Trump ties pro-crypto pivot to China rivalry and electoral politics
June 30 disclosures cited more than $1.4B in crypto-linked income as Trump distances himself from family ventures.
U.S. Securities and Exchange Commission and its impact on crypto.
June 30 disclosures cited more than $1.4B in crypto-linked income as Trump distances himself from family ventures.
Flow data showed a futures-led push unwound on the filing, then a rebound that added $143M of spot buying.
The 3,588 BTC sale printed around $59K–$61K as traders debate capitulation-style on-chain extremes and a potential “W” bottom.
Tobias Adrian said risk can migrate from intermediaries to shared infrastructure, with fragmentation a key failure mode.
The firm lifted holdings to 43,000 BTC as K Wave Media sold its last 88 BTC to repay $6 million in debt.
The request asks whether existing ETF rules and the registration pathway still fit newer strategies and asset exposures.
The bank sees near-term volatility risk in crypto-linked equities including COIN, CRCL, and BLSH as the bill’s path tightens into August recess.
The comments land after May BTC-linked perp approvals and as CME sues the agency under the Commodity Exchange Act.
The process lands into a Core PCE-heavy week with DAO vote deadlines and $50M+ TON and H unlocks as BTC holds $64K.
The central bank says neither Binance nor BlockShoals is authorized as a VASP and that sandbox participation does not waive licensing.
SPCX perpetuals printed a $159.89 pre-open VWAP, while tokenized “IPO access” campaigns were canceled after allocations failed.
Chair Michael Selig highlighted blockchain forensics and AI as Congress weighs a new SEC–CFTC crypto split.
A Gensler amicus and a fresh New Mexico lawsuit sharpen the fight over whether sports contracts are swaps or gaming.
The carve-out would use exemptive authority to enable limited trading sooner than rulemaking, but with less permanence.
The sale, disclosed in a June 1 SEC filing, came as apxUSD depegged amid STRC slipping below $100 par and BTC under $63,000.
The Sixth Circuit filing undercuts Kalshi and current CFTC leadership pushing federal primacy over state gaming rules.
The central bank said the SEC’s StratBox sandbox does not replace BSP licensing, adding a new gate to any user onboarding plan.
Galaxy cut its 2026 passage odds to 60% and warned the pre–August recess window effectively closes in late July.
The hint lands days after Strategy’s first BTC sale since 2022 and amid executive share-sale plans tied to vested awards.
The planned ABRX debut is paired with Solana-based tokenized yield products, including USDAF and a planned bitcoin yield product, BTCAF.