Category: Law of the Chain
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Ripple Labs Mulls RLUSD Stablecoin Expansion to Europe – Coinspeaker
Ripple Labs plans to expand its USD-pegged stablecoin RLUSD into Europe under MiCA regulations, starting in Luxembourg. The firm seeks an EMI license and has applied for a US banking license to ensure compliance.
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Crypto-Funded Super PAC Fairshake Raises $140M Ahead of Midterm Elections
Crypto-backed super PAC Fairshake raises $140M for midterm elections, supporting pro-crypto lawmakers. Major donors include Coinbase and Ripple. The PAC spent $135M in 2024 to influence crypto-friendly legislation.
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Major Bills Advance as Crypto Week Begins, Rep. Waters Not in Favor
The US House advances four major crypto bills amid Republican-led ‘Crypto Week,’ while Democrats like Rep. Maxine Waters criticize them for enabling fraud and financial instability.
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US Banks Can Now Custody Bitcoin — Is Best Wallet the Smarter Self-Custody Alternative?
US banks can now custody Bitcoin, but self-custody wallets like Best Wallet Token offer more secure key management. Regulators emphasize key security and liability for lost assets.
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Ripple Vs. SEC: Former SEC Lawyer Reveals What Is Holding Back The Lawsuit | Bitcoinist.com
A former SEC lawyer explains procedural delays are holding up the Ripple vs. SEC lawsuit conclusion, with both parties needing to meet court requirements before dismissal can occur.
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Ethereum Price Eyes $4K as GENIUS Act Vote Sparks Bullish Surge
Ethereum price nears $3K as GENIUS Act vote could boost stablecoin demand. ETH ETFs see record inflows, with institutional interest growing. Technical analysis suggests potential breakout toward $4K.
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Abacus Market Likely Conducts Exit Scam Amid Darknet Instability, Reports TRM Labs – News Bytes Bitcoin News
TRM Labs reports Abacus Market likely exit scammed users, disappearing with funds after going offline. This follows Archetyp Market’s seizure, showing darknet instability.
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LA Sheriff’s Deputies Used Badges to Help Crypto ‘Godfather’ Extort Victims
Two LA Sheriff’s deputies admitted to aiding crypto entrepreneur Adam Iza in extorting victims through armed confrontations and fraudulent warrants, resulting in guilty pleas for conspiracy and false tax returns.
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Ripple Aims to Expand RLUSD Stablecoin to Europe – Crypto News Bitcoin News
Ripple has applied for a license in Luxembourg to expand its RLUSD stablecoin into Europe, aiming to operate across the EU if approved.
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South Korean court clears Wemade ex-CEO in Wemix manipulation case
South Korean court acquits ex-Wemade CEO Jang Hyun-guk of WEMIX token manipulation charges, citing lack of intent to deceive. WEMIX token value has dropped 97% since its peak amid ongoing controversies.
