Australian regulator takes former Blockchain Global director to court
ASIC takes former Blockchain Global director Liang Guo to court for alleged breaches of directors’ duties involving ACX Exchange customer funds and false statements.
El Salvador to Hold Off Bitcoin Buys Under Loan Pact
El Salvador has agreed with the IMF to halt Bitcoin purchases under a $1.4b loan program, while maintaining existing holdings and withdrawing public sector involvement in the Chivo wallet by July.
Thailand Signals Openness to Controlled Crypto Conversion – Bitcoin News
Thailand considers regulated crypto services and blockchain bond tokens, showing openness to digital finance with strict oversight, as stated by Finance Minister Pichai Chunhavajira.
El Salvador Defies IMF Again With Fresh Bitcoin Purchase Following Loan Review – Decrypt
El Salvador purchased eight more Bitcoin despite IMF warnings, continuing its crypto reserve expansion while navigating loan agreement terms and maintaining macroeconomic reforms.
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
CFTC Commissioner Christy Goldsmith Romero warns that the departure of four commissioners could hinder crypto regulation, leaving a lack of diverse opinions and making rule-making more difficult.
Ripple CLO Writes to SEC for Clarity on Tokens and Investment Contracts
Ripple’s CLO Stuart Alderoty has written to the SEC seeking clarity on differentiating crypto tokens from investment contracts, citing regulatory gaps and urging Congress to establish new legal standards.
Rep. Steil urges restraint on adding ‘non-germane items’ to crypto bills
Rep. Bryan Steil urges lawmakers to avoid adding unrelated items to crypto bills, emphasizing the need for clear regulations. Key bills include the GENIUS Act and a market structure bill, with bipartisan support for crypto innovation.
Ripple proposes “network maturity” test to determine when crypto tokens stop being securities
Ripple Labs proposed a ‘network maturity’ test with criteria like $1B market cap and 10-year operation to determine when crypto tokens should no longer be classified as securities.
France Detains 24 in Explosive Crypto Kidnapping Plots – Featured Bitcoin News
French authorities detained 24 individuals involved in kidnapping plots targeting crypto elites, raising security concerns and prompting industry warnings about violent abduction attempts.
AI and Crypto Czar David Sacks Says the US Could Buy More Bitcoin – Decrypt
David Sacks, the White House’s AI and crypto czar, suggested expanding the Strategic Bitcoin Reserve by purchasing more Bitcoin if done budget-neutrally. He emphasized the link between Bitcoin, AI, and energy infrastructure.
