The source material provided does not include details about the GENIUS Act, its requirements, or the steps businesses must take in response. Without that information, it is not possible to accurately explain what happened, why it matters, or how the law affects stablecoin issuers and businesses.
Court Slams Coinbase Appeal: SEC Keeps Full Authority Over Crypto The Third Circuit has shut down Coinbase’s attempt to force the SEC into a rulemaking process for crypto assets, leaving the agency’s enforcement-first approach untouched. The ruling keeps the current legal fog over tokens, exchanges, and DeFi protocols firmly in place and signals that the…
Court Says CFTC Can’t Silence Crypto Critics Trevor Kitchen just beat the CFTC in federal court, and the ruling could make regulators think twice before muzzling industry voices. The D.C. Circuit told the agency it overstepped when it tried to punish Kitchen for criticizing its enforcement tactics, forcing the Commission to drop its case and…
Court Rules Crypto Platforms Must Face State-Law Claims Fifth Circuit just handed crypto plaintiffs a bigger hammer. In a consolidated appeal, the court let state-law fraud and consumer-protection suits against a digital-asset exchange proceed, even though the platform argued federal securities law should preempt everything. The decision signals that judges will not automatically let crypto…
Delaware Court Rejects Crypto Startup’s Breach Claims Delaware’s Superior Court has tossed out a crypto startup’s lawsuit against its own founder, ruling that promises made before a company is even formed cannot create binding legal obligations. The decision sends a blunt message to crypto entrepreneurs and investors: informal agreements struck over Slack or Signal may…
From Uptober to Spooky Szn? Bitcoin Cuts September Gains in Half Bitcoin began October with a pullback that erased roughly half of its September advance, as selling pressure picked up and leveraged bullish bets were forced out. The move comes just as “Uptober” seasonality narratives typically re-emerge, but early-quarter price action has been muted across…
Court Slams Brakes on SEC Token Crackdown A federal appeals court has just reined in the SEC’s ability to brand every digital asset a security, ruling that the agency overstepped its authority by trying to regulate tokens that never promised profits from the issuer’s efforts. The decision throws cold water on the Commission’s enforcement-first approach…
