
Latest from Nikhilesh De
TORN Spikes 5% After U.S. Appeals Court Okays End of Another Tornado Cash Lawsuit
The Eleventh Circuit Court of Appeals ruled on July 3 that Coin Center could dismiss its lawsuit against the Treasury Department.

SEC Sets July Deadline for Solana ETF Refilings, Clearing Path for Pre-October Approval
The first final deadline for a spot Solana exchange-traded fund is October 10, but the Securities and Exchange Commission is under pressure to keep the approval process moving smoothly, sources say.

SEC's Pause of Grayscale Fund Is Likely Temporary
The Commission’s pause on Grayscale’s Digital Large Cap Fund ETF is likely tied to listing standards, not politics, sources say.

Crypto Tax Proposal That Didn't Make It to Trump's Budget Bill Pushed on Its Own
Senator Cynthia Lummis has introduced a standalone bill to pursue the same objectives to ease up on several tax concerns involving digital assets activity.

Why Doesn't the U.S. Have a Bitcoin Reserve, Yet?
The latest comments from government officials at the center of that effort suggest U.S. bitcoin advocates may still have a wait ahead of them.

Swiss Bank AMINA Introduces Custody, Trading With Ripple’s RLUSD Stablecoin
The crypto-friendly financial services firm claims to be the first global bank to support Ripple's stablecoin.

OpenAI Warns That Tokenized Equity Sale on Robinhood Is Unauthorized
"Any transfer of OpenAI equity requires our approval — we did not approve any transfer,” the company said in a statement.

NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
Celsius has accused Tether of improperly liquidating nearly 40,000 bitcoins in order to cover an outstanding loan while it was on the precipice of bankruptcy in 2022.

SEC Halts Grayscale Large Cap Fund Conversion for 'Review' a Day After Staff Approval
The SEC's commissioners are reviewing Grayscale's uplisting of a large cap fund, a letter from the agency said.

Ripple Applies for Federal Bank Trust Charter, XRP Jumps 3%
The application follows stablecoin issuer Circle's similar effort to expand crypto services and move into federal regulatory oversight.
