⚖️ Bessent quotes Satoshi to push Senate crypto vote
US Treasury Secretary Scott Bessent invoked Bitcoin creator Satoshi Nakamoto to pressure Senate Democrats into holding an immediate vote on the Clarity Act, a bill aimed at establishing regulatory clarity for crypto markets.
Bessent used the reference as a rhetorical push to accelerate legislative action, framing the bill as aligned with the foundational principles behind Bitcoin's creation.
The Clarity Act is part of a broader effort in Washington to define the regulatory framework governing digital assets in the United States.
⚖️ MiCA transition period ends — EU crypto firms must hold licence now
The European Securities and Markets Authority has confirmed the end of MiCA's transitional period. Crypto-asset service providers that were operating under legacy national regimes across the EU must now hold a full MiCA authorisation or cease offering services to EU clients.
ESMA has drawn a clear line: no MiCA licence means no access to the EU market. Firms that have not secured authorisation are expected to wind down EU-facing operations until they comply.
The move marks a significant shift in how crypto businesses can operate within the bloc, replacing fragmented national frameworks with a single unified licensing standard under MiCA.
🔐 Coinkite Warns Coldcard Mk3 Users After 594 BTC Drain
Coinkite has issued a security advisory urging all Coldcard Mk3 hardware wallet users to migrate their funds immediately, warning that "funds may be at risk" tied to certain firmware versions and a potential seed-generation vulnerability.
The warning follows reports of a coordinated sweep of 594 BTC — worth approximately $38 million — from wallets on July 30. Experts noted the timing and pattern of the movements as unusual, with long-dormant addresses moving in a tightly coordinated sequence. The cause of the drain has not yet been confirmed.
Coinkite recommends Mk3 users create a strong, unique BIP-39 passphrase directly on the device and move all funds to the resulting new wallet as a precaution.
If you hold Bitcoin on a Coldcard Mk3, treat this advisory as urgent and follow Coinkite's migration steps before any further delay.
📊 Institutions Now Drive 72% of Crypto Trading, Wintermute Finds
Market maker Wintermute has published a new report showing institutional traders now account for a record 72% of crypto trading volume, marking a significant shift in who moves the market.
The report links rising institutional dominance to measurable changes in market behavior: lower overall volatility, more selective capital flows into altcoins, and accelerating growth in tokenized real-world assets.
As Wall Street's presence in crypto deepens, the market's structure is increasingly resembling traditional finance — with implications for how price swings, liquidity and asset selection play out across the space.
⚖️ 80 of Europe's Top 100 Banks to Attend EBC 2026
The European Blockchain Convention 2026, its 12th edition, is set for Barcelona this September, drawing 80 of Europe's top 100 banks as MiCA regulation enters full force across the continent.
The event marks a shift in tone — no longer debating whether Europe will regulate crypto, but focusing on how institutions operate within that framework. The convention is positioned as a major gathering point for banks, asset managers and digital asset firms navigating the post-MiCA landscape.
With regulatory clarity now in place, institutional participation at events like EBC signals growing mainstream integration of digital assets into European finance.