Binance co-founder Yi He dismisses rumors of CZ receiving pardon from President Trump: Report
Binance co-founder Yi He denied rumors that CZ received a presidential pardon from Trump. BNB briefly rose on the false news but stabilized. CZ’s team had applied for a pardon in April.
Top Regulators Forge US-UK Alliance to Oversee Digital Assets – Regulation Bitcoin News
US and UK regulators are strengthening collaboration to oversee digital assets, stablecoins, and AI in finance, aiming to enhance global financial stability and market innovation.
Stablecoins Rise, Cards Fall: Experts See Big Tech Gaining In South Korea
South Korea’s proposed Digital Asset Innovation Act may reshape payments, favoring stablecoins over cards. Big tech firms like Naver and Kakao could benefit, while banks and card issuers face challenges.
Senate Banking Committee Sets Out Plan For Crypto Market Rules – Decrypt
Senate Republicans propose crypto market regulations focusing on innovation, consumer protection, and regulatory clarity. Democrats aim to restrict presidential crypto investments amid legislative progress on digital asset oversight.
Korean Central Bank Advocates Measured Stablecoin Approach – Regulation Bitcoin News
South Korea’s central bank recommends a gradual rollout of won-denominated stablecoins, with regulated commercial banks leading initial issuance to maintain monetary policy stability.
Coinbase claims ‘key role’ in Secret Service’s biggest-ever crypto seizure
Coinbase assisted the US Secret Service in seizing $225 million in crypto from pig butchering scams, identifying 130 victims and tracing funds to illicit wallets and Southeast Asia scam compounds.
US FHFA to Study Use of Crypto Holdings in Mortgage Qualification Criteria
The FHFA is studying whether crypto assets like Bitcoin can be included in mortgage qualification criteria, potentially transforming lending practices and increasing accessibility to crypto-backed loans.
Trump Media: $400M buyback won’t derail $2.3B Bitcoin Treasury plan
Trump Media approves a $400M stock buyback and commits $2.5B to Bitcoin acquisitions, despite political scrutiny and financial struggles, while pushing for crypto ETFs and a national Bitcoin reserve.
Majority Whip Tom Emmer says House will vote on GENIUS stablecoin bill if paired with CLARITY Act
House Majority Whip Tom Emmer states the GENIUS stablecoin bill will only advance if paired with the CLARITY Act, which defines digital asset regulations, amid political opposition.
NYSE Files for Rule Change to List Trump Bitcoin Ethereum ETF – Decrypt
NYSE filed to list a Trump Media Bitcoin and Ethereum ETF, tracking BTC (75%) and ETH (25%). The SEC must approve the rule change. Trump Media deepens crypto ties with this and other planned funds.
