House Democrats Propose Bill Banning Political Meme Coins

House Democrats have introduced a bill to bar senior officials and their families from creating or endorsing Meme Coins. The move follows controversy over political figures profiting from digital tokens, sparking debates on ethics, financial transparency, and the regulatory future of cryptocurrency.
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DraftKings Settles NFT Securities Lawsuit for $10 Million

DraftKings has agreed to a $10 million settlement over allegations of selling unregistered securities through its NFT marketplace, providing compensation to affected users who traded NFTs between August 2021 and the settlement date.
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Japan’s Metaplanet Issues $13.6 Million in Bonds to Acquire Additional Bitcoin

Japan’s Metaplanet raises $13.6 million via zero-interest bonds to fuel its Bitcoin investment drive, targeting a portfolio of 10,000 BTC by year-end 2025.This strategic decision underscores Metaplanet’s commitment to diversifying its investment portfolio and capitalizing on the opportunities presented by the burgeoning cryptocurrency market. By issuing zero-interest bonds, the company is able to raise funds without incurring interest expenses, thereby maximizing its returns on investment.
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