Connecticut closes door on Bitcoin, mandates strict disclosure for crypto firms
Connecticut bans state crypto investments and payments, mandates strict risk disclosures for crypto firms to protect consumers, contrasting with states like Texas embracing Bitcoin reserves.
Will the SEC Approve Grayscale’s Five Crypto Spot ETF? Live Updates Before July 2 Deadline
Grayscale seeks SEC approval to convert its Digital Large Cap Fund into a spot ETF tracking five cryptocurrencies, with a decision deadline of July 2. Updates on the application are provided.
Good News for XRP, Litecoin and Solana: Analysts Raise ETF Approval Odds to 95%
Analysts predict a 95% chance of SEC approving spot ETFs for XRP, Litecoin, and Solana by October, with potential for other altcoin ETFs. A Solana staking ETF launches this week.
Malaysian regulator proposes easing crypto asset listing process
Malaysia’s Securities Commission proposes easing crypto listing rules, allowing exchanges to list certain assets without prior approval, while tightening governance and custody requirements for exchanges.
DOJ Dismantles DPRK-Linked Crypto Theft Scheme
The DOJ charged four North Koreans for impersonating IT workers to steal crypto, allegedly funding DPRK’s weapons program. They stole $900,000 by exploiting companies, including a Georgia-based blockchain firm.
Trump Threatens to Turn DOGE Against Former Chief Elon Musk – Decrypt
Trump threatens to use DOGE agency against Elon Musk, accusing him of excessive subsidies. Their partnership on federal efficiency turns sour amid crypto and debt policy tensions.
FATF warning on stablecoin crimes is not anti-crypto, intel firms say
FATF’s warning on stablecoin crimes aims to improve regulation, not hinder crypto growth, say blockchain firms. Stablecoins dominate illicit crypto transfers, requiring better monitoring and enforcement.
DOJ charges 4 North Koreans in $1M crypto theft from blockchain startup
Four North Koreans posed as remote blockchain developers, stealing $1M in crypto to fund illicit programs. Charged with wire fraud and money laundering by the DOJ.
The Insider Threat: How Internal Actors Are Becoming Crypto’s Weakest Link – Brave New Coin
Insider threats in crypto are rising, with employees exploiting access for attacks. Recent incidents include a $2M hack via backdoors and social engineering. State-sponsored agents also infiltrate teams, highlighting security vulnerabilities.
XRP Lawsuit Update: SEC Appeal Dismissal Could Take Weeks or More, Says Lawyer
The SEC’s appeal dismissal in the Ripple lawsuit may take weeks or longer, according to former SEC attorney Marc Fagel. A July 3 SEC meeting sparked speculation but is likely routine.
