UK’s FCA Seeks Feedback on Stablecoin, Crypto Custody Rules
The UK’s FCA seeks public feedback on proposed regulations for stablecoin issuers and crypto custody providers, aiming to balance innovation with consumer protection. Consultation ends July 2025.
Trump’s Labor Department Retracts Biden-Era Guidance Against Crypto in Retirement Plans – Decrypt
The U.S. Department of Labor rescinded Biden-era guidance discouraging crypto in 401(k) plans, adopting a neutral stance. Trump’s administration is rolling back regulations, favoring a more crypto-friendly approach.
NYC Mayor Adams Unveils BitBond Plan at Bitcoin Conference, Calls for End to BitLicense – “The Defiant”
NYC Mayor Eric Adams announced plans for a Bitcoin bond (BitBond) at a Bitcoin conference, advocating for the end of the BitLicense regulatory framework.
SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation
The SEC’s upcoming roundtable on June 9 will focus on DeFi, exploring regulatory approaches that balance innovation and investor protection, featuring key officials and industry leaders.
NYC’s Eric Adams Unveils Plan for Bitcoin Bonds at Vegas Conference – News Bytes Bitcoin News
NYC Mayor Eric Adams announced plans for Bitcoin Bonds at the Bitcoin 2025 conference, aiming to integrate bitcoin into municipal finance and solidify NYC as a crypto hub.
Cynthia Lummis Says US Military Leaders Support Bitcoin Reserve
Senator Cynthia Lummis reveals US military leaders support a strategic Bitcoin reserve, citing economic power. She advocates for 5% global Bitcoin holdings, with state-level initiatives advancing.
JD Vance urges Bitcoin community to embrace politics
US Vice President JD Vance urged Bitcoin enthusiasts to engage in politics during his Bitcoin 2025 keynote, stressing Bitcoin’s geopolitical importance and US leadership in crypto.
US Fed Meeting Minutes Show ‘Cautious Approach’ Amid Trump Tariff Uncertainty
The US Fed meeting minutes reveal a cautious approach to economic decisions amid Trump’s tariff uncertainty, with no interest rate cuts and focus on inflation data.
Circle Freezes $57 Million USDC Linked to Libra Team Following Burwick Law Court Order in LIBRA Memecoin Scam Lawsuit – “The Defiant”
Circle froze $57M USDC tied to the Libra team following a court order in a LIBRA memecoin scam lawsuit. The action targeted two wallets linked to alleged fraudulent activities.
JD Vance Calls Crypto Market Structure Bill a ‘Priority’ for Trump Administration
VP J.D. Vance stated that passing a crypto market structure bill is a priority for the Trump administration to ensure regulatory clarity and prevent the industry from moving offshore. He emphasized the need for pro-innovation policies and criticized the Biden administration’s approach.
