Woofun AI reports that bipartisan lawmakers in the United States have jointly introduced a resolution opposing any presidential pardon or sentence reduction for SBF. This legislative move underscores sustained political pressure regarding accountability in the crypto sector.

Meanwhile, Illinois enacted a 0.2% crypto transaction tax, with industry participants labeling it one of the most anti-crypto laws in the US.

In other developments, the Federal Reserve kept interest rates unchanged as expected, with 9 of 18 FOMC participants anticipating rate hikes in 2026. The US Department of Justice seized approximately $9 million USDT linked to a 'pig butchering' scam network. BlackRock's Bitcoin income ETF faces controversy over potential strategy flaws that may cause underperformance against BTC long-term. Revolut received a license from the UAE Central Bank to enter the Middle East market.

Additionally, Flagright completed a $12.5 million Series A round, while Trace Finance raised $32 million led by CoinFund.