The European Central Bank is warning that stablecoins could become more than a competitor to cards and bank transfers. At sufficient scale, they could begin removing the retail deposits that European banks use to fund mortgages, business loans and other credit.

The European Securities and Markets Authority added 14 firms to its central register of authorised crypto-asset service providers in the update published on July 16, bringing the listed total to 294.

The United States wants to lead global crypto, but without the CLARITY Act, clearer foreign frameworks may keep attracting developers, companies, investment, and innovation abroad.

The Federal Law Enforcement Officers Association has endorsed the CLARITY Act while asking the Senate to revise parts of its decentralized-finance liability framework, giving the market-structure bill political support without resolving its most disputed provision.

The American Bankers Association, Independent Community Bankers of America and 76 state banking associations are urging Senate leaders to revise the Clarity Act before final passage, warning that Section 404 could still let stablecoin rewards reproduce the economic effect of bank-deposit interest.

The US Senate returned to Washington on July 13 with roughly four calendar weeks before its summer recess and no final public version of the Clarity Act ready for a floor vote.

The UK has assembled 54 banks, asset managers, exchanges, market infrastructure providers, and digital-asset companies to develop live uses for blockchain across wholesale financial markets.

Thailand's central bank will require anyone depositing 5 million baht or more in cash to verify the source of the funds starting in the fourth quarter, extending a control net that already covers large withdrawals and now reaches into stablecoin flows and the gold market.

The Digital Asset Market Clarity Act enters the decisive stretch of its legislative life on July 13, when the Senate returns with roughly three working weeks to schedule a vote before the August recess, a window analysts describe as the last realistic gate for passage in 2026.

A statutory prohibition on a Federal Reserve digital dollar took effect on July 11 without a presidential signature, after Donald Trump let the 10-day constitutional deadline expire in protest over unrelated voting legislation.

The White House pushed back on July 9 against Senate Democrats' claims that the Trump administration is refusing to nominate Democratic commissioners, saying it requested names for vacancies at the SEC and CFTC and "has not received names in response."

Russia’s Alfa-Bank plans to launch a digital custody service for cryptocurrencies once new rules are in place.