, security-based swaps, futures, swaps, and related positions. Key areas of focus include existing portfolio margin models and practices, customer protection, cross-margining and cross-product offsets, capital and margin and collateral treatment, clearing agency and clearing organization arrangements, and technical and operational implementation. The comment period is 60 days from the date the document is published in the Federal Register.
According to Cointelegraph, the U.S. Commodity Futures Trading Commission (CFTC) is seeking public comment on new data reporting requirements for fully collateralized event contracts. The proposal aims to replace the CFTC’s long-standing fragmented regulatory framework—comprised of multiple “no-action letters.”
OdailyOdaily reports that the Bank of England released its final policy statement and draft rules for systemic stablecoins on Monday, relaxing several previously proposed regulations. The central bank has canceled the original plan to impose caps on individual holdings, instead establishing a temporary issuance limit for each stablecoin, with an initial amount set at £400 billion (approximately $52.8 billion).Additionally, the Bank of England will allow issuers to hold up to 70% of reserve assets in short-term UK government bonds, up from the previously proposed 60%, with the remainder required to be held in non-interest-bearing central bank deposits. Public consultation on the proposals will remain open until September 22, with the rules expected to be finalized by the end of 2026. Regulated stablecoins are anticipated to begin operations in the UK by 2027. (decrypt)
Odaily Seer Channel monitoring shows that the probability on Polymarket for "Claude Fable 5 will be restored for US customers by June 26" has dropped to 41%, down 16% in 24 hours.Due to US government export controls imposed on national security grounds, Anthropic suspended global access to the Claude Fable 5 model just days after its release on June 9.Latest reports indicate that Anthropic executives have submitted a proposal to US Commerce Secretary Howard Lutnick, pledging closer collaboration with the White House and working to address the security concerns that led to restrictions on its powerful "Mythos" and "Fable" models.Sources familiar with the matter say that during ongoing remediation negotiations, Anthropic has committed to resolving any security issues more quickly in the future, though there is currently no exact timeline for a complete resolution. Another insider stated that Anthropic co-founder and Chief Computing Officer Tom Brown, along with Head of Public Policy Sarah Heck, are leading negotiations with Trump administration officials. Representatives from both Anthropic and the Department of Commerce did not respond to requests for comment.Odaily Seer Channel continues to monitor prediction markets, seeing changes before they are priced in.
According to The Edge Malaysia, Malaysia has announced a comprehensive revision of its civil servants’ stockholding and asset declaration system. Per the latest notice issued by the Malaysian Public Service Department, civil servants may invest in shares of companies registered in Malaysia; however, their shareholding must not exceed 5% of the company’s paid-up capital or RM300,000 in total value—whichever is lower. Compared to the previous cap of RM100,000, the new limit represents a significant increase. At the same time, the revised rules introduce a cumulative shareholding cap. Notably, digital assets are included in the regulatory framework for the first time, with an explicit emphasis on transparency and accountability in civil servants’ investment activities—to keep pace with evolving financial markets and investment instruments.
According to CoinDesk, the Malta Financial Services Authority (MFSA) has published a discussion paper exploring how decentralized finance (DeFi) can be incorporated into the EU’s Markets in Crypto-Assets (MiCA) regulatory framework. The MFSA notes that while MiCA exempts “fully decentralized” crypto-asset services, many DeFi projects still retain centralized features—such as admin keys, centralized governance, and protocol upgrade privileges. The regulator is seeking public input on whether decentralization should be viewed as a “spectrum” rather than a binary concept, and whether a standardized framework should be established to determine whether a given protocol falls outside MiCA’s regulatory scope. Additionally, the paper proposes potential legal structures—including DAOs and cell companies—and examines automated compliance mechanisms such as custodial agents. Public consultation on this discussion paper closes on July 10.
The Pakistan Virtual Assets Regulatory Authority (PVARA) has launched a public consultation on the draft “Pakistan Virtual Asset Services Regulations 2026” and its accompanying Activity-Specific Handbook, open for comments from June 11 to July 2, 2026, at 4:00 PM Pakistan Standard Time (PST).
, the Brazilian Superior Court of Justice (STJ) has rejected the release request of Mirelis Yoseline Diaz Zerpa, a Venezuelan woman who is the wife of “Bitcoin Pharaoh” Glaidson Acácio dos Santos, currently held in pre-trial detention. Her legal team filed a habeas corpus petition, citing reasons including the prison's failure to meet her “vegan diet” needs. However, the court ruled that dietary preferences do not constitute grounds for illegal detention, and any related adjustments can be handled administratively by the prison system at its discretion.Judge Maria Marluce Caldas, presiding over the case, noted that dietary restrictions based on personal choice lack the legal standing to overturn the legality of the detention, thus upholding the original ruling while requesting the prison to make reasonable dietary arrangements where conditions permit. Case documents show that Mirelis had been a fugitive in the United States for nearly four years before being deported back to Brazil due to visa issues and subsequently arrested. Prosecutors accuse her of involvement in organized crime leadership and large-scale crypto asset transfers, linked to investigations such as “Operation Kryptos.”The Brazilian Federal Public Prosecutor's Office (MPF) stated that during the investigation, approximately 20 million reais worth of crypto asset movement was identified, and related account operation records in Florida, USA, were traced. Authorities believe she still retains the ability to remotely control funds, posing a significant judicial risk. The case is currently under further review. (livecoins)