MiCA deadline likely to shift smaller crypto apps into licensed custody rails

MiCA deadline likely to shift smaller crypto apps into licensed custody rails
Europe’s MiCA deadline is turning access and infrastructure into the same question: which crypto apps remain available, and who controls the rails underneath them? BitGo Europe GmbH announced a partnership with Bielik.io, a Warsaw-based crypto trading platform, to support regulated trading access across the EEA by integrating BitGo Europe’s Crypto-as-a-Service infrastructure. Through that integration, eligible … Read more

Crypto perps’ US future to be defined by what regulators decide to call them

Crypto perps’ US future to be defined by what regulators decide to call them
The next fight over crypto perpetual futures regulation is moving into the agency comment file: a place built for lawyers, incumbents, startups, and public-interest groups. The Commodity Futures Trading Commission and Securities and Exchange Commission opened the process June 18, seeking public comment on how to further define swaps, security-based swaps, mixed swaps, novel products, … Read more

Africa’s crypto crackdown is really a remittance revolution

Africa’s crypto crackdown is really a remittance revolution
Africa has never been friendly to crypto. Despite incredible adoption numbers on the continent, African governments have met almost every crypto discussion with bans or warnings. However, some of its largest economies have abandoned that approach and are working to introduce licensing regimes, stablecoin oversight, and compliance rules designed to integrate digital assets into the … Read more

FCC robocall rule could make phone accounts a richer target for crypto attackers

FCC robocall rule could make phone accounts a richer target for crypto attackers
The FCC’s proposed robocall rule, published May 26 under CG Docket Nos. 17-59 and 02-278, asks whether originating voice service providers should collect and retain customer names, physical addresses, government-issued identification numbers, alternate telephone numbers, and supporting verification records before granting service. The agency proposes a four-year retention window once the customer relationship ends, a … Read more

Stablecoin regulation converts issuers into psuedo-banks while adding a barrier to entry for smaller players

Stablecoin regulation converts issuers into psuedo-banks while adding a barrier to entry for smaller players
Three federal agencies have proposed rules that would make stablecoin issuers operate like banks. The Treasury wants them to run anti-money-laundering and sanctions programs. The Office of the Comptroller of the Currency (OCC) wants a weekly confidential report and a quarterly financial report from each one, and the Federal Deposit Insurance Corporation (FDIC) wants Bank … Read more

Morgan Stanley’s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight

Morgan Stanley’s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight
Morgan Stanley filed amended registration statements for proposed Ethereum and Solana ETF trusts on June 18, setting a 0.14% annual delegated sponsor fee on both products. Bloomberg senior ETF analyst Eric Balchunas described the proposed fee as the lowest among ETH and SOL products worldwide. The ETH trust, expected to trade on NYSE Arca under … Read more

Bitcoin’s ‘digital credit’ yield trade breaks below par as margin calls hit $10 billion market

Bitcoin’s ‘digital credit’ yield trade breaks below par as margin calls hit $10 billion market
Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding, while Strive’s SATA slid from around par into the low $90s and also recovered. Both products had been sold into the market as income instruments built around Bitcoin treasury companies, … Read more