News linked to both this project and an event.
The French Financial Markets Authority (AMF) announced that, effective from June 30, 2026, it will revoke the Digital Asset Service Provider (PSAN) registration of AUTOMATA France SAS (operating Vancelian.com). The regulator noted that the company engaged in crowdfunding activities without obtaining the necessary authorization, reflecting that its management and significant shareholders failed to meet integrity and competence requirements.
the core US crypto regulatory bill, the "Digital Asset Market Clarity Act" (Clarity Act), has entered a critical two-week negotiation cycle for legislation. The Senate will be in recess until July 13. During the recess, bipartisan staff, the White House, and representatives from the crypto industry will continue to negotiate outstanding differences in the bill, focusing on resolving disputes over topics such as the integration of the two bill versions from the Senate Banking Committee and the Agriculture Committee, ethics clauses, and anti-money laundering rules.If all parties successfully reach a unified compromise version, the bill could be submitted for a full Senate vote as early as late July to early August. The market generally believes that the period before the August congressional recess is the only window for the bill to be passed this year. If the vote is not completed during this phase, the probability of the bill being enacted into law within 2026 will significantly decrease. (Crypto in America)
that, according to the latest social media news from CoinGecko, Gate, along with platforms such as Coinbase and OKX, is competing for new users in the EU. Gate continues to advance its European compliance process. Its Malta-based entity, Gate Europe, has obtained the European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), strengthening its global compliance framework.Furthermore, leveraging its rich trading products, robust platform services, and global operational capabilities, Gate is actively addressing the growing demand for digital asset trading in the European market. This strategic deployment not only enhances Gate's localized service capabilities in Europe but also provides solid support for the platform in terms of user trust, fund security, compliant operations, and long-term market expansion, underscoring its competitive compliance advantage among global crypto trading platforms.
the Australian Securities and Investments Commission (ASIC) has announced an extension of the "no-action" position for digital asset enterprises under the new licensing framework, overall extended to September 30, 2026. During this period, digital asset companies providing financial services can continue to apply for or modify Australian Financial Services (AFS) licenses, and a new operating model is permitted, allowing operations through authorized representatives or intermediary authorization arrangements of AFS licensees. The extension also applies to institutions that need to apply for a market license or a Clearing and Settlement (CS) license. Relevant entities must notify ASIC in writing of their intention to apply and conduct pre-meeting communications. ASIC stated that since the update of INFO 225 guidance in October 2025, it has received approximately 30 license applications from digital asset enterprises.
According to Cointelegraph, the Australian Securities and Investments Commission (ASIC) announced it has extended the temporary regulatory relief period for digital asset businesses applying for an Australian Financial Services (AFS) license to 30 September 2026—three months beyond the previous deadline of 30 June. This extension also broadens the scope of the relief, now covering digital asset businesses operating via authorized representatives or through intermediary arrangements with licensed firms. ASIC stated that since updating its digital asset regulatory guidance in October 2025, it has received approximately 30 license applications. Notably, this extension is independent of Australia’s Digital Asset Framework, which passed Parliament in April this year and is scheduled to take effect on 9 April 2027. ASIC warned that businesses licensed under the current guidance may still require additional authorizations once the new framework comes into force.
According to Digital Asset, South Korea’s Tax Tribunal recently decided to conduct a new investigation into a case where Bitcoin transferred from a spouse’s overseas exchange account to the taxpayer’s domestic account was classified as a “gift” and taxed accordingly. In the case, the taxpayer argued that the Bitcoin in question originally belonged to them and was merely routed through their spouse’s account due to travel-related regulatory restrictions; furthermore, the Bitcoin remained in the spouse’s account for only a short period and thus should not be considered a gift.
According to Forbes, as the 2026 U.S. primaries advance, political donations from the crypto industry have surged significantly. Protect Progress—a Democratic super PAC backed by the Fairshake network—is continuously channeling funds into candidates across several key districts, sparking controversy over “political narrative packaging.” Disclosures show that in the Maryland House of Delegates race alone, Protect Progress has contributed over $4.9 million to candidate Adrian Boafo; similar funding has also flowed to multiple Democratic candidates in Texas and Georgia. Meanwhile, Congress is advancing the Digital Asset Market Structure Act (the CLARITY Act), and the progress of this legislation further elevates the importance of primary election outcomes. Analysts contend that the crypto industry’s influence within the U.S. political system continues to expand, with several senators and candidates publicly endorsing regulatory frameworks for the crypto industry.
Illinois Governor JB Pritzker signed the "Digital Asset Tax Act" on Tuesday, imposing a 0.2% tax on the transaction value of digital asset transactions or services provided to customers in Illinois. The Act will take effect on January 1, 2027.The tax primarily targets crypto service providers, including exchanges, custodians, and brokers, requiring them to collect and remit the tax, with a mechanism similar to sales tax.Industry organizations such as the Crypto Council for Innovation, Digital Chamber, and Illinois Blockchain Association have strongly opposed the Act, stating that it could become one of the most stringent digital asset tax systems in the country.Critics argue that the tax will impose additional costs on Illinois residents solely for using digital assets and may drive crypto enterprises, developers, and innovation activities out of the state.
Illinois has become the first state in the United States to impose a tax on digital asset transactions. Governor J.B. Pritzker signed SB 3019, which includes the Digital Asset Tax Law, levying a 0.2% business tax on brokers who trade, transfer, or custody digital assets for clients within the state. The tax is expected to take effect on January 1, 2027, and is projected to generate approximately $60 million in annual revenue for the state government.The tax targets business activities rather than profits, and traditional securities brokers in Illinois do not bear a similar tax burden. Former federal prosecutor Renato Mariotti criticized the tax for being embedded in the budget without sufficient public debate. The Digital Chamber of Commerce and the Illinois Blockchain Association jointly oppose the measure, calling it "unsound in substance, flawed in process, and economically destructive." (cryptobriefing)
According to a post by the Crypto Council for Innovation, Illinois Governor Pritzker has signed a digital asset tax bill—widely regarded as the nation’s most punitive digital asset tax regime—which will impose a disproportionate tax burden on Illinois residents using digital assets. The Council strongly opposes the measure, warning that it will drive innovators and developers out of the state, and has issued an official letter of opposition.
U.S. Senator Cynthia Lummis stated on the X platform that the CLARITY Act will allocate $150 million to support law enforcement in tracking scammers and other criminals in the digital asset space, strengthening the crackdown on cryptocurrency-related criminal activities.
a16z Crypto published an article explaining its investment in Digital Asset. It stated that the three major obstacles previously hindering institutional adoption of crypto technology included blockchain performance, regulatory uncertainty, and privacy concerns. Now, the blockchain performance issue has been largely resolved, with L1 and L2 networks possessing the scale, speed, and complexity to meet institutional needs; the US GENIUS Act has taken effect, addressing the regulatory issue.a16z Crypto believes that traditional public chains make transaction information public by default. While this facilitates verification, institutional financial transactions require capabilities such as selective disclosure, compliance requirements, and multi-party collaboration. For example, when banks conduct treasury bond transactions or repo transactions, the transacting parties need to share information but should not expose positions, counterparties, and transaction sizes to all network participants. Therefore, privacy remains the core challenge for institutions entering the chain. Most blockchain projects attempt to adapt institutions to the crypto system, whereas Digital Asset chooses to adapt crypto technology to institutional needs. Mature privacy technology has also become a key breakthrough for attracting institutional entry.
According to CoinDesk, Digital Asset, the blockchain developer behind Canton Network, has announced a $355 million funding round led by a16z crypto, with participation from global institutions including ABN Amro, Apollo Funds, BNP Paribas, Citadel Securities, HSBC, SBI Group, and a subsidiary of the Abu Dhabi Investment Authority. The round exceeded its original target of $300 million, valuing the company at $2 billion. Canton Network is designed specifically for large financial institutions and enables the issuance and trading of tokenized real-world assets—such as bonds, loans, and funds—on a shared ledger, while maintaining privacy and meeting regulatory compliance requirements. In addition to financial support, a16z crypto will provide specialized assistance in development, policy, and research.
According to Crypto in America, the U.S. House Committee on Ways and Means will hold a hearing this Tuesday on cryptocurrency tax reform, reviewing seven draft proposals covering stablecoin transactions, mining and staking, crypto lending, wash-sale rules, charitable donations, and taxpayer disclosure—effectively breaking down the previously proposed Digital Asset Tax Fairness Act into multiple standalone bills. Meanwhile, negotiations over the Senate’s “Clarity for Digital Assets Act” continue. Senator Cynthia Lummis stated the bill is more likely to advance after Congress reconvenes on July 13. Key points of contention include ethics provisions, regulatory language targeting decentralized finance (DeFi), and stablecoin yield. The banking industry continues lobbying against the stablecoin yield provision, while over 200 crypto organizations have jointly written to urge swift passage of the bill. Additionally, Illinois has proposed imposing a 0.2% tax on digital asset transactions, prompting strong opposition from industry groups, which warn the measure could drive crypto businesses out of the state.
a joint letter initiated by Stand With Crypto, in collaboration with the Blockchain Association, the Crypto Council for Innovation, and The Digital Chamber, has been submitted to U.S. Senate Majority Leader John Thune and Minority Leader Chuck Schumer, urging a full floor vote on the Digital Asset Market Clarity Act (the "CLARITY Act") as soon as possible.Over 200 crypto enterprises, industry associations, and community organizations, including Coinbase, Ripple, Kraken, a16z, Circle, and Binance.US, have participated in signing the letter. The joint letter points out that the CLARITY Act would establish a comprehensive federal regulatory framework for the digital asset market, clearly delineate regulatory responsibilities, provide feasible registration pathways, protect software developer innovation, and simultaneously promote the return of more digital asset businesses to the U.S. market.The signatories stated that the bill would help retain innovation, jobs, investment, and market activity within the United States, further solidifying America's leading position in the global digital asset innovation sector.It is understood that the CLARITY Act received bipartisan support and passed committee review in the Senate Banking Committee last month. Senator Cynthia Lummis subsequently stated that the next step for the bill is to enter the full Senate deliberation stage.Additionally, 160 former national security and law enforcement officials have previously signed a letter supporting the bill. U.S. Treasury Secretary Scott Bessent and White House Crypto Advisor Patrick Witt have also publicly called for advancing the legislative process. However, the issue of conflicts of interest between the Trump family and the crypto industry is still regarded as one of the main obstacles to the bill's progress. (The Block)
Cryptocurrency exchange Backpack announced the launch of Backpack Securities, enabling investors to buy, hold, and sell real stocks backed by regulated U.S. securities infrastructure—entitling them to dividends, corporate actions, and rights under systems such as ACATS and DTCC. Additionally, positions can be converted into tokenized securities freely transferable and tradable 24/7 on public blockchains like Solana. Orders are routed directly into U.S. equity market liquidity pools, with execution prices reflecting real-time market prices.
According to GlobeNewswire, WTW, a global leader in insurance and risk management, has announced the acquisition of digital asset insurance platform Redefind to strengthen its digital asset protection services. As disclosed, Redefind provides an end-to-end platform for cryptocurrency and digital asset insurance access. WTW plans to initially launch an unhosted loss recovery insurance solution in the UK to cover related expenses—including forensic investigations, asset tracing, and legal recovery—following theft or loss of digital assets.
According to Cointelegraph, U.S. Senator Cynthia Lummis stated that if Congress fails to pass the digital asset market structure bill—the Digital Asset Market Clarity Act (the “CLARITY Act”)—the United States risks falling behind other countries, including China, in leadership on crypto regulation. She noted that enacting a comprehensive crypto regulatory framework would help ensure that other nations do not write the rules for the next era of finance. Earlier, in May, the Senate Banking Committee voted to advance the bill; however, it still requires passage by both chambers of Congress and the President’s signature before becoming law.
U.S. SEC Chairman Paul S. Atkins stated at the 2026 Reagan National Economic Forum that the U.S. Securities and Exchange Commission is advancing a "New Era SEC" regulatory reform, focusing on modernizing digital asset regulation, promoting on-chain capital market development, and supporting the U.S. in becoming a "global crypto hub."Paul Atkins criticized the SEC's previous "regulatory hostility" towards the digital asset industry, alleging that much crypto innovation was forced to relocate overseas. He stated that with the support of the Trump administration, the SEC has launched "Project Crypto" and is collaborating with the Commodity Futures Trading Commission to promote on-chain market infrastructure and harmonize crypto regulation. The SEC has recently clarified which digital assets are securities and which are not, and is advancing an innovative exemption mechanism for "tokenized listed securities," while studying how on-chain trading systems can fit within existing regulatory frameworks.Additionally, Paul Atkins emphasized that the SEC will reduce "over-disclosure" and regulatory burdens, promote "Make IPOs Great Again" reforms, including lowering compliance costs for listed companies, increasing IPO flexibility, and formally proposing to repeal the climate disclosure rules introduced under the previous administration. The future of U.S. capital markets should be built on a "free market and innovation-driven" foundation, where the regulator's role is to provide clear rules and legal certainty, not to suppress technological development.
The Korea Digital Asset Exchange Alliance (DAXA) has introduced new compliance standards requiring local cryptocurrency exchanges to invalidate API keys suspected of being improperly shared by users, thereby strengthening oversight of automated trading. The Financial Supervisory Service (FSS) stated that automated trading currently accounts for approximately 30% of trading volume in Korea’s cryptocurrency market. Under the new rules, exchanges including Upbit, Bithumb, Coinone, Korbit, and Gopax will enhance API monitoring, issue warnings upon detecting suspicious sharing behavior, require users to re-authenticate, and implement an IP allowlist mechanism to restrict API access to authorized addresses only.