Crypto Morning Brief: US Plans to Release 172 Million Barrels of Oil in 120 Days, Binance Files Lawsuit Against Wall Street Journal
US plans to release 172 million barrels of oil from strategic reserves over 120 days, as announced by the Energy Department. SEC and CFTC signed a memorandum to collaborate on crypto regulatory frameworks. Binance filed a defamation lawsuit against The Wall Street Journal over a report on Iran sanctions. Ethereum researchers demonstrated a "native Rollups" prototype to simplify Layer 2 validation. Across Protocol proposed transitioning from a DAO to a C-corporation, offering token holders equity or USDC redemption. Hong Kong is expected to issue stablecoin licenses to HSBC, Standard Chartered, and OSL. Mastercard's new blockchain payment project includes Binance, PayPal, and Ripple. VanEck integrated crypto ETFs into 401(k) plans via Basic Capital. Metaplanet announced two subsidiaries and a ¥4 billion investment in Japan's Bitcoin infrastructure. Ripple initiated a $750 million share buyback at a $50 billion valuation.
marsbit03/12 01:16
