Crypto News

India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This move follows a surge in global acceptance, particularly after U.S. President Donald Trump endorsed digital currencies, signaling a major policy shift. In India,Source link

A highly leveraged Bitcoin position on Hyperliquid was liquidated for over $100 million on Thursday, despite the asset's limited movement.Source link

Ripple’s RLUSD stablecoin explodes across global markets with new listings, major integrations, and zero-fee campaigns fueling institutional and retail adoption. RLUSD Hits New Platforms—Fiat Onramps, Incentives, and Zero Barriers Ripple Labs’ RLUSD stablecoin is gaining widespread traction, with its footprint now extended across a growing list of trading platforms and financial service providers. Initially launchedSource link

Crypto staking, under certain circumstances, does not appear to implicate U.S. securities law, a branch of the U.S. Securities and Exchange Commission said late Thursday.The SEC's Division of Corporation Finance published a staff statement — the latest in a series from the regulator — spelling out how the regulator may evaluate proof-of-stake networks, mainly noting that covered activities do not "involve the offer and sale of securities" — meaning the SEC won't sue any person or company participating in those activities.Node operators and validators, custodians, delegates, nominators and entities staking assets either on their own, staking directly with a third party or staking on behalf of an asset's owners fall into this bucket, the staff statement said. In this, the...

The Treasury Department's Office of Foreign Assets Control imposed sanctions on Funnull Technology and its administrator for enabling global fraud schemes.Source link