Top crypto headlines Today: SBF parents seek Pardon from Trump, Kraken restarts crypto staking services, $USDT integration with Bitcoin lightning network, ECB president claims no bank will adopt Bitcoin

The parents of Sam Bankman-Fried (SBF) are seeking to get a pardon for SBF from the United States president Donald Trump. The majority of the FTX creditors opposed SBF & his parents.

Gemini co-founder Tyler Winklevoss said that Gemini will not hire any talents or even give opportunity to any MIT student during the summer intern program until MIT has connections with the former US SEC chairman Gary Gensler. In between 2021 to 2024, Gensler attacked the crypto companies badly, on behalf of traditional financial rules & laws.

The American securities regulatory body SEC acknowledged the application filed for Litecoin ETF by Canary Funds. Following this development, the trade price of Litecoin ($LTC) surged by 20% within 24 hours and experts predicted that the final decision may come soon.

Tether, a top stablecoin issuer, announced the integration of its stablecoin $USDT into Bitcoin’s lightning network ecosystem, aiming to integrate USDT stablecoin in Bitcoin’s decentralised ecosystem.

Amid the increasing hype around Bitcoin adoption in the form of reserve among central banks, the European Central Bank (ECB) president Christine Lagarde tried to dismiss such speculations & said that no central bank will adopt Bitcoin, citing liquidity, security and regulatory concerns.

Kraken decides to bring its crypto-staking services again to the 39 states. A total of 17 crypto assets, including Sol, ETH, and dot, will be supported. Before this, the exchange suspended its staking business for US customers in Feb 2023, following an action by the American securities regulatory body SEC. Later, Kraken settled the case by paying a $30 million fine.

Read also: FTX co-founder SBF’s parents expecting a pardon from Donald Trump