U.S. Treasury Department proposes GENIUS Act stablecoin rule
The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year. Source：CoinDesk
Binance handed user data to Russia that led to a Ukrainian donor's arrest
Binance says it cooperates with lawful requests, despite exiting the Russian market in 2023 to improve its compliance strategy. Source：CoinDesk
The SEC meeting that wasn't: State of Crypto
There were hopes that regulators could move if the Clarity Act didn't advance, but those, too, may be paused. Source：CoinDesk
Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
The Energy Ministry enacted the yearround restriction to mitigate power capacity shortages, as energyintensive mining facilities continue to strain regional…
Trump expected to attend White House meeting with crypto CEOs, sources say
Those involved in a meeting of CEOs from the worlds of crypto, prediction markets and AI anticipate President Donald Trump will take part in next week's…
Trump-backed World Liberty wins conditional bank charter from federal regulator
The Office of the Comptroller of the Currency said it granted "preliminary conditional approval" to World Liberty Trust Co. on Friday. Source：CoinDesk
U.S. SEC to again delay 'innovation exemption' for tokenization amid Wall Street, White House concerns
The SEC was ready to release at least some part of the innovation exemption alongside its nowcanceled open meeting for "Reg Crypto" on Friday. Source：CoinDesk
SEC cancels long-awaited proposal of Reg Crypto, postponing meeting without new date
The first major crypto rule to be proposed by the U.S. Securities and Exchange Commission will have to wait a bit longer after a sudden postponement.…
Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.…
Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Zerohash, which handles crypto plumbing for Morgan Stanley's ETrade, said it's planning on refiling and hoping for a swift resolution. Source：CoinDesk
FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off
The flighttracking company voluntarily dismissed, without prejudice and without sharing a motive for its decision. However, the flight cancellation market…
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Nonqualified investors face a 300,000ruble (approx. $3,600) annual purchase limit per intermediary, while qualified investors have no cap. Source：CoinDesk