Top Altcoins to Soar as SEC Approves Grayscale ETF with XRP Exposure
The SEC approved Grayscale’s Digital Large Cap Fund ETF, including XRP exposure, potentially boosting altcoins. The SEC aims to simplify ETF approvals, benefiting crypto markets and altcoins like Solana.
Big Beautiful Bill Passed Without Crypto Tax Exemption but Hope’s Not Lost
The US Senate passed the ‘One Big Beautiful Act’ without crypto tax reforms, despite lobbying. Senator Lummis’ proposal for small transaction exemptions failed. Snorter Bot offers low fees and fast trades on Solana.
Judge Greenlights Celsius’s $4B Showdown With Tether
A US judge allows Celsius Network’s $4B lawsuit against Tether to proceed, alleging improper Bitcoin liquidation and breach of agreement during Celsius’s collapse.
Malaysia Proposes Crypto Exchange Rules Overhaul – Details
Malaysia’s Securities Commission proposes reforms to its crypto exchange framework to enhance competitiveness and investor protection, seeking public feedback on easing asset listings and operator requirements.
Judge lets Celsius $4B Bitcoin lawsuit against Tether move forward
A US judge allows Celsius Network’s $4B lawsuit against Tether to proceed, alleging improper liquidation of Bitcoin collateral during Celsius’s collapse, breaching lending agreements and causing significant losses.
OFAC Sanctions Russian Hosting Provider for Enabling Crypto Theft – Decrypt
The U.S. sanctioned Russian hosting provider Aeza Group for enabling cybercrime, including ransomware and darknet markets. A linked crypto wallet held over $350,000 in illicit funds.
Arizona Governor Vetoes Crypto Seizure Reserve Bill, Citing Law Enforcement Concerns
Arizona Governor Katie Hobbs vetoed HB 2324, which aimed to create a state-controlled reserve fund for seized crypto assets, citing concerns over local law enforcement cooperation.
Arizona Governor Yet Again Rejects Bitcoin Reserve Using Seized Crypto – Decrypt
Arizona Governor Katie Hobbs vetoed a bill to create a Bitcoin reserve using seized crypto, citing concerns over volatility and law enforcement cooperation. This marks her third Bitcoin-related veto this year.
Arizona governor vetoes bill to stockpile seized crypto
Arizona Governor Katie Hobbs vetoed a bill to create a crypto reserve fund for seized assets, citing concerns over local enforcement cooperation. This marks her third crypto-related veto.
ECB Approves Two-Track Plan to Settle DLT Transactions
The ECB approved a two-track plan for DLT transactions, featuring short-term ‘Pontes’ connecting to TARGET services by 2026 and long-term ‘Appia’ for global solutions, enhancing financial settlement efficiency.
