Category: Law of the Chain
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Ripple, Circle Face Resistance From U.S. Banking Associations Over Banking License
U.S. banking associations oppose granting national banking licenses to crypto firms like Ripple and Circle, citing insufficient transparency and unmet fiduciary criteria for trust banks.
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Ex-Pump.fun Dev Behind $2M Theft Jailed for Bail Breach
Former Pump.fun developer Jarett Dunn jailed for bail breach after stealing $2M. He exploited private keys, airdropped stolen SOL tokens, and now faces seven years in prison.
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Donald Trump signs stablecoin bill into law
President Trump signed the GENIUS Act into law, establishing stablecoin regulations and supporting crypto innovation. The bill aims to modernize payments and strengthen US dollar dominance globally.
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Trump signs GENIUS Act into law, establishing federal framework for stablecoins
President Trump signed the GENIUS Act, creating a federal regulatory framework for stablecoins. Issuers must maintain full reserves, undergo audits, and comply with AML rules.
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Trump Signs GENIUS Act Into Law, Ushering In Crypto’s Integration With US Economy – Decrypt
President Trump signed the GENIUS Act, enabling stablecoin issuance and trading in the U.S., marking a major step in crypto integration with traditional finance and the economy.
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Breaking: GENIUS Act Becomes First Major Crypto Legislation as Trump Signs Bill
President Trump signed the GENIUS Act into law, marking the first major U.S. crypto legislation. It provides regulatory clarity for stablecoin issuers like Tether and Ripple, requiring 100% reserves.
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Senate to consider Trump’s CFTC pick as crypto oversight hangs in the balance
The Senate considers Trump’s CFTC nominee Brian Quintenz as the CLARITY Act could shift crypto oversight from SEC to CFTC, potentially reshaping US crypto regulation.
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The Banks Are Up Against the Digital Asset Industry in a DC Policy Battle, and Crypto’s Been ‘Winning,’ Says Custodia Bank CEO – The Daily Hodl
Custodia Bank CEO Caitlin Long discusses the ongoing policy battle between traditional banks and the crypto industry in DC, noting crypto’s recent legislative wins and the US fiscal challenges driving demand.
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U.S. House of Representatives Sends GENIUS Act to Trump To Sign Into Law, Passes Two Other Bills To Conclude Crypto Week – The Daily Hodl
The U.S. House passed the GENIUS Act, CLARITY Act, and Anti-CBDC Act, marking significant progress in crypto regulation. GENIUS focuses on stablecoin oversight, while CLARITY clarifies digital asset rules. Anti-CBDC opposes Fed-issued digital currencies.
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JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins
JPMorgan’s research shows global regulators prefer tokenized bank deposits over stablecoins, favoring stability and integration with traditional banking systems. The trend reflects cautious adoption of blockchain technology.
