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- 17:18Multipli completes $5 million in new financing, bringing total funding to $21.5 millionJinse Finance reported that Multipli, a Real Yield protocol backed by Pantera Capital and Sequoia, announced the completion of a new $5 million funding round, bringing its total funding to $21.5 million, which includes $16.5 million strategically reallocated from its predecessor Brine Fi.
- 17:09US CFTC to Issue Guidance Clarifying Registration Rules for Foreign Trading PlatformsJinse Finance reported that crypto journalist Eleanor Terrett stated, "The U.S. Commodity Futures Trading Commission (CFTC) is about to issue guidance clarifying its Foreign Board of Trade (FBOT) registration rules, providing a legal pathway for non-U.S. trading platforms to allow U.S. users to trade on their platforms. Acting Chair Caroline D. Pham said this is a way to 'bring crypto activities back to the U.S.', as such activities had previously moved offshore due to enforcement regulation during the Biden era, while also reaffirming the regulatory framework that has existed since the 1990s. For U.S. traders, this means legal access to more global liquidity; for the crypto industry, this is another step toward regulatory clarity and a move under the Trump administration's 'crypto sprint' strategy."
- 17:06A U.S. judge is scheduled to hold a hearing this Friday on Cook's lawsuit against Trump.Jinse Finance reported, citing CNBC, that a judge has scheduled a hearing for Friday to consider a request from Federal Reserve Governor Cook to block Trump from firing her. The hearing was arranged just hours after Cook sued Trump, challenging his decision to remove her. The case has been assigned to federal judge Jia Cobb, who was appointed by former President Biden at the end of 2021. Cook is asking Cobb to declare Trump’s removal order “illegal and invalid” and to confirm that she remains a member of the board. She also hopes the judge will rule that the allegations regarding mortgages do not constitute “just cause.”