SEC says protocol staking on PoS networks is not a securities

Key Takeaways The SEC clarified that protocol staking on PoS networks is not considered a securities offering. Staking activities and related services are classified as administrative or ministerial rather than entrepreneurial. Share this article The US SEC has clarified that certain protocol staking activities on proof-of-stake (PoS) networks do not constitute securities offerings under federal…

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US markets close green as Trump tariff drama muddies outlook

U.S. stocks rose Thursday, with the S&P 500 up 0.4%, after Nvidia’s strong first-quarter earnings lifted sentiment.  However, gains were tempered by renewed uncertainty over President Donald Trump’s tariff policy following conflicting court decisions. The tech-heavy Nasdaq Composite also climbed 0.39%, while the Dow Jones Industrial Average added 127 points, or 0.3%, despite a 3.4%…

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Continental Europe’s biggest bank explores stablecoin, Bitcoin retail offerings

Key Takeaways Banco Santander SA is exploring entering the stablecoin market and offering retail crypto services through its digital banking unit Openbank. Santander’s plans include considering euro and dollar denominated stablecoins, with potential launches dependent on obtaining regulatory approvals. Share this article Banco Santander SA, which has recently surpassed UBS to become continental Europe’s largest…

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3 Bullish and 2 Bearish Factors to Watch

TL;DR Bitcoin continues to show signs of strength, with indicators pointing toward sustained interest and potential for continued growth. While sentiment is overwhelmingly positive, similar conditions in the past have sometimes preceded sharp corrections, reminding investors to stay vigilant. The Bullish Elements Bitcoin (BTC) made history on May 22 by surging to nearly $112,000 –…

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US government sanctions Philippines firm over massive crypto scam infrastructure

The U.S. Treasury Department on Thursday sanctioned Funnull Technology Inc., a Philippines-based firm allegedly at the center of a vast cyber fraud network enabling cryptocurrency scams.  Funnull is accused of providing technical infrastructure for hundreds of thousands of websites linked to so-called “pig butchering” scams — complex social engineering schemes where fraudsters pose as romantic…

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