H-1B Visa Fee: California, Massachusetts Sue Trump
California and Massachusetts will sue the Trump administration over a $100K H-1B visa fee, citing unlawful burden on employers and improper enactment. #Update #Legal
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California and Massachusetts will sue the Trump administration over a $100K H-1B visa fee, citing unlawful burden on employers and improper enactment. #Update #Legal
The OCC granted conditional approvals for five national trust bank charters, including @Ripple and BitGo, allowing them to offer federally regulated crypto custody services. #Update #Legal
Pakistan’s Virtual Assets Regulatory Authority issued No Objection Certificates to @Binance and HTX, allowing preparatory activities for full licensing under Financial Action Task Force standards. #Update #Legal @Binance
@Coinbase will launch prediction markets and tokenized stocks on December 17, expanding its offerings beyond traditional digital assets. #Update #Crypto
Michael Saylor hinted at a potential Bitcoin-related meeting with a bank, sparking speculation about JPMorgan involvement. No further details were disclosed. Crypto $BTC
21shares launched its XRP ETF, trading under TOXR on the Cboe BZX Exchange after SEC approval, offering exposure to $XRP with a 0.3% annual fee. Crypto $XRP
YouTube now allows US creators to receive payouts in PayPal’s stablecoin PYUSD, enhancing digital payment options without direct crypto handling. #Update #Crypto
The Depository Trust & Clearing Corporation (@DTCC) received SEC approval to tokenize traditional assets using blockchain, enhancing securities settlement and custody. #Update #Blockchain
Do Kwon, co-founder of Terraform Labs, was sentenced to 15 years for fraud in the $40B TerraUSD and Luna collapse; he settled with the SEC for $80M. #Breaking #Legal
The Commodity Futures Trading Commission has withdrawn outdated guidance on virtual currency delivery, aligning with digital asset reforms to foster innovation and market safety. Legal
Elon Musk’s @xAI partners with El Salvador to launch the first nationwide AI education program, deploying Grok in 5,000 schools for over one million students. #Update #Tech
Disney partners with OpenAI, investing $1B to license Disney, Marvel, Pixar, and Star Wars characters for Sora platform’s AI-generated content. #Update #Tech
Gemini stock surged premarket after CFTC approved its derivatives exchange, enabling expansion into prediction markets. Founded by Winklevoss twins, Gemini plans to offer various event contracts. #Update #Finance
Cboe BZX Exchange approves listing of 21Shares XRP ETF under ticker TOXR, with custody by Coinbase, Anchorage Digital Bank, and BitGo Trust. #Update #Crypto $XRP