Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
CryptoSlate: Senator Bill Hagerty introduces the GENIUS Act for stablecoin regulation, requiring US backing and monthly audits, co-sponsored by Senators Gillibrand, Scott, and Lummis. #Update #Legal (+7) ↗
CoinGape: Senator Bill Hagerty introduces the GENIUS Act to regulate stablecoins, aiming for a structured framework with bipartisan support from Senators Gillibrand, Scott, and Lummis. #Update #Legal (+6) ↗
Hodl.Press: @CryptoCom and Kalshi face CFTC scrutiny over self-certified Super Bowl betting products, assessing compliance with derivatives laws. #Update #Legal (+7) ↘
CoinDesk: @GalaxyDigital partners with BitGo Trust for crypto staking services amid ongoing $100M lawsuit, enhancing institutional access to staking and collateralized trading. #Update #Crypto (+3) ↗
CryptoBriefing: The SEC now requires lawyers to get commissioner approval before launching investigations, following leadership changes with Mark Uyeda as Acting Chair. #Breaking #Legal (+8) ↗
Bitcoin.com: Thailand’s Securities and Exchange Commission plans to launch a blockchain-based debt instrument trading system, encouraging securities firms to trade digital asset tokens. #Update #Crypto (+3) ↗
DailyHodl: El Salvador removes Bitcoin’s legal tender status under IMF pressure, making acceptance voluntary to secure a $1.4 billion funding deal. #Update #Crypto $BTC (-6) ↘
Decrypt: @BitwiseInvest files for spot $DOGE ETF amid SEC’s regulatory clarifications; potential approvals could open crypto ETF floodgates, says CEO Matt Hougan #Update #ETF $DOGE (+6) ↗
NewsBTC: @21Shares files for a spot Polkadot ETF with the U.S. Securities and Exchange Commission, aiming to expand crypto investment options. #Update #ETF $DOT (+3) ↗
Hodl.Press: A class-action lawsuit accuses @pumpfun of issuing unregistered securities, involving $500M in alleged fraud and Ponzi schemes. #Breaking #Legal (+9) ↘
Bitcoin.com: @NYSE proposes listing @Grayscale’s XRP Trust on Jan. 30, aiming for regulated $XRP exposure; SEC approval would allow spot ETF trading. #Update #ETF $XRP (+3) ↗
NewsBTC: Ripple’s legal battle with the US Securities and Exchange Commission nears conclusion, potentially propelling $XRP to $10 as market optimism grows. #Update #Legal $XRP (+6) ↗
Bitcoin.com: Congress modifies Bitcoin Law, making $BTC acceptance voluntary to meet IMF requirements for a $1.4 billion credit facility in El Salvador. #Update #Legal $BTC (+3) ↗
CoinGape: The U.S. Securities and Exchange Commission (SEC) approved @BitwiseInvest’s ETF for Bitcoin and Ethereum on NYSE Arca, pending S-1 registration completion. #Update #ETF $BTC (+3) ↗
