Crypto and Laws
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S& P Global Rankings Urges Asset Managers To Embrace Tokenization
The esteemed credit rating agency argued that using public blockchains for tokenization offers significant efficiency benefits over legacy...
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Oklahoma signs bill into law protecting crypto spending, mining, and self-custody
Oklahoma has signed into law a bill protecting crypto-related rights. The Oklahoma State Legislature website indicates Governor Kevin Stitt...
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Sonne Finance Suffers $20 Million Exploit
The Optimism-based lending protocol has paused operations.
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Infinex Attracts $60 Million of Deposits in Two Days
Users can deposit USDC on multiple chains to earn Governance Points.
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Aave Announces Lens Network L2 Leveraging ZK Stack
Lens Network will host a new deployment of Lens Protocol.
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Lido Proposes Alliance Promoting stETH-Based Restaking Ecosystem
Lido has suffered multiple months of outflows as liquid restaking protocols grow.
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CFTC Imposes Fine on Falcon Labs for Illicit Crypto Activities
The CFTC regulatory body, the Committee on Commodity Futures Trading, has imposed sanctions against Falcon Labs, a Seychelles-based...
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Institutional ETPs Post First Inflow In Five Weeks Despite Bitcoin Price Pullback
Weekly ETP trade volume is down 53% compared to April.
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Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore
Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project...
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Gamestop and Memecoins Rally as RoaringKitty Returns
GameStop stock is up 69% on the day as related memecoins soar.
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US senators challenge DOJ’s broad definition of crypto money transmitters
Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a...
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Pudgy Penguins Puts Toys In Target Stores
The NFT company has sold over one million Pudgy Toys since launching last year.
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MarginFi To Launch Solana LST-Backed Decentralized Stablecoin This Month
MarginFi said XBY will be the first major decentralized stablecoin on Solana.
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Ripple CEO Garlinghouse hopeful on crypto future amidst SEC scrutiny
The Ripple CEO, Brad Garlinghouse , has been unshakeable in his belief that crypto still has the capabilities to endure SEC’s enforcement...
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FIT21 Bill Advances: Congress Moves Closer to Clarifying Crypto Regulations
United States House Financial Services Committee will push a major legislative move toward the Financial Innovation and Technology to the 21st...