The SEC published its Reg Crypto proposal last week, opening a 60-day Federal Register comment period for public input. The proposal marks the agency's most comprehensive framework for regulating digital assets and cryptocurrency service providers.
Stocks, commodities, and market indices outpaced cryptocurrency trading volume on Hyperliquid, the largest decentralized derivatives exchange, marking a structural shift in user behavior. ARK Invest flagged the milestone as a sign that tokenized real-world assets are becoming a material product category for decentralized finance.
BitMart announced the closure of its trading platform after nine years of operation, halting new registrations and orders as of July 1 UTC, with users granted one month to close trades and six months to withdraw. The BMX token fell 58% on the news, and withdrawal delays have already begun.
Thailand's Securities and Exchange Commission filed a criminal complaint against Bitkub exchange and two former directors for failing to disclose a May 2021 cyberattack resulting in $47 million in losses. The regulator alleges the exchange concealed the breach despite mandatory reporting requirements.
CFTC leadership has acknowledged that existing rules are outdated and hinder crypto innovation, according to Ripple CEO Brad Garlinghouse. The remarks come as the CLARITY act approaches a Senate vote, signaling potential legislative momentum on digital asset regulation.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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