DOGE ETF Inches Closer as Bitwise Revamps Filing – Brave New Coin
Bitwise amended its Dogecoin ETF filing to include in-kind redemptions, signaling SEC engagement. DOGE’s utility grows with GameFi integration, while institutional interest rises despite stagnant prices.
UAE company invests $100M in Trump family-backed crypto business
A UAE-based company, Aqua1 Foundation, invested $100M in Trump family-backed crypto firm World Liberty Financial’s WLFI token to boost blockchain development and RWA tokenization, amid US regulatory scrutiny.
Coinbase to Launch US Crypto Perpetual Futures On July 21
Coinbase announces US launch of regulated perpetual-style crypto futures on July 21, offering nano BTC and ETH contracts with 5-year expirations and CFTC compliance.
Federal Housing Finance Agency Director William Pulte Orders Crypto To Be Counted as an Asset for Mortgages – The Daily Hodl
FHFA director William Pulte orders Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for mortgage applications, limited to assets held on US-regulated exchanges.
Coinbase Launches Regulated Perpetual-Style Crypto Futures in US Market – Exchanges Bitcoin News
Coinbase introduces regulated perpetual-style crypto futures in the U.S., offering 24/7 leveraged trading and reducing reliance on offshore platforms for derivatives.
XRP Price Drops 5% After Judge Torres Denies Ripple-SEC Settlement Request – Coinspeaker
XRP price dropped 5% after Judge Torres rejected Ripple’s $50M SEC settlement request, citing public judgments over private deals. Ripple faces appeals or further legal action as XRP tests $2.00 support.
US judge denies Ripple, SEC joint request to reduce $125M penalty
A US judge denied Ripple and SEC’s joint request to reduce a $125M penalty and reverse an order classifying XRP institutional sales as securities transactions, citing federal laws.
XRP Lawsuit News: Judge Torres Denies SEC-Ripple Joint Motion, Stalling $50M XRP Deal – Brave New Coin
Judge Torres denied a joint SEC-Ripple motion to expedite a partial XRP lawsuit resolution, maintaining uncertainty. The case may proceed to appeals, with Ripple’s institutional sales still restricted and penalties unresolved.
House clears HB 1664, setting Commerce Department as lead federal blockchain coordinator
The House passed HB 1664, designating the Commerce Department as the federal blockchain coordinator. The bill establishes a Blockchain Deployment Program to develop policies, standards, and use cases for distributed ledger technology.
Nigerian Man Pleads Guilty to Laundering $2.5M in Crypto
Nigerian national Charles Uchenna Nwadavid pleaded guilty to laundering $2.5M via crypto from romance scams. Funds were moved through LocalBitcoins between 2016-2019, targeting six U.S. victims.
