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Evernorth XRP Treasury: $1B Deal Approved for Nasdaq Debut
Evernorth’s $1 billion XRP treasury deal has been approved by Armada Acquisition Corp. II shareholders, paving the way for its Nasdaq debut. The company plans to hold around 473 million XRP, marking one of the largest institutional bets on the altcoin to date.
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New York Wyoming Crypto Deal: 6-Month Licensing Fast Track
New York and Wyoming have announced a formal agreement to link their crypto regulatory systems, offering firms a potential six-month fast track for interstate licensing. The deal preserves each state’s authority while reducing duplicated compliance work.
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SEC Proposes New Crypto Custody Rules: What It Means for Bitcoin
SEC Chairman Paul Atkins admitted that U.S. securities rules have fallen behind Bitcoin’s growth since its 2008 launch. The agency responded with a new crypto custody proposal aimed at modernizing how advisers and funds protect digital assets, signaling a major shift in U.S. crypto regulation.
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Senator Daines Unveils Crypto Tax Plan: What It Means for You
Republican Senator Steve Daines has released the text of a proposed crypto tax plan aimed at creating clearer rules for digital assets like stablecoins. The bill could reshape how crypto holders report taxes and bring long-awaited regulatory clarity to the U.S. market.
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SEC Crypto Custody Rules: What Investors Need to Know
The SEC has proposed new rules governing how investment funds custody crypto assets. The regulations aim to bring institutional-grade security standards to digital asset management, potentially opening the door to broader institutional participation in Bitcoin and other cryptocurrencies.
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Hyperliquid and Circle Shape EU Crypto Rules in MiCA Review
Hyperliquid’s Policy Center and Circle have both filed formal submissions to the European Commission’s MiCA review, pushing for changes to how perpetual futures and stablecoin reserves are regulated in the EU. Their arguments could reshape crypto rules for millions of users across the bloc.
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Galaxy Adds $100M sUSDS to Treasury: DeFi Milestone
Galaxy has partnered with the Sky Frontier Foundation and added $100 million in sUSDS to its treasury. This move signals growing institutional confidence in DeFi yield-bearing stablecoins and could accelerate mainstream adoption of decentralized finance.
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Ethereum Targets 200M Gas Limit to Triple Network Speed
Ethereum developers are exploring a 200 million gas limit per block following the Glamsterdam upgrade, which would more than triple current capacity. If achieved, users can expect lower fees, faster transactions, and a much smoother experience across DeFi and NFTs.