Crypto Pills

CryptoQuant finds U.S.-listed Bitcoin exchange-traded funds now account for a major share of spot market activity, shifting liquidity and price discovery toward regulated vehicles. The expansion of ETF-driven trading underscores growing institutional participation and the integration of traditional market rails into crypto market structure.

U.S. banks process an estimated $312 billion in illicit funds between 2020 and 2024, even as public criticism continues to single out crypto’s role in money laundering. The contrast highlights enduring compliance gaps in traditional finance and the uneven scrutiny applied to digital assets despite their smaller footprint in the overall flow of dirty money.

The Commodity Futures Trading Commission signals that crypto firms that exited the United States can serve U.S. participants by operating as Foreign Boards of Trade under its framework. The pathway offers a compliance-based option to reconnect with American market access while remaining domiciled abroad and adhering to oversight requirements.

Solana Policy Institute commits $500,000 to support the legal defense of Tornado Cash developers in proceedings centered on open-source software and privacy-preserving transactions. The funding is directed at strengthening resources for legal advocacy and clarifying the boundaries of responsibility for code authors within evolving crypto enforcement efforts.

Changpeng “CZ” Zhao argues that public token treasuries and asset tokenization strengthen crypto by enhancing transparency, liquidity, and capital efficiency, while cautioning that governance failures, concentration, and regulatory uncertainty remain hazards. The perspective emphasizes balancing growth with robust safeguards to protect users and sustain market integrity.