Ripple's David Schwartz has dismissed a sweeping $286 billion Bitcoin lawsuit as legally flawed, calling the jurisdictional logic "comically bad." Filed by a pseudonymous New York man targeting over 39,000 dormant wallets, the case has drawn widespread skepticism from crypto industry figures....
Treasury Secretary Scott Bessent has called on Congress to swiftly pass the Digital Asset Market Clarity Act, arguing the U.S. must become the global home for crypto. The bill passed the House in July 2025 but faces an uncertain path through the Senate....
Ripple CEO Brad Garlinghouse has declared that the so-called "Anti-Crypto Army" has been defeated "by the courts" and "by the voters," while Senator Elizabeth Warren continues to push back, recently demanding OCC details on Ripple's national trust charter approval....
Kalshi has filed a federal lawsuit seeking to block Minnesota's new law that classifies prediction market operations as a felony, siding with the Trump administration, which had already sued the state through the DOJ and CFTC....
The CFTC and Gemini have jointly moved to overturn a January 2025 consent order and $5 million penalty, with the regulator now saying the original 2022 complaint should never have been filed and was based on evidence of questionable credibility....
The ECB's April meeting account reveals that upside inflation risks and downside growth risks had both intensified, with several members saying they would not have opposed a rate hike at that meeting, signaling a likely move in June....
RBNZ Governor Anna Breman confirmed the central bank held the OCR at 2.25% due to Middle East conflict uncertainty, with the committee split 3-3 on timing — not direction — of future rate hikes. All members agreed increases would likely be needed this year....
Rep. Brad Sherman, one of Congress's most vocal crypto critics, is facing a primary challenge from crypto-friendly candidate Jake Levine in California's 32nd district, despite holding a strong lead and cash advantage heading into the June 2nd primary....
Vitalik Buterin announced the Ethereum Foundation will shrink into a "smaller ship" focused on the CROPS framework, sell less ETH, and reduce its operational breadth amid a wave of high-profile departures from the organization....
ECB policymaker Isabel Schnabel has called for a June interest rate hike, arguing that even a peace deal between the US and Iran would not eliminate the need for policy action given lasting damage to energy infrastructure and rising inflation risks....
Y Combinator co-founder Paul Graham has warned Democrats that embracing Senator Elizabeth Warren risks repeating the mistakes that pushed Silicon Valley toward the Republican Party, calling her anti-crypto stance a "pure own-goal" that cost the party dearly....
Japan's PM Takaichi has confirmed energy bill relief measures for households from July to September, backed by ¥500 billion in reserves and an extra budget exceeding ¥3 trillion financed through new deficit bonds....
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