Crypto Market Structure Bill Nears Release as Senate Committees Align
TLDR: Senate Agriculture Committee’s crypto bill could drop tomorrow, finalizing the commodities side of regulation. The draft expands CFTC oversight
Regulation
Business
Strategy Inc. Swings Back to $2.8B Q3 Profit as Bitcoin Gains Reignite Balance Sheet
TLDR: Strategy Inc. recorded $2.8B in Q3 profit driven by unrealized Bitcoin gains on its $69B crypto portfolio. The firm’s
Regulation
Canary’s XRP ETF Clears Path for Launch After Key Update: Here’s the Timeline
TLDR: Canary Funds’ XRP ETF filing removes the SEC’s delaying clause, opening the door for an auto-effective registration. The updated
Regulation
Beijing Court Sentences Five Over $166M Crypto FX Scheme
TLDR: Beijing court sentences five for using USDT to transfer over $166M across borders illegally. Illegal foreign exchange using crypto
Regulation
French Government to Review Motion for Bitcoin and Crypto Embrace
TLDR French lawmakers are set to review a proposal that could ban the digital euro and promote the use of
Business
SharpLink Moves $200M in Ethereum to Linea in Treasury Power Play
TLDR: SharpLink will allocate $200M in ETH to Linea via EtherFi and EigenCloud to enhance its DeFi-based yield strategy. The
Regulation
CFTC Gets New Leadership with Michael Selig, After Quintenz Fallout
TLDR President Donald Trump has nominated Michael Selig to lead the CFTC. Selig replaces Brian Quintenz, whose confirmation was derailed
Regulation
Crypto.com Moves Closer to U.S. Banking, Files for National Trust Charter
TLDR: Crypto.com filed a National Trust Bank Charter application with the OCC to expand regulated custody services. The Charter aims
Regulation
Crypto’s Dirty Tricks Face Extinction as the Clarity Act Moves to Clean House
TLDR: The Clarity Act splits crypto oversight between the SEC and CFTC to end years of regulatory confusion. Exchanges will
Regulation
Justin Sun-Linked HTX Sued by FCA Over Breach of UK Promo Rules
TLDR The FCA has filed a civil lawsuit against HTX in the High Court of London. HTX is accused of