Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report
Anton Tkachev proposed “assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies.”
Policy
Crypto Groups Push Ads, Letters to Oppose Democrat’s SEC Commissioner Nomination
The Cedar Innovation Foundation and other crypto organizations are lobbying against the re-nomination of Commissioner Caroline Crenshaw.
El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT
Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore.
FSOC’s Still Worried About Stablecoins
The group’s 2024 report once again highlighted FSOC’s longstanding concerns about stablecoins.
Memecoin Factory Pump.Fun Bans U.K. Crypto Traders
Earlier this week, the U.K.’s main financial regulator warned Pump.fun was operating without permission.
U.S. Regulator Told Banks to Avoid Crypto, Letters Obtained by Coinbase Reveal
Coinbase’s Paul Grewal says this is hard evidence proving the industry hasn’t been spouting conspiracy theories about being shoved out of U.S. banking.
DYdX Surges 30% as Trump Names David Sacks as ‘AI and Crypto Czar’
The “PayPal Mafia” alum will work to ensure the crypto industry has the legal framework and clarity it has been asking for, Trump said in a TruthSocial post.
Circle Claims Bragging Rights of USDC Becoming First Regulated Stablecoin in Canada
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.
Vitalik Buterin Donated $1M in Ether to Coin Center Hours After Tornado Cash Victory
Vitalik Buterin donated 30 ETH, worth just over $1 million, to Coin Center on Tuesday night.
The donation came hours after a Coinbase-backed suit challenging U.S. sanctions against Tornado Cash won an appeals court victory.
Coin Center is pursuing its own lawsuit against the Treasury Department’s sanctions in a different appeals court.
Ripple Drops Another $25M Into Crypto PAC to Sway 2026 Congressional Races
Fairshake will have a whopping $103 million to spend on the next U.S. congressional election — so far — thanks to another $25 million just promised from Ripple Labs.
This latest contribution puts the political action committee in a powerful position to repeat its successes from this year’s elections, in which dozens of its favored pro-crypto candidates won their races.