CFTC: Crypto Won’t Get Easy Pass Despite Trump’s Pro-Crypto Policies – Coinspeaker
CFTC Chair Caroline Pham warns crypto industry won’t get lenient treatment despite Trump’s pro-crypto policies, emphasizing fraud prevention and opposing Biden’s regulatory overreach during Coinbase Summit.
Amazon, Walmart Mull Stablecoin Launch to Save Billions in Fees: Report
Amazon and Walmart are considering launching USD-backed stablecoins to reduce transaction fees, following similar moves by tech giants like Apple and Google, as stablecoin regulations advance in the US.
Obama Campaign Strategist David Plouffe Joins Coinbase Advisory Council – Decrypt
David Plouffe, Obama’s 2008 campaign strategist, joins Coinbase’s Global Advisory Council, strengthening its bipartisan approach amid crypto legislation. He highlights crypto holders as key swing voters.
SEC pulls back from crypto rules proposed under Gary Gensler administration
The SEC has withdrawn 14 proposed rules, including key crypto measures from the Gensler era, signaling a regulatory shift. Rescinded rules targeted DeFi platforms and crypto custody practices, easing industry concerns.
XRP Lawyer Expects Judge to Approve Joint Motion With SEC
XRP lawyer Bill Morgan anticipates Judge Torres approving a joint SEC-Ripple motion for a $125M settlement, despite criticisms from attorney Fred Rispoli about its strategic weaknesses.
Major Update in Ripple vs. SEC Lawsuit: Is Official Resolution Closer?
Ripple and the SEC have jointly requested to dissolve an injunction and release $125 million in escrow, signaling progress toward settling their long-running legal dispute over XRP securities violations.
SEC axes Biden-era proposed crypto rules in flurry of repeals
The SEC has withdrawn several proposed crypto rules from the Biden era, including those on custody and exchange definitions, signaling a regulatory shift under new leadership.
Stablecoins can grow 8X, cross $2T by 2028: U.S. Treasury Sec. Scott Bessent
U.S. Treasury Secretary Scott Bessent predicts stablecoins could exceed $2T by 2028, driven by clear legislation and demand for T-bills. The GENIUS Act may provide a regulatory framework, boosting growth.
Cynthia Lummis Proposes RISE Act, an AI Bill Requiring Transparency for Legal Immunity
Senator Cynthia Lummis proposes the RISE Act, requiring AI developers to provide transparency via model cards for legal immunity, while professionals remain liable for AI-informed advice.
Hacker Strikes Mortgage Firm, Steals Personal Info From 30,453 People, Including Security Numbers, Names and Account Details – The Daily Hodl
A hacker breached McLean Mortgage Corporation, stealing personal data of 30,453 people, including Social Security numbers and financial details. The firm is offering credit monitoring and notified authorities.
