Pepe-inspired Ethereum L2 Layer Brett Hits $700,000 in Presale

PANews reported on June 19 that according to a draft document, Japan will reduce its scheduled government bond sales by 500 billion yen from the initial plan to 171.8 trillion

Hong Kong’s Financial Secretary, Paul Chan Mo-po, has stated that the stablecoin ordinance will come into effect from 1 August 2025, according to a China Daily report published on 23 June 2025. This will make Hong Kong the world’s first regulated regime for stablecoins. The implementation of the ordinance will follow its passage on 21.. The post Hong Kong’s Financial Secretary Confirms Stablecoin Licenses to Roll Out Starting August appeared first on 99Bitcoins .

The post Libra Promoters Regain Access to $57.6 Million in Crypto After Judge Unfreezes Assets appeared on BitcoinEthereumNews.com. In brief A judge ordered that $57.6 million in USDC associated with the Libra meme coin scandal be unfrozen. It follows the February launch of the Libra meme coin, which was promoted by Argentine President Javier Milei and crashed and burned within a matter of hours. The judge added that she is “skeptical” that the plaintiffs will succeed in their case against Hayden Davis and Ben Chow. Assets associated with the infamous Libra token—launched in February, and promoted by Argentine President Javier Milei—were unfrozen by a Manhattan federal judge on Tuesday. The judge said that she no longer believes that the defendants would run off with the cash, after the pair had been compliant with court proceedings. It comes after the same U.S. district judge, Jennifer L. Rochon, froze $57.6 million worth of USDC found in June as part of a case in which the plaintiffs are seeking over $100 million in damages. The frozen assets were in two wallets controlled by defendants Hayden Davis, CEO of venture capital firm Kelsier Labs LLC, and Ben Chow, founder of decentralized exchange Meteora. On Tuesday, Judge Rochon stated that the pair were not conducting themselves as “evasive actors,” due to their compliance with the legal proceedings thus far.  “It is plain that money damages would be available to compensate the putative class,” Judge Rochon said, according to Law360. “Plaintiffs have not made a sufficient showing of irreparable harm.” As such, she decided to lift the freeze requirement on the $57.6 million worth of USDC on Tuesday. These assets haven’t moved from the originally frozen wallets, which are still holding $13.06 million and $44.59 million respectively. In doing so, the judge added that she is “skeptical” about the likelihood of the plaintiffs, represented by Burwick Law, succeeding in their case. Although she…