The CFTC Chair was testifying on the regulator’s 2025 budget request. Source
'Congress Needs to Act' on Crypto Regulations, CFTC Chair Behnam Tells Lawmakers
Category: ICO
Ethereum Fees Set to Drop for Arbitrum, Polygon, Starknet, Base. But How Much?
Leading figures behind layer-2 teams told CoinDesk how Ethereum’s upcoming Dencun upgrade will affect their networks. Source
UK Launches Consultation on Implementing OECD Crypto Reporting Framework
The U.K. government believes implementing the reporting framework could draw in 35 million pounds ($45 million) from 2026. Source
Web3 App Store Magic Square Unveils $66M Grant Program
Magic Square’s Ecosystem Grant Program consists of 120 million SQR, equivalent to 12% of the token’s total supply. Source
Digital Currency Group Files for Dismissal of New York Attorney General’s Lawsuit
The crypto firm’s boss, Barry Silbert, also filed a motion to dismiss the Attorney General’s accusation that he concealed losses at the firms and so cheated customers and investors. Source
Biden and Trump-Themed Meme Coins Take Center Stage on Solana
A new breed of meme coins have spawned on Solana this week with speculators hopping on a new wave of cartoonish coins focused around politicians and celebrities. Source
ICO launches “consent or pay” call for views and updates on cookie compliance work
Stephen Almond, Executive Director, Regulatory Risk, leads the ICO’s team responsible for anticipating, understanding and shaping the impacts of emerging technology and innovation on people and society. As part of our cookie compliance work, I committed to providing the online advertising industry with clarity on ways in which it can use advertising cookies in compliance with data protection law. One proposed model is a “consent or pay” mechanism. This gives people the choice to use a website for free, but only if they consent to their personal information being used…
Solana Meme Coin Dogwifhat Surges 48%, Outperforming BONK, DOGE
WIF traded nearly $1 billion in the past 24 hours, CoinGecko data shows. It is the first major meme token with a price of over $1. Meme tokens usually tend to have a significantly large circulating supply – and prices of any major meme, such as dogecoin (DOGE) or shiba inu {{SHIB}], have never crossed the psychologically large $1 mark. Source
Revolut Launches Direct Crypto Purchase Into MetaMask Wallets in Bid to Simplify Web3
“This partnership is really about giving our users what they want – more control over their crypto, in a straightforward way, using platforms they already know and trust,” said Lorenzo Santos, senior product manager at Consensys (the developer behind MetaMask). Source
European Crypto Exchange Bitstamp Receives In-Principle Approval in Singapore
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