1. Binance Seeks U.S. Oversight Relief Binance is negotiating with U.S. officials to reduce regulatory monitoring while exploring a stablecoin deal with a Trump-backed firm.
2. DOJ Disbands Crypto Fraud Unit The Department of Justice is disbanding its National Cryptocurrency Enforcement Team, shifting focus to prosecuting serious crimes involving digital assets.
3. Bitcoin Surpasses $84.5K Amid Tariff Exemptions BTC rises over 1.5% to $84,900 following U.S. tariff exemptions on key tech products, signaling potential market recovery.
4. Ripple Acquires Hidden Road for $1.25 Billion Ripple announces acquisition of credit network Hidden Road, aiming to integrate crypto operations with traditional finance services.
5. U.S. Treasury Seeks Input on Stablecoins The U.S. Treasury is soliciting feedback from primary dealers on the role of stablecoins in Treasury markets amid regulatory considerations.
Sam Bankman-Fried Transferred to New Prison FTX founder Sam Bankman-Fried has been moved to Terminal Island Prison to serve his 25-year sentence. The facility is known for its strict conditions.
Ripple Resolves SEC Case, XRP Rallies Ripple has settled its long-standing case with the SEC for $50 million. XRP’s price saw an immediate boost as investor sentiment turned positive.
Regulatory Shift: U.S. Relaxes Crypto Oversight Under the Trump administration, the DOJ’s crypto enforcement team has been dismantled. Legal experts express concern over potential regulatory gaps.
Binance in Talks with Trump-Backed Crypto Venture Binance is negotiating with World Liberty Financial, supported by the Trump family, to list a new stablecoin (USD1). The exchange is also seeking reduced U.S. oversight.
Bitcoin Surpasses $84K Following Tariff Exemptions Bitcoin (BTC) has surged past $84,000, boosted by the U.S. decision to exempt key tech products from tariffs. Investor confidence is growing across the market.
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