XRP Lawsuit Update: Ripple Paid $125M in Cash, Settlement Hinges on Appeal
Ripple has paid its $125M SEC penalty in cash, not XRP, according to former SEC lawyer Marc Fagel. The case’s resolution now depends on both parties dismissing their appeals, expected within two months.
House Clears Key Crypto Bills for Final Vote After Record 9-Hour Standoff – Decrypt
The U.S. House passed H.Res. 580 after a 10-hour standoff, advancing three crypto bills including the GENIUS Act and Anti-CBDC Surveillance State Act attached to the NDAA, with Trump endorsing the deal.
Just In: U.S. House Advances CLARITY, GENIUS Acts After Longest Vote in History
The U.S. House advanced the CLARITY and GENIUS Acts after a record-long vote. The bills address digital asset regulation and anti-CBDC measures, following negotiations involving former President Trump.
Bank of America CEO Says Still Too Early For Stablecoin Plans as US Stalls on Key Crypto Rules – Decrypt
Bank of America CEO cites regulatory uncertainty and unproven demand as reasons for delaying stablecoin plans, while rivals like Citi and JPMorgan explore initiatives amid stalled US crypto legislation.
California Taps Ripple and Coinbase for Government Tech Overhaul – News Bytes Bitcoin News
California partners with Ripple and Coinbase to modernize government operations through the California Breakthrough Project, aiming for efficiency and innovation.
Crypto bills move forward after nine-hour stalemate on House floor
House Republicans ended a nine-hour stalemate to advance three crypto bills, including a CBDC ban added to a defense bill, with votes on market structure and stablecoin regulations expected soon.
US House officially passes rule to advance GENIUS, Clarity, and Anti-CBDC acts after longest vote in chamber history
The US House passed a rule to advance three crypto bills after a record 10-hour vote, including the GENIUS Act, Clarity Act, and Anti-CBDC Surveillance Act.
Crypto Week: US Bills Could Unlock Trillions in Assets
US Crypto Week features three key bills: CLARITY Act for asset classification, GENIUS Act for stablecoin rules, and Anti-CBDC Act to block Fed digital currency issuance.
CBDC in Plain Sight: Are Stablecoins the Hidden Blueprint for a US Digital Dollar? – Op-Ed Bitcoin News
The article explores how stablecoins may serve as a blueprint for a US digital dollar, discussing their growth and regulatory landscape in relation to potential CBDC development.
SEC postpones decision on in-kind creations and redemptions for Bitwise Bitcoin and Ethereum ETFs
The SEC has delayed its decision on in-kind creations and redemptions for Bitwise Bitcoin and Ethereum ETFs until September 2025, citing the need for more review time.
