Crypto Regulation Chaos: Trump Dinner, $2.5B Bitcoin Play, SEC Drops Binance Suit

Shifts in crypto regulation have unfolded: Trump’s meme-coin dinner prompted calls for a DOJ probe; banks challenged the SEC’s cyber-incident rule; Labor reversed its 401(k) crypto warning; the SEC ended its Binance case; and officials debate Bitcoin reserves and volatile oversight.
The post Crypto Regulation Chaos: Trump Dinner, $2.5B Bitcoin Play, SEC Drops Binance Suit appeared first on Cryptonews. …

JD.com Stablecoin Hits Phase 2 Hong Kong Sandbox Testing and Targets Global Payments

JD.com has entered Phase 2 of Hong Kong’s stablecoin sandbox with a fiat-pegged token aimed at cross-border payments, enterprise settlement and retail use. The firm cites supportive regulation and plans a wider launch after compliance checks, urging users to avoid unofficial purchase offers.
The post JD.com Stablecoin Hits Phase 2 Hong Kong Sandbox Testing and Targets Global Payments appeared first on Cryptonews. …

NFT Lending Volume Crashes 97% as Sector ‘Matures’, says DappRadar

NFT lending volumes have collapsed 97% since Jan 2024, falling from nearly $1 billion to $50 million. Analysts trace the slide to fading airdrop incentives and liquidations, yet consider it a maturation phase as protocols cater to long-term collectors and adopt real-world asset collateral.
The post NFT Lending Volume Crashes 97% as Sector ‘Matures’, says DappRadar appeared first on Cryptonews. …