Binance Alpha launches Shadow (SHADOW). Shadow (SHADOW) is a | WuBlockchain on Binance Square

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Binance Alpha launches Shadow (SHADOW). Shadow (SHADOW) is a decentralized exchange (DEX) on the Sonic network.

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House Republicans have introduced the Digital Asset Market Clarity Act, granting the CFTC exclusive authority over digital commodity spot markets and establishing a dual registration pathway with the CFTC or SEC based on asset type. The bill clarifies that payment stablecoins are not securities, prohibits regulators from requiring custodians to include client assets on their balance sheets, and exempts certain DeFi projects and wallet providers from SEC oversight.

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The U.S. SEC’s Division of Corporation Finance stated that certain protocol staking activities conducted on public, permissionless proof-of-stake (PoS) networks do not constitute securities transactions. It also clarified that services involving features such as slashing protection, early unstaking, reward distribution, or asset aggregation do not, by themselves, constitute an offer or sale of securities.

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According to crypto journalist Eleanor Terrett, the SEC and Binance Holdings Ltd., BAM Trading Services Inc., BAM Management US Holdings Inc., and Changpeng Zhao jointly submitted a Joint Stipulation of Dismissal and Release to the court, seeking to terminate the enforcement action.

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According to WSJ, the U.S. Court of Appeals for the Federal Circuit on May 29, 2025, issued an administrative stay, temporarily halting a lower court ruling that invalidated former President Trump’s tariffs under the International Emergency Economic Powers Act of 1977 (IEEPA). The Trump administration requested the stay and said it would seek emergency relief from the Supreme Court if the appeal fails.

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Webus International Limited announced plans for a strategic non-equity financing of up to US$300 million to establish an XRP reserve supporting global cross-border payments, while also renewing its nationwide mobility partnership with Tongcheng Travel. The proposed financing will focus on three priorities: building the XRP reserve, developing blockchain infrastructure, and accelerating global expansion.

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