In this weekly recap, we cover:
- Operation Choke Point 2.0: Trump saya he’ll ease crypto banking restrictions.
- BITCOIN Act Returns: Senator Lummis proposes massive U.S. Bitcoin purchase.
- IRS Rule Overturned: Congress scraps controversial DeFi reporting requirement.
- OKX Denies Probe: Exchange pushes back against EU laundering accusations.
- Binance Gets $2B Boost: Abu Dhabi’s MGX makes historic investment.
- Fidelity Ethereum ETF Eyes Staking: Cboe seeks approval for staking returns.
- Hyperliquid Takes $4M Hit: Huge Ethereum liquidation shakes DeFi protocol.
- Trader’s $714K Sandwich Attack: Massive trading loss raises suspicions of money laundering.