A joint report due on Aug. 15 may lead to the conclusion of the nearly five-year legal dispute between the SEC and Ripple Labs. Source: cointelegraph.com (Read Full Article)

The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether. Source: cointelegraph.com (Read Full Article)

The New York Department of Financial Services (NYDFS) said the fine was due to a lack of anti-money laundering oversight. Source: cointelegraph.com (Read Full Article)

With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud. Source: cointelegraph.com (Read Full Article)

Trump’s executive order comes as a group of bank associations tries to block bank applications from four digital asset firms. Source: cointelegraph.com (Read Full Article)

Federal Reserve Board of Governors member Adriana Kugler announced her resignation on Aug. 1, paving the way for a Trump nominee at the US central bank. Source: cointelegraph.com (Read Full Article)

The SEC staff guidance on liquid staking could be a boon for institutions that want to include the technology in products, but there’s still uncertainty. Source: cointelegraph.com (Read Full Article)

The brothers invested an undisclosed amount in American Bitcoin, the mining company co-founded by two of Trump’s sons and others. Source: cointelegraph.com (Read Full Article)

Ripple Labs and the SEC have both filed to drop their legal appeals in a yearslong court battle over the securities classification of the XRP token. Source: cointelegraph.com (Read Full Article)

An SBI Holdings representative told Cointelegraph that the company had not filed any crypto-asset ETF applications. Source: cointelegraph.com (Read Full Article)