Texas makes gold, silver legal tender following governor’s approval
Texas has passed a law recognizing gold and silver as legal tender, effective May 2027. Residents can use them for transactions based on state-determined values, though acceptance remains optional.
Singapore to ‘Thread the Needle’ as Crypto Licensing Rules Take Effect – Decrypt
Singapore now requires all crypto firms to hold licenses, including those serving foreign clients, with strict compliance rules and penalties for non-adherence, prompting some firms to relocate.
US Supreme Court Raises Privacy Concerns In Ruling Against Coinbase Users
The US Supreme Court ruled in favor of the IRS, allowing Coinbase to share user data with the tax agency. The decision upholds a 1976 ruling that denies privacy rights for financial records held by third parties like crypto exchanges.
SEC to rule on Grayscale’s proposal to convert Bitcoin, Ether, XRP, and ADA large-cap fund into a spot ETF
The SEC must decide by July 2 on Grayscale’s proposal to convert its Digital Large Cap Fund into a spot ETF tracking BTC, ETH, XRP, SOL, and ADA, with analysts predicting approval.
Kazakhstan To Launch National Crypto Reserve Using Seized Assets
Kazakhstan plans to create a national crypto reserve using seized assets and mining operations, following international trends. The central bank will oversee the reserve, focusing on Bitcoin and other cryptocurrencies.
Europol Busts $539M Crypto Investment Scam Ring Spanning Spain, US, and EU
Europol assisted Spanish authorities in arresting five individuals involved in a $539M cryptocurrency investment scam. The operation spanned Spain, the US, and EU, targeting fraudulent crypto promotions.
Kazakhstan Plans To Establish Bitcoin And Crypto Reserve
Kazakhstan’s National Bank plans to create a state Bitcoin and crypto reserve, diversifying financial holdings amid growing global institutional crypto adoption.
Spanish Police Bust Suspected Crypto Fraud Operation That Allegedly Stole $540M From 5K Victims
Spanish police arrested five individuals in a crypto fraud operation accused of laundering $540M from 5,000 victims, with Europol’s support.
Expert Predicts XRP, Solana & Cardano Multi-Asset ETF Approval This Week News ETHNews
The SEC may approve Grayscale’s GDLC conversion to a spot ETF this week, offering U.S. investors regulated access to XRP, Solana, and Cardano alongside Bitcoin and Ethereum.
Kazakhstan plans to establish national crypto reserve using seized and state-mined assets
Kazakhstan’s National Bank is developing a framework for a state crypto reserve using seized and mined assets, managed centrally to mitigate volatility and security risks.
