Hello again! If you thought May were going to close quietly, think again. Last week was chaotic – full of volatility, influence and power games. Sudden exchange bans to surprising legal inversions, the industry is pushed – and drawn – by regulators around the world.
The repression of Thailand, the unexpected decision of the dry to lower accusations and increasing political pressure in the United States are only a few signs that industry is evolving rapidly.
But let’s take a step back to make you catch up. Here are the best stories you may have missed + everything you need to know to go in June well prepared.
Let’s start.
# 1 Trump era site? Dry moves away from the battle of the Binance
After almost two years of allegations that have made the headlines, the SEC abandoned its trial against Binance and the co-founder Changpeng Zhao. The dismissal, deposited with prejudicesmeans that the regulator cannot reopen the case. The dry simply said that the decision had been made “In the exercise of his discretion and in political matters.”
This decision follows a 60 -day break and increasing speculation on a change in regulatory tone under President Trump. Binance was originally accused of inflating volumes, using abusive funds and exchanging unregistered titles. NOW? The case is classified without admission of guilt.
Binance, as planned, celebrated victory, as is the largest cryptography community.
The fading of reform # 2 which makes the United Kingdom a world power plant for the crypto powerhouse
Nigel Farage bets Grand on Bitcoin and the British ballot. In Bitcoin 2025 in Las Vegas, the reform leader of the United Kingdom has unveiled the “Crypto Assets and Digital Finance Bill” of his party, promising to reduce the tax on 10%cryptographic capital gains, create a bitcoin reserve at the Bank of England and Bitcoin banks to users of crypto of the suburb.
“We are going to launch a cryptographic revolution in Great Britain”, “ He said, holding the stage bill.
With the adoption of the arrow crypto among the young British, Farage says that it is time to catch up and he is ready to direct this charge.
# 3 American legislators launch ACT clarity for clear cryptography rules
The regulatory confusion was a constant headache for the American cryptography industry, but it can be about to change. On May 29, Bipartisse legislators introduced the Clarity Act, aimed at drawing clear lines around digital assets. Directed by the representative French Hill and supported by key figures like Tom Emmer, this bill wishes to award clear monitoring of the agency and legal definitions to the crypto market. With areas like recording exchanges and stablecoin rules on the table, this could bring an essential certainty.
If it is adopted, the Clarity Act could be the framework that has long been lacking, giving both investors and innovators to breathe. I’m eager to!
President Donald Trump’s media startup, Trump Media & Technology Group (TMTG), makes a drafting decision: he plans to pay $ 2.5 billion in Bitcoin. The company, known for Truth Social and Truth +, announced that it would finance the purchase by selling convertible stocks and obligations.
Devin Nunes, CEO and Trump Ally from TMTG, called Bitcoin “an instrument of financial freedom” and said that crypto holding the company will protect the company against “harassment and discrimination by financial institutions”.
This agreement could soon place TMTG among the biggest holders of Bitcoin public enterprises, showing how the Trump Double Camp on digital assets.
# 5 Thailand cuts five giant crypto giants without license
Thailand traces the line! From June 28, five renowned centralized exchanges – Bybit, 1000x, Coinex, OKX and XT – will be cut off from the country’s internet. The Securities and Exchange Commission (SEC) clearly indicated: these platforms worked without appropriate recording. This is a protective decision against crimes related to crypto and money laundering.
The Ministry of the Digital Economy and the Society will apply the ban, aimed at protecting investors and cleaning the digital scene of Thailand.
# 6 GameStop buys Bitcoin, Lost Wall Street
GameStop has just made a bet of $ 500 million on Bitcoin, but investors are not on board. This decision, intended to compensate for the fall in video game sales, sparked a drop of 10% of the scholarship immediately and a total dive of 23%.
While the company has raised $ 1.5 billion to finance the pivot, criticism is not sold. Many fear that it is like past errors, exposing GameStop to the volatility of Bitcoin. With store closures and the drop in income, this change has left the market to ask: is it an act of despair?
# 7 Solana to reach $ 275? Standard Charteron Thinks
Standard Charterd abandoned a daring forecast: Solana could reach $ 275 by the end of 2025 and extend to $ 500 by 2029. The bank sees force in the low -volume use of Solana, in particular for financial and general public applications. But there is a problem: “reaching the ladder … could take time.”
Despite the main activity of the part, the Note $ soil bank seems to be cheap compared to its candidacy income. However, he expects Solana Subperform Ethereum in the short term, the $ ETH / $ Sol report going to 17 by 2027, before correcting. Great potential, but the road is not fluid.
# 8 Elon Musk leaves the Trump administration
Elon Musk came out. The billionaire has officially left his role in the Trump administration, citing the growing frustration of federal government resistance to cost reduction reforms.
As head of the DOGE service (Department of Government Effectiveness), Musk had aimed to brake the inflated expenses, but Trump’s budgetary plan pushed the deficit in the opposite direction.
“Much worse than I made it”, he admitted, referring to the bureaucratic decline.
# 9 The new Stablecoin invoice can enclose the digital future of Dollar
The Genius Act recently eliminated a major obstacle to the Senate, and it could redefine the way in which the United States treats stablecoins and the role of the dollar in web3. Supported by a procedural vote of 66 to 32, the bill requires reservations of 1: 1 dollar, strict audits and federal licenses.
Foresight Ventures says it would make the USD the “digital regulation currency of the world”. However, let us maintain new speculations until the final vote.
# 10 Cantor Fitzgerald Lance Bitcoin Fund
Prudent crypto? It could be for you. Cantor Fitzgerald launches a Bitcoin fund of five years – but here is the twist: it is covered 1: 1 with gold. Capture Bitcoin on the rise while using gold to lock down protection. “It is designed to bring traditional investors to the ecosystem”, “ said President Brandon Lungick to Bitcoin 2025.
Cantor has already teamed up with Maple and Falconx on BTC Lending. Now they take a larger swing to merge funding inherited with digital assets.
Under the spotlight
Here are a few quick blows that you should not miss!
Sharplink Double on ETH: In an interesting room, Sharplink Gaming has moved $ 425 million in ETH and appointed the co -founder of Ethereum Joseph Lubin as president, marking one of the largest cryptographic treasury pieces of a public enterprise to date.
The ny crypto investor held the hostage: Michael Carturan, an Italian crypto investor, was kidnapped in New York and held hostage for 17 days – everything so that his kidnappers can go to his bitcoin. The suspects have been captured, but the case recalls that the holding of cryptographic wealth is no longer just a digital risk.
Hong Kong prepares the path for the Stablecoin license: Hong Kong adopted a law creating an official license for stable transmitters on Fiat. This places it among the first to offer clear rules, aimed at attracting global cryptography companies and stimulating its web3 ambitions.
High -level dryness summit: On June 5, the SEC will hold a conference stressing how tokenization transforms the management of assets and will explore regulatory executives to support innovation in digital assets.
The new Hire Sparks VP in tone: Toncoin jumped almost 16% after Nikola Plecas, ex-executive of payments, joined your foundation as vice-president of payments. Its move sparked net purchase meat, pushing $ ton exceeding $ 3.25 with strong volume support.
What is the next step for Crypto?
Major changes to expect in advance:
- With the regulatory fog that finally begins to get rid of, June seems ready to bring major movements. The Genius Act could achieve final approval, potentially locking in the digital future of the US dollar.
- Expect that more institutional players are going up in lighter rules and new products, such as the Bitcoin Covered Gold Fund from Cantor Fitzgerald, are gaining ground.
- Hong Kong is positioning itself as a stablecoin hub, attracting global cryptography companies with new licenses and a clear regulatory framework.
- The mixture of Mayy regulatory progress, increasing adoption and safety challenges shows that the market is volatile but which also matures quickly.
The history of cryptography continues to take place – we will make you the headlines that matter. I will catch you next week, ready for the next step.
