The GENIUS Act turns 1: State of Crypto

A year on, the rules aren’t quite ready for implementation, but we have a much clearer idea as to how the regulators are thinking about stablecoins and where they’re likely to land on those rules. In an emailed statement, Crypto Council for Innovation CEO Ji Hun Kim called the passage of the bill “a landmark…

US Agencies Miss GENIUS Act Deadline for Final Stablecoin Rules

US regulatory agencies missed Saturday’s rulemaking deadline under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, one year after the law was signed.  While several regulatory agencies published proposed rules and collected public feedback during the past year, no final regulations were issued before the deadline. Those agencies include the Department of…

Strategy’s Michael Saylor Pounds Away at “Bad Idea” BIP-110

Strategy executive chairman Michael Saylor took to social media on Sunday to detail his “110 reasons” why a proposed temporary fork to limit non-monetary transactions on the Bitcoin network, or BIP-110, is a bad idea. Bitcoin Improvement Proposal-110 was introduced in December 2025 to stop nonfungible token-like Ordinals inscriptions and other arbitrary data from spamming…

Reed Smith Launches Aquarius Platform for EU MiCA Compliance

Reed Smith, a global law firm with over 30 offices across North America, Europe and Asia, has launched an automated compliance platform designed to help crypto companies navigate the European Union’s Markets in Crypto-Assets (MiCA) regulation as the bloc enters a new phase of crypto oversight. The platform, called Aquarius, automates key compliance tasks including…

Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups

Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might lead to more partnerships between traditional electronic payment providers and Bitcoin startups. On August 6, the ETA, which represents companies like Visa, MasterCard, Amazon and PayPal, welcomed BitPay, the first virtual currency…

Inside Zcash’s new node that targets Visa-scale privacy at 50,000 transactions per second

Throughput targets and Tachyon’s role The reason for building all this is arithmetic. Mastercard and Visa process more than 50,000 transactions per second, and the team calls that figure ‘“its floor, not its target.” Zcash’s current cryptography would require a node to take in and verify more than 500 megabytes of data every second to…

White House Crypto Adviser To Take Leave of Absence as CLARITY Act deadline looms

Patrick Witt, the White House’s pointman on the Digital Asset Market Clarity Act, is taking a leave of absence at the end of July for several months of military training, Crypto In America reported. Witt, who has served as the executive director of the President’s Council of Advisors for Digital Assets since August, is expected…

Bitcoin May Have Just Two 2026 Bear-Market Months Left

Bitcoin (BTC) starts the new week with a bump as traders brace for more macro volatility. Key points: Bitcoin gets knocked back toward $62,000, but a trader is already eyeing the end of the bear market by September. A new BTC price “death cross” forms the latest signal that the bear market may have just…

France orders country’s internet service providers to block Polymarket

France’s gambling regulator, the Autorité Nationale des Jeux (ANJ), ordered internet service providers to block Polymarket on July 16, treating the prediction market as an illegal gambling site rather than a financial trading venue. The ANJ said earlier restrictions had failed to keep French users off the platform. Polymarket drew 578,751 visits from 205,057 unique…

ECB Selects 36 Providers for Digital Euro Pilot

The European Central Bank is moving the digital euro from planning into testing, with dozens of payment companies joining the next stage of the project. The ECB selected 36 payment service providers (PSPs) to participate in a digital euro pilot, according to an official announcement published Tuesday. The list of selected PSPs includes fintechs Stripe…