On May 3, 2026, SEC Chair Gary Gensler testified before the Senate Banking Committee that the existing U.S. legal framework can no longer adapt to rapid cryptocurrency industry development. Gensler acknowledged that the 1946 Howey Test standard is insufficient to categorize digital assets as the

According to ChainCatcher, Nvidia's venture capital arm NVentures has participated in Legora's $50 million Series D extension round, marking its first investment in legal AI. The Swedish legal tech startup, which competes with Harvey, saw its annual recurring revenue (ARR) exceed $100 million,

At XRP Las Vegas 2026 event, Ripple CEO Brad Garlinghouse celebrated the cryptocurrency's rising prominence, posting on X: "Even when our backs were against the wall, we refused to fold. Always great to be back for XRP Las Vegas, and even better to see XRP up in lights." The statement reflects on Ri

At XRP Las Vegas 2026, Ripple CEO Brad Garlinghouse stated that XRP already possesses regulatory clarity, emphasizing that pending legislation is not a prerequisite for the token's legal standing. When asked about the proposed CLARITY Act, Garlinghouse said, "XRP has clarity already. That's what

According to Bloomberg, Japan Exchange Group (JPX) CEO Hiromi Yamaji said the Tokyo Stock Exchange operator plans to launch cryptocurrency-tracking exchange-traded funds as early as 2027, provided legal revisions and tax treatment are clarified. Yamaji noted that asset managers have expressed

World Liberty Financial (WLFI), the decentralized finance protocol co-founded by the Trump family, faced a federal lawsuit filed by investor Justin Sun in April 2026, alleging asset freezing and governance manipulation. The legal action coincided with heightened congressional scrutiny regarding the

Gate News message, April 28 — Japan's Financial Services Agency (FSA) has officially classified JPYC, the country's first JPY stablecoin issuer, as a "payment service provider" in its official publication Access FSA. JPYC will now operate under the same legal framework as PayPay, Rakuten Pay, and

Gate News message, April 26 — Justin Sun, one of the largest investors in the TRUMP token, notably did not attend a memecoin-themed event hosted by US President Donald Trump at Mar-a-Lago in Florida this year, marking a significant shift from his prominent appearance at a similar event last year. T

Gate News message, April 25 — According to South Korea's Asia Economy Daily, a woman in her 40s discovered two years after her divorce that her ex-husband had secretly invested in cryptocurrency during their marriage and made substantial profits. Na-hee Kim, an attorney at Saeworld Law, stated that