‘Stablecoin summer’ as Coinbase, Circle surge on stablecoin bill
Coinbase and Circle stocks surged after US lawmakers advanced the GENIUS Act, signaling stablecoin regulation progress. The bill is seen as bullish for crypto, with Trump urging swift approval.
Crypto Crime News: DOJ Ties Kansas Bank Collapse to $225 Million ‘Pig Butchering’ Seizure
A Kansas banker embezzled $47 million, leading to his bank’s collapse, and lost funds to a $225M pig butchering scam. The DOJ seized laundered USDT tied to a Philippines call center, with OKX aiding the investigation.
Trump on GENIUS stablecoin bill: ‘Get it to my desk, ASAP’
President Trump urges the House to quickly pass the GENIUS stablecoin bill after Senate approval, aiming to solidify US leadership in digital assets and maintain dollar dominance.
Ripple and SEC Press Judge Torres to Approve Settlement Ending XRP Case – Legal Bitcoin News
Ripple and SEC jointly urge Judge Torres to approve their settlement, aiming to reduce penalties, preserve rulings, and resolve the XRP case, potentially reshaping its regulatory status.
Czech gov’t resists 4th overthrow attempt amid $45M Bitcoin scandal
Czech PM Petr Fiala’s government survived a no-confidence vote tied to a $45M Bitcoin scandal involving a convicted donor. Opposition parties failed to topple the administration amid growing crypto-related political controversies.
‘Pure GENIUS’: Trump Praises Senate-Backed Stablecoin Bill, Urges Swift House Approval – Crypto News Bitcoin News
President Trump praised the Senate-approved GENIUS Act, a stablecoin regulation bill, calling it ‘pure GENIUS’ and urging the House to pass it quickly for his signature.
Solana ETF hype builds: Is NOW the time to bet on SOL?
VanEck’s Solana ETF (VSOL) is listed on DTCC, signaling potential SEC approval. Despite 91% approval odds, SOL’s price shows bearish trends with weak demand and technical indicators.
Ohio House Approves Bill Exempting ‘Bitcoin Users’ From Minor Tax Burden – Decrypt
Ohio House passed the Blockchain Basics Act, offering a $200 tax exemption on crypto gains and protecting digital asset use, mining, and self-hosted wallets from government interference.
Bank of Korea Still Wary of Won Stablecoin Despite Circle Meeting
The Bank of Korea remains cautious about a won stablecoin despite meeting with Circle, USDC’s issuer. Discussions with regulators continue as South Korea explores stablecoin policies under new leadership.
DOJ Seizes Record $225M in Largest Crypto Scam, 400+ Victims
The DOJ seized $225M in USDT tied to a global ‘pig butchering’ crypto scam involving 400+ victims. Funds were laundered via OKX exchange, marking the largest crypto seizure in such fraud cases.
