Category: Law of the Chain
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Pakistan & El Salvador Strengthen Ties in Crypto Alliance
Pakistan and El Salvador strengthen diplomatic ties through cryptocurrency cooperation, focusing on digital asset infrastructure, regulatory oversight, and Bitcoin mining initiatives.
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Former Pump.fun Employee Sits in Prison as Solana Launchpad Breaks $770M in Revenue – Decrypt
Former Pump.fun developer Jarett Dunn is jailed in London for bail violation after draining $2M from the Solana meme coin platform, which has since grown to $770M in revenue.
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BlackRock, Nasdaq seek SEC approval to add staking to BlackRock’s spot Ether ETF
BlackRock and Nasdaq seek SEC approval to add staking to BlackRock’s spot Ether ETF, joining other fund managers like Fidelity and Grayscale in pursuing Ethereum staking capabilities.
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Russia’s Sberbank Plans To Launch Bitcoin And Crypto Custody Services
Russia’s Sberbank plans to offer crypto custody services, aligning with softened central bank policies. The bank aims to regulate crypto like traditional accounts, ensuring security and compliance.
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Crypto Week Day 4: US lawmakers remain divided on key bills
US lawmakers remain divided on key crypto bills during Crypto Week, with debates on consumer protections, anti-money laundering, and conflicts of interest stalling progress on legislation.
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US ‘Crypto Week’ Becomes Crypto Chaos as Lawmakers Battle Over CBDC
House Republicans advanced three crypto bills after a historic 9-hour vote, with a CBDC ban added to a defense bill. The bills include stablecoin regulations and market structure reforms.
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Russia’s $85 Billion Sberbank to Launch Crypto Custody Services
Russia’s Sberbank, valued at $85 billion, plans to launch cryptocurrency custody services, aligning with Russia’s growing crypto market and regulatory shifts.
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Canary Files for Staked Injective ETF as Interest in Altcoin Funds Grows – Decrypt
Canary Capital filed with the SEC for a staked Injective ETF, aiming to offer investors exposure to INJ tokens and staking rewards, reflecting growing demand for altcoin investment products.
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Just In: Canary Capital Files For First Injective ETF, INJ Price Up
Canary Capital files for the first staked Injective ETF with the SEC, causing INJ’s price to rise 5%. The ETF aims to bridge traditional and on-chain finance for investors.
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France Submits Bill To Test Bitcoin Mining With Excess Power
French lawmakers propose a 5-year Bitcoin mining trial using excess nuclear and renewable energy to address overproduction, boost revenue, and improve grid stability.