California Sends Meme Coin Bill Banning Officials To Governor
TLDR: AB 2409 would bar California public officials from issuing meme coins tied to their office. Exchanges must block certain off...
Hyperliquid Strategies Reports $305.5 Million Net Income as PURR Stock Rises
TLDR Hyperliquid Strategies raised $647 million in equity capital during its latest fiscal year. The company’s HYPE token treasury...
SEC Proposes New Rules to Allow Public Crypto Token Sales
TLDR The SEC has proposed letting crypto startups raise up to $5 million and larger projects up to $75 million without full regist...
CLARITY Act Faces Senate Cloture Vote on September 15
TLDR Former Defense Secretary Mark Esper calls the CLARITY Act a national security bill in a new op-ed. The Senate will hold a clo...
Bank Plans on CLARITY Act Send Circle and Coinbase Shares Lower
Circle and Coinbase shares fell as JPMorgan and major banks advanced stablecoin and tokenized deposit plans, intensifying competit...
Trump Crypto Empire Faces Scrutiny Over 49% Saudi Linked Stake in New Bank
World Liberty Financial won conditional OCC approval for a trust bank tied to USD1, with a Tahnoon-linked entity holding 49% of it...
SEC Clears Evernorth Filing, What Comes Next for XRPN?
TLDR Evernorth moved closer to a Nasdaq listing after the SEC declared its S-4 registration statement effective. The company plans...
Bitcoin News: Debt Hedge Case Meets Senate Roadblocks for CLARITY Act
Bitcoin’s debt-hedge appeal is gaining attention as the CLARITY Act faces Senate hurdles, despite a rally fueled by falling yields...
SEC Sends Crypto Custody Rule to White House for Review
TLDR The SEC sent its “Amendments to the Custody Rules” proposal to the White House Office of Information and Regulatory Affairs o...
Crypto CEO Loses UK Extradition Fight Over $20 Million Token Scheme
TLDR A UK judge rejected Manpreet Kohli’s challenge against extradition to the United States. Kohli faces charges tied to an alleg...