Crypto News
Robinhood has submitted a detailed proposal to the US Securities and Exchange Commission (SEC), calling for the creation of a federal framework to regulate tokenized real-world assets (RWAs), which represent a potential $30 trillion market, Forbes reported on May 20. The 42-page filing outlines a legal infrastructure that would allow digital tokens representing traditional financial…
Key Takeaways: Lawmakers questioned SEC Chair Paul Atkins over the agency’s decision to pause its case against crypto figure Justin Sun and his involvement with a Trump-associated meme coin. The inquiry came during a congressional hearing focused on federal oversight and funding, with concerns raised about possible conflicts of interest. Atkins confirmed the SEC’s case…
Key Takeaways: Bancor has filed a patent infringement lawsuit against Uniswap Labs and the Uniswap Foundation over the origin of automated market maker (AMM) technology. The lawsuit raises fundamental questions about how intellectual property rights apply in a sector traditionally grounded in open-source development. If the court sides with Bancor, it could set a major…
Bitcoin’s (BTC) break above the $107,000 threshold shows that the recent rally is driven by robust buying amid a consolidation just below its all-time high, Glassnode said in a May 20 report. Despite trading around 40% higher than six weeks ago and setting a new record with the latest weekly close at $106,500, Bitcoin was…
Key Takeaways: Garlinghouse’s criticism of Lummis comes as Ripple attempts to expand its influence in Washington while pursuing a $4–5 billion bid to acquire USDC issuer Circle. Circle rejected Ripple’s offer and is still in talks with both Ripple and Coinbase while targeting a $5 billion IPO valuation. Coinbase is viewed as a stronger suitor…
$18 million in Trump meme coins sits in the wallet of Tron founder, Justin Sun, as the Chinese-born crypto mogul prepares to dine with President Trump at a gala reserved for holders of the cryptocurrency just outside of Washington D.C. this week. Justin Sun Confirms Wallet Speculation “Honored to support @POTUS and grateful for the…
America’s efforts to become a global hub for Bitcoin (BTC) and the wider digital asset ecosystem could serve as a foundation for a new phase of domestic economic growth, according to a report published May 20 by River. The “America Report 2025” asserted that the US is in a unique position to benefit from Bitcoin’s…
Key Takeaways: Kraken has introduced a regulated crypto derivatives platform in Europe, offering perpetual and fixed maturity contracts under the MiFID II framework. This move positions Kraken as a leading provider of regulated crypto derivatives in the European Economic Area. Kraken’s expansion indicates the growing demand for compliant digital asset trading solutions in Europe. Crypto…
Key Takeaways: Robinhood has asked the SEC to formally recognize tokenized assets like stocks and bonds as equivalent to their traditional forms. The proposed framework would allow broker-dealers to trade and custody these tokens under existing U.S. securities rules. The plan includes the new platform RRE to combine off-chain matching with on-chain settlement and integrates…
Chainlink (LINK) is showing renewed strength as its price moves higher within a well-defined rising channel pattern. After a period of consolidation, LINK has entered a rally mode, forming the channel, a classic signal of sustained upward movement. This technical setup suggests that the bulls are firmly in control, and unless a major shift in…
