Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
U.S. prosecutors seek a 12-year prison sentence for @DoKwon, founder of Terraform Labs, after his guilty plea for fraud linked to the $UST collapse, which caused significant market turmoil. #Breaking #Legal $LUNA
The SEC’s request led ProShares to withdraw plans for leveraged ETFs linked to major stocks and crypto assets like $BTC, $ETH, $XRP, and $SOL. No securities were sold. #Update #Legal
The CFTC approves U.S. spot crypto trading on regulated exchanges, with Bitnomial launching first, marking a significant regulatory milestone. #Update #Crypto
The European Commission proposed transferring cryptocurrency oversight from individual countries to the European Securities and Markets Authority (ESMA) to unify regulatory approaches across the EU. #Update #Crypto $BTC
@CitadelSec has urged the SEC to tighten regulations on DeFi tokenized stocks, claiming they should be treated as exchanges, prompting backlash from crypto advocates. #Update #Crypto $BTC
Connecticut’s Department of Consumer Protection orders @RobinhoodApp, @cryptocom, and Kalshi to cease unlicensed sports wagering operations. #Breaking #Legal
@MyStake partners with Leeds United, marking a significant move in UK iGaming sponsorships. Details remain confidential. #Update #Sports
Bitnomial to launch leveraged spot crypto trading in the U.S. next week under CFTC oversight, marking a significant regulatory development. #Update #Crypto
The US Commodity Futures Trading Commission has approved spot cryptocurrency trading on federally regulated exchanges, a first for the market, following recommendations from President Trump’s Working Group. #Update #Crypto $BTC $ETH
@Citadel and SIFMA urge the SEC to regulate decentralized finance for tokenized stocks, sparking backlash from crypto advocates who argue it stifles innovation. #Update #Crypto $BTC
The U.S. SEC has stalled several leveraged crypto ETF filings, including 3x and 5x proposals, citing attempts to exploit loopholes in risk constraints, requiring issuers to revise strategies or withdraw. #Update #Crypto $BTC $ETH
Fanatics launched Fanatics Markets, a prediction platform for sports, finance, and culture in partnership with Crypto.com’s CFTC-registered exchange, now available in 24 states. #Update #Market
The U.S. SEC halts review of high-leveraged crypto ETFs, citing risk concerns; fund managers must address issues before proceeding. #Update #Crypto
CME Securities Clearing Inc., operated by CME Group, received SEC approval to launch in Q2 2026 for US Treasury and repo transactions, supporting regulatory requirements. #Update #Legal
