Texas Bitcoin Reserve Law Triggers Sunday—Silence Means Yes

Texas is set to establish the nation’s largest government-run Bitcoin reserve as Senate Bill 21 will automatically become law if Governor Abbott doesn’t act by June 22. The bill allows state investment in Bitcoin and other cryptocurrencies.
US Senate approves landmark GENIUS Act for stablecoin regulation

The US Senate passed the GENIUS Act to regulate stablecoins, establishing a framework for reserves, compliance, and federal oversight, aiming to bolster dollar dominance and innovation.
Ripple and SEC Ask Court to Pause Appeals as They Fight to End XRP Case – Legal Bitcoin News

Ripple and the SEC have jointly requested to pause appeals as they await a court decision that could settle the long-running XRP case, potentially ending legal disputes.
US DOJ, Europol seize world’s largest dark web drug market operating via Monero

International law enforcement seized Archetyp Market, a major darknet drug platform using Monero, arresting its German operator in Spain and confiscating millions in assets and infrastructure.
Ripple News Today: Ripple Files Supplemental Letter to Sway Court in Prolonged XRP Lawsuit – Brave New Coin

Ripple files a supplemental letter in its SEC lawsuit, seeking reduced penalties and injunctive relief. The company argues for fairness and regulatory consistency, while both parties request an appeal pause until August 2025.
JPMorgan, SEC meet to discuss capital markets moving onchain

JPMorgan met with the SEC to discuss blockchain’s impact on capital markets, including risks, benefits, and regulatory considerations. The bank also launched a deposit token pilot on Coinbase’s Base blockchain.
Coinbase Eyes SEC Approval to Launch Tokenized Stock Trading in US Market – Exchanges Bitcoin News

Coinbase seeks SEC approval to launch tokenized stock trading in the U.S., aiming to expand blockchain’s role in mainstream equities and financial markets.
SEC Reviews Franklin XRP ETF Proposal in Key Step Toward Potential Approval – Featured Bitcoin News

The SEC is reviewing Franklin Templeton’s XRP ETF proposal, signaling growing institutional confidence in XRP and the broader crypto ETF market.
Russian Authorities Raid 30,000sqm Illegal Crypto Mining Farm

Russian authorities raided a 30,000sqm illegal crypto mining farm in Siberia, seizing equipment and halting operations that generated $58,672 monthly.
Tron IPO News: Tron Inc. Deal Gives Justin Sun’s Father Control of Public Firm Via $100M Token Deal

A SEC filing reveals a $100M TRX token deal giving Justin Sun’s father control of SRM Entertainment, now Tron Inc. Tron DAO has no direct role, but Tron-aligned advisors join the board.