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On Thursday, US Senator Cynthia Lummis submitted a bill to the law that proposed to free certain crypto transactions from taxation and postpone taxes on mining and remuneration until the basic tokens were sold.
“My legislation ensures that Americans can participate in the digital economy without an unintentionally tax violation,” said Snowfall.
The Senator’s bill was published three weeks after the leadership and introduction of national innovations for American Stablecoins or Genius Act, handed over The Senate in voting 68–30 11th June, Caintelegraph informed.
The Genius Act can “Legitimize” Stablecoins for institutional participants by determining clear standards of collateralization and consolidating them as “better form of money,” said Andrei Grachev, DWF Labs and Falcon Finance.
A growing US brightness can allow more Traditional financial players According to the founder AAVE Labs tents Kolechov look for decentralized financial services due to their disappointment with traditional banking services.
“Thanks to the terrible banking experience, we have seen a lot of finances and FINTECH applications that are able to capture a lot of share in the market,” said Kulyov on the stage of ETHCC 2025.
For Decentralized Finance (Defi), token The assets in the real world are “opportunities worth several trillion” for the crypto sector to engage in traditional finance, Kolechov added.
In a wider cryptic space running and running and a decentralized network Blockchain Oracle for Crosschain communication and A new framework for compliance with regulations The aim of unlocking institutional capital worth more than $ 100 trillion for the crypto market.
“Chainlink ACE is the standard compliance and identity for which the tokenized economy of assets awaited, and today’s launch provides the final critical building block for more than $ 100 trillion in institutional capital to move onchain,” said Sergey Nazarov, co -founder Chainlink.
American senator Cynthia Lummis Proposals of separate crypt tax account
American Senator Cynthia Lummis submitted a bill on Thursday and outlined several provisions to rework the Tax Code and liberate certain digital asset transactions from taxation after the budget package did not appear cryptomatic changes.
The charge It proposes an exception to DE minimis for digital assets and capital gains of $ 300 or less, with an annual exception of $ 5,000.
Senator in Wyoming also outlined the provisions of the liberation of cryptovět agreements and Digital Asset used in charity posts of taxation. In addition, the bill suggested to postpone taxes on mining and Just a reward Until basic assets are sold. Lummis said:
“This pioneering legislation is fully paid, breaks through bureaucratic bureaucracy and sets the rules of common sense that reflects how digital technology works in the real world. We cannot allow our archaic tax policies to push US innovations.
“My legislation ensures that Americans can participate in the digital economy without an unintentional tax violation,” she added.
A separate bill is now the best chances of a senator in Wyoming to hand over pro-crito legislation promised crypto community after SEnator approved an account for expenses Without digital assets.
$ 250 million on the Fund catalyst signals a “armament plant” for RWA tokenization
Defic Ondo Finance and Venture Company Pantera Capital Plan is planning to increase investment in the real world (RWAS), emphasizing the growing focus on tokenization in the middle of favorable regulatory development in the United States.
Both companies were informed Axios that they plan to invest $ 250 million in RWAS through the new Fund called Ondo Catalyst. The main strategic director of Ondo, Ian de Bode, said that the funds would be invested in obtaining stock bets and chips in developing projects.
“Right now we see a little arms race” on the tokening market, De Bode Axios, referring to the increase in spaces entering the space. Especially the stock exchanges are zero at tokenized events and offers of the Fund traded on the Stock Exchange (ETF).
As Cointlegraph recently reportedThe digital brokerage firm Robinhood launched a new blockchain Layer-2, which allows European clients to trade tokenized American shares and ETF.
In May, Kraken announced plans Offer tokenized trading in US shares to investors outside the US.
Meanwhile Crypto Exchange Coinbase reportedly monitors regulatory approval If you want to offer tokenized shares, a step that would help him compete with Robinhood and other trading platforms.
Ondo Finance increases its pressure to the finance onchain and recently announced the creation and Global Markets Alliance With several crypto companies that control the adoption of capital markets based on blockchain. On Thursday, the company announced that the OKX wallet joined the alliance.
Pancakeswap doubles a quarterly volume to $ 530 billion because upgrades increase growth
Pancakeswap, Multichain Decentralized Exchange (DeX), showed a record record $ 325 billion in June trading, the highest monthly volume of trading in the five -year history of the platform.
A total of June exceeded the May $ 174 billion and, according to Dune Analytics, shifted the volume of Pancakeswap to $ 530 billion, which is more than a doubling of $ 211 billion recorded in the first quarter.
The increase in activity is governed by a number of recent upgrades, including the April introduction of Pancakeswap Infinity, which introduced several features designed to improve user interface and efficiency of trading.
The upgrade introduced lower gas charges, customizable liquidity funds using “hooks” and support for advanced liquidity providers through CLAMM and LBAMM pool types.
Chef Kids, Head Pancakeswap, said Caintelegraph that Pancakeswap Infinity offers key advantages for developers and liquidity providers. For developers, the platform allows you to integrate new types of pool and own hooks without moving intelligent contracts or launching new versions that “drastically reduce the development of overhead costs and speed up innovation”.
Fatf crypto control list indicates additional regulatory intervention
Cryptocurrency regulations are increasingly adapted to global standards, as 73% of eligible jurisdictions have now adopted laws to carry out the financial action (FATF).
The travel rule is ordered by a crypt service provider to collect and share user transactions, similar to traditional financial requirements. June 26th Fatf released His annual report, which outlines, as recent regulatory movements, according to jurisdictions, converge with its global framework against money washing (AML).
This is a direct consequence of years of long FATF campaign, which will bring cryptocurrencies in accordance with traditional AML standards and against terrorist financing (CFT).
FATF focused on stable stable stable and decentralized finances (defi) for the second year and emphasized their growing use in illegal finances, including North Korean actors. The organization said it was planning to issue targeted stable papers, cryptomic platform and deficit at sea until next summer, indicating where the global crypto regulation can go.
Crypto losses hit 2.5 B in the first half of 2025, but Hackes fall in the fourth quarter: Certik
The loss of crypto hacks, exploitation and fraud increased to $ 2.47 billion in the first half of 2025, but the second quarter of the total number of hacks decreased, Blockchain Safety company said.
Over $ 800 million was lost at 144 incidents in the fourth quarter, which is 52% reduction in value lost in comparison with the previous quarter, with 59 less hacker incidents, certik said In the report on Tuesday.
The first half of the year 2025 was lossed by more than $ 2.47 billion Because of hackers, fraud and exploitationThis represents an almost 3% increase compared to a stolen $ 2.4 billion in 2024.
However, given that more than $ 187 million returned in the first half of the year, the Certik said the modified sum was approaching $ 2.2 billion.
Despite the increase in Certik losses, he stated that it did not necessarily “propose deteriorating security landscape” because the lion’s share of losses came from only two incidents against the cryptocurrency of Bybit and Cetus Protocol worth $ 1.78 billion together.
Defined market overview
According to data from COINTELEGRAPH Markets for And Tradingview, most of the 100 largest cryptocurrencies of market capitalization ended in a week in Green.
The Pudgy Penguins (Promises) Token increased by 66% as the greatest profit of the week, followed by Bonk (Bonk) Memecoin, up to 25% on the weekly chart.
Thank you for reading our summary of the most influential development of this week. Join us next Friday and get more stories, knowledge and education concerning this dynamically advancing space.
