Connecticut governor signs law blocking state from establishing Bitcoin, crypto reserves
Connecticut Governor Ned Lamont signed HB 7082 into law, prohibiting the state from purchasing, holding, or investing in Bitcoin and other cryptocurrencies, and banning crypto payments to state entities.
Grayscale’s GDLC Eyes July 2 Verdict on Cardano ETF Bid (
The SEC will rule on Grayscale’s GDLC ETF, which includes Cardano (ADA), on July 2. Analysts predict a 90% chance of approval by year-end, potentially boosting ADA’s price as whales accumulate.
South Korea halts CBDC plans, shifting focus to bank-led stablecoins
South Korea suspends its CBDC pilot, ‘Project Han River,’ due to high costs and lack of profitability, shifting focus to a bank-led stablecoin initiative supported by major financial institutions.
Feds Charge Man With $1.7M Scheme to Convert Fake Checks Into Bitcoin – Decrypt
FBI charges Tushal Rathod with wire fraud and money laundering for a $1.7M scheme involving fake checks and business email scams, converting $1.2M to Bitcoin.
Connecticut closes door on Bitcoin, mandates strict disclosure for crypto firms
Connecticut bans state crypto investments and payments, mandates strict risk disclosures for crypto firms to protect consumers, contrasting with states like Texas embracing Bitcoin reserves.
Will the SEC Approve Grayscale’s Five Crypto Spot ETF? Live Updates Before July 2 Deadline
Grayscale seeks SEC approval to convert its Digital Large Cap Fund into a spot ETF tracking five cryptocurrencies, with a decision deadline of July 2. Updates on the application are provided.
Good News for XRP, Litecoin and Solana: Analysts Raise ETF Approval Odds to 95%
Analysts predict a 95% chance of SEC approving spot ETFs for XRP, Litecoin, and Solana by October, with potential for other altcoin ETFs. A Solana staking ETF launches this week.
Malaysian regulator proposes easing crypto asset listing process
Malaysia’s Securities Commission proposes easing crypto listing rules, allowing exchanges to list certain assets without prior approval, while tightening governance and custody requirements for exchanges.
DOJ Dismantles DPRK-Linked Crypto Theft Scheme
The DOJ charged four North Koreans for impersonating IT workers to steal crypto, allegedly funding DPRK’s weapons program. They stole $900,000 by exploiting companies, including a Georgia-based blockchain firm.
Trump Threatens to Turn DOGE Against Former Chief Elon Musk – Decrypt
Trump threatens to use DOGE agency against Elon Musk, accusing him of excessive subsidies. Their partnership on federal efficiency turns sour amid crypto and debt policy tensions.
