The US Court of Appeals for the Eleventh Circuit has officially dismissed the legal dispute between Coin Center and the US Treasury Department concerning the sanctions imposed on the crypto mixer Tornado Cash. This decision comes after the Treasury Department’s Office of Foreign Assets Control (OFAC) removed Tornado Cash from its sanctions list earlier this year. The government claimed that this made the matter moot. Tornado Cash Sanctions Are Rescinded Peter Van Valkenburgh, executive director of Coin Center, expressed relief over the court’s decision, noting on social media platform X (formerly Twitter) that it marks the conclusion of their legal battle regarding the statutory authority underpinning the Tornado Cash sanctions. Van Valkenburgh further emphasized that the government showed no interest in proceeding with a defense against what he described as an overly broad interpretation of sanctions laws. Tornado Cash was initially sanctioned by the Office of Foreign Assets Controlin August 2022 for its alleged role in facilitating money laundering, which prohibited US individuals and companies from engaging with the platform. This action prompted a series of lawsuits from various crypto advocacy groups , including Coin Center, challenging the legal grounds for the sanctions. The appellate court had previously expressed skepticism regarding OFAC’s authority in this matter, which was echoed by the Treasury’s latest decision to withdraw its sanctions. While Coin Center acknowledges that the appeal will only be considered fully moot once a separate Texas court ruling is finalized, both parties agreed to conclude this phase of litigation. Upcoming Trial For Roman Storm In a related development, Tornado Cash co-founder Roman Storm is facing a criminal trial scheduled to begin in less than two weeks. In a recent interview with Crypto In America, Storm discussed his ongoing deliberation about whether he will testify in his own defense. He indicated that his legal team intends to counter allegations suggesting he profited from illicit activities linked to the crypto-mixing service. However, he refrained from making a definitive statement about taking the stand, saying, “This is the decision that we will make. I don’t have a 100% answer right now. I may or may not.” Storm was indicted in 2023 on multiple charges, including conspiracy to commit money laundering and operating an unlicensed money transmitter, following the Treasury’s sanctions against Tornado Cash. The government alleged that the platform was employed by North Korea’s notorious Lazarus Group to launder substantial amounts of stolen cryptocurrency . As of this writing, the crypto mixer’s native token, TORN, is trading at $9.30. This represents an impressive 308% surge year-to-date, a performance similar to that of XRP during the same period, which has seen a 443% price increase. These two assets are among the top 100 performers in the market. Featured image from DALL-E, chart from TradingView.com
The TON Foundation stated that this program resulted from an independent collaboration with a licensed partner, explaining that the UAE government had no direct involvement. “Application alone does not guarantee visa issuance,” the foundation emphasized, following the denials of involvement from government institutions regarding this initiative. TON Foundation Explains Status of Its 10-Year UAE Golden
Six months into the European Union’s full enforcement of MiCA, the EU has authorized 53 crypto-related entities to operate legally across its 30-country economic area. According to a July 7 update shared by Patrick Hansen, Director of EU Strategy & Policy at Circle, the list now includes 14 licensed stablecoin issuers from seven countries and 39 MiCA-authorized crypto-asset service providers. Coinbase, Kraken, Bitstamp, and N26 are among the companies that can now “passport” their services throughout the EU without needing additional local approvals. https://twitter.com/paddi_hansen/status/1942168126038110495?s=46&t=nznXkss3debX8JIhNzHmzw On 30 Dec. 2024, the Markets in Crypto-Assets regulation, or MiCA, went into full force. It established the first unified legal framework for cryptocurrency operations in history, covering consumer protection, disclosures, licensing, and stablecoin issuance. Tether ( USDT ), has yet to obtain a MiCA license, a move that’s already led to delistings by platforms such as Coinbase and Crypto.com. Binance, facing regulatory challenges across multiple jurisdictions, is also absent from the approved list. You might also like: Bybit launches its MiCA-compliant platform for users in Europe Among the stablecoin issuers now licensed under MiCA are Circle (EURC, USDC), Société Générale-Forge (EURCV, USDCV), and Membrane Finance (EURe, eUSD). Most licensed stablecoins are euro-denominated, though several U.S. dollar and one Czech koruna token are also listed. Despite the progress, no firm has registered to issue asset-referenced tokens, which are stablecoins pegged to a basket of assets. According to EU officials, under the current compliance costs and regulations, the lack of ART applicants indicates low market demand. Regulators have also flagged over 35 crypto companies as non-compliant CASPs, with the Italian regulator CONSOB leading enforcement actions. Meanwhile, crypto media outlets throughout Western Europe have been adisrupted by search algorithm changes and policies aligned with MiCA. As more businesses scramble to meet MiCA’s strict disclosure and compliance requirements, the next license update is anticipated at the nine-month mark in late September. Read more: Tether-backed Oobit and StablR launch MiCA-compliant stablecoin
Bitcoin’s Mayer Multiple suggests the cryptocurrency remains undervalued despite nearing all-time highs, indicating potential for further upward momentum. Analysts increasingly point to October 2025 as a likely timeframe for Bitcoin’s
MetaPlanet, a Japanese company that has attracted attention with its Bitcoin investment strategy, once again maintained its title as the most traded stock in the Standard Market segment of the Tokyo Stock Exchange with a trading volume of 1.86 trillion yen in June. Investor Interest in MetaPlanet Shares Grows: June Trading Volume Reaches 1.8 Trillion Yen The company's trading volume nearly doubled from May's 997.6 billion yen. According to data released by the Tokyo Stock Exchange, MetaPlanet has held the top spot in the Standard Market consecutively since November last year. In June, MetaPlanet was followed by Namura Shipbuilding with a trading volume of 516 billion yen. Bitcoin Investment Raises Prices MetaPlanet shares continued to trend upwards through mid-June, driven by its aggressive investment strategy in Bitcoin. The company announced on July 7 that it had added new purchases to its Bitcoin holdings. With the latest addition, the company’s total Bitcoin purchases reached 225.8 billion yen. Overtakes Toyota and Sony MetaPlanet’s trading volume in June even surpassed Prime Market stocks such as Japan’s giants Toyota Motor (1.64 trillion yen) and Sony Group (1.31 trillion yen). The leader of the Prime segment was Advantest, which reached a total trading volume of 4.85 trillion yen. MetaPlanet, which has integrated the Bitcoin investment strategy into its corporate structure, is seeing increasing interest among investors, especially as digital assets strengthen their place in the traditional financial world. *This is not investment advice. Continue Reading: Japanese Company Attracting Attention with Bitcoin Investments Surpasses Sony and Toyota in Stock Market Trading Volume! Here Are the Details
On July 8, US stock pre-market trading showed a notable uptick in crypto-related equities, reflecting increased investor confidence in blockchain assets. Bit Digital Inc (BTBT) led the gains with a
Sei Network’s Total Value Locked (TVL) has surged to an unprecedented $626 million, marking a significant milestone in DeFi expansion and investor confidence. The network’s recent regulatory approval in Japan
Bitcoin is far less overheated than during previous local bull market tops, but consensus is forming around an October blow-off top for BTC price action.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Little Pepe is quickly capturing the spotlight in 2025’s memecoin race, with bold 50x growth projections and a purpose-built Layer-2 chain turning heads across crypto circles. Table of Contents A new meme titan emerges Why 50x isn’t just a dream Roadmap catalysts to watch Final words The crypto world moves in waves, and every so often, a new token arrives that captures the collective imagination of traders and speculators alike. In 2025, that token is Little Pepe (LILPEPE), a self‑proclaimed “heir” to Shiba Inu’s ( SHIB ) memecoin throne with ambitions of redefining what a viral crypto project can achieve. With the first three presale stages selling out in rocket‑speed succession and the fourth stage now live at just $0.0013 per token, LILPEPE is making a compelling case that its next phase could deliver returns as high as fifty‑fold in a mere fifteen weeks. A new meme titan emerges Rather than going the path of Shiba, LILPEPE introduces a purpose‑built Layer‑2 blockchain dedicated to memes, complete with ultra‑low fees, lightning‑fast finality, and an ecosystem designed to reward genuine believers. This isn’t a token crafted on a whim; it’s the culmination of battle‑tested code and viral marketing expertise. The same anonymous architects who have propelled previous meme successes are now backing LILPEPE, ensuring that both the technical underpinnings and the cultural resonance are equally robust. When the presale launched, stages one through three sold out in record time, reflecting both pent‑up demand and confidence in the project’s roadmap. With over $3.3 million raised so far, the community that’s rallied around Little Pepe isn’t merely chasing a fad, they’re placing strategic bets on a meme revolution. Why 50x isn’t just a dream Few investors take 50x targets at face value, and rightfully so. But the architects of LILPEPE believe they’ve crafted an environment where such gains are plausible. First, token scarcity plays a critical role. By reserving only 10% of the total supply for public liquidity and capping presale allocations at 50%, the token’s availability post‑launch will be limited, especially once the broader market catches wind of its innovations. Unlike traditional memecoins, which dwell exclusively on existing networks and compete for gas‑fee attention, LILPEPE’s Layer 2 allows it to capture every transaction fee, every staking reward, and every developer launch. When developers build meme launchpad applications, community‑driven NFT drops, or staking pools on the LILPEPE chain, token demand spikes organically. That network effect, combined with rapid staking rewards and a zero‑tax policy, is a catalyst for sustained upward pressure. With the internet abuzz over decentralized finance and meme metaverses, LILPEPE’s fourth presale stage at $0.0013 offers an inviting entry point before broader exchange listings. Historical patterns show that tokens trading at fractions of a cent before listing often multiply by tens or even hundreds of times within months of launch. Given LILPEPE’s presale performance, three sold‑out stages in rapid succession, there’s a strong precedent for another significant surge once the token hits Uniswap or major centralized exchanges. You might also like: From meme to the moon: Why LILPEPE might outperform XRP this bull cycle Roadmap catalysts to watch Beyond its stellar presale performance, Little Pepe’s roadmap is studded with catalysts poised to drive real demand. The upcoming transition from presale to mainnet unlocks token staking and decentralized governance, giving holders a hands‑on role in the chain’s evolution. Plans for listings on major centralized exchanges will inject fresh liquidity, while the launch of a meme‑focused applications hub aims to attract new projects and users seeking a blockchain where their quirky creations can thrive. Crucially, the team’s promise of big‑name partnerships, already whispered among anonymous advisors, adds a layer of intrigue. When the first wave of established meme‑brands and influencers back the network, exposure will skyrocket, bringing a fresh cohort of participants eager to mint, trade, and speculate on the next viral token. Final words Little Pepe’s innovation around a dedicated meme Layer‑2 chain is shaping up to become a blueprint for future success stories. Should LILPEPE fully capitalize on its roadmap catalysts, the prospect of going 50x from $400 to $20,000 or even $20,000 into $1,000,000 moves from possible into strategic plausibility. With capital inflows already exceeding $3.3 million and token scarcity baked into the presale mechanics, the foundations for exponential growth are firmly in place. While skeptics may scoff at the notion of 50x in fifteen weeks, those who witnessed the lightning‑fast rises of past meme royalty know that, when executed flawlessly, the impossible becomes possible in the blink of a block confirmation. To learn more about LILPEPE, visit the website, whitepaper, Telegram , and Twitter . Read more: XRP targets $5 but Little Pepe presale steals the spotlight as it raises $200,000 on day 1 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
The U.S. Securities and Exchange Commission (SEC) is signaling a transformative shift in crypto regulation, potentially accelerating the approval of altcoin-focused exchange-traded funds (ETFs). This regulatory evolution could reduce ETF