Category: Law of the Chain
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SEC delays in-kind redemption decision for Bitwise crypto ETFs
The SEC extended its deadline to decide on in-kind redemptions for Bitwise’s Bitcoin and Ether spot ETFs, citing the need for more time to evaluate the proposal and its implications.
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Crypto Week In Jeopardy: Legislative Hurdles Threaten Progress On Regulation Bills | Bitcoinist.com
Three key crypto bills face delays as House Republicans oppose last-minute changes, creating uncertainty for ‘Crypto Week’ progress. GOP divisions and Trump’s influence are questioned amid stalled negotiations.
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Asia Emerges as Major Hotspot for Violent Crypto Crime: Chainalysis – Decrypt
Asia faces rising violent crypto crimes, including wrench attacks and state-backed hacks, with North Korea’s $1.5B ByBit theft and a $3.5M Philippines ransom case highlighting the trend.
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Tether Mints Fresh $3B USDT as Genius Act Paves Way for RLUSD
Tether minted $3 billion in USDT amid the GENIUS Act’s regulatory push, which may challenge its reserve practices. Ripple’s RLUSD, compliant with new rules, could gain market share if the bill passes.
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US Marshalls ‘forfeited’ Bitcoin stash may be $20B smaller than estimated, raising eyebrows about reserve
The US Marshals Service holds only 29,000 Bitcoin, far less than the 200,000 BTC estimated by analysts. This discrepancy raises questions about potential undisclosed sales or transfers to other agencies.
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How a new U.S. bill could let you use Bitcoin for home loans
A new U.S. bill proposes including Bitcoin in mortgage evaluations, allowing crypto assets to qualify for loans without conversion. It also benefits veterans and reflects global crypto adoption trends.
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Australian Regulator Flags Crypto as Top Threat in Financial Crime Crackdown – Decrypt
Australian regulators target crypto and cash-heavy businesses as top money laundering threats, expanding anti-money laundering laws to 80,000 new businesses by 2026.
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WazirX Users Could Finally Get Crypto Back As Court U-Turns
Singapore High Court reverses its ruling, allowing WazirX to revote on restructuring. Users may recover crypto after a $234M hack. CEO Nischal Shetty confirms Zanmai Labs will handle fund distribution.
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Thailand Makes It Easier to Travel with Crypto with New Sandbox – Coinspeaker
Thailand launches a national crypto sandbox allowing tourists to convert crypto to baht, expanding tourism-focused crypto adoption with tax exemptions and regulatory support.
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Crypto Crackdown: EU Sanctions Entities For Disinformation
The EU has sanctioned individuals and entities using crypto to evade sanctions and spread pro-Russia disinformation, including an Australian influencer linked to election interference.
