🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 SEC has officially filed for a $50 million settlement with Ripple over XRP lawsuit. 🔹 Former Celsius CEO Alex Mashinsky has been sentenced to 144 months (12 years) in prison for crypto fraud. 🔸 The GENIUS Act failed to pass Senate. 🔹 The Office of the Comptroller of the Currency confirms that national banks and federal savings associations “may engage in certain cryptocurrency activities.” 🔸 Trump announced a new trade deal with the UK lowering barriers for key goods, cutting auto tariffs to 10%, and exempting steel and aluminum from tariffs. 🔹 Missouri set to become first US state to exempt capital gains taxes on stocks, crypto and real estate. 🔸 Coinbase to acquire crypto options platform Deribit for $2.9B, expanding its offerings in the crypto derivatives market. 🔹 Ethereum Foundation allocates $32.65M in Q1 2025 funding to support community, education, ZK proofs, and ecosystem growth. 🔸 Bank of England cuts interest rates by 0.25% to 4.25%, citing Trump’s tariff trade war as a key factor. 🔹 Trump says Jerome Powell is “a fool” and claims there’s virtually no inflation as tariff money pours into the US.
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