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JPMorgan warns rushed US crypto rules could create market loopholes as Senate races toward July CLARITY Act vote

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JPMorgan has warned that Congress could create new gaps in financial oversight if it moves too quickly to write new rules for the crypto industry. The warning comes as Senate leaders try to advance the Digital Asset Market Clarity Act, a broad bill that would divide federal oversight of digital assets between the Securities and … Read more

Will UK traders lose crypto exchange access after MiCA’s July 1 deadline?

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MiCA’s July 1 deadline feels as if it were a Europe-wide exchange shutdown. For UK traders, the direct rulebook remains the UK’s FCA-led regime; the operational risk is that an exchange account may be classified through a different country, legal entity, or product notice. The same exchange brand can serve customers through different legal entities. … Read more

Bitcoin’s $60K breakdown sets up a volatility shock as traders load up on downside hedges

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Bitcoin’s break below the $60,000 area has pushed digital asset markets into a more defensive phase, ending months of narrow trading and exposing a market structure that traders say could amplify the next major move. CryptoSlate’s data show the largest cryptocurrency had been moving sideways since February, when it first tested the $60,000 area. That long … Read more

MSTR jumps after Strategy says it may sell more Bitcoin to fund dividends and buybacks

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Strategy (formerly MicroStrategy) shares rose Monday after the Bitcoin holder moved to reassure investors that it can meet its preferred stock obligations, authorizing up to $2 billion in buybacks and opening the door to Bitcoin sales that could fund dividends, interest payments, and repurchases. The company, led by Executive Chairman Michael Saylor, announced a new … Read more

What states can still do to crypto after GENIUS and CLARITY

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Illinois just became the first state to tax crypto by the transaction. The new 0.2% levy hits nearly every trade, transfer, or custody service an exchange runs for an Illinois resident, and it takes effect January 1, 2027. Governor JB Pritzker signed the Digital Asset Tax Act in mid-June, tucked inside a $55.9 billion budget. … Read more

Why a collapse in $1 trillion AI spending boom could hit Bitcoin traders first

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Over the past year, the artificial intelligence trade has become one of the main pillars supporting global risk appetite. However, the Bank for International Settlements (BIS) is now warning that the same spending boom could become a source of financial stress if expected returns fail to arrive. The Basel-based organization, which advises central banks, said … Read more

Aave rally makes DeFi lending look more like a bank to investors

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Aave’s latest market move is becoming a referendum on how investors value DeFi lending as its economics begin to resemble those of financial infrastructure. The token rallied as AAVE traded around $94.32 on June 27, up 13.16% over 24 hours. At the same time, a reported Standard Chartered bull case described Aave in automated-bank terms, … Read more