Category: Law of the Chain
-
Ripple applies for U.S. bank license – Next big step in crypto’s Wall Street takeover?
Ripple applies for a U.S. bank license to comply with the GENIUS Act, aiming to strengthen its stablecoin offerings. XRP’s market sentiment turns bullish as the altcoin surges to $2.3.
-
US House Announces July ‘Crypto Week’ – News Bytes Bitcoin News
The US House announced ‘Crypto Week’ starting July 14, featuring extensive discussions on cryptocurrency legislation and policies, as revealed by Republican French Hill.
-
US House Leadership Names Week of July 14 ‘Crypto Week’ – Coinspeaker
US House designates July 14-20 as ‘Crypto Week’ to advance Trump’s digital asset agenda, focusing on stablecoin regulation, market clarity, and banning Fed-issued CBDCs through key legislative bills.
-
Yuan vs. U.S Dollar – The race to dominate the $2 trillion stablecoin market
China’s tech giants JD.com and Ant Group are pushing for Yuan-backed stablecoins to challenge USD dominance in the $2 trillion stablecoin market, despite tight capital controls and declining Yuan usage.
-
US House to Consider CLARITY, GENIUS Acts During ‘Crypto Week’
The US House will consider key crypto bills during ‘Crypto Week,’ including the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act, aiming to establish regulatory clarity and US leadership in digital assets.
-
$20M crypto scam victim who sued Citibank says 2 more banks liable
A crypto scam victim who sued Citibank has filed another lawsuit against East West Bank and Cathay Bank, alleging they ignored red flags in $20M fraudulent transfers linked to a romance scam.
-
Breaking: FTX Victims At Risk Of Losing Claims In China and Other Restricted Jurisdictions
Chinese FTX users, comprising 82% of claims, risk losing funds due to China’s crypto ban. FTX seeks court approval for a new claims process in 49 restricted jurisdictions, potentially denying payouts if local laws prohibit them.
-
US Republicans declare ‘Crypto Week’ to mull 3 crypto bills
US Republicans announce ‘Crypto Week’ in mid-July to review three key crypto bills: the CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act, advancing Trump’s crypto agenda.
-
Debt Bomb Passes: Trump’s ‘Beautiful Bill’ Edges House Despite GOP Rebels – Economics Bitcoin News
The U.S. House passed Trump’s ‘Big Beautiful Bill’ with a 218-214 vote, overcoming GOP opposition, and set for a July 4 signing.
-
NYAG Letitia James Urges Fed Oversight, FDIC Protections in Stablecoin Legislation – Regulation Bitcoin News
NY AG Letitia James warns that weak stablecoin bills lack critical safeguards, risking US financial stability and urging Fed oversight and FDIC protections in legislation.
