Top Crypto Headlines: crypto.com Roadmap for ETF, SEC Crypto Unit, Wazirx Planning Delay Up to 2030, Cardano-Walmart
Stablecoin regulation bill
US Senator Bill Hagerty is set to introduce legislation to regulate the stablecoins business under a crystal clear regulatory framework, aiming to create a more sustainable & safe environment for Cryptocurrencies. Hagerty’s efforts align with the new US President Donald Trump’s crypto-friendly stance. Some experts speculated that new rules could impose heavy taxes on the stablecoin firms, as they’re generating earnings in multi-billions every year.
SEC’s special crypto unit
The American securities regulatory body SEC is scaling back a crypto sector specialized unit of over 50 lawyers and staff members responsible for cryptocurrency enforcement. Experts noted that it is the first concrete action by the Trump administration on crypto regulatory efforts since Trump assumed presidential immunity. According to experts, such developments are going to reduce aggressive enforcement and create a crypto-friendly environment for companies.
Cardano -Walmart partnership
Popular Proof-of-Stake (PoS) crypto network Cardano established a new partnership with the world-famous retail chain Walmart. Under this collaboration, Walmart customers would be eligible to get cashback on purchases in $ADA coin, the native token of the Cardano blockchain network.
WazirX manipulating the vote for “Yes” indirectly
Singapore-based crypto exchange WazirX, known to provide crypto trading services in India, invited people to vote for the exchange’s restructuring scheme. The crypto exchange clearly provided outcomes for Yes & No options. The exchange claimed that if creditors vote yes, then the exchange will be able to start fund distribution & crypto trading services from April of this year. Otherwise, it will take 6 years for the exchange to reach the final liquidation & fund redistribution of the funds.
Tether & Circle mint billions of US dollars on Tron & Solana
On-chain blockchain data trackers noted that top USDT stablecoin issuer Tether minted $1 billion in new USDT on the TRON blockchain, a Proof-of-stake (PoS) Crypto network, on 4 Feb 2025. On the other hand, USDC issuer Circle minted $250 million in new USDC on the Solana network, another highly scalable Proof-of-Stake (PoS) Cryptocurrency. In the last 36 days, Tether has minted a total of $2 billion worth of USDT & Circle minted a total of $6.5 billion worth of USDC on Solana.
Crypto.Com exchange new roadmap 2025
Crypto.com exchange shared its latest roadmap to confirm that it is working on multiple plans for the exchange to launch Cronos (CRO) spot ETF, issue a new stablecoin in Q3, add stocks, options and ETF trading in Q1, and also launch banking services. These plans show that the Crypto.com exchange is now ready to create very big competition against the crypto & non-crypto companies with its all-in-one platform.
SEC’s Cryptocurrency Task Force to bring clear crypto rules
Hester Pierce, a pro-Crypto SEC commissioner popularly known as Crypto mom, said that the new Cryptocurrency Task Force unit will work on the categorisation of cryptocurrencies, creation of a set of rules & guidance for the business dealing with crypto lending, staking, and custodianship. With these efforts, the task force aims to provide a clear regulatory environment for the crypto companies. Crypto people are thanking Donald Trump for appointing ProCrypto Mark Uyeda as the acting chairman of the US SEC body, following the departure of crypto hater chairman Gary Gensler.
Read also: Walmart Partners Cardano (ADA) Cryptocurrency Officially
