#WTCRegulatory Landscape:

US Regulation: Beyond the GENIUS Act, the IRS has extended transitional relief for brokers reporting digital asset transactions on Form 1099-DA through 2026. Senate Republicans have also proposed a framework for a broader crypto market structure bill.

State-Level Regulations (US):

Arizona has enacted laws requiring cryptocurrency kiosk operators to disclose terms and conditions and implement fraud prevention measures. It also established a Bitcoin and Digital Assets Reserve Fund.

Iowa's new law (effective July 1, 2025) sets requirements for crypto kiosk operators regarding transaction limits, charges, disclosures, and customer service.

Connecticut has prohibited state and local governments from investing in virtual currency.

California's Department of Financial Protection and Innovation (DFPI) is facing funding challenges for its new Digital Financial Assets Law (DFAL), which has been postponed to July 1, 2026.

4. Noteworthy News:

An address linked to the Cork Protocol exploiter transferred 1,410 Ethereum ($3.4 million) to Tornado Cash.

MicroStrategy's inclusion in the S&P 500 depends on Bitcoin staying above $95,240 by June 30.

Bitfinex Securities launched new tokenized RWA products in the U.K.

Binance will delist three spot trading pairs (KAITO/BNB, KAITO/BRL, and ZIL/BTC) due to low liquidity.

Amazing AI plc, a UK fintech firm, plans to adopt a Bitcoin financial strategy starting July 2025.

Green Minerals completed its first Bitcoin purchase as part of a larger investment strategy.