Crypto Industry Leaders Tom Lee and Dan Ives Convene at Hyatt Huntington Beach

Russia will prohibit cash-for-crypto transactions and require trades to go through cashless, bank-mediated channels, a senior central bank official said. The measure is meant to increase oversight of crypto-related flows and clamp down on informal peer-to-peer markets.

The SEC is evaluating a proposal to list options on a Grayscale multi-asset crypto ETF and has asked for additional public comment as it assesses risks tied to crypto-related derivatives. Regulators want input on market structure, surveillance, and investor protections.

Binance CEO Changpeng Zhao alleges U.S. crypto exchanges funded multi-million dollar lobbying to block a pardon from former President Donald Trump and keep Binance out of the U.S. market. The claim has not been independently verified.

Microsoft Defender researchers say a critical bug in a widely used third-party Android SDK may have exposed tens of millions of cryptocurrency wallets to potential data theft. Users and developers are urged to update apps and apply patches immediately.

Charles Hoskinson reignited a long-running spat with the XRP community after a personal attack on social media, prompting a heated response from the Cardano founder. The exchange highlights ongoing tensions between the two communities and could influence sentiment around ADA and XRP.