Here’s what happened in crypto today
A handful of regulatory and industry developments dominated crypto headlines: Gemini secured a key European license in Malta, a Federal Reserve governor publicly downplayed fears about decentralized finance, and U.S. lawmakers signaled a near-term timeline for federal crypto market-structure legislation.
Gemini announced it received a Markets in Crypto‑Assets (MiCA) license from Malta’s regulator, a move the exchange says will help expand its regulated services across more than 30 European jurisdictions. The approval follows a May decision that authorized Gemini to offer derivatives under MiFID II and comes as the firm pursues broader European growth, including a recent rollout of tokenized stock trading on the Arbitrum network.
At the Wyoming Blockchain Symposium, Federal Reserve Governor Christopher Waller urged bankers and policymakers not to fear DeFi and blockchain technology. He described crypto payment tools, tokenization and smart contracts as new transaction technologies that should be examined and integrated rather than shunned, and he encouraged cooperation between regulators and the private sector on payment infrastructure.
Also at the symposium, Senator Cynthia Lummis outlined expectations for U.S. market-structure legislation. She said lawmakers are working to move a digital‑asset market bill through the process and suggested it could reach the president’s desk before year’s end, setting the stage for implementation in 2026. Lummis indicated the Senate intends to build on the House-passed CLARITY framework while incorporating elements from the Senate’s own Responsible Financial Innovation proposal.
Taken together, these stories reflect parallel efforts in Europe and the United States to regulate and integrate crypto into mainstream financial systems — from licensing and tokenized products to policy debates over how best to supervise markets and payments built on distributed‑ledger technology.
