Saudi Central Bank Secures $60B Bitcoin Exposure via Strategy Stake

Saudi Arabia’s Central Bank has confirmed a 25,656-share purchase of Strategy, mirroring Norway’s wealth-fund playbook and giving the Kingdom indirect exposure to 568,840 Bitcoin, valued near $60 billion. The step coincides with Saudi leadership of MENA’s crypto growth despite sparse domestic rules.
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Judge Torres Shatters SEC-Ripple Pact, Sparking Crypto Regulation Turmoil

The SEC has hit a setback after Judge Analisa Torres denied its settlement bid with Ripple, saying the request to void an injunction and cut penalties lacked legal grounds. The ruling delays efforts to dismiss appeals and complicates Chair Paul Atkins’ push for clearer crypto rules.
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Eric Trump Token Skyrockets 6,200% – Is a Solana Rug Pull Next

Eric Trump Token has rocketed 6,200% after its May 16 launch on Solana’s Pump.fun, reaching a $140M market cap. Yet blockchain sleuths warn that more than 80% of the supply sits in only 10 wallets, mirroring distribution patterns behind earlier Solana meme-coin rug pulls like WOLF and MELANIA.
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Tinian Defies Veto, Unveils First U.S. Public USD Stablecoin on eCash Network

Tinian, a Northern Mariana Islands municipality, has overridden a governor veto to issue the Marianas US Dollar, a USD-backed stablecoin on the eCash network. Backed by cash and Treasuries, it is paired with internet casino licenses to widen tourism and revenue.
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