Crypto

Texas Man Sues Attorney General Over DOJ’s Prosecution of Crypto Software Devs

The plaintiff is seeking a declaratory judgment protecting his forthcoming crypto crowdfunding project from being prosecuted for unlicensed money transmitting.

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Crypto’s Senate Ally Lummis Pushes Federal Agencies on Digital Assets Issues

Senator Cynthia Lummis, set to lead the Senate Banking Committee’s digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking.

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Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency

Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump’s Treasury secretary nominee, only addressed crypto briefly.

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EToro, Crypto-Friendly Trading Platform, Files for U.S. IPO

The trading platform is seeking a $5 billion valuation and could list as soon as the second quarter, the Financial Times said

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Why Litecoin Might Be the Next Crypto to Get Its ETF

Canary Funds’ litecoin ETF filings were recently amended, potentially indicating that the SEC is engaging with the filing.

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Bitcoin Poised to Top Record as Trump Inauguration Nears, Major Coins Due for 10% Swings: Traders

Wednesday’s soft U.S. core CPI has opened doors for traders to focus on Trump’s swearing in and the possibility of first-day pro-crypto announcement.

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XRP’s Bullish Momentum Strongest Since January 2018 as Futures Open Interest Hits Record High

XRP’s price rise is accompanied by record perpetual futures open interest and surge in trading volumes.

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The Protocol: Sony Launches Blockchain to Controversy

Also: Bubblemaps roadmap; Babylon interoperability

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UK Appoints Emma Reynolds as Economic Secretary to Oversee Crypto

Emma Reynolds was appointed as the new economic secretary following the resignation of Tulip Siddiq.

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U.S. Judges Demand SEC ‘Explain Itself’ for Rebuffing Requests for Crypto Rules

In another 11th-hour court loss for Chair Gary Gensler’s tenure, judges in a Coinbase case again call the SEC’s crypto position “arbitrary and capricious.”

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