XRP News Today: XRP ETF Goes Live in Canada as U.S. Trails Behind in Regulatory Race – Brave New Coin
Canada launches North America’s first spot XRP ETF, while the U.S. lags due to regulatory delays tied to Ripple’s SEC lawsuit. The Purpose XRP ETF offers investors secure exposure to XRP.
ZachXBT Flags $5-10B Black Market on Tron Linked to Lazarus Group Hacks
On-chain investigator ZachXBT reveals a $5-10B black market on Tron linked to Lazarus Group hacks, with stolen funds laundered via illicit networks and OTC brokers, highlighting crypto’s crime supercycle.
No Rate Cut, No Filter: Trump Slams Fed Chair With Nicknames and Jabs – Bitcoin News
President Trump criticized Fed Chair Jerome Powell ahead of the Federal Reserve’s rate decision, using nicknames to push for lower rates, while Bitcoin news covered the event.
North Korea’s hackers could have laundered as much as $1.5 billion in stolen crypto
North Korean hackers stole $2 billion from crypto exchanges, laundering over $1.5 billion via Chinese networks, decentralized exchanges, and OTC brokers despite some frozen assets and fees.
‘Global Response’ to Crypto Regulation Needed as US Advances GENIUS Act: FCA – Decrypt
UK FCA official Jane Moore emphasizes the need for global crypto regulation to prevent arbitrage, as the US advances the GENIUS Act. Lord Chris Holmes advocates for balanced regulation to foster innovation and protect consumers.
Bitcoin Reserve Bill Enters Ukrainian Parliament
Ukraine’s parliament introduced a bill to allow Bitcoin in national reserves, giving the central bank discretion on acquisition and management without mandating its use.
Washington City Bans Bitcoin ATMs Amid Surge in Crypto Scams – Decrypt
Spokane, Washington bans all crypto ATMs and kiosks to combat rising scams, requiring removal within 60 days. The city cites $141 million in losses and vulnerable residents as key reasons for the ban.
As Stablecoin Bill Passes, Trump’s Crypto Promise Takes Shape
The US Senate passed the GENIUS Act, a stablecoin legislation fulfilling Trump’s crypto campaign promise. WisdomTree’s Maredith Hannon believes it will drive innovation in crypto and financial services.
Russian Authorities Bust Massive $700K-a-Year Illegal Crypto Mining Farm Hidden as Industrial Plant
Russian authorities uncovered an illegal crypto mining farm in Nazarovo, generating $58K monthly. The operation, disguised as an industrial plant, bypassed permits and illegally tapped the local power grid.
Ohio passes blockchain bill allowing $200 tax-free Bitcoin payments
Ohio’s House passed the Blockchain Basics Act, allowing tax-free Bitcoin payments under $200 and defining blockchain rights. The bill supports decentralized crypto use and mining, with bipartisan backing.
