What’s Moving In Crypto Today? July 2025

[Forum Admin]

‘Crypto Week’ Heads to Capitol Hill
Republican House leaders have penciled in the week of July 14 for a “Crypto Week”, aiming to advance three high-profile bills covering stablecoins, market structure, and a ban on a retail CBDC. The coordinated push would provide the industry with a clearer rulebook and could reach the floor for votes before Congress’s August recess.

SEC Chair Ends ‘Regulation by Enforcement’
New SEC Chair Paul Atkins has called tokenization “an innovation”. In a recent media interview, he stated that the agency’s focus is now on providing transparent guidance rather than pursuing litigation. Early steps include fresh disclosure rules for digital-asset issuers and approval of a staking ETF, signaling a friendlier climate for compliant projects.

Ripple Bank Charter Application Pushes Futures OI +30%
Ripple Labs confirmed it has applied for a national bank charter with the OCC, an unprecedented move for a crypto firm. The news coincided with a 30% jump in XRP futures open interest this week, underscoring rising institutional demand tied to clearer licensing and custody pathways. Approval from the OCC would pave the way for Ripple to offer insured fiat rails and deepen XRP liquidity.

Global Crypto Developments

• Belgian KBC Bank plans to add Bitcoin and Ether buy buttons for retail clients once regulators approve, providing euro users with a direct bank-on-ramp to crypto.
  
• The Deutsche Bank-backed EURAU euro stablecoin has just received BaFin approval; a regulated euro token could make on-chain payments steadier and cheaper.
  
• The ECB greenlit a 2026 pilot that lets token platforms settle in central-bank money, a key step toward large-scale tokenized bonds in the future.