South African lawmakers propose draft rules on cross-border crypto transactions
A draft rulebook proposes that sending crypto offshore must be conducted through an authorized provider and be reported to the central bank’s FinSurv.…
U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto
The agent, who had "top secret" clearance and worked in FBI headquarters, was accused of taking crypto from wallets the agency had investigated. Source：CoinDesk
Bernstein sees another leg lower for crypto markets if Clarity Act stalls
The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking. Source：CoinDesk
CLARITY Act failure could send crypto valuations lower: Bernstein
Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US…
Bitget set to exit Japan, close all remaining positions by year-end
The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec.…
Robinhood wins UK crypto registration before new regulatory regime kicks off
Robinhood’s U.K. arm was added to the FCA's list of registered cryptoasset companies as of July 31. Source：CoinDesk
Counting down the days: State of Crypto
The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of…
SEC to review Nasdaq bitcoin options approval after CME challenge
CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority. Source：CoinDesk
Warsh’s Fed is failing to stick to its own principles for good monetary policy
Bond investors don’t understand how Fed Chair Kevin Warsh’s pledge to restore stable prices squares with inaction on interest rates. Source：MarketWatch
Circle secures New York trust charter as crypto regulatory push accelerates
The approval lets the USDC issuer offer fiduciary and custody services under New York banking law. Source：CoinDesk
U.S. sanctions Iran-linked bitcoin insurance scheme for Strait of Hormuz ships
The Treasury Department said the Hormuz Safe platform accepted bitcoin and other digital assets as part of an alleged sanctions workaround tied to IRGCbacked…
New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'
The suit wants to bar the company from operating what it says is an unlicensed gambling business and seeks financial redress. Source：CoinDesk