California pension funds like CalSTRS and CalPERS invest $276M in Strategy shares, showcasing institutional confidence in Bitcoin. This move highlights the increasing strategic investment in cryptocurrency by U.S. pension funds, setting a positive tone for further adoption and regulatory clarity.
Senate amendment emphasizes consumer protection, bankruptcy, and ethics in regulating stablecoins. This bipartisan proposal aims for increased transparency, raising compliance standards and potentially impacting the stablecoin market significantly.
The bipartisan amendment to the GENIUS Act aims to enhance stablecoin regulations, focusing on consumer protection and ethical practices. This may reshape the legislative framework, bringing more transparency and safeguards to the stablecoin market.
The U.S. Senate proposes stricter rules for tech giants like Meta and Amazon issuing stablecoins, forbidding misleading claims and demanding compliance with consumer protection standards. The market is watching for impacts on companies like Meta and possible liquidity changes in Ethereum and DeFi protocols.
Sichuan authorities reveal 3.9 billion yuan forex-crypto case in Chengdu, leading to 21 arrests. This signals heightened scrutiny on illegal financial activities in China, emphasizing the crackdown on unauthorized currency trades and virtual currencies.
SEC introduces new guidelines to regulate crypto assets and promote institutional interest. Hester Peirce supports updates for innovation within balanced investor protection.
Truth Social has denied rumors of launching a meme coin, reiterating its commitment to current strategies. Investors and analysts support its stance, noting the importance of data-driven decisions in the face of market speculation.
U.S. seeks 2-year prison term for Eric Council Jr. over false SEC news on Bitcoin ETF; sentencing aims to deter future misinformation incidents and market disruptions.
GD Culture Group secures $300 million for crypto funding, planning acquisitions & Bitcoin integration. Market responses are mixed due to financial hurdles, but the move aligns with digital asset growth.
The U.S. Treasury reported a surplus of $258 billion in April 2025, driven by increased tax revenue and record-high customs duties. Despite this surplus, concerns arise over the growing deficit.