⚖️ The Legal Layer is back. 🚀 ETH staking ETFs. 📜 Crypto laws on the floor. 🔥 Eurozone AML heat. This week’s regulatory shifts are setting the tone for Q3. Let’s break it down 🧵👇

’s take: An ETH ETF that passes staking rewards to holders could bring staking to mainstream wealth platforms. Expect others to follow. 💭 Is staking positioned to be the next standard for passive returns?

’s take: The U.S. is inches from federal stablecoin law. That’s clarity for builders, treasuries, and staking-linked tokens. 💭 Which product line are you ready to launch on Day 1?

🇬🇧 UK capital markets are getting a crypto-ready upgrade The FCA plans to loosen listing rules, raise thresholds, and expand its Digital Securities Sandbox. 🔗

’s take: Friendlier IPO rules + tokenisation pilots = London’s play for Web3 equity flows. 💭 Is your protocol ready for a UK capital-markets pilot?

🇪🇺 Europe gets serious on crypto AML The new EU Anti-Money Laundering Authority named crypto its #1 risk. 🔗

’s take: AML compliance is now the price of admission. Providers who nail compliance early will lead. 💭 Is your KYC stack ready for MiCA’s next phase?

🇸🇦 Saudi tests oil-backed digital riyal SAMA is piloting cross-border Aramco invoice settlement on BIS Project mBridge — with digital CNY and AED in the mix. 🔗

’s take: Tokenised oil sales = FX, settlement, and staking rails all changing at once. 💭 Could digital energy money reshape global stablecoin flows?

’s take: More retail flow = more delegation potential. Singapore’s getting crowded — can your infra stand out? 💭 Who will win the SEA platform war?