Category: Law of the Chain

IMF reports El Salvador hasn’t bought Bitcoin since signing a $1.4B loan deal in 2024, despite claims from its Bitcoin Office. The country agreed to reduce public sector involvement in BTC under the IMF agreement.

Google Gemini helps traders analyze crypto news by summarizing complex legislation, gauging investor sentiment on X, and identifying beneficiaries and risks to create structured Bitcoin trade ideas.

Bitcoin surpassed Amazon’s market cap to become the 5th largest global asset amid regulatory progress during Crypto Week, with three key bills passed to shape Web3 industry standards.

KYC laws increase privacy risks by mandating centralized data collection, creating hacker targets. Zero-knowledge proofs offer a secure alternative, enabling compliance without exposing sensitive personal information.

Crypto executives will attend the signing of the GENIUS Act, a stablecoin bill, after its passage in the US House. The event follows delays and includes industry leaders supporting Trump’s policies.

The GENIUS Act passed Congress, boosting crypto regulation as meme coins hit $82B market cap. Snorter Bot Token’s ICO surpassed $2M, targeting meme coin opportunities. Bitcoin dominance slips as altcoins gain traction.

Former SEC official Marc Fagel confirms Ripple paid a $125M fine in cash, not XRP. The SEC is expected to drop its appeal soon, potentially ending the long-standing XRP lawsuit.

Former rugby player Shane Donovan Moore sentenced to 30 months for a $900K crypto Ponzi scheme, defrauding 40+ investors by falsely promising returns from a fake mining operation.

SEC Chair Paul Atkins supports crypto in 401(k) plans but stresses the need for investor education on risks. Regulatory changes and new retirement products may expand crypto access.

Labour MP Pat McFadden proposes banning crypto political donations in the UK, citing concerns over illicit funding. Reform UK, which accepts crypto donations, calls it a political attack. Crypto advocates argue KYC checks ensure transparency.