Regulation Roundup

Defense Secretary Pete Hegseth Holds Bitcoin in a Coinbase Wallet, Filing Shows

Reported by Decrypt.

Elsewhere

Cointelegraph: KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit Read it
Unchained: Why the Crypto Market Cap Could Reach $50 Trillion This Cycle Read it
CoinDesk: New York sues Polymarket, alleging it is running an illegal gambling operation Read it
Cointelegraph: Fed proposes new capital, redemption rules for stablecoin issuers Read it
Cointelegraph: Bitget confirms $351M security breach, suspends withdrawals Read it
Cointelegraph: CFTC updates guidance on tokenized assets, blockchain records after failed vote Read it
Unchained: Is Kalshi's $500M Day of ETH Perp Volume Fake or Just Paid For? - Uneasy Money Read it
CoinDesk: Why an AI "Catastrophe" Could Trigger a Regulatory Crackdown Read it
CoinDesk: Bullish, Alpaca and Apex Fintech form coalition to push issuer-backed tokenized stocks Read it