The US House of Representatives has passed three major cryptocurrency bills, marking a significant shift in regulatory momentum.
Lawmakers voted overwhelmingly in favour of the Digital Asset Market Clarity (CLARITY) Act and the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The Anti-CBDC Surveillance State Act narrowly passed along more partisan lines.
The CLARITY Act seeks to define a market structure for digital assets, while the GENIUS Act focuses on creating a framework for stablecoin issuance.
The controversial Anti-CBDC bill seeks to ban a central bank digital currency, citing Republican fears of surveillance and government overreach. Despite some internal party disagreements, the Republican-led push gained support from dozens of Democrats.
Crypto industry leaders hailed the votes as a major win for innovation, privacy, and individual financial freedoms. Trump’s influence was evident in what Republicans dubbed ‘crypto week,’ highlighting his promise to promote digital asset adoption if re-elected.
The GENIUS Act could be signed into law imminently, while the CLARITY and anti-CBDC bills now await Senate debate and potential amendments.
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French lawmakers have proposed a pilot scheme to use excess nuclear energy for Bitcoin mining, potentially generating up to $150 million in annual revenue. The five-year plan would redirect surplus electricity towards mining operations, helping to stabilise the country’s energy grid.
Growing use of renewables such as wind and solar has caused frequent imbalances and overproduction on the grid. Mining centres located near nuclear plants would activate only when surplus power is available, providing a flexible solution without affecting consumer supply.
The scheme also aims to offset maintenance costs for France’s nuclear fleet.
Mining rigs generate significant heat that could be reused for district heating or agriculture, as seen in Finland. The French Council of State will monitor the pilot, with a full review after six months.
France joins a select group of countries exploring Bitcoin mining as a strategic way to manage electricity oversupply, including Pakistan, Belarus, and Texas in the US.
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The CLARITY Act seeks to create a clear regulatory framework for digital assets in the US, introducing a ‘mature blockchain system‘ to distinguish commodities from securities.
According to the bill, a mature blockchain system must be free from control by any single person or group. It should also demonstrate decentralised governance, open participation, and transparent operations.
Using the Act’s criteria, an AI analysis conducted with ChatGPT assessed major blockchain networks’ governance models as of July 2025. Key factors considered included decentralisation of decision-making, validator independence, and whether any single entity retained upgrade control.
Based on this evaluation, networks like Bitcoin, Ethereum, Litecoin, Monero, Dogecoin, Tezos, and Cosmos qualify as mature under the proposed legislation.
Some prominent blockchains, such as Solana, Cardano, Polkadot, and BNB Chain, remain under varying levels of central control and do not meet the maturity requirements.
The AI-driven assessment relies solely on publicly available information and serves as a reasoned interpretation rather than a formal regulatory ruling. Experts stress that legal decisions require human oversight and must account for changes in blockchain governance.
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Several large US banks, including Bank of America, Citibank, Morgan Stanley, and JPMorgan Chase, are developing or considering stablecoins as crypto-friendly regulations take shape.
Bank of America’s CEO Brian Moynihan confirmed ongoing work on a stablecoin but highlighted the need to understand client demand before full rollout. Similarly, Citibank and Morgan Stanley are assessing the landscape and potential use cases for their clients.
JPMorgan Chase has also expressed interest, despite its CEO’s previous scepticism towards Bitcoin.
The US Congress is advancing legislation to establish a clear regulatory framework for stablecoins. This progress reflects growing acceptance of digital assets and may encourage further integration with traditional finance.
Banks remain cautious but see stablecoins as a significant opportunity once legal clarity is achieved.
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UK lawmakers are urging a ban on cryptocurrency donations in political campaigns over fears that such contributions are hard to trace and vulnerable to foreign interference. Minister Pat McFadden said UK political funding must stay transparent and trusted by public.
While crypto donations have gained traction in the US—with figures like President Donald Trump embracing digital assets—the UK’s stance reflects growing caution.
The Reform UK party recently became the first in Britain to accept Bitcoin donations, sparking concerns from anti-corruption groups about the risk of criminal or foreign funds influencing elections.
Ireland and several US states have already banned crypto donations to political campaigns, citing transparency and election integrity issues.
As crypto donations increase globally, governments continue to debate how to regulate digital assets to protect democratic processes.
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The EU’s Anti-Money Laundering Authority (AMLA) has warned that fragmented oversight and inconsistent rules pose significant risks to the bloc’s financial integrity. Chair Bruna Szego urged regulators and crypto firms to prepare for stricter anti-money laundering rules.
The Frankfurt-based agency, now operational, will oversee the enforcement of new EU-wide anti-money laundering regulations. Szego stressed the importance of identifying the beneficial owners of crypto platforms and ensuring they are not linked to criminal networks.
Concerns over inconsistent controls across EU countries and diverging interpretations of MiCA requirements have grown. Crypto firms must be prepared to meet the different standards across all jurisdictions they plan to operate.
From July 2027, crypto platforms will be required to block anonymous wallets and provide authorities with complete, real-time access to account data.
Major firms like Binance have already faced regulatory penalties, with ongoing investigations highlighting the rising pressure on the sector.
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Fairshake, a crypto-backed political action committee (PAC), now holds $141 million as it ramps up influence efforts ahead of upcoming US elections. With $52 million raised in the first half of 2025, PAC has surpassed its spending from the last election cycle.
Formed in 2023, Fairshake has already spent over $2 million in special elections this year through its affiliates. It previously funded pro-crypto candidates during the 2024 US elections and is now targeting congressional races through 2026.
Industry giants such as Ripple, Kraken, and Gemini founders have also contributed to aligned candidates, though Fairshake itself hasn’t directly supported Trump’s campaign.
The group’s rising influence coincides with growing Republican support for crypto legislation. The current GOP majority in both chambers includes over 270 lawmakers viewed as crypto-friendly.
Fairshake-backed candidates recently secured key House seats in Florida, aiding the party’s push for new laws on stablecoins and market structure.
Looking ahead, Fairshake plans to use its record-breaking war chest to shape the legislative landscape on digital assets. With the 2026 midterms on the horizon, crypto lobbying may play a critical role in how the US regulates digital currencies.
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Countries including Vanuatu, Portugal, El Salvador, Dominica and Saint Lucia now offer legal residency or citizenship in exchange for crypto-funded investments. Bitcoin, Ether and stablecoins are increasingly accepted—either directly or via licensed agents—giving digital asset holders new options for global mobility.
Vanuatu offers one of the fastest second passports, processed in under two months. Applicants donate at least $130,000, and crypto can be used through licensed intermediaries
Caribbean nations Dominica and Saint Lucia also allow crypto to be converted into fiat by agents, with donations starting from $200,000. Both programmes are remote and include family members.
Portugal’s golden visa now favours investment funds over property, with some allowing crypto-converted fiat and exposure to blockchain assets. Applicants need only minimal stays, and the path to citizenship may extend from five to ten years. Tax conditions remain favourable, especially for long-term crypto gains.
El Salvador leads with its Freedom Visa, accepting a direct $1-million investment in Bitcoin or USDT for citizenship. The programme, limited to 1,000 applicants yearly, is fully crypto-native and offers fast-track approval.
With rising interest in crypto migration, more governments may soon follow suit.
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The EU regulator ESMA has criticised Malta’s fast approval of crypto licences under the MiCA rules. The Malta Financial Services Authority (MFSA) granted licences quickly but overlooked key compliance and risk checks.
Since January 2025, Malta has issued five licences to crypto firms like OKX and Crypto.com. While MFSA has adequate resources, some areas—such as governance and AML controls—were not fully assessed before approval.
ESMA urges Malta to slow the process and improve oversight as licence applications grow. The report stresses that all EU states must ensure thorough checks to protect the evolving crypto market.
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As Indian equities plateau and fixed-income instruments underperform, the country’s wealthiest investors are increasingly turning to cryptocurrencies. Bitcoin’s recent surge past $123,000 and global institutional support have made digital assets a compelling addition to long-term portfolios.
Family offices, institutional players and high-net-worth individuals (HNIs) are shifting strategies, prioritising allocation plans and custody options over crypto’s legitimacy. Major Indian exchanges report rising volumes mainly from sophisticated investors, not retail traders seeking quick gains.
The trend is further fuelled by global signals, including the return of Donald Trump to the US presidency and bipartisan support for crypto regulation. International exposure and the rise of Bitcoin ETFs have also influenced Indian investor sentiment, particularly among those with cross-border holdings.
Despite the momentum, India’s 30% capital gains tax and 1% TDS continue to hinder broader participation. While the ultra-wealthy can absorb these costs, the crypto industry argues that friendlier tax rules are essential for innovation and mainstream adoption.
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