Category: Law of the Chain
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Invesco Throws in Hat for Solana ETF, Approval Rate at 90% – Coinspeaker
Invesco and Galaxy filed for a Solana ETF (QSOL), joining eight other issuers. Analysts predict a 90% approval chance by July, potentially boosting SOL’s price past $150 resistance to $170.
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Building Trust With U.S. Regulators Is Essential For Advancing Crypto Adoption
The article discusses the growing crypto adoption in the U.S., highlighting institutional interest, state-level Bitcoin reserves, and regulatory advancements that foster trust and growth in the sector.
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Meta and OpenAI Use of Copyrighted Books for Training AI Was Fair Use: Federal Judge – Decrypt
A federal judge ruled Meta’s AI training on copyrighted books qualifies as fair use, dismissing claims by 13 authors who lacked sufficient evidence of market harm.
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Crypto ATM Giant Coinme Slapped With $300K Fine for Breaking California Limits—What’s Next?
Coinme fined $300K by California for violating digital asset laws, including exceeding transaction limits and failing to provide disclosures. The penalty highlights stricter crypto ATM regulations.
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Crypto ETF Race Heats Up, More Solana ETFs Planned as Snorter Bot Corners Market for Solana Memes
The article discusses the growing competition for Solana ETFs, highlighting pending SEC filings and the success of Bitcoin and Ethereum ETFs. It also covers Snorter Bot’s dominance in Solana meme coins and potential multi-asset ETF conversions.
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Why Fannie Mae’s Crypto Decision Is a Watershed Moment for Web3 – Brave New Coin
FHFA now allows Fannie Mae and Freddie Mac to accept cryptocurrency holdings for mortgage applications, marking a significant integration of digital assets into traditional finance systems.
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Hong Kong reveals new stablecoin rules and tokenized bond plans
Hong Kong introduces new stablecoin regulations and tokenized bond plans to boost its crypto and fintech hub status, focusing on legal clarity, ecosystem growth, and real-world applications.
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South Korea Seize $3.2M in Crypto Amid Foreign Exchange Case
South Korean authorities seized $3.2M in Ethereum during an illegal foreign exchange investigation involving $683M in transactions and unregistered money changers.
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Crypto Tax Crackdown Looms as IRS Warning Letters Surge – Taxes Bitcoin News
The IRS is sending more warning letters to crypto investors, signaling stricter tax enforcement ahead, especially with new 1099-DA regulations coming next year.
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Opinion: Mixing Crypto and Mortgages is a Recipe for Disaster
The article discusses the U.S. Federal Housing Finance Agency’s proposal to allow crypto investments as mortgage qualifications, highlighting risks due to Bitcoin’s volatility and potential economic impacts.
