Regulatory Landscape - Pennsylvania House introduces a bill to ban public officials from trading Bitcoin and crypto [1] - CFTC announces crypto sprint initiative to implement Trump administration's crypto recommendations [1] - DOJ clarifies new charges will not apply to truly decentralized, peer-to-peer software without third-party custody [1] - Gemini secures MiCA license from MFSA [4] Market Trends & Stablecoins - Onchain sleuth links $YZY sniper wallet to $LIBRA insiders, extracting nearly $23 million across both launches [2] - Justin Sun says Tron community will adjust network fees as TRX price and transaction costs rise [3] - WLFI minted $205 million in USD1, boosting its supply to $24 billion [3] - Bank of America says stablecoin demand for Treasuries could rise by $25 billion–$75 billion [4] - MetaMask unveils first native stablecoin $mUSD [4] Institutional Engagement - Tether and Circle execs to meet South Korea's largest banks this week [4]
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Cointelegraph·2025-08-22 03:00