US court freezes $57M USDC allegedly linked to LIBRA scandal
A Manhattan federal court froze $57.65 million in USDC linked to the Libra memecoin scandal. The temporary restraining order targets funds held at Circle, following a class action case.
NYC Mayor Adams Unveils ‘BitBond’ Bitcoin Bond Plan at Bitcoin 2025, Seeks End to BitLicense – “The Defiant”
NYC Mayor Eric Adams announced plans for a Bitcoin-backed municipal bond, ‘BitBond,’ at Bitcoin 2025. He aims to eliminate BitLicense, calling it a barrier to crypto business growth in NYC.
Arkham Identifies Another $7.5B in Strategy’s Bitcoin Holdings
Arkham identified $7.5B in Bitcoin tied to Strategy, revealing 87.5% of its holdings. This sparks a privacy debate as institutional crypto transparency increases. Peter Schiff ironically claims influence on Bitcoin ownership.
Court blocks Trump’s Liberation Day tariffs, limits emergency trade power
A federal court blocked Trump’s tariffs, ruling they exceeded presidential authority under IEEPA. The decision emphasized Congress’s sole power to regulate international trade, sparking an administration appeal.
Pakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000 Megawatts of Energy for Crypto Mining
Pakistan announces plans to create a Bitcoin strategic reserve and allocate 2000 MW for crypto mining, inspired by U.S. initiatives, aiming to boost economic inclusion and blockchain adoption.
Congressman Bryan Steil: Why crypto bills should refrain from ‘unrelated content’
Congressman Bryan Steil advocates for focused crypto bills without unrelated additions to avoid delays in establishing a clear regulatory framework for the cryptocurrency industry in the U.S.
The FCA and Bank of England are collaborating to create a stablecoin and crypto regulation regime
The UK’s FCA and Bank of England are proposing regulations for stablecoins and crypto custody to ensure market integrity, consumer protection, and innovation in the cryptocurrency sector.
Circle Freezes $58 Million Worth of USDC in Solana Wallets Tied to Libra Scandal – Decrypt
Circle froze $58 million in USDC tied to the Libra meme coin scandal involving Argentine President Javier Milei. The freeze follows legal actions and accusations of a pump-and-dump scheme.
Pakistan to Establish Strategic Bitcoin Reserve, Will Begin Mining, Officials Say at Bitcoin 2025 Conference – “The Defiant”
Pakistan announces plans to create a government-led Bitcoin reserve and begin mining, inspired by the US, as revealed at Bitcoin 2025 conference.
BitBonds: New York City To Launch World’s First Bitcoin-Backed Municipal Bonds
New York City Mayor Eric Adams announces plans to launch Bitcoin-backed municipal bonds, called BitBonds, positioning NYC as a leader in cryptocurrency financial innovation.
