Policy
Crypto’s lobby is buying TV ads for a vote that only opens debate
The 15 September Senate vote needs 60 votes just to open debate on the CLARITY Act. Crypto's lobby is spending seven figures on cable ads to get there.
Policy
Regulation, law and the government decisions that reach your wallet.
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Thailand will require proof you control your own crypto wallet
Thai platforms must check customers control the private wallets they withdraw to and keep the records five years. Britain's own rule asks for less.
Hyperliquid wants a US route in, and Kraken’s owner may be it
Payward, Kraken's parent, has reportedly outlined a perpetual futures structure to the CFTC. No approval yet, and UK retail access does not change.
US Treasury wants exchanges to vouch for foreign stablecoin issuers
Treasury's proposed GENIUS Act rule would make US platforms justify listing foreign stablecoins. It is out for comment, and nothing has been delisted yet.
17,600 people declared £1.38bn in crypto gains to HMRC
HMRC's first crypto gains figures show 17,600 people declaring £1.38bn for 2024-25. All of it self-declared, with exchange data-sharing due in 2027.
The Bank of England is being told to encourage stablecoins, not approve them
A bill due before the Lords in September would oblige the Bank to have regard to stablecoin innovation. No issuer has been approved and nothing changes today.
Treasury says $100m in crypto moved Iranian oil money
Treasury says one operator processed over $100m in crypto for Iranian oil sales since 2023. For UK holders the practical effect is broader address screening.
SEC’s plan for the $123m Terra investor fund is due on 20 August
A Jump Crypto subsidiary has already paid the $123.1m. The SEC's 20 August filing decides who is eligible to claim from it and how losses get counted.
Binance handed a user’s data to Russian authorities, and an arrest followed
CoinDesk reports that Binance passed user information to Russian authorities, contributing to the arrest of a Ukrainian donor. The exchange left the Russian market in 2023, but the records it collected before then did not go with it.