Bitcoin soared above $120,000 in July 2025, marking a strong year-to-date gain of 25.9%. Despite some daily fluctuations and concerns over global interest rates, Bitcoin remains an attractive hedge against a weakening dollar. Legislative discussions in the U.S. also play a key role in shaping market sentiment.
Genesis Global Capital settles for $2 billion amid allegations of concealing losses from investors. At least 29,000 impacted through Gemini Earn program receive support from a newly created victims fund. This landmark settlement underscores the growing regulatory scrutiny of the crypto industry.
In 2024, major crypto players like Tether, Coinbase, Binance, TRON, and BitMEX face significant lawsuits alleging misrepresentation and unregistered securities sales, while the SEC and DOJ intensify investigations. Bitlet.app offers insights into how these legal battles impact the crypto ecosystem.
President Trump’s new executive order revokes previous crypto policies and establishes new frameworks to boost American leadership in digital finance. It includes the creation of a dedicated working group and relaunching SEC’s Crypto Task Force, aiming for clearer regulations and paused enforcement against major crypto exchanges like Binance and Coinbase.
Senators Tim Scott and Cynthia Lummis lead efforts to regulate digital assets and stablecoins with a new legislative deadline set for September 30, 2025. The initiative focuses on shaping the future of the crypto market structure, backed by bipartisan support and the White House.
On September 5, 2025, Chainlink CEO Sergey Nazarov met with SEC Chairman Paul Atkins to discuss the future of asset tokenization in finance. They highlighted regulatory adaptation and collaborative efforts to boost efficiency and safety in blockchain tokenization. This marks a positive outlook for crypto regulations and market growth.
World Liberty has blacklisted Justin Sun's wallet after the Tron founder moved $9 million worth of WLFI tokens. This move has stirred discussions across the crypto community regarding regulatory actions and token management. Discover more and how Bitlet.app's services can help you navigate crypto safely.
SEC Commissioner Caroline A. Crenshaw cautioned her colleagues against hastily conceding on the regulatory status of many crypto assets, highlighting the need for careful consideration in shaping crypto policies.
Ripple Labs and the SEC have jointly agreed to dismiss their ongoing legal dispute regarding XRP's classification, marking a significant turning point in crypto regulation. Despite the dismissal, important legal rulings on crypto securities remain impactful.
The House Financial Services Committee marked up the CLARITY Act on June 11, 2025, aiming to bring regulatory certainty for digital asset innovators and clarify jurisdictional boundaries. Supported by key crypto advocacy groups and led by Congressman Tom Emmer, the Act codifies important distinctions for crypto service providers. Learn how Bitlet.app's innovative platform aligns with these evolving regulations to offer users seamless access to crypto through installment plans.