Crypto majors were mostly down slightly. BTC dipped 1% to $86,600 and ETH fell 1% to $2,910. BNB rose 1% while SOL held steady. MON, SPX, and IP were among the top gainers. Texas bought $5 million in a Bitcoin ETF for its state reserve. U.S. Bank tested a stablecoin on Stellar. MoonPay got a New York trust charter. Polymarket got CFTC approval to operate in the U.S. again. Klarna launched its own stablecoin. Bitmain is reportedly under investigation by Homeland Security.
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A UK minister suggests banning crypto for political donations. He's worried about foreign influence and a lack of transparency. The idea is to prevent anonymous money from swaying elections. It's just a proposal for now, not an actual law. The discussion on regulating crypto in politics is just beginning.
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Police shut down a cryptocurrency mixing service. These services blend funds to hide their source. The action targets money laundering for criminals. It shows law enforcement cracking down on crypto anonymity. The move sparks debate about privacy versus regulation.
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