The latest news on digital asset regulation, innovation, and global policy.
1. Canada Experiments with a New Digital Dollar Model
Source: COINTURK NEWS
Date: Sat, 05 Jul 2025
Link: https://en.coin-turk.com/canada-experiments-with-a-new-digital-dollar-model/
Summary:
Canada is moving forward with an experimental digital dollar model, positioning itself among the countries testing central bank digital currencies (CBDCs). This new model is designed to enhance digital payments and bolster the financial system’s efficiency while maintaining privacy and accessibility for all users. The article explores how Canadian regulators are working with financial institutions to test features such as offline payments, programmable money, and enhanced security. Analysts note that the digital dollar pilot reflects Canada’s cautious but innovative approach to monetary modernization, seeking a balance between consumer protection and technological advancement. The experiment also comes as global interest in CBDCs surges, with countries like China and the EU advancing similar projects. The outcome of Canada’s tests will influence not only domestic policy but could also serve as a model for other nations considering digital currency adoption in the future.
2. Crypto’s path to legitimacy runs through the CARF regulation
Source: Cointelegraph.com News
Date: Sat, 05 Jul 2025
Link: https://cointelegraph.com/news/crypto-legitimacy-carf-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Summary:
This article examines the CARF (Crypto-Asset Reporting Framework), a global standard developed by the OECD to regulate cryptocurrency transactions by 2027. Under CARF, crypto platforms must track and report user transactions to tax authorities, with over 60 countries pledging to comply. The framework’s goal is to increase transparency and limit tax evasion in the digital asset sector, which should pave the way for institutional adoption and mainstream acceptance. While the loss of privacy is a concern for many users, CARF is widely seen as essential for the industry’s maturation. The piece highlights the difference between CARF, an international rule, and national proposals like the US CLARITY Act. Both aim for transparency but differ in scope and jurisdiction. Ultimately, CARF is poised to professionalize crypto markets, making the sector more trustworthy and stable for investors, regulators, and businesses worldwide.
3. Ex-ECB Official Urges Europe to Back Euro Stablecoins or Risk Losing Financial Power
Source: CoinDesk
Date: Sat, 05 Jul 2025
Link: https://www.coindesk.com/business/2025/07/05/ex-ecb-official-urges-europe-to-back-euro-stablecoins-or-risk-losing-financial-power
Summary:
A former European Central Bank (ECB) executive is calling on EU policymakers to support euro-pegged stablecoins, warning that Europe risks falling behind in the race for financial innovation and digital sovereignty. The article details arguments that US dollar-based stablecoins now dominate the global crypto market, potentially undermining the euro’s role in digital finance. The official urges a regulatory push for euro-denominated stablecoins to ensure the continent’s monetary autonomy and competitiveness. Analysts agree that developing homegrown digital assets would help maintain the EU’s influence in global payments, especially as private stablecoins continue to grow. The call for euro stablecoins also aligns with the EU’s broader goals for digital transformation and payments resilience. Without decisive action, Europe could see its financial power erode as the digital economy shifts toward non-European platforms and currencies.
4. US Prepares Key Legislation for Digital Asset Clarity
Source: COINTURK NEWS
Date: Sun, 06 Jul 2025
Link: https://en.coin-turk.com/us-prepares-key-legislation-for-digital-asset-clarity/
Summary:
The US is set to introduce landmark digital asset legislation aimed at clarifying the rules for cryptocurrencies and stablecoins. The forthcoming bills, expected in the House of Representatives, are designed to offer clear guidelines for the industry, improve investor protection, and address gaps in the existing legal environment. The article details how the proposed laws will define responsibilities for crypto companies, focusing on market transparency, anti-money laundering, and consumer safety. Lawmakers have incorporated feedback from industry experts to strike a balance between innovation and regulatory certainty. If passed, these laws could make the US a global leader in digital finance regulation and help foster innovation while protecting investors. The legislative push comes as other major economies advance their own crypto frameworks, underscoring the race for regulatory leadership in the digital asset sector.
5. TON introduces UAE Golden Visa program through crypto staking, Toncoin soars 13%
Source: Crypto Briefing
Date: Sun, 06 Jul 2025
Link: https://cryptobriefing.com/ton-golden-visa-uae-crypto/
Summary:
The TON Foundation has unveiled a new initiative allowing individuals to obtain a UAE Golden Visa by staking $100,000 in TON tokens for three years. The program offers a streamlined residency path compared to traditional options, which typically require a much larger financial commitment. Participants retain control of their staked tokens and receive an annual return of 3–4%, adding an investment incentive. The application process is also fast-tracked, taking less than seven weeks. Following the announcement, Toncoin’s price surged by nearly 13%, reflecting strong market interest in the program. The article notes that this move not only demonstrates the practical utility of crypto assets for cross-border mobility but also highlights the growing intersection between digital currencies and global residency programs. Analysts see this as a trend that could expand as more jurisdictions recognize crypto’s role in economic development and talent attraction.
6. Risk Of Fraud, Liquidity: Stablecoins Worry The Bank Of France
Source: CoinGecko News
Date: Thu, 26 Jun 2025
Link: https://www.cointribune.com/en/stablecoins-after-the-bis-it-is-now-the-banque-de-frances-turn-to-sound-the-alarm/
Summary:
The Bank of France has voiced growing concerns about stablecoins, highlighting risks related to fraud, liquidity, and cybersecurity. In particular, officials worry that the widespread use of US dollar-pegged stablecoins, like USDT and USDC, could undermine European monetary sovereignty and financial stability. The article explains how the Bank is pushing for the rapid development of a digital euro to counteract this trend and maintain control over the region’s payments infrastructure. The stablecoin market, valued at more than $250 billion, continues to expand globally, prompting regulators to call for new rules balancing innovation with consumer safety. France’s position reflects broader EU anxieties about external digital currencies gaining too much influence in domestic markets. Policymakers are expected to ramp up efforts for comprehensive regulation, aiming to secure the continent’s financial independence as digital assets play an increasingly central role.
7. The Fed Just Made It Easier for Banks to Work With Crypto
Source: CoinGecko News
Date: Thu, 26 Jun 2025
Link: https://www.cointribune.com/en/fed-drops-reputational-risk-rule-a-big-win-for-crypto-banking-access/
Summary:
The US Federal Reserve has made a significant regulatory change by dropping the “reputational risk” factor when banks assess whether to serve crypto businesses. Previously, this vague concern discouraged banks from providing accounts to crypto companies, leaving many without access to essential financial services. Under the new policy, banks will evaluate crypto clients based on objective financial risks like liquidity, credit, and legal compliance—just as with any other business. The article details how this decision could reopen banking channels for legitimate crypto firms and boost industry growth, especially after several crypto-friendly banks collapsed in 2023. While this marks a positive step toward mainstream acceptance of digital assets, some challenges remain, as certain banks may still be hesitant. However, the move signals greater regulatory acceptance and is likely to help normalize crypto’s presence within the broader US financial system.
8. Hong Kong Sets Out Plan to Regulate Crypto, Encourage Tokenization
Source: CoinDesk
Date: Thu, 26 Jun 2025
Link: https://www.coindesk.com/policy/2025/06/26/hong-kong-sets-out-plan-to-regulate-crypto-encourage-tokenization
Summary:
Hong Kong’s government has rolled out a new regulatory plan to bolster its status as a digital asset hub, prioritizing risk management, investor protection, and tokenization of real-world assets. The article reports that the Securities and Futures Commission will oversee new licensing requirements for crypto service providers and exchanges. Authorities also plan to consult the public and review existing laws to ensure a smooth transition to a more regulated market. A major component is the push to tokenize assets such as bonds, which is expected to improve efficiency, reduce costs, and attract institutional investment. Analysts note that Hong Kong’s approach aims to strike a balance between fostering innovation and ensuring stability, positioning the city as a global leader in fintech regulation. The new measures reflect growing international momentum toward formal crypto oversight as digital assets become increasingly mainstream.
9. Senate To Release Its CLARITY Act Draft Before August Recess: Lummis
Source: Coingape
Date: Thu, 26 Jun 2025
Link: https://coingape.com/senate-to-release-its-clarity-act-draft-before-august-recess-lummis/
Summary:
Senators Tim Scott, Cynthia Lummis, and Bo Hines have announced that a draft of the CLARITY Act—legislation aimed at clarifying digital asset and stablecoin regulations—will be released before Congress’s August recess. The bill is intended to set comprehensive rules for digital assets, address gaps in the current legal system, and create a clearer path for compliance. The article details how the Senate also wants to finalize the GENIUS Act, which focuses on stablecoin rules, by September. Lawmakers hope that the CLARITY Act will reduce uncertainty and help the US keep pace with rapid changes in the digital finance sector. Industry participants welcome the progress, believing that regulatory clarity will attract investment and foster innovation. The legislative push reflects bipartisan recognition of crypto’s growing economic importance and the urgent need for modern rules.
10. IRS warning letters to crypto investors are on the rise: what do they really mean?
Source: crypto.news
Date: Thu, 26 Jun 2025
Link: https://crypto.news/irs-warning-letters-to-crypto-investors-are-on-the-rise-what-do-they-really-mean/
Summary:
The US Internal Revenue Service (IRS) is ramping up enforcement efforts by sending an increasing number of warning letters to crypto investors about possible tax reporting errors. The article explains the differences among the main types of letters: Letter 6174 is informational, 6173 suggests possible underreporting with risk of audit, and CP2000 identifies specific discrepancies in returns. The IRS’s focus on crypto is intensifying as new regulations come into effect this year. Tax experts urge investors to review their records, ensure accuracy in their filings, and respond promptly to any IRS communication to avoid escalation. Ignoring these notices can result in audits, penalties, or further legal action. The move signals the government’s commitment to closing tax gaps in the digital asset space and reminds all crypto holders to stay vigilant about compliance.
11. Trump’s Crypto Czar Supports Market Structure Bill To Be Done by September
Source: Coingape
Date: Fri, 27 Jun 2025
Link: https://coingape.com/david-sacks-eyes-september-for-crypto-market-structure-bill/
Summary:
David Sacks, an advisor to former President Trump and dubbed the “Crypto Czar,” has expressed strong support for completing a major market structure bill for digital assets by September. The proposed legislation aims to clarify the regulatory framework for cryptocurrencies and stablecoins, reducing uncertainty for investors and businesses. The article highlights bipartisan backing for the effort, which is seen as crucial to strengthening the US’s role in the global crypto economy and fostering innovation. If passed, the bill would help define market conduct standards, enhance oversight, and support the broader adoption of digital assets in payments and finance. Lawmakers are racing to resolve differences between competing bills, and Sacks’s endorsement is expected to accelerate negotiations. Industry observers see this as a key step toward a more mature, regulated digital finance environment in the US.
12. Banking Committee chair sets September goal for market structure bill
Source: Cointelegraph.com News
Date: Fri, 27 Jun 2025
Link: https://cointelegraph.com/news/senate-banking-committee-tim-scott-market-structure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Summary:
The Senate Banking Committee, led by Senator Tim Scott, has announced a September deadline to craft comprehensive new rules for the US digital asset market. This announcement comes after the recent approval of the GENIUS Act, which targets stablecoin regulation. The committee is now shifting focus to broader issues of market structure, investor protection, and digital asset trading. The article outlines bipartisan momentum for these reforms, with lawmakers emphasizing the need for speed given rapid innovation in the sector. The committee’s goal is to resolve lingering differences between the House and Senate approaches and create a robust legal framework by September. Industry stakeholders are watching closely, anticipating that new laws will provide much-needed clarity and foster growth. This deadline marks an accelerated effort to bring the US regulatory regime in line with global crypto standards.
13. U.S. Crypto Regulation Bill Will Be Ready by September 30th, Says Tim Scott
Source: Coinpedia
Date: Fri, 27 Jun 2025
Link: https://coinpedia.org/news/u-s-crypto-regulation-bill-will-be-ready-by-september-30th-says-tim-scott/
Summary:
Senator Tim Scott, chair of the Senate Banking Committee, has announced that a comprehensive US crypto regulation bill is on track for completion by September 30. The legislation will address stablecoins and broader digital asset rules, building on the recently passed GENIUS Act in the Senate. The article explains how this deadline follows months of debate and the push from former President Trump for rapid progress in crypto lawmaking. Scott’s announcement is welcomed by industry participants eager for regulatory certainty. The bill’s success, however, hinges on resolving differences with House proposals and on the Agriculture Committee’s approval of sections relating to market structure. If enacted as planned, the new framework could transform the legal landscape for crypto in the US, offering clarity and stability for investors, businesses, and regulators as the sector matures.
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