Regulation & Politics

Regulation & Politics
Illinois Enacts the Strictest Digital-Asset Tax in the US as Industry Group Urges Veto
Illinois Governor JB Pritzker has signed SB 3019, the Digital Asset Privilege Tax Act, making the state the first in the country to impose a transaction-based tax on everyday digital-asset activity. The Crypto Council for Innovation is pushing for a line-item veto of Article 3.

Regulation & Politics
Collector Crypt Fees Jump 129% in a Week as Solflare Brings Card-Pack Trading Into the Wallet
Collector Crypt, the Solana-native platform for tokenized graded trading cards, posted a 129% week-over-week jump in fee revenue to $3.86 million as the Solflare wallet embedded its gacha card-pack mechanic for four million monthly active users.

Regulation & Politics
Binance Could Face EU Exit as Reports Say Greek Regulator is Set to Reject MiCA License
Greece's Hellenic Capital Market Commission appears set to reject Binance's MiCA license application, putting the world's largest crypto exchange on course to lose EU client access on July 1. Binance disputes the account and says its application was considered compliant, promising an update before June 30.

Regulation & Politics
Coinbase CEO Armstrong Calls Accredited-Investor Rules a 'Regressive Tax'
Coinbase CEO Brian Armstrong called Monday for an overhaul of the U.S. accredited-investor framework, arguing that wealth-based gatekeeping concentrates private-market gains among the already wealthy. He proposed replacing the net worth and income test with a financial literacy exam, or removing the requirement entirely.

Regulation & Politics
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
The federal derivatives regulator filed suit Thursday in federal court seeking to bar New Mexico from enforcing state gaming laws against CFTC-registered prediction-market exchanges, making New Mexico the eighth state to face federal litigation over the question of exclusive jurisdiction.

Regulation & Politics
Gensler Files Brief Arguing Sports Prediction Markets Fall Outside CFTC Swap Rules
Former CFTC and SEC chair Gary Gensler filed an amicus brief with the Sixth Circuit arguing that sports-event prediction markets are not swaps under Dodd-Frank, directly contradicting the CFTC's own position in the KalshiEX v. Ohio appeal.

Regulation & Politics
Second Circuit Affirms SBF’s Fraud Conviction and 25-Year Sentence
A three-judge Second Circuit panel affirmed Sam Bankman-Fried’s conviction on seven counts of fraud and conspiracy, along with his 25-year prison sentence, closing his primary legal path to overturning the 2023 verdict.

Regulation & Politics
Delaware and New Jersey Move to Ban Crypto ATMs Over Fraud Concerns
Delaware and New Jersey each advanced bills this week to ban cryptocurrency ATMs statewide, citing over $400 million in annual nationwide fraud losses and a scam pattern that disproportionately targets older residents.

Regulation & Politics
Kalshi Reports 150+ Insider-Trading Investigations in Q1, Rolls Out Employer Checks for High-Risk Markets
Kalshi opened more than 150 insider-trading investigations in the first quarter of 2026, blocked over 100 potential insider trades, and referred at least 20 cases to law enforcement. The CFTC-regulated prediction market paired the numbers Tuesday with a new risk-scoring framework, employment-verification requirements for traders on high-risk markets, and expanded whistleblower tools.

Regulation & Politics
DOJ Opens Debanking Probe Into JPMorgan, Bank of America and Wells Fargo
Federal prosecutors have subpoenaed JPMorgan Chase, Bank of America and Wells Fargo, examining whether banks unlawfully terminated customer accounts for political reasons. The probe directly validates the crypto industry's Operation Chokepoint 2.0 grievances.





