OFAC Cyber Sanctions: The U.S. Treasury sanctioned a VPN provider (1VPNS) and its administrator, plus a “cryptor” seller, targeting services tied to ransomware attacks against Americans. Retail Crypto Fraud: The FBI says U.S. crypto scams topped $11B, with bitcoin ATMs increasingly used as the final step to move victims’ money. US Crypto Law Push: Trump urged the Senate to pass the CLARITY Act “in honor of” Lindsey Graham, framing it as a race against China for control of crypto and AI. Senate Ethics Fight: Democrats say CLARITY won’t move without ethics rules to stop conflicts tied to Trump-linked crypto interests. Stablecoin Regulation (Israel): Israel released a draft law that would license stablecoin issuers, require 1:1 backing, and set redemption rights. Europe Market Hard Cut: Ripple’s Luxembourg CASP approval highlights the post–July 1 MiCAR reality: firms that missed authorization must stop serving EEA customers. Kraken Card Expansion: Kraken began rolling out its crypto debit card to the UK and EEA with up to 2% cashback in BTC/fiat. Sanctions Evasion Report: Chainalysis estimates Russia, Iran and North Korea moved about $104B in crypto in 2025 to bypass restrictions. Bolivia USDT Talks: Bolivia is evaluating allowing Tether’s USDT in payments as it faces a dollar shortage. Digital Euro Update: EU lawmakers begin final talks on the digital euro, aiming for a final law by year-end and a possible 2029 launch after pilots. Crypto Courts: A study of arbitration cases found customers win only about 8% of the time, with most disputes concentrated at Coinbase.