RegulationUS Congress: 7 Crypto Tax Bills and House Hearing June 9
The House Ways and Means Committee holds hearings on 7 crypto tax bills June 9. Key items: $300 de minimis, the PARITY Act, and Illinois 0.2% broker tax.
Stablecoin Regulation — News - Page 12
Regulation
StablecoinsWestern Union USDPT Stablecoin Listed on Bybit as Payment Giants Race In
Western Union's USDPT stablecoin is live on Bybit, the first major exchange to list it. MoneyGram, Mastercard, and Visa all made stablecoin moves the same week.
InstitutionalJPMorgan, Citi and Bank of America Build Shared Blockchain to Protect Deposits
JPMorgan, Citi and Bank of America plan a shared tokenized deposit network by 2027 to compete with stablecoins on speed and yield.
RegulationMiCA: Unlicensed Crypto Exchanges Must Exit EU on July 1
ESMA confirmed: from July 1, 2026, crypto firms without MiCA authorization must stop serving EU clients. 60% of EU users are on unlicensed platforms.
RegulationVietnam to Allow SMEs to Use Crypto as Loan Collateral
Vietnam's Ministry of Finance proposed letting SMEs use crypto as bank collateral. SMEs are 98% of businesses but get only 20% of bank loans.
StablecoinsCircle Freezes $12.6M USDC from Zama Privacy Protocol
Circle blocked $12.6M in USDC from Zama's contract without notifying the team. ZachXBT exposed the freeze. What it means for USDC holders in DeFi.
RegulationUS Seizes $1 Billion in Iranian Crypto: Operation Economic Fury Details
US Treasury Bessent confirmed seizing $1B in Iranian crypto via Operation Economic Fury. Timeline, seizure mechanics, and market implications.
RegulationPaxos Wins SEC Clearing Agency Registration
SEC registered Paxos as the first blockchain-native clearing agency in the US, opening a legal path for bank blockchain securities settlement.
InstitutionalBIS Project Agora: Tokenized Cross-Border Payments Settle in Seconds
BIS and 7 central banks wrapped up Project Agora: a tokenized payment prototype settling wholesale cross-border transactions in seconds via atomic settlement.