On June 12, Coinbase, one of the biggest names in the U.S. crypto game, revealed that it’s getting ready to launch perpetual futures trading for U.S. users, this time fully under the watch of the Commodity Futures Trading Commission (CFTC). The news dropped during the State of Crypto Summit in
A key judgement rattled the crypto legal landscape as the U.S. District Judge Arun Subramaniam overruled key fraud and market manipulation verdicts against Avraham Eisenberg, the investor charged with coordinating the well-known $110 million Mango Markets exploit. Eisenberg had previously suffered multiple legal charges for his role in manipulating in
The DeFi education fund has requested the Trump administration to put a stop to what it describes as the lawless prosecution against open-source software developers such as Roman Storm, one of the founders of Tornado Cash. The education fund wrote a letter to White House crypto czar David Sacks on
Early in 2025, a revolutionary transition started setting off: the concept of a Strategic Bitcoin Reserve — previously a vision for the future began taking shape. At the federal level, the United States pioneered when former President Donald Trump signed an executive order to form the Strategic Bitcoin Reserve and
Another US State, New Hampshire, has added a new milestone as House Bill 302 has passed its second Senate Committee. The bill mentions permission to the state to invest in Bitcoin and valuable metals. In January 2025, the bill was introduced, and as of now, it has cleared four major
Donald Trump tariffs that imminent “Liberation Day” announcement on April 2 is causing shockwaves in global markets, with talk of a devastating crash hanging over both traditional stocks and cryptoassets. The past two days have seen the market respond negatively, with widespread sell-offs growing. Trump Tariffs That Would Rock Global
Robinhood, has agreed to pay an astonishing $29.75 million to settle FINRA probes of its supervisory and compliance practices. Robinhood’s Regulatory Failures The deal follows a series of missteps that landed Robinhood in regulators’ crosshairs, such as anti-money laundering, supervisory, and customer protection rule breaches. The issues began amidst heightened
Trump announced forming a U.S. Crypto Strategic Reserve, where he opted to add XRP, Solana (SOL), and Cardano (ADA) as initial assets, later followed by Bitcoin (BTC) and Ethereum (ETH). The move, announced on Truth Social on March 2, 2025, aims to position America as a global leader in crypto.
Union groups have filed a lawsuit against the US Treasury. They accuse the Treasury of breaking federal laws. The lawsuit claims that sensitive financial and personal information is being shared unlawfully. The groups say this data is going to Elon Musk’s Department of Government Efficiency (DOGE). This group is linked
Musk’s DOGE Takes on the US Treasury Elon Musk’s Department of Government Efficiency (D.O.G.E.) is gaining attention in Washington, especially after targeting the US Treasury. The development has led to the resignation of a top Treasury official, David Lebryk, reportedly due to disagreements with Musk’s allies. According to reports, the
