Important information from last night and this morning (May 19-May 20)

05/20/2025, 02:48 AM

The U.S. Senate passed a procedural motion, and the GENIUS Act entered the formal review stage

The U.S. Senate passed the procedural motion of the GENIUS Act with 66 votes in favor
U.S. SEC Chairman reflects on crypto regulation: from "ostrich policy" to active adaptation, FinHub functions will be integrated
Dubai Virtual Assets Regulatory Authority strengthens control over crypto margin trading and updates regulatory rulebook

The U.S. Department of Justice has intervened in the investigation of the theft of Coinbase customer data, involving bribery of Indian employees

SEC Delays Decision on Solana Spot ETF Application, Says More Time Needed to Evaluate Legal and Policy Issues

CME now has XRP futures

Sonic SVM launches SONIC token value accumulation mechanism, replacing destruction mode with strategic buy-and-lock system

Google releases NotebookLM Android and iOS native apps

Circle plans IPO with $5 billion valuation, while negotiating potential acquisitions with Coinbase and Ripple

PROMPT is listed on Bithumb Korean Won Trading Market

Genesis sues parent company DCG to recover over $1 billion in transfers, accusing it of internally transferring funds during insolvency

JPMorgan Chase CEO: Will allow customers to buy Bitcoin, but will not provide custody services

Cardano founder denies allegations of misappropriation of $600 million in ADA, promises to release audit report
Strategy spent $764.9 million to increase its holdings of 7,390 bitcoins
CoinShares: Digital asset inflows reached $785 million last week, the fifth consecutive week of inflows

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