Category: Law of the Chain
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US prosecutors expect to close case against Roman Storm by July 25
US prosecutors aim to conclude their case against Tornado Cash co-founder Roman Storm by July 25. Storm faces charges of money laundering and sanctions violations related to the crypto mixing service.
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White House: Trump Supports $600 Crypto Tax Exemption – Bitcoin News
The White House confirmed President Trump’s opposition to a CBDC and support for a $600 crypto tax exemption, aiming to position the U.S. as a crypto capital.
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Trump to issue EO opening $9T retirement market to crypto investments
Trump plans an executive order allowing crypto, gold, and private equity in 401(k) plans, reversing Biden-era restrictions and supported by recent crypto bills.
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U.S. House Passes Clarity, GENIUS, and Anti-CBDC Acts With Historic Bipartisan Support for Crypto – “The Defiant”
The U.S. House passed three crypto bills: GENIUS Act for stablecoins, Clarity Act for digital asset regulation, and Anti-CBDC Act banning federal CBDCs, with notable bipartisan support.
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Ripple’s Banking License Update: Major Moves From Regulators Fan Flames Of Support | Bitcoinist.com
Ripple’s pursuit of a U.S. banking license aligns with new crypto custody guidance from regulators, potentially benefiting XRP’s role in institutional banking and payment services.
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Nasdaq files application to add staking for BlackRock iShares ETH ETF
Nasdaq filed with the SEC to add staking to BlackRock’s iShares ETH ETF, allowing investors to earn rewards. ETH staking hits record highs as institutional demand grows, with $726M in recent ETF inflows.
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Tether Surpasses $160B Market Cap as GENIUS Act Concerns Loom – Coinspeaker
Tether’s USDT stablecoin surpasses $160B market cap amid regulatory concerns over the GENIUS Act, which mandates third-party audits for stablecoins in the US.
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Asia-Pacific Record Bitcoin Thefts and Deadly Wrench Attacks
Violent ‘wrench attacks’ targeting crypto holders are surging in Asia-Pacific, with 35 incidents in 2025 already surpassing previous years. Bitcoin’s price rise correlates with increased kidnappings and thefts.
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BlackRock Files With SEC to Include Staking in Ethereum ETF – Decrypt
BlackRock seeks SEC approval to include staking in its Ethereum ETF, joining other issuers like Fidelity and Grayscale. Ethereum ETFs have attracted $2.3 billion in investments recently.
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Rep. Maxine Waters Doubles Down On Crypto Criticism
Rep. Maxine Waters criticizes crypto legislation, calling the CLARITY Act harmful to investors and national security, while questioning Trump’s crypto ties amid House debates on key bills.