Author: Cointelegraph By Sam Bourgi

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SEC’s deadline extension is a ‘fork’ in case against Coinbase — John Reed Stark

The regulator’s cases against Coinbase and Binance are on shaky ground following the creation of the Crypto Task Force. Source link

Unlike Ulbricht, SBF faces ‘slim’ chance of conviction relief

The Office of the Pardon Attorney has a backlog of roughly 10,000 petitions. Unless a convict has political connections, the chances of clemency are slim. Source link

SEC Crypto Task Force met with firms to discuss staking, litigation review

The SEC met with representatives from the Blockchain Association, Jito Labs, Multicoin Capital, Nasdaq, Andreessen Horowitz, and Sullivan & Cromwell. Source link

Hive Digital clocks $29.2M in Q3 revenue as Bitcoin hodl position surges

The Bitcoin miner ended its fiscal third quarter with $270.7 million in cash and crypto holdings, according to CFO Darcy Daubaras. Source link

Former CFTC chair criticizes STABLE Act amid calls for urgent regulatory clarity

Representative Stephen Lynch said he worries that without proper crypto regulation, lawmakers are “[inviting] the next financial disaster.” Source link

Tokyo-listed gaming studio Gumi acquires 1 billion yen worth of Bitcoin

The BTC purchase is part of Gumi’s broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.” Source link

Tesla Q4 Bitcoin profit highlights BTC collateral opportunity — Crypto execs

“Mark-to-market gains, Tesla could use its Bitcoin as collateral to unlock liquidity and hedge against market downturns,” said Gadi Chait, an investment manager at Xapo Bank. Source link

Coinbase to face lawsuit over unregistered securities sales, judge rules

Coinbase said the judge’s opinion “narrowed the scope of discovery in this case,” adding, “We look forward to vindicating the remaining claims” in court. Source link

CleanSpark reports 120% revenue surge as Bitcoin marginal cost improves

CleanSpark’s Bitcoin treasury strategy is paying off; the company held 10,556 in self-mined BTC at the end of 2024. Source link

Czech president signs ‘landmark’ crypto bill: CKMA

Czechia’s new crypto legislation aligns with the broader EU Markets in Crypto-Assets requirements, which were fully implemented on Dec. 30. Source link