BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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President Donald Trump has called on Congress to advance new cryptocurrency legislation, pressing lawmakers to move digital asset rules forward and adding fresh political weight to the push for federal crypto market structure.
CFTC Chair Michael Selig is emphasizing financial innovation ahead of a Commodity Futures Trading Commission advisory committee meeting, a signal that positions digital asset markets and market structure near the top of the agency's near-term policy focus.
Trump called for passage of the CLARITY Act as the crypto legislation faced resistance in the Senate, saying Congress needs to take the next step, according to MarketWatch reporting . The appeal framed the bill squarely as a matter of digital asset regulation rather than a broader campaign theme.
Maya Protocol halted network operations after a six-bug exploit drained roughly $1. 4 million in Bitcoin and other assets, forcing the cross-chain project offline as it scrambled to contain the damage.
Cybersecurity firm Rapid7 has identified a phishing campaign it calls Operation ASTERIX, an effort built to trick cryptocurrency holders into surrendering their wallet recovery phrases and, with them, control of their funds.
HM Revenue and Customs, the UK's tax authority, has issued roughly 81,000 warning letters to cryptocurrency holders, a large-scale outreach that signals a widening tax-compliance crackdown rather than any market-price event.
Maya Protocol, a cross-chain decentralized finance platform, was hit by an exploit that drained roughly $1. 7 million in bitcoin and other assets, in an attack that reporting has tied to a chain of separate code-level bugs rather than a single point of failure.
The gathering places senior US regulators and private-sector crypto leaders inside the White House, signaling policy-focused discussions on how digital assets are overseen, according to Investor's Business Daily . For related coverage, see Trump Defends $1.
The measure is a formal rule proposal, not a final or enacted regulation, published by the agency in its newsroom announcement of Regulation Crypto Assets . For related coverage, see SEC Chair Atkins Proposes Crypto Safe Harbor With Startup and Mature Network Exemptions .
A crypto-industry political action committee backed by funding tied to Ripple and Coinbase has directed roughly $2 million into Florida congressional races, underscoring how digital asset firms are turning campaign spending into a policy tool.