JPMorgan Exploring Loans Backed by Bitcoin, Ethereum: FT – Decrypt

JPMorgan is exploring crypto-backed loans using Bitcoin and Ethereum as collateral, signaling a shift in traditional finance’s approach to digital assets despite regulatory hurdles like Basel III rules.
Republicans propose 7% leaner SEC budget compared to Biden’s era

House Republicans propose a 7% SEC budget cut for 2026, aiming to reduce spending and reverse Biden-era rules, including cybersecurity disclosures for public companies.
JPMorgan to Start Lending Directly Against Crypto: Report

JPMorgan Chase plans to start lending against Bitcoin and Ethereum holdings next year, marking a major shift for the traditionally crypto-skeptical bank under CEO Jamie Dimon.
Coinbase Follows Kraken’s Lead, Opens Perpetuals Trading for US Customers – Decrypt

Coinbase launches CFTC-regulated perpetual futures for U.S. traders, offering 10x leverage. This follows Kraken’s similar move and the GENIUS Act signing, addressing a gap in U.S. crypto markets.
Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto? – Decrypt

Legal barriers prevent Trump from firing Fed Chair Powell over policy disputes, but political pressure could influence rate cuts, potentially impacting crypto markets with short-term gains and long-term risks.
In letter to SEC, Citadel Securities calls for formal rule-making on tokenization – CoinJournal

Citadel Securities urges the SEC to adopt a formal rule-making process for tokenized securities, warning against hasty approvals that could confuse investors and disrupt markets.
US Government Puts Stamp of Approval on Key Digital Asset in Historic First Move – Regulation Bitcoin News

The SEC Chair confirms the first U.S. government approval of a key digital asset, marking a historic shift toward blockchain adoption in mainstream finance.
‘Banksters Are Out To Kill Crypto’: Winklevoss Slams JPMorgan

Gemini co-founder Tyler Winklevoss accuses JPMorgan of trying to kill crypto and fintech by charging fees for banking data access, sparking debate over financial data rights and innovation.
Roman Storm could go for mistrial over scam victim’s testimony: Report

Tornado Cash co-founder Roman Storm’s lawyers may seek a mistrial over a government witness whose testimony they dispute. The witness claimed her scam-linked funds passed through Tornado Cash, but defense challenges this.
Cynthia Lummis Calls for Powell to Resign – News Bitcoin News

Senator Cynthia Lummis demands Fed Chair Jerome Powell’s resignation over Operation Choke Point 2.0, criticizing the Federal Reserve’s actions under his leadership.