Crypto Week Ahead: DC Hearings, ECB Hold, OCC Deadline

A House Financial Services subcommittee holds a hearing Wednesday on oversight of the Financial Crimes Enforcement Network. The Office of the Comptroller of the Currency closes its comment period July 24 on proposed rules extending anti-money-laundering and sanctions standards to stablecoin issuers under the GENIUS Act.

The Commodity Futures Trading Commission’s window for feedback on 24/7 trading and perpetual-style bitcoin futures closes July 27, three months after the regulator cleared the first regulated bitcoin perpetual on Kalshi. The GENIUS Act turned one this month; the rules built on it are still being written.

The European Central Bank meets Thursday. Markets expect a hold.

CEX trading volumes rose for the first time in five months in June. Spot climbed 15.3% to $1.11 trillion. RWA perpetual volumes hit a record $311 billion.