Key Points:
Argentina's Javier Milei risks impeachment over Libra token debacle
OpenSea Launches OS2 Beta and Announces SEA Token
Crypto.com Obtains MiCA European Expansion License
Argentinian President Javier Milei faces impeachment after backing the now-collapsed Solana-based Libra (LIBRA) token, which analysts say was a major insider scam. The token surged in price after Milei posted on X, but plummeted more than 94% within hours, with internal wallets cashing out $107 million. Opposition lawmakers have called for accountability, while Milei claims he had no prior knowledge of the project's details. Argentina's anti-corruption office has opened an investigation, and Milei insists political opponents are taking advantage of the situation. Concerns about poorly structured token economics and internal controls had been raised before the collapse.
The OpenSea Foundation has launched OS2, a public test platform that integrates NFT and token trading, while introducing the new SEA token. OS2 supports cross-chain purchases across 14 networks, offers a 0.5% market transaction fee, no exchange fees, and includes an XP system that rewards user activity. The SEA token claiming process will take into account historical platform usage, not just recent activity, so that it is accessible to US users. This marks OpenSea's shift toward a unified digital asset ecosystem, consistent with its broader strategy amid evolving SEC policy affecting the NFT space.
Crypto.com has officially launched crypto asset services in all European Economic Area (EEA) countries after receiving full Markets in Crypto Assets (MiCA) authorization. This regulatory approval enables the exchange to operate under a unified framework, strengthening consumer protection and market supervision. The company has also expanded its institutional services, introducing advanced trading platforms and secure custody solutions for institutional clients in the United States, Canada and Singapore. As part of compliance measures, Crypto.com has delisted USDT and nine other tokens to comply with MiCA's stablecoin regulations.
news
Javier Milei Faces Impeachment Risk After Backing $107 Million Libra RUG
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product
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Regulation
Crypto.com obtains new MiCA license to officially serve European customers
SEC approves Grayscale’s XRP and DOGE ETF filings
NYSE proposes rule change to allow ETH staking on Grayscale’s spot Ethereum ETF
SEC case against crypto exchange Binance put on hold
funds
US states to invest $23 billion in Bitcoin through strategic reserve program
Gaorong Ventures invests $30 million in Hashkey , crypto unicorn valued at $1.5 billion
Peter Thiel and Paolo Ardoino back new USDT-centric blockchain
Veli Secures Funding to Innovate Crypto Investing for Financial Advisors
