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Digital Chamber sues Illinois officials over new state 0.2% crypto tax

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The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.

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US SEC follows CFTC in staff guidance for crypto

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With the failed cloture vote on the CLARITY Act, the SEC announced updates on how federal securities laws could apply to token issuers, following similar guidance from the CFTC.

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Bybit accepts Franklin Templeton tokenized funds as trading collateral

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Eligible institutions can pledge Benji-issued fund shares for stablecoin credit lines while keeping the underlying assets in off-exchange custody.

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Crypto PAC spends $11M to oppose Sherrod Brown in Ohio

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Fairshake pledged an initial $30 million on media opposing the Democratic candidate in Ohio’s Senate race in what some see as a repeat of spending by the crypto industry in 2024.

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