Jose Oramas

6 days ago | cryptonews.com.au | Jose Oramas

Ripple and the SEC have officially settled their years-long legal dispute, with Ripple agreeing to pay a US$50M penalty—far below the initial US$2B fine and even less than last year’s US$125M court-imposed amount. The lawsuit, which began in 2020, centered on whether XRP sales constituted unregistered securities offerings; the final resolution follows a partial 2023 ruling and reflects the SEC’s softened crypto stance under the Trump administration.

6 days ago | cryptonews.com.au | Jose Oramas

Governor Katie Hobbs signed HB 2749 into law, allowing the state to seize dormant crypto after three years, stake it, and channel rewards into a newly created Bitcoin and Digital Asset Reserve Fund—without using taxpayer money. The law’s passage comes just days after Hobbs vetoed a separate bill proposing direct Bitcoin investment from public funds, signaling a preference for passive accumulation through unclaimed assets.

6 days ago | cryptonews.com.au | Jose Oramas

Finder is shutting down its Wallet Ventures crypto platform on June 19, transitioning users to Swyftx in a partnership that marks its exit from direct crypto trading operations. The move follows a 2023 legal victory over ASIC, where the court ruled that Finder’s “Earn” product was not an unlicensed financial instrument. Finder will now focus on its core comparison business, while Swyftx handles all crypto custody and user migration. Finder is exiting the crypto trading business.

1 week ago | cryptonews.com.au | Jose Oramas

Bitcoin Core’s new update removes the 80-byte limit on OP_RETURN, allowing more data and multiple OP_RETURN outputs per transaction—modernising the protocol to match real-world mining behavior. The change reignites discussion about OP_CAT, a disabled opcode that, if revived, could bring powerful smart contract capabilities like covenants, ZKPs, and decentralised bridges to Bitcoin.

1 week ago | cryptonews.com.au | Jose Oramas

Florida rejected two Bitcoin reserve bills (HB 487 and SB 550), joining at least eight other states that declined similar proposals in 2025Both bills aimed to allow public fund allocations into Bitcoin but failed to advance before the legislative session closed. New Hampshire remains the only state to pass such legislation, with bipartisan resistance elsewhere despite Trump’s federal-level pro-Bitcoin stance.