K33 analyst Vetle Lunde warned of potential volatility ahead Read more on Blockworks
- Crunch
- Global
The US Securities and Exchange Commission is taking a new direction on crypto regulation promising a more transparent approach. Chair Paul Atkins announced the agency will develop rules through public input rather than lawsuits signaling a major departure from the past enforcement-heavy stance. The move aims to provide clearer guidance for crypto firms while promoting investor protection.
Atkins emphasized the need for a rational regulatory framework that allows innovation while discouraging bad actors. He stated the SEC will set clear standards for how digital assets are issued held and traded. The Crypto Task Force is currently drafting new regulations expected to be released in the coming months focusing on practical rules that support industry growth.
In another key change Atkins revealed plans to shut down FinHub the agency’s innovation arm. He said innovation should be integrated across the SEC not confined to a single office. Since former Chair Gensler’s departure the SEC has taken a friendlier tone dismissing several enforcement actions and offering clarity on crypto staking activities.
Pro-cryptocurrency senators are preparing to introduce a landmark legislation this month, aimed at dividing the oversight of digital assets between market regulators.
What Happened: Sen. Cynthia Lummis (R-Wyo.) said that the Senate is gearing up to advance its push for crypto-friendly measures, Politico reported Tuesday. The House Republicans have already introduced the CLARITY Act, also known as the market structure bill, set for two separate hearings on Wednesday in the lower chamber’s Financial Services and Agriculture committees.
The proposed legislation aims to split cryptocurrency oversight between the Securities and Exchange Commission, supervised by House Financial…
Read more on Benzinga
California is making bold moves toward embracing cryptocurrency as the state’s Assembly has unanimously passed Assembly Bill 1180 with a 68-0 vote. The bill now heads to the Senate and aims to allow digital currencies for paying state fees under the Digital Financial Assets Law. If approved and signed into law the new rules would take effect on July ,1 2026 with a pilot program running until January 1, 2031.
The Department of Financial Protection and Innovation will be responsible for implementing crypto payment systems. The agency must also submit a report by January 1, 2028 that includes data on all crypto transactions and outlines any technical or regulatory issues faced. AB 1180 could place California alongside states like Florida and Colorado which have already started accepting crypto for public payments.
A companion bill AB 1052 also known as the “Bitcoin rights” bill is gaining momentum. It supports crypto self-custody and bans local restrictions or taxes based solely on using digital assets for payments.
A congressman has disclosed buying Bitcoin BTC/USD on four occasions in 2025, with some of the trades happening past the 45-day window, adding to the recent calls to ban members of Congress from buying and selling stocks and other investments.
What Happened: A bill that would ban members of Congress from buying stocks and options may not apply to cryptocurrency purchases, which could be good news for members who have bought Bitcoin, meme coins and Bitcoin ETFs.
Rep. Brandon Gill (R-Texas), a close ally of President Donald Trump, is the latest member of Congress to disclose buying cryptocurrency.
Gill disclosed the following Bitcoin purchases, with their transaction dates listed below:
Jan…. Read more on Benzinga
Today, H100 Group AB announced it has entered a SEK 21 million convertible loan from an investment agreement with Adam Back, with the option to expand his investment to SEK 277 million through a five-tranche convertible loan deal. The proceeds will be used to buy Bitcoin in alignment with H100 Group’s long-term Bitcoin treasury strategy.
H100 Group AB (Ticker: H100) secures a SEK 21M ($2.1M) commitment from @adam3us , with rights to invest an additional SEK 128M ($12.8M) in tranches—bringing the total contemplated raise to SEK 277M (~$27.7M). pic.twitter.com/c0HgMSRxut
— H100 (@H100Group) June 3, 2025
Under the agreement, Back may invest up to SEK 128 million across four…
Read more on BitcoinMagazine
Pump.fun plans to raise $1 billion via a token sale, two sources with knowledge of the matter told Blockworks.
Three sources said the sale would come at a $4 billion token valuation.
The token will be sold to both public and private investors, sources added. Blockworks could not immediately confirm when the token is set to go live or whether it will be issued on the pump.fun platform. However, a post on X teased that it could come in the next two weeks.
The potential $4 billion token valuation would mint pump.fun as crypto’s latest unicorn startup after a year in which it helped ignite a memecoin frenzy.
Pump.fun did not immediately return multiple requests for…
Read more on Blockworks
Today, MARA Holdings, Inc. (NASDAQ: MARA) reported a record high month of bitcoin production in May 2025, mining 950 BTC worth over $100 million at the time of writing. A 35% increase from April and the highest monthly output since the April 2024 halving event. MARA did not sell any bitcoin in May.
“May was a record-breaking month for MARA with 282 blocks won, a 38% increase over April and a new monthly high,” said the Chairman and CEO of MARA Fred Thiel. “Our total bitcoin holdings surpassed 49,000 BTC during May and the 950 bitcoin produced were the most since the halving event in April 2024.”
The company mined 282 blocks during the month, a 38% rise over the…
Read more on BitcoinMagazine
“Shitcoin Magazine,” tweeted Bitcoin educator and author Knut Svanholm about the event that BTC Inc, the parent company of Bitcoin Magazine, organized in Las Vegas last week. Dancing cows dashed across my feed. “It’s a political convention now,” I overheard two attendees saying as they exited the Nakamoto stage, heads shaking. Nigel Farage, the inflammatory British politician and leader of Reform UK, was shouting on stage about becoming prime minister. A somewhat calmer personality, Vice President JD Vance spoke about “crypto” and thanked Coinbase.
Word on the (online) street is that Bitcoin 2025 was captured by political and shitcoin-y interests. Our own…
Read more on BitcoinMagazine