Regulation
Ripple’s CEO posted on X that the SEC was dropping its appeal against the company, but it may not get the clean victory that it is promoting.
Before the cameras turned on, attendees got to share their crypto wish lists with the White House. Here’s what they had to say.
DeFi
At the last minute, Crypto.com went against its community’s wishes to push through a proposal to reissue tokens that were supposedly taken out of circulation forever in 2021.
Digitized dollars have long been crypto traders’ preferred way to wait out volatility. A yield-bearing alternative is starting to look more appealing.
Business
CZ has had little involvement with Binance’s U.S. franchise since his 2024 settlement with the Justice Department.
Crypto.com burned 70% of the CRO token supply in 2021. Now, it wants a do-over to package the tokens into an ETF.
The OCC, a bank regulator, also issued guidance reversing its previous stance on cryptocurrency shortly after the summit.
Markets
The reserve would be made up of bitcoin the government already owns from criminal or civil asset forfeiture proceedings, while the stockpile would also include other digital assets.
Crypto advocates are working to curry influence on key policy decisions. But when it came to Trump’s announcement, they were left out in the cold.
New reporting indicates that Ripple’s own executives were aware that a reserve that did not include other, more reputable altcoins would be seen as problematic.
