Category: Law of the Chain
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JPMorgan to Start Lending Directly Against Crypto: Report
JPMorgan Chase plans to start lending against Bitcoin and Ethereum holdings next year, marking a major shift for the traditionally crypto-skeptical bank under CEO Jamie Dimon.
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Coinbase Follows Kraken’s Lead, Opens Perpetuals Trading for US Customers – Decrypt
Coinbase launches CFTC-regulated perpetual futures for U.S. traders, offering 10x leverage. This follows Kraken’s similar move and the GENIUS Act signing, addressing a gap in U.S. crypto markets.
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Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto? – Decrypt
Legal barriers prevent Trump from firing Fed Chair Powell over policy disputes, but political pressure could influence rate cuts, potentially impacting crypto markets with short-term gains and long-term risks.
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In letter to SEC, Citadel Securities calls for formal rule-making on tokenization – CoinJournal
Citadel Securities urges the SEC to adopt a formal rule-making process for tokenized securities, warning against hasty approvals that could confuse investors and disrupt markets.
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US Government Puts Stamp of Approval on Key Digital Asset in Historic First Move – Regulation Bitcoin News
The SEC Chair confirms the first U.S. government approval of a key digital asset, marking a historic shift toward blockchain adoption in mainstream finance.
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‘Banksters Are Out To Kill Crypto’: Winklevoss Slams JPMorgan
Gemini co-founder Tyler Winklevoss accuses JPMorgan of trying to kill crypto and fintech by charging fees for banking data access, sparking debate over financial data rights and innovation.
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Roman Storm could go for mistrial over scam victim’s testimony: Report
Tornado Cash co-founder Roman Storm’s lawyers may seek a mistrial over a government witness whose testimony they dispute. The witness claimed her scam-linked funds passed through Tornado Cash, but defense challenges this.
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Cynthia Lummis Calls for Powell to Resign – News Bitcoin News
Senator Cynthia Lummis demands Fed Chair Jerome Powell’s resignation over Operation Choke Point 2.0, criticizing the Federal Reserve’s actions under his leadership.
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Polymarket Returns to US Market with $112 Million Exchange Acquisition – Brave New Coin
Polymarket acquires QCEX for $112 million to re-enter the US market with CFTC approval, enabling legal prediction markets for American users after a 2022 regulatory fine.
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Report: Presidential Working Group’s Crypto Report Release Imminent – Crypto News Bitcoin News
The White House is set to release a major crypto policy report, marking the Trump administration’s first comprehensive digital assets blueprint, according to sources.