NYC Mayor Doubles Down on Crypto With Call to Kill Bitlicense – Regulation Bitcoin News
NYC mayor aims to eliminate Bitlicense, positioning New York as the global crypto hub by reducing regulatory barriers and integrating blockchain technology citywide.
Across Protocol Team Accused of a $23M Grab; Co-Founder Responds
Across Protocol faces allegations of using undisclosed wallets to manipulate DAO votes, transferring $23M to Risk Labs. Co-founder Hart Lambur denies claims, stating processes were transparent and legal.
White House Insider Reveals Crypto Bill Timeline: ‘July Will Be a Big Month’ – Regulation Bitcoin News
The White House confirms a timeline for U.S. crypto regulation, with major reforms expected by July. The SEC and CFTC will define boundaries for digital assets and stablecoins.
Owning Bitcoin Will Be The New American Dream, CZ Says
Former Binance CEO CZ predicts Bitcoin ownership will replace home ownership as the new American Dream, citing FHFA’s consideration of crypto in mortgage assessments.
XRP Down 3% After SEC Settlement Stalls, But Social Media Turns Bullish
A federal judge rejected Ripple and the SEC’s $50M settlement, keeping the original $125M fine. XRP price dropped 3%, but social media sentiment turned bullish despite the setback.
$1 Billion Filing by Bakkt Hints at Bitcoin Treasury Ambitions
Bakkt filed a $1 billion SEC shelf registration for potential Bitcoin purchases, aligning with its updated treasury strategy. The move provides funding flexibility amid operational challenges and crypto sector growth.
Ripple to Drop Cross-Appeal Against SEC, Ending Years-Long Legal Battle With SEC
Ripple Labs will drop its cross-appeal against the SEC, ending their legal battle. The SEC is expected to do the same. Ripple accepts a $125M penalty and maintains an injunction.
Crypto payments soar 630% in Bolivia, central bank reports $430M since lifting ban
Bolivia’s central bank reports $430M in crypto transactions since lifting the ban, a 630% increase. Regulations now allow banks to route orders to exchanges, with Binance leading in volume.
BREAKING: Ripple CEO Announces Decision To Withdraw Cross Appeal In SEC Lawsuit | Bitcoinist.com
Ripple CEO Brad Garlinghouse announces withdrawal of cross appeal in SEC lawsuit, aiming to resolve the legal battle over XRP’s classification and focus on future growth.
Trump Blames Biden for Banks Blocking Crypto: ‘There Is a Lot of Debanking’ – Decrypt
President Trump criticizes debanking of crypto companies and conservatives, blaming Biden’s administration and regulators. He suggests potential executive action to prevent such practices.
