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Cointelegraphยท2025-08-06 03:30

Regulatory & Legal Developments - Binance co-founder CZ files request for dismissal from $18 billion FTX trust lawsuit, arguing US bankruptcy court lacks jurisdiction [1] - US SEC signals that crypto liquid staking setups and receipt tokens are not considered as securities, a key signal for staking ETF issuers [1] - Brazil to conduct public hearing on August 20 on proposed national Bitcoin reserve [1] - President Trump says the Fed governor decision will be made before the end of the week, considering four people for Fed chair [1] - Trump claims banks like JPMorgan and BofA previously discriminated against him and conservative groups [2] Company Initiatives & Investments - OpenAI releases their first open source AI model, GPT-OSS [1] - Coinbase plans to raise $2 billion through convertible notes to offset dilution and support tech, operations, and potential acquisitions [1] - Michigan state pension buys 200 thousand more shares of ARK's Bitcoin ETF [3] - Coinbase now lets Canadian users buy and sell crypto using PayPal [3] Cryptocurrency & Digital Asset Adoption - Swiss AMINA Bank becomes the first in the world to support trading and custody for $SUI [3]