Senator Elizabeth Warren calls for congressional hearings after a report reveals UAE’s Sheikh Tahnoon acquired a 49% stake in World Liberty Financial, raising national security concerns. #Breaking #Legal $BTC
China’s People’s Bank of China (PBOC) launched an international operations center for the digital yuan (e-CNY) in Shanghai, aiming to enhance cross-border payment efficiency amid a pause on tokenization efforts. #Update #Crypto $USDT
Market regulators in France, Austria, and Italy urge the EU to strengthen crypto oversight under MiCA, citing enforcement discrepancies and proposing direct ESMA supervision for major providers. #Update #Crypto
Belarusian President Aleksandr Lukashenko urges rapid cryptocurrency and cash adoption for economic resilience, calling for regulatory oversight and an instant payment system by year-end amid sanctions. #Update #Crypto $BTC $ETH
Trump’s administration establishes a strategic bitcoin reserve with 200,000 $BTC, signaling a crypto-friendly policy shift. Regulatory clarity on stablecoins and market structure bills is anticipated. #Update #Crypto $BTC (+6) ↗
President Trump signed an executive order to establish a Strategic Bitcoin Reserve, holding 198,109 $BTC worth $17B as a digital Fort Knox. #Breaking #Crypto $BTC (+9) ↗
U.S. District Judge dismisses SEC’s case against Richard Heart, citing insufficient U.S. jurisdiction; $HEX rises 34% following the ruling. #Update #Legal $HEX (+4) ↗
TheBlock: China imposes additional tariffs on U.S. goods, impacting $BTC trading below $100,000 amid heightened trade tensions. #Update #Crypto $BTC (-3) ↘
@CboeBZX Exchange Inc. amended rules to allow in-kind redemptions for the ARK 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF, aligning with SEC-approved processes from earlier this year. #Update #ETF $BTC (+3) ↗
Hong Kong’s Legislative Council held its first meeting on the stablecoin bill since December, aiming to regulate issuers via licensing from the Hong Kong Monetary Authority. The region seeks to strengthen its position as a cryptocurrency hub. #Update #Legal (+3) →
Donald Trump’s memecoin has rapidly reached a $13 billion market cap, sparking mixed reactions as the U.S. enters his second administration. While some see it as a bullish sign for crypto adoption, others criticize it as exploitative. #Breaking #Crypto $TRUMP (+9) ↗
@BitMEX has been fined an additional $100 million for Bank Secrecy Act violations, following a previous $110 million penalty. This comes after the exchange’s guilty plea for anti-money laundering failures from 2015-2020. #Breaking #Legal (-9) ↘
Singapore has banned access to @Polymarket as part of a crackdown on unlicensed online gambling, affecting 3,800 sites and blocking $37M in transactions. Violators face fines or imprisonment. #Update #Legal (+6) ↘
@coinbase subpoenaed by U.S. Commodity Futures Trading Commission in @Polymarket investigation, seeking “general customer information.” Coinbase alerted users via email, emphasizing no action required from users and potential objections to data requests. • #Breaking • #Legal • @coinbase • (+8) • ↗
