Bank of England Governor Pushes Back on Farage CBDC Lobbying Claims Bank of England Governor Andrew Bailey has dismissed suggestions that a meeting with Nigel Farage influenced the central bank’s approach to a digital pound, insisting that policy decisions remain independent of political pressure. The comments follow reports that cryptocurrency was discussed during their conversation,…
Bitcoin Treasury Firm Rewrites SPAC Terms Amid Shifting Markets The Bitcoin Standard Treasury Company and its SPAC partner Cantor Equity Partners I are revisiting the terms of their planned 2025 merger, citing the need to better align with current market realities. The move signals that both sides recognize valuations struck months ago no longer hold…
KALSHI WINS—COURTS SLAP CFTC ON ELECTION BETS Kalshi just beat the CFTC in court. A federal appeals panel refused to pause a lower-court ruling that lets the exchange keep trading election contracts, and the agency’s emergency bid to stop them failed. The decision signals that courts may not hand the CFTC a blank check over…
India’s Crypto Traders Dodge Taxes in Plain Sight India’s tax authorities have uncovered a glaring gap between crypto trading volume and actual tax compliance. Out of 645,000 individuals who executed crypto transactions, fewer than one in four reported those trades on their returns. The numbers suggest widespread under-reporting at a time when regulators are already…
Court Orders Blockchain Firm to Face Texas Suit Texas appeals court just handed Envy Blockchain and its backers a hard loss in a bid to dodge a civil suit. The Eighth District in El Paso refused to grant the mandamus petition that would have forced a lower court to drop the case. The ruling means…
Bitcoin Q-Day Recovery Proposal Aims to Let Users Prove Ownership After Quantum Attack A new proposal circulating in the Bitcoin community outlines a potential recovery path for users in the event a powerful quantum computer is used to compromise Bitcoin keys, a scenario often referred to as “Q-Day.” The idea centers on giving legitimate owners…
Bitcoin Clings to $62K as War Fears and Fed Caution Collide Bitcoin is holding near $62,000 after oil prices surged and geopolitical tensions flared in the Middle East, prompting futures traders to trim risk ahead of the Federal Reserve’s next policy decision. The move comes as broader risk assets face pressure from both inflation signals…
Court Slams CFTC Attempt to Silence Kraft Dispute The Seventh Circuit just told the CFTC it cannot hide its Kraft settlement from public view. In a sharp rebuke, the appeals court rejected the agency’s extraordinary request to keep details of its enforcement action against Kraft Foods and Mondelēz sealed, ruling that the CFTC failed to…
SEC RULING HITS BILZERIAN’S CRYPTO SHADOW EMPIRE A federal judge just stripped Paul Bilzerian and his family from using offshore structures to dodge a 1989 SEC judgment, sending a clear warning to anyone who thinks crypto wallets and trusts can outrun U.S. regulators. The ruling keeps alive a 35-year-old enforcement case, proving that old securities…
Court Slams Brakes on SEC’s Overreach in Crypto Case The Supreme Court just clipped the SEC’s wings in a landmark crypto ruling, holding that the agency cannot unilaterally expand its authority to cover every digital asset that moves value. The decision matters because it redraws the line between what regulators can police and what markets…
Bitcoin Treasury SPAC Deal Gets Reworked as Market Shifts Adam Back’s Bitcoin Standard Treasury Company and Cantor Equity Partners I are revisiting the terms of their planned 2025 SPAC merger, acknowledging that current market realities no longer match the original agreement. The move signals that both sides recognize the original valuation and structure may no…
CFTC Loses Big on Trust Dispute, Crypto Looms The Seventh Circuit just handed the CFTC a stinging defeat in a trust-fee fight that quietly redefines how far the agency can stretch its reach. The court ruled that the Conway Family Trust does not qualify as a “commodity pool operator” under the Commodity Exchange Act, slashing…
Bitcoin Drops to $60K as Oil, Japan, and Strategy Pile On Bitcoin is back under pressure at the $60,000 mark after a sharp selloff triggered by surging oil prices, fresh worries about Japan’s financial stability, and another wave of selling from the prominent trading outfit Strategy. The move has rattled short-term traders and reignited questions…
Judge Halts SEC’s Crypto Crackdown — Fifth Circuit Puts Brakes on Overreach The Fifth Circuit just threw a wrench into the SEC’s long-running campaign against crypto, ruling that the agency overstepped its authority in several high-profile enforcement actions. At issue was whether the SEC can treat digital assets as securities without proving they meet the…
Muted Details Limit What Can Be Reported From “PsyopAnime” and Monero Claims The provided title references several developments across the crypto market, including a meme token called PsyopAnime purportedly rising “30X,” a claim that “memes are back,” Monero reaching an “ATH,” and an interview with Joseph Chalom, identified as CEO of Sharplink. However, no supporting…
Stablecoins Quietly Power a $1.1 Trillion TradFi Market Binance Research just dropped new numbers showing stablecoin-settled perpetual trading in tokenized traditional finance has already crossed $1.1 trillion in volume. The report argues that stablecoins are no longer just crypto’s dollar substitute—they are becoming the settlement rail for real-world asset markets that want speed and 24/7…
Regal Wins, Tauber Loses, Crypto Gets a Warning A New York appellate court handed Regal Commodities a decisive victory over trader Tauber, ruling that a disputed trading agreement was enforceable and rejecting Tauber’s claims of fraud and breach. The decision matters because it shows how traditional contract law still governs even when crypto assets and…
CFTC Loses Bid to Silence Kraft Settlement Talks The Seventh Circuit just shut down the CFTC’s attempt to force a secret settlement with Kraft, ruling that the agency cannot hide its enforcement deals from public view. The decision keeps the commodities regulator on a tight leash and signals that big food companies will not be…
RULING SHARPENS BATTLE LINES OVER TOKEN CLASSIFICATION A federal judicial panel has refused to consolidate three separate token-related lawsuits, leaving the cases scattered across Illinois, California, and Pennsylvania. The decision keeps the legal fight fragmented at the exact moment the SEC is pushing to define which digital assets qualify as securities. Markets are watching because…
Tokenized Stocks Just Hit $8.4 Billion in a Month Trading volume in tokenized equities jumped 105% in a single month, pushing the total market value of these on-chain shares to $8.4 billion. The surge shows that both crypto-native firms and traditional financial players are moving fast to put real-world stocks on blockchains. What started as…
