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A US federal court has delivered a sweeping rebuke to President Donald Trump’s signature trade policy, ruling that his administration’s imposition of tariffs under the guise of a national emergency exceeded constitutional authority.
The landmark decision from the US Court of International Trade immediately throws Trump’s tariff regime into legal limbo and global trade negotiations into chaos.
US...
VivoPower International announced on May 28 that it had agreed with investors for a $121 million private capital raise to fund the company’s transition into an XRP-focused treasury platform.
The company focuses on electric batteries, vehicles, and solar power solutions. Its subsidiary, Tembo, produces electric vehicles focused on “ruggedised electric mobility” for the mining and industrial...
Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price zone of interest.
Glassnode’s May 28 report highlighted elevated investor profitability, rising accumulation, and robust exchange flows. These conditions resemble past bull market peaks.
Bitcoin hit a new all-time high of $111,000 before pulling back to $107,...
US Vice President JD Vance on May 28 said Operation Chokepoint 2.0 is “dead,” using his address at the 2025 Bitcoin Conference in Las Vegas to declare the end of federal regulatory actions that targeted the crypto sector and the beginning of legislative support for this industry.
Vance said the President Donald Trump administration has ended what he described as the “weaponization of federal...
The US Securities and Exchange Commission released the agenda for its upcoming roundtable, “DeFi and the American Spirit,” scheduled for June 9 at its Washington, D.C. headquarters.
Organized by the agency’s Crypto Task Force, the half-day event is the fifth in an ongoing series designed to explore regulatory approaches to digital assets. The latest session will focus specifically on the DeFi...
BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28.
People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering.
Orders for the offering have reportedly exceeded the number of shares available, with...
The US Department of Labor (DOL) formally rescinded a 2022 compliance release that discouraged fiduciaries from offering crypto investment options in 401(k) retirement plans, according to a May 28 announcement.
The decision withdraws “Compliance Assistance Release No. 2022-01,” which directed fiduciaries to exercise “extreme care” before including digital assets in retirement plan investment...
The International Monetary Fund (IMF) has again called on El Salvador to keep its Bitcoin holdings unchanged.
In a statement released on May 27, the IMF said government-owned wallets must not increase their BTC reserves and also urged the country to fully exit its role in the Chivo wallet by the end of July.
According to the global financial body:
“Efforts will continue to ensure that the total...
Ripple has donated the controversial “Skull of Satoshi” sculpture to the Bitcoin community in a symbolic move to foster cross-chain unity.
The donation was made during the Bitcoin Conference on May 28, marking an unexpected collaboration moment between two long-standing crypto industry rivals.
Ripple CEO Brad Garlinghouse described the move as a symbolic gesture to promote dialogue and solidarity...
Telegram is no longer just a privacy-first chat app for crypto bros. With a dramatic one-two punch, a $300 million alliance with Elon Musk’s xAI and a $1.5 billion high-yield bond raise, Telegram has moved from insurgent platform to profit engine.
TON jumped 15% after Durov confirmed the collaboration.
Yet its future, including IPO prospects, remains hostage to a legal tangle playing out in...