Senate Banking Committee Advances Paul Atkins to Lead SEC 13-11

Paul Atkins, former SEC commissioner and Trump’s nominee for SEC Chair, secured committee approval in a 13–11 vote, sparking debate over his crypto ties, past regulatory record, and potential policy shifts.
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Illinois Drops Coinbase Staking Lawsuit, Following Other U.S. States

Illinois plans to drop its lawsuit against Coinbase over staking services, joining other states in easing legal actions, though some cases remain open, reflecting shifting regulatory dynamics in the crypto industry.
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Trump Sell-off: Bearish Conditions Persist After Tariff Announcement: CryptoQuant

Crypto markets dropped sharply following Trump’s announcement of tariffs on over 100 countries, with BTC plunging from $88K to $83K and ETH down 6%. Exchange inflows and falling open interest point to widespread profit-taking and bearish positioning, according to CryptoQuant.
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