Massachusetts state securities regulators have reportedly launched an investigation into Robinhood over the trading platform’s newly launched prediction-markets hub, which allows users to bet on March Madness matchups. Cheyenne Ligon reports trib.al/MwV1SpH

JUST IN: The U.S. Securities and Exchange Commission has closed its probe into Australian Web3 gaming platform Immutable and will not file enforcement charges, the company said. Cheyenne Ligon reports trib.al/CGv7LSO

SCOOP: The Illinois Secretary of State intends to drop its staking lawsuit against Coinbase 🛡️, joining Kentucky, South Carolina and Vermont in backing down from litigation against the crypto exchange. Cheyenne Ligon reports trib.al/AcLLqlv

The U.S. DOJ has axed its crypto squad, telling staff in a Monday evening memo that it will no longer be pursuing cases against crypto exchanges, mixers or offline wallets “for the acts of their end users.” trib.al/HZQsYhu Cheyenne Ligon and @nikhileshde.bsky.social report

JUST IN: The new U.S. Securities and Exchange Commission chair, Paul Atkins, made his first public appearance in the job, and it was at a crypto event. He told CoinDesk his agency has plenty of authority to make policy while waiting for Congress to pass a bill. Jesse Hamilton reports trib.al/W0Tr2RE

On Mainstage presented by @Bitgo at @consensus, Chainalysis CEO Jonylevin tells Cheyenne Ligon why the traceability of crypto is a powerful tool for law enforcement, citing successes in kidnapping investigations.

NEW: Movement Labs — the crypto startup backed by Trump’s World Liberty Financial — quietly promised early insiders access to up to 10% of its token supply, according to new documents obtained by CoinDesk. None of it was disclosed to investors.

BREAKING: The U.S. Senate voted 66-32 to advance its landmark stablecoin legislation, the GENIUS Act. @nikhileshde.bsky.social reports trib.al/m7nvYzb

New York City will create a digital assets advisory committee to bring fintech jobs to the Big Apple, Mayor Eric Adams announced Tuesday. @nikhileshde.bsky.social Cheyenne Ligon report trib.al/EhKw4Ee

Democratic lawmakers are continuing to highlight concerns around corruption in the runup to Donald Trump's memecoin dinner on Thursday night, introducing legislation and suggesting legal action. Jesse Hamilton @nikhileshde.bsky.social Cheyenne Ligon report trib.al/X94f9fm

🚨JUST IN: Cantor Fitzgerald is planning a #Bitcoin fund with a gold safety net. "There are still people on the Earth that are still scared of bitcoin, and we want to bring them [in]," said Brandon Lutnick. by Krisztian Sandor & Cheyenne Ligon trib.al/vWr22Vp

Stop yassifying our criminals

If you're investing in a speculative crypto asset and it busts, you shouldn't go crying to the government for a bailout, SEC Commissioner Hester Peirce said Thursday at Bitcoin Las Vegas. Cheyenne Ligon Jesse Hamilton report trib.al/owpTG8x

POLICY🏛️: Silk Road's Ulbricht Tells Bitcoiners: Freedom Is Worth Fighting For! reported by Cheyenne Ligon

This first witness in Roman's trial immediately caught my attention bc the victim was a classic Pig Butchering case. The only issue is....uh.....those scammers don't use Tornado Cash? And they never have? So, like, wtf?

Governments force banks to report your activity, judge whether you are being suspicious, and close your accounts when you step out of the norm. How? It dates back to 1970. 🧵 coindesk.com/opinion/2025/1…

🚨BREAKING: Former FTX CEO Sam Bankman-Fried's appeal for a new trial was met with skepticism from appellate judges. Cheyenne Ligon reports: coindesk.com/policy/2025/11…

🚨 BREAKING: Samourai Wallet Developer Sentenced to 5 Years in Prison for Unlicensed Money Transmitting Cheyenne Ligon reports. coindesk.com/policy/2025/11…

🚨 BREAKING: Terraform's Do Kwon Sentenced to 15 Years in Prison for Fraud Cheyenne Ligon reports: coindesk.com/policy/2025/12…

🔥 Most Influential: Roman Storm (Roman Storm 🇺🇸 🌪️) The Tornado Cash developer’s trial this summer is evidence that the crypto industry is still severely lacking regulatory clarity.