New Hungarian Law Criminalizes ‘Unauthorized’ Crypto Trades, Rattling Firms

Under newly enacted legislation in Hungary, digital asset traders using “unauthorized” cryptocurrency exchanges could face up to two years in prison, with harsher penalties for larger transactions. Crypto Firms Eye Exit Amidst Legal Uncertainty Hungarian digital asset traders using “unauthorized” cryptocurrency exchanges face up to two years in prison under newly enacted legislation. Those conducting … Read more

Trump Says Lawmakers Will Vote in Favor of GENIUS Act Tomorrow Morning

President Donald Trump ignites new momentum for the GENIUS Act with a last-minute comeback deal, reigniting hopes for sweeping digital asset regulation amid GOP internal upheaval. Trump Announces Breakthrough on GENIUS Act President Donald Trump announced on social media platform Truth Social on July 15 that after a failed procedural vote on the GENIUS Act … Read more

House Slams Brakes on Crypto Legislation as Trump Eyes US Digital Asset Supremacy

The House blocked major crypto bills, but accelerating Senate momentum and surging institutional demand are reigniting hopes for transformative U.S. digital asset legislation. US Crypto Legislation Stalls in House, Disrupting Momentum on Digital Asset Rules The U.S. House of Representatives blocked a procedural vote on July 15, preventing formal consideration and discussion of three crypto … Read more

Fairshake Crypto Super PAC Raises $140M for US Midterm Elections

The funding comes at a time when key crypto legislation will be debated during what the U.S. House of Representatives dubbed “Crypto Week.” Crypto Super PAC Nabs $140M Ahead of Midterms Crypto political action committee (PAC) Fairshake has raised more than $140 million in preparation for the 2026 U.S. midterm elections, according to reporting published … Read more

DOJ and CFTC Terminate Polymarket Investigations: Bloomberg

U.S. authorities have closed investigations into crypto-betting platform Polymarket, signaling a regulatory shift under the Trump administration. Bloomberg reports that the U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) formally notified Polymarket this month that their probes into the prediction market are ending. The investigations, which intensified late in the Biden administration, … Read more

Nauru Appoints Australian Brian Phelps as CEO of New Virtual Asset Authority

Following the recent passage of legislation to regulate virtual assets, including cryptocurrency, Nauru’s government has appointed Australian banking and financial markets executive Brian Phelps as the inaugural CEO of the Command Ridge Virtual Asset Authority (CRVAA). President David Adeang highlighted Phelps’ extensive experience in the industry, emphasizing that his leadership will establish a foundation of … Read more

3 US Banking Regulators Unite: Crypto Safekeeping Set for Major Bank Expansion

U.S. regulators just cleared a critical path for banks to offer crypto asset safekeeping, signaling new momentum for compliant, risk-managed institutional entry into digital finance. US Banking Regulators Issue Joint Statement on Crypto A renewed regulatory focus is opening the door for banks to engage with crypto asset safekeeping, provided they meet established risk standards … Read more

Ripple CEO Urges Congress to Pass Swift Legislation for Explosive Crypto Growth

Game-changing crypto regulation could cement U.S. dominance in blockchain innovation, driving explosive growth and global leadership in digital assets. Ripple CEO Calls for Urgent US Crypto Legislation Robust legislation could decisively position the U.S. as the global hub for digital asset innovation while protecting consumers and revitalizing financial infrastructure, Ripple CEO Brad Garlinghouse told lawmakers. … Read more

Bank of Ghana Orders Mandatory Registration for All Crypto Firms

The Ghanaian central bank has announced a mandatory registration process for all virtual asset service providers operating in the country. Registration Covers Broad Range of Crypto Activities The Bank of Ghana (BOG) has issued a public notice requiring all Virtual Asset Service Providers (VASPs) operating within the country to undergo a mandatory registration process. The … Read more

US Lawmakers Clash Over Crypto Bills That Could Blow Open Wall Street’s Back Door

A high-stakes clash over crypto regulation is erupting as Republicans push controversial bills critics say imperil markets, embolden Trump’s digital gains, and erase oversight. Democrats Move to Kill Crypto Bills With ‘Anti-Crypto Corruption Week’ Strike Plan Democrats are intensifying their campaign against crypto deregulation, warning of national security and financial stability threats as Republicans accelerate … Read more