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Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration


The U.S. Senate passed the GENIUS Stablecoin Act on June 17, 2025, marking a major step toward federal regulation of stablecoins. GENIUS Act Clears Senate, STABLE Act Clash Looms in House The bill—formally titled the Guiding and Establishing National Innovation for U.S. Stablecoins Act—establishes...

Hong Kong SFC Considering Ether Staking for Ethereum ETFs


Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing the issuers of Ethereum ETFs to offer Ether staking. The post Hong Kong SFC Considering Ether Staking for Ethereum ETFs appeared first on Cryptonews

Synapse Network Embarks On A Historic Journey By Migrating To zkSync


Synapse Network , a leading cross-chain launchpad, is embarking on a groundbreaking journey by migrating its native token, $SNP (soon to be $zkSNP), to zkSync, heralding the dawn of the era of Zero Knowledge and Layer Zero integration. Notably, $SNP is set to become the first-ever omnichain...

SEC Denies Coinbase Push for Crypto Regulation, Cites Own Priorities


The SEC rejected Coinbase’s plea for customized crypto regulations, preferring to apply traditional securities laws. Image by RareStock, Adobe Stock. The Securities and Exchange Commission (SEC) rejected a petition by cryptocurrency exchange Coinbase on Friday requesting the creation...

SBF Decides Against Filing Post-Trial Motions, Shifts Focus to Appeal


The lawyers of disgraced FTX founder, Sam Bankman-Fried, have decided to not file any post-trial motions following his fraud conviction on November 2nd, according to a letter filed by his attorneys on December 1st. SBF’s potential appeal “After further consideration, we have decided not to file...

Hong Kong is Considering Allowing Spot Crypto ETFs, SFC Head Reveals


Hong Kong is considering allowing spot exchange-traded funds (ETFs) that directly invest in cryptocurrencies. Julia Leung, Chief Executive Officer of the Securities and Futures Commission (SFC), revealed that the option of granting retail investors access to spot crypto ETFs is under consideration...

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