TREE NEWS reports: Samuel Tunick, facing five years in prison over a wiped phone, claims he was secretly placed on a terrorist watch list. He asserts that the government does not own our data, highlighting privacy concerns in the digital age.
TREE NEWS update: Manpreet Kohli, accused of making $20 million from an alleged scheme to manipulate the Saitama token, is a step closer to facing trial in Boston. The extradition case highlights regulatory scrutiny on crypto executives.
TREE NEWS update: The SEC has sent its proposed overhaul of crypto custody rules to the White House for review, potentially clarifying how investment advisers and funds hold digital assets for clients. The move signals progress in the regulatory framework for digital asset custody.
TREE NEWS update: A new survey reveals that 77% of Americans view cryptocurrencies in workplace retirement plans as risky, reflecting broad skepticism. This comes as US policymakers consider expanding access to alternative assets in retirement savings.
TREE NEWS reports: The SEC has sent a proposal to the White House aiming to modernize crypto custody regulations, despite a stalled vote on the Clarity Act. This move signals continued regulatory focus on digital asset custody standards.
TREE NEWS reports: The SEC’s proposed crypto asset regulation may not spark a new wave of ICOs. Analysts believe the regulatory framework could actually deter speculative token offerings.
TREE NEWS update: The SEC’s proposed ‘regulation crypto assets’ rules may create early-round FOMO, but many tokens could still fall into a gray area between security and non-security. The proposals are unlikely to trigger a new ICO boom.
TREE NEWS reports: The U.S. Securities and Exchange Commission has submitted a draft of new cryptocurrency custody regulations to the White House. The proposal aims to update rules for digital asset custody, potentially impacting how crypto firms safeguard client funds. This move signals continued regulatory focus on the crypto sector.
TREE NEWS reports: Coinbase executives have published an article refuting arguments from the banking industry against stablecoin rewards. They argue that such opposition is unfounded and that stablecoin incentives benefit consumers and the broader financial system. The piece aims to counter regulatory pushback and promote the adoption of stablecoins.
TREE NEWS reports: HPC and TradeXYZ have jointly written to the CFTC, calling for energy perpetual contracts to be brought under US regulatory oversight. The move aims to enhance market integrity and investor protection in the digital asset derivatives space.
TREE NEWS update: Aqua 1 Foundation, the largest buyer of WLFI tokens, is controlled by Zhou Guren, a Chinese national listed as a dishonest debtor in China with ~25 million yuan in unpaid debts and involved in a UK money laundering case. Blockchain analysis links Aqua 1 to Web3Port, raising compliance concerns for WLFI.
TREE NEWS update: Japan’s FSA, Finance Ministry, BOJ and financial institutions plan to study blockchain infrastructure for securities cash settlement, aiming to produce a development plan by early 2027. This move could modernize Japan’s financial market infrastructure and potentially boost RWA tokenization.
TREE NEWS reports: Judge Katherine Polk Failla has adjourned Roman Storm’s retrial for over six months, moving it to April 2027. The decision comes as his motion for acquittal remains undecided, prolonging the legal uncertainty for the Tornado Cash developer.
TREE NEWS reports: The Zcash spot ETF has dropped 8% since its launch, ending a 60% price surge. The decline reflects typical post-listing volatility and profit-taking after the initial hype.
TREE NEWS reports: Iran’s currency, the rial, plunged to an all-time low following new US sanctions that, for the first time, explicitly target digital assets. The move highlights the growing intersection of geopolitics and crypto regulation, potentially impacting global markets and crypto adoption in sanctioned regions.
TREE NEWS update: A US judge has adjourned the retrial of Tornado Cash developer Roman Storm to April 2027, pending his motion for acquittal and request for a continuance. The delay extends the legal uncertainty for the crypto privacy tool’s co-founder.
TREE NEWS update: The main suspect in a Czech darknet money laundering case has signaled willingness to cooperate, potentially involving a $44 million Bitcoin donation. This development could impact the investigation and the handling of the seized assets.
TREE NEWS reports: Chainalysis has identified over 29,000 cryptocurrency addresses linked to child sexual abuse material (CSAM) networks across 125 countries through its ‘Operation Lighthouse’ initiative. The investigation highlights the use of crypto in illicit activities and the firm’s role in aiding law enforcement. This underscores ongoing efforts to combat financial crimes in the digital asset space.
TREE NEWS reports: The retrial of Tornado Cash developer Roman Storm has been postponed to April 2027. This delay extends the legal uncertainty for the crypto privacy tool, with implications for developers and the broader DeFi ecosystem.
TREE NEWS update: Circle has received final OCC approval to establish a National Trust Bank, becoming one of the first stablecoin issuers to enter the US federal banking system. This move, driven by the GENIUS Act’s regulatory framework, signals a shift from restrictive to integrative regulation of Web3 infrastructure, with implications for stablecoin issuance and payment infrastructure. The charter allows Circle to operate under federal oversight, potentially reducing state-level compliance costs and enabling future access to Federal Reserve payment systems.
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