CME Group, the world’s largest futures exchange, recently discussed the Digital Asset Market Clarity Act (CLARITY Act) in market analysis, noting its potential to provide regulatory clarity by classifying Bitcoin as a digital commodity under CFTC oversight.

The bill advanced through the Senate Banking Committee in mid-May 2026 with bipartisan support. CME analysts described it as helping confirm Bitcoin as a “durable fixture in the financial landscape,” building on its existing futures products since 2017.

The CLARITY Act aims to delineate SEC and CFTC jurisdictions over digital assets, fostering clearer rules for markets like Bitcoin without it being law yet

Hunter Biden, the son of former President Joe Biden, is now accepting Bitcoin as payment for his artwork on his official website. 

The homepage of Hunter Biden’s official website, hunterbiden.com, features his signature bright, large-scale floral paintings, while the footer now includes a simple but striking notice: “BITCOIN ACCEPTED,” listed alongside links to the site’s privacy policy, terms of use and “Verisart Authentication.”

Verisart provides blockchain‑based certificates of authenticity designed to permanently record provenance and ownership of artworks, both physical and digital.

Biden’s art career has been politically fraught from the start, with initial shows…

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The VerifiedX foundation has announced the launch of vBTC.b on Base with support for Fireblocks, aimed at bringing Bitcoin’s digital gold qualities and world-class brand recognition to Defi and the Institutional self-custody markets.  

According to a press release shared with Bitcoin Magazine, VerifiedX is the first “Non-Synthetic Bitcoin Asset” with built-in native bitcoin redemption, compatible with Base, Coinbase’s increasingly popular EVM blockchain and Defi platform. “vBTC is now live as a canonical asset on Base under the ticker vBTC.b and is officially listed inside the Fireblocks platform with self-custody enabled.”

While the integration with Base makes…

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Minnesota has become the latest state to grant banks and credit unions the legal authority to offer cryptocurrency custody services, a move that proponents say ends years of regulatory ambiguity that kept institutions on the sidelines of a market now worth trillions.

Governor Tim Walz signed HF 3709 into law. The legislation takes effect August 1, 2026. The law permits state-chartered banks and credit unions to hold virtual currency and the cryptographic keys that control it on behalf of customers and members. 

Minnesota joins New York, Wyoming, and Virginia, which have established similar frameworks.

According to the law, institutions seeking to offer custody services must…

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As I write this, Bitcoin is coming off of conceivably its worst week ever.

It started out with the January 31, 2026 release of batch number two of the Epstein files, which implicated none-too-few Bitcoiners and early stage Bitcoin companies (I wonder, will we still be talking about Epstein in 2036?).

The release now reads like a nasty omen. Because on Thursday of the same week, bitcoin suffered its fourth worst drawdown ever, a 21% bludgeoning that bled $16,000 from its price as it went from $76,000 to $60,000 in a single day. 

This was gnarly for bitcoin holders, of course, but it was gnarlier still for Bitcoin miners, who were already suffering under historically low revenue…

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Tether International has acquired SoftBank’s entire stake in Twenty One Capital, the Bitcoin treasury company co-founded by Jack Mallers, consolidating control over one of the most prominent public Bitcoin vehicles to emerge in the past year.

The transaction, announced May 20, removes the last major outside ownership bloc from Twenty One’s founding three-party structure. SoftBank’s representatives on the company’s board stepped down at closing, per the terms of XXI’s shareholder agreement. No financial details of the deal were disclosed.

Twenty One Capital launched in April 2025 through a business combination with Cantor Equity Partners, with the three founding…

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President Donald Trump signed an executive order Tuesday directing the Federal Reserve and other financial regulators to tear down barriers that have long kept crypto and fintech firms on the outside of the U.S. payment system — a move that puts the central bank at the center of a fight that has been building for years.

The order, titled “Integrating Financial Technology Innovation into Regulatory Frameworks,” calls on the heads of federal financial agencies to audit existing rules within three months and identify regulations that “unduly impede” fintech firms from partnering with federally regulated institutions. 

Within six months, regulators must act on what they…

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