Trump Energizes Crypto Market by Challenging Regulatory Stance
By: cointurk|2025/05/08 02:15:02
0
Share
Coinbase is at the forefront in advocating for cryptocurrency regulations in the US. The platform has incurred significant legal expenses but remains determined to counter anti-cryptocurrency policies from the government. With Trump in power, the markets have relaxed, paving the way to uncover obscured documentation from the past. XRP and ETH: Securities or Digital Assets? The debate over whether XRP and ETH are securities has been a topic of heated discussion in recent years. Through the Freedom of Information Act, Coinbase has acquired and published over 10,000 documents shedding light on previous challenging periods. The latest documents reveal the SEC’s actions concerning XRP and ETH. The NY Attorney General’s Office requested an amicus brief to support its argument that ETH is a security. Known from the Ripple $ 2 case, an amicus brief presents expert opinions on a particular matter. This request was communicated via email by Shamiso Maswoswe, Chief of the Investor Protection Bureau at the NY Attorney General’s Office, in June 2023, the same time legal proceedings were initiated against both Binance and Coinbase. Gary Gensler spearheaded wide-ranging legal actions against the Ethereum $ 1,808 ecosystem last year. Targeting entities like Consensys, this legal scrutiny raised questions about whether ETH is a security, yet Gensler has not provided clear answers. These developments document a well-defined stance against cryptocurrencies in both judicial and regulatory establishments. Trump’s Crypto Renaissance Last year saw a series of investigations initiated in response to Ethereum’s transition to PoS, also known as Ethereum 2.0. Currently, Trump is enacting supportive moves for cryptocurrencies as part of his campaign promises, termed as Crypto 2.0. Meanwhile, the Senate and House of Representatives are formulating cryptocurrency regulations. The SEC is coordinating with industry leaders through roundtable discussions to lay down foundational rules. Consequently, the US has stored proceeds from seized crypto assets, with legislation for state-level BTC reserves already enacted, signaling more transformative actions to follow. Farewell, CVP Coin A notable update today involves an email from Binance regarding the delisting of CVP Coin, which was slated for automatic conversion by November 27. This conversion process, originating on May 28, ensures users receive an equivalent amount in USDC. In essence, CVP Coin is ceasing to exist on Binance.
You may also like

Business Opportunities of Tokenized Stocks
In this article, we will outline the lifecycle of tokenized stocks, analyze the current market landscape, and highlight the emerging business opportunities.

In-depth research report on the Resolv protocol hacking incident, who is the final payer?
This incident reveals a fundamental weakness in Delta's stablecoin - the coupling point between the minting logic and off-chain signatures/oracles is the most vulnerable attack surface of the system. Any capital efficiency design of "1 dollar minted for 1 dollar" must be predicated on extremely rigo...

Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…

Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…

Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…

Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack
DeFi project teams cannot assume that the modules they control are necessarily secure.

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future
This article systematically analyzes the technical principles and commercial value of the ERC-8183 protocol from the dimensions of technical architecture, core mechanisms, application scenarios, and ecological collaboration.

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB
ETH is undergoing a paradigm shift from a "volatile asset" to a "yield-generating cash flow asset."

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets
In 1984, Apple killed the command line with a mouse. In 2026, Agent is killing the mouse.

Understanding x402 and MPP in One Article: Two Routes for Agent Payments
x402 makes payments within the agreement, while MPP makes system-level payments.

Particle Founder: The entrepreneurial insights I have gained the most from in the past year
Stop lean startup, stop lightning entrepreneurship, and think carefully about what your product aspirations are.

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence
The competition in the future is not just about whose model is larger or whose computing power is stronger, but also about who understands the industry better, who can embed AI more deeply into real processes, and who can organize these capabilities into a runnable and scalable system.

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)
The existing infrastructure is hostile to the Agent economy. Agents can think and act independently at the "capability level," but at the "economic level," they are still locked into infrastructure designed for humans.

The migration of settlement rights: B18 and the institutional starting point of on-chain banks
In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment
The AI narrative continues to ferment, but the recent performance of related stocks varies, with some in the midst of summer and others as if in winter.

The second half of stablecoins no longer belongs to the crypto circle
What Coinbase doesn't want, Mastercard is eager to buy.

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation
Cursor was accused of being based on Kimi K2.5, which sparked controversy, and was later confirmed to be compliant through Fireworks AI due diligence.

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Provide an Investor Relations Best Practices Guide for Crypto Projects.
Business Opportunities of Tokenized Stocks
In this article, we will outline the lifecycle of tokenized stocks, analyze the current market landscape, and highlight the emerging business opportunities.
In-depth research report on the Resolv protocol hacking incident, who is the final payer?
This incident reveals a fundamental weakness in Delta's stablecoin - the coupling point between the minting logic and off-chain signatures/oracles is the most vulnerable attack surface of the system. Any capital efficiency design of "1 dollar minted for 1 dollar" must be predicated on extremely rigo...
Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…
Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…
Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…
Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack
DeFi project teams cannot assume that the modules they control are necessarily secure.