Nine industry leaders including BlackRock and Strategy have announced the formation of the Bitcoin Security Consortium, committing $15 million to fund post-quantum cryptography research to address potential future security threats that quantum computing may pose to the Bitcoin network.
Core Summary Alfa Bank, one of Russia’s major banks, has announced plans to launch a digital depository to provide cryptocurrency-related services for its clients. This move aligns with similar recent announcements from other large Russian banks, showing continued interest from the country’s banking sector in digital assets, while also reflecting the gradual formation of Russia’s crypto regulatory framework. Event Overview According to TheBlock, Alfa Bank’s digital depository will focus on providing compliant crypto asset custody and trading services for institutional and high-net-worth clients. This plan aligns with Russia’s recently passed crypto asset legal framework, which allows banks to provide digital asset services under specific conditions. ...
The U.S. Securities and Exchange Commission plans to propose new cryptocurrency regulations as early as this month, aiming to simplify fundraising for blockchain startups.
As the July 1 hard deadline for full implementation arrives, the EU is undertaking major revisions to its landmark Markets in Crypto-Assets regulation (MiCA), reflecting the ongoing tension between regulatory ideals and industry reality.
The European Securities and Markets Authority has called on unauthorized crypto-asset service providers to wind down operations as the MiCA transitional period ends on July 1, marking a critical enforcement milestone for the world’s first comprehensive crypto regulatory framework.
A sweeping cryptocurrency bill faces a narrowing path to passage as pressure grows on the Senate to take up the legislation next month.
Bipartisan US senators have written to the Treasury Department urging that state regulatory authority be preserved in the implementation of the GENIUS stablecoin legislation, preventing excessive federal centralization.
According to CoinDesk, a new bill has been introduced in the US House of Representatives to establish a cross-agency task force targeting crypto asset theft. The bill, pushed by Texas Republican Representative Lance Gooden, aims to strengthen inter-agency cooperation and improve efficiency in combating crypto crime. Editor: GoodInfo Global News Team
Core Summary JPMorgan has issued a warning that the legislative window for the US crypto market structure bill (Clarity Act) is narrowing. The bill still faces multiple legislative hurdles, with stablecoin yield distribution emerging as a key point of contention that could affect its final passage. Event Details According to CoinDesk, JPMorgan said in its latest market analysis report that the Clarity Act faces growing time pressure in Congress. The bill aims to establish a clear regulatory framework for the US crypto asset market, but several critical disagreements remain unresolved. ...
Senators Elizabeth Warren and Bernie Sanders are jointly pressing the Department of Labor to strike down a proposed rule that would open up 401(k) retirement plans to cryptocurrency investments. The senators argue that crypto’s high volatility and security risks make it unsuitable for retirement savings. This opposition comes even as Wall Street firms accelerate crypto integration into mainstream financial products, with Franklin Templeton and others expanding tokenized fund offerings.