US Treasury Eyes New Rules to Police Stablecoins The Treasury Department just dropped proposed rules under the GENIUS Act that would force every payment stablecoin issuer to build full anti-money-laundering and sanctions programs—and give them the power to block, freeze, or reject suspect transfers on the spot. The move signals that Washington is done treating…
CFTC Wins Key Appeal Over Conway Trust’s Crypto Trades The Seventh Circuit just handed the CFTC a clean win, ruling that the agency can police a family trust’s bitcoin and ether futures trades as “commodity” transactions. The decision keeps the trust on the hook for $1.75 million in alleged losses and signals that crypto derivatives…
Ethereum Firm Sharplink, Solana Treasury Forward Industries Joining Russell 2000, 3000 Indexes Ethereum-focused firm Sharplink and Forward Industries, which has positioned itself around a Solana-linked treasury strategy, are set to join the Russell 2000 and Russell 3000 indexes. Russell indexes are widely used benchmarks for the U.S. equity market. The Russell 3000 generally tracks a…
Bitcoin Stalls at $72K as Bulls Fight for Control Bitcoin’s latest relief rally is stalling just below the $72,000 mark as sellers step in, testing whether the market has the conviction to push higher. The stall comes after a sharp bounce that briefly reignited hopes of a new leg up, yet the price action shows…
Court Slams Brakes on SEC Crypto Crackdown Fifth Circuit judges just handed crypto firms a rare win, tossing key parts of an SEC enforcement push and forcing regulators to rethink how far they can stretch old securities laws over digital assets. The April 17, 2025 ruling signals that courts may no longer rubber-stamp the agency’s…
CFTC Wins Right to Raid Kraft’s Private Files The Seventh Circuit just handed the CFTC a powerful new tool: the ability to demand internal corporate records without first proving a case in court. By granting the agency’s unusual petition for mandamus, the judges overturned a lower-court order that had blocked the CFTC’s broad subpoena to…
Regal Commodities Wins Appeal Over Crypto Margin Call New York’s Appellate Division handed Regal Commodities a decisive win in a dispute that could redefine how crypto margin agreements are enforced. The ruling strengthens commodity-style contracts in digital assets and signals courts may treat certain tokens as regulated instruments rather than pure software. The case began…
Zcash Surges 30% on Ceasefire Hopes, Risk of Sharp Reversal Looms Zcash posted one of the sharpest single-day gains across major cryptocurrencies as traders interpreted reports of a potential US–Iran ceasefire as a de-risking signal for risk assets. The move lifted ZEC roughly 30% in hours, pushing the privacy coin back into the spotlight after…
SEC SUFFERS EARLY SETBACK IN MULTI-DISTRICT TOKEN SUITS Three separate investor suits targeting the same crypto project now head for coordinated discovery in Illinois after a federal panel rejected the SEC’s preferred venue. The move matters because it signals that judges are willing to consolidate scattered token cases early, potentially accelerating rulings on whether the…
US Treasury Proposes GENIUS Act to Block Dirty Stablecoin Flows The Treasury Department just dropped draft rules under the GENIUS Act that would force every stablecoin issuer to build full anti-money-laundering, counter-financing-terrorism, and sanctions programs—and give them the power to freeze or reject transactions on command. The move targets the growing use of dollar-pegged tokens…
COURT SLAPS SEC ON WRISTS IN RIPPLE FALLOUT Fifth Circuit just handed the SEC its sharpest rebuke yet on crypto enforcement, narrowing the agency’s power to label tokens as unregistered securities and signaling courts may no longer rubber-stamp broad enforcement tactics. The decision could blunt the agency’s momentum after years of heavy litigation and force…
Cash App Now Supports Stablecoins, Despite Bitcoin Maxi Jack Dorsey's 'Gatekeeper' Gripes Cash App has added support for stablecoins, expanding the range of crypto assets available on the payments platform even as its founder, Jack Dorsey, has repeatedly positioned himself as a bitcoin-first advocate. The move is notable because Dorsey has long criticized the broader…
Quantum Risk Looms Over Bitcoin — But Bernstein Says Panic Is Premature Bitcoin could face quantum computing threats within three to five years, but Bernstein analysts argue the danger is far more contained than headline fears suggest. The firm’s latest research points to older, exposed wallets as the real vulnerability, not the network itself. For…
CFTC Wins Appeal, Expands Reach Over Crypto The Ninth Circuit just handed the CFTC a decisive victory that could reshape how regulators police digital assets. By reversing a lower court, the three-judge panel ruled that James Devlin Crombie’s unregistered Bitcoin and Litecoin trading platform was a commodity futures exchange under U.S. law. The decision clears…
COURT HANDS CFTC MAJOR WIN OVER MONEX The Ninth Circuit just reversed a district court and ruled that Monex’s leveraged precious-metals contracts are futures subject to CFTC oversight, not simple retail sales. The decision instantly expands the agency’s reach over any platform offering financed crypto or commodity exposure to U.S. customers and signals that regulators…
RULING SLAMS DOOR ON CRYPTO ACCOUNT SEIZURE SHORTCUT The U.S. District Court for the District of Columbia has blocked the government’s attempt to forfeit twenty-four cryptocurrency accounts in a single civil action, ruling that prosecutors failed to show probable cause linking the wallets to criminal proceeds. The decision matters because it forces investigators to prove…
SEC Wins Early Round as Binance Faces Full Force of U.S. Regulators The Securities and Exchange Commission scored a critical procedural victory when Judge Amy Berman Jackson refused to toss its sprawling lawsuit against Binance, preserving the agency’s right to pursue claims that the world’s largest crypto exchange operated an unregistered securities platform and commingled…
COURT BLOCKS FOUNDERS FROM SILENCING TOKEN CLAIMS Delaware’s Superior Court just refused to let two plaintiffs quietly drop their lawsuit against a crypto-linked venture, ruling that public interest and potential token-holder rights outweigh any private settlement. The decision keeps alive allegations that could reshape how courts view digital asset claims and corporate disclosures. The case…
Whale alert: Someone dumped $1.29 billion of BlackRock’s bitcoin ETF in a dark pool trade A single, unusually large transaction involving BlackRock’s bitcoin ETF moved through a dark pool, with roughly $1.29 billion worth of shares sold in one block trade. Dark pools are private trading venues typically used by institutions to execute large orders…
Grayscale Beats SEC, Forces Bitcoin ETF Review The D.C. Circuit just handed Grayscale a decisive win, ordering the SEC to reconsider its rejection of the firm’s spot Bitcoin ETF. For the first time, a federal appeals court has told the agency its reasoning for blocking Bitcoin products while allowing futures-based ETFs does not hold up….
