28m faCoinbase rolls out regulated crypto futures in Europe for Advanced users across 26 countriesCoinbase has launched regulated crypto futures in Europe, making the derivatives products accessible to Coinbase Advanced users across 26 countries, according to the company. The new offering expands Coinbase's European product suite by adding futures contracts under a regulated framework for eligible traders on its Advanced platform.40m faCoinbase Launches Regulated Futures Trading for Advanced Users in 26 European CountriesCoinbase has launched regulated futures trading for Coinbase Advanced clients across 26 European countries, including Germany, France and the Netherlands, the company announced. The product offers futures on BTC, SOL and equity indices, featuring perpetual-style contracts with a five-year expiry and leverage of up to 10x on select instruments. The rollout expands Coinbase's derivatives suite for European users under a regulated framework.1h faCLARITY Act Stalemate Raises Regulatory Uncertainty, Slows US Banks' Crypto PlansUS banks risk losing ground in financial innovation as the CLARITY Act remains stalled, former US Commodity Futures Trading Commission Chairman Chris Giancarlo said. The legislative impasse has increased regulatory uncertainty, leaving banks cautious about committing capital to crypto infrastructure while global competitors advance more quickly. General counsels are advising boards to be wary of potential legal risk in this environment, he added.2h faFormer CFTC Chair Giancarlo: Lack of US Crypto Rules Puts Banks Behind Payment InnovationFormer CFTC Chair Chris Giancarlo said US banks need clear cryptocurrency regulations more than crypto-native companies do. Without regulatory clarity, traditional financial institutions in the United States risk losing ground in payment innovation to players already operating in the digital asset space, he warned.5h faFormer CFTC Chair Giancarlo: U.S. Banks Need Crypto Regulatory Clarity to Stay CompetitiveFormer CFTC Chair Chris Giancarlo said U.S. banks urgently need clear cryptocurrency regulations to avoid falling behind other regions in payment innovation, Odaily Planet Daily reports. Speaking on The Wolf Of All Streets Podcast, he explained that bank boards are unlikely to commit billions of dollars amid regulatory uncertainty, even as digital asset markets continue developing. Giancarlo warned that delayed adoption could allow Asia and Europe to secure a leading role, leaving U.S. financial institutions at a disadvantage. If the CLARITY Act fails, he added, SEC Chair Paul Atkins and CFTC Chair Mike Selig are expected to provide interim regulatory guidance through independent rules.6h faUS Treasury Report: Some Digital Asset Mixer Users Seek Privacy on Public BlockchainsThe US Treasury stated in a new report on "Innovative Technologies to Counter Illicit Finance Involving Digital Assets" that not all mixer protocol users engage in illicit activity, Cointelegraph reports. The report notes lawful digital asset users may turn to mixers to maintain financial privacy when transacting on transparent public blockchains. Individuals can use these tools to keep sensitive details about personal wealth, business payments or charitable donations from being exposed on a public ledger, according to the report.8h faU.S. Court Dismisses Civil Lawsuit Accusing Binance of Aiding 64 Terror AttacksA U.S. court dismissed a civil lawsuit in which 535 plaintiffs alleged Binance and its former CEO were liable for 64 terror attacks, despite prior findings by U.S. authorities of serious anti-money-laundering and sanctions compliance failures at the exchange. Plaintiffs argued the platform should be held financially responsible for specific attacks because the Justice Department had said Binance's violations threatened the U.S. financial system and national security. The court ruled the 891-page complaint did not provide sufficiently strong, recent and concrete evidence that Binance knowingly and substantially assisted the particular incidents that injured the plaintiffs, though it acknowledged the exchange may have had weak compliance that allowed bad actors to exploit the platform.9h faUS Treasury Tells Congress Crypto Mixers Serve Legitimate Privacy Functions, Proposes "Hold Law" for Suspicious AssetsThe US Treasury told Congress that cryptocurrency mixers can serve legitimate privacy functions while raising concerns about potential misuse. The department recommended adopting a "hold law" that would allow authorities to temporarily detain suspicious crypto assets for further review.10h faUS Treasury Acknowledges Lawful Privacy Uses of Crypto Mixers on Public BlockchainsThe U.S. Department of the Treasury has acknowledged that crypto mixers can serve legitimate privacy-related purposes on public blockchains. The recognition highlights that such services may have compliant uses beyond their previously scrutinized roles.12h faUS Treasury Report Says Crypto Mixers Have Lawful Uses in Protecting Onchain Financial PrivacyThe US Treasury Department told Congress that digital asset mixers can be used lawfully to safeguard financial privacy on public blockchains, according to a new report. Individuals may rely on mixers to keep personal wealth, commercial transactions, and charitable donations from being openly visible onchain, and growing use of digital asset payments could drive greater dependence on such privacy tools to avoid exposing spending patterns, Treasury said. The report notes that custodial mixers operating as compliant money services businesses must register with FinCEN, maintain records, and file suspicious activity reports, and when they meet these obligations they can supply regulators and law enforcement with customer identities, transaction information, and behavioral data linked to illicit flows.
