SEC Seeks Dismissal of Binance Lawsuit in Joint Filing
The SEC has moved to dismiss its lawsuit against Binance, according to a May 29 court filing.
New US Crypto Bill Sets Strict Rules for Exchanges and Developers
The “CLARITY Act of 2025,” introduced by Representative French Hill with bipartisan support, outlines a comprehensive regulatory framework for digital assets, with significant implications for crypto businesses.
Pakistan Establishes Sovereign Bitcoin Reserve in Policy Reversal
The Government of Pakistan has authorized the creation of a national Bitcoin strategic reserve, Crypto Council Chairman Bilal Bin Saqib announced May 28 at the Bitcoin 2025 conference in Las Vegas.
Court Freezes $57M USDC in LIBRA Case: On-Chain Data Confirms
Nearly $57.65 million in USDC has been frozen following a court order in the LIBRA memecoin lawsuit.
US Labor Dept. Rescinds Crypto Limits for 401(k)s
The US Labor Department has revoked its 2022 guidance discouraging cryptocurrency in 401(k) plans.
IMF’s $120M Deal Tests El Salvador’s Bitcoin Commitment
A new IMF agreement grants El Salvador $120 million but imposes strict limits on Bitcoin activity, including a Chivo wallet phase-out.
SEC Review Begins for 21Shares’ Sui ETF After Nasdaq Filing
Nasdaq has formally initiated the SEC’s review of 21Shares’ spot Sui ETF with a May 23 19b-4 filing.
