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20 May 2026, 14:04
South Carolina joins 9 other US states in passing 'Bitcoin Rights' laws

South Carolina became the latest state to pass sweeping rules for digital currencies on May 19 when Governor Henry McMaster put his signature on a bill that sets up protections for people who use and mine cryptocurrency. The Senate Bill is added as Chapter 47 to South Carolina’s legal code. The bill was proposed in January 2024 and faced several hurdles before approval. It was backed by state senators with a 38-1 vote in May 2025, but was held up due to differences with the House version. After a year, the final changes were made, and it was passed into law. The law blocks South Carolina’s government offices from taking payments in a central bank digital currency. It also stops state workers from joining any Federal Reserve or federal government programs that test this type of money. The bill spells out that a CBDC means digital money that comes straight from the U.S. Federal Reserve or another federal office. But the language makes clear that this does not cover digital money from private companies that is backed by regular dollars or government bonds. This means privately-issued coins like USDC can still operate in South Carolina even though Federal Reserve digital currency cannot. South Carolina protects digital wallet rights, bans extra taxes People and businesses in South Carolina can now accept digital assets as payment for legal items and services without restrictions. The law protects the use of wallets that people control themselves, including physical devices that store crypto. State and local governments cannot add extra taxes just because someone chooses to pay with digital assets instead of regular money. Businesses that mine digital assets in areas zoned for industrial use now have legal protection. Local governments cannot put unfair zoning rules on these operations or target them with harsh noise limits or rules that single them out. The law says that running blockchain nodes, mining digital assets, writing blockchain software, and offering staking services do not need money transmitter licenses in certain cases. Companies that provide staking or mining services will not automatically be considered securities dealers under the state’s Title 35 laws. But the South Carolina Attorney General keeps the power to go after anyone who lies about offering these services, giving consumers protection against fraud. The law requires big mining operations to avoid putting extra demand on the power grid. Mining companies might need to give power purchase agreements to the Public Service Commission to show they can cut back on electricity use when the grid is under pressure. South Carolina joins Oklahoma, Kentucky, Arkansas, Florida, Mississippi, Montana, North Dakota, Louisiana, and Arizona in passing similar laws between 2024 and 2026. The Satoshi Action Fund, a group that pushes for these policies, has worked with state lawmakers to pass bills protecting self-custody, mining rights, and node operations. Senate passes federal digital dollar ban in housing package On the federal level, the Senate tucked a CBDC ban into the final pages of the 302-page 21st Century ROAD to Housing Act in March. The section says the Fed “may not issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency directly or indirectly through a financial institution or other intermediary” until at least the end of 2030. “Financial privacy is a cornerstone of American freedom, and any decision to authorize a Central Bank Digital Currency must remain with Congress and the American people,” said Digital Chamber CEO Cody Carbone in a statement. But the House may push back on the Senate version because it forces large investors in housing, including private equity firms, to sharply limit how many homes they can own. President Donald Trump has said he won’t sign bills until Congress sends him legislation requiring voters to show identification and proof of citizenship before voting in this year’s midterm election, adding doubt to the housing bill’s chances. If you're reading this, you’re already ahead. Stay there with our newsletter .
20 May 2026, 14:02
Will Elizabeth Warren End XRP? Here’s What Happened

The Digital Asset Market CLARITY Act passed the Senate Banking Committee on May 14 in a 15-9 vote. It was a major step toward regulatory clarity for the entire crypto industry, and for XRP in particular. But not everyone is celebrating. Prominent XRP commentator and Crypto Crusaders creator Levi Rietveld has pushed back hard against Senator Elizabeth Warren’s opposition to the bill. Warren Speaks Out In a recent video, Rietveld played a clip of Warren speaking out against the legislation. Speaking on the CLARITY Act, Warren stated, “it pushes more of the market into crypto and removes protections for investors and removes recourse for victims. That is the wrong direction to go in. When this blows up in the economy, I hope everybody remembers.” Rietveld took issue with that position. He argued that Warren is using crypto as a scapegoat for broader economic concerns, pointing out that she ignores what he considers far more pressing risks. “She’s ignoring AI here in her arguments,” he said, “which arguably is far worse with all the capital expenditure and how these companies are spending their money.” URGENT!!! ELIZABETH WARREN WILL END $XRP !?!? pic.twitter.com/jVn5A7L20z — Levi | Crypto Crusaders (@LeviRietveld) May 18, 2026 Other Concerns on the Table He also pointed to the increase in Treasury yield as a more significant concern. In his view, Warren’s negative focus on crypto serves a strategic purpose. She is positioning it as the cause of any future economic downturn to justify heavier regulation down the line. Rietveld went further, arguing that Warren’s push for more crypto restrictions ultimately benefits large banks. “They would like nothing more than to have less competition and to shut down the crypto industry ,” he said. The Amendments That Failed Before the committee vote, Warren submitted more than 40 amendments to the CLARITY Act. Several targeted XRP directly. One sought to remove the bill’s grandfather clause, which grants automatic commodity status to tokens already backing a U.S.-listed spot ETF or ETP as of January 1, 2026. Without it, XRP would have faced a decentralization test that Ripple’s substantial token holdings could have complicated. Warren also pushed to block the Federal Reserve from granting master accounts to crypto firms, directly affecting Ripple. Another amendment sought to bar digital assets from retirement accounts. All of Warren’s amendments failed along party lines. XRP After the Vote The CLARITY Act, as passed by the committee, codifies XRP as a digital commodity . It establishes clear jurisdictional boundaries between the SEC and the CFTC. For XRP holders, it removes the regulatory overhang that has weighed on the asset and opens the door to more institutional capital. The bill now moves to the full Senate, where it will need 60 votes to advance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Will Elizabeth Warren End XRP? Here’s What Happened appeared first on Times Tabloid .
20 May 2026, 13:55
Trump Signals Cautious Stance on Iran, Says He Is ‘In No Rush’

BitcoinWorld Trump Signals Cautious Stance on Iran, Says He Is ‘In No Rush’ U.S. President Donald Trump stated this week that he is in no rush when it comes to dealing with Iran, signaling a deliberate and measured approach to one of the most volatile foreign policy challenges facing his administration. The comment, made during a press briefing, suggests that the White House is not currently pursuing immediate escalation or a rapid diplomatic breakthrough with Tehran. Background and Context The relationship between the United States and Iran has been fraught for decades, with tensions escalating significantly after the U.S. withdrawal from the Joint Comprehensive Plan of Action (JCPOA) in 2018 under Trump’s first term. Since then, Iran has accelerated its nuclear enrichment program, while the U.S. has maintained a policy of maximum economic sanctions. The current statement marks a shift in tone from previous aggressive posturing, hinting at a preference for strategic patience over confrontation. Implications for Regional Stability Analysts suggest that a “no rush” approach could reduce the immediate risk of military conflict in the Middle East, but it also leaves key questions unanswered regarding the status of nuclear negotiations and the future of sanctions relief. Regional powers, including Israel and Saudi Arabia, are closely watching U.S. signals. Iran’s leadership has responded cautiously, with state media framing the comment as a sign of American indecision. Market and Diplomatic Impact Oil markets have shown limited reaction to the news, as traders had already priced in a prolonged period of uncertainty. Diplomatically, European allies who have sought to mediate between Washington and Tehran may find the timeline for any renewed negotiations unclear. The statement also comes amid ongoing discussions in Congress about the scope of presidential authority regarding Iran policy. Conclusion President Trump’s remark that he is “in no rush” on Iran reflects a cautious, non-committal posture that may aim to preserve flexibility in a complex geopolitical landscape. While it reduces the likelihood of immediate confrontation, it also leaves the long-term trajectory of U.S.-Iran relations uncertain. Readers should monitor further statements from the administration and reactions from Tehran for clearer direction. FAQs Q1: What did President Trump say about Iran? He stated that he is in no rush regarding Iran, suggesting a deliberate, non-urgent approach to policy decisions. Q2: Why is this statement significant? It signals a potential shift away from aggressive posturing, possibly reducing the risk of immediate military conflict while leaving diplomatic timelines unclear. Q3: How have markets and allies reacted? Oil markets have been stable, and European allies are awaiting further clarity on whether negotiations will resume. This post Trump Signals Cautious Stance on Iran, Says He Is ‘In No Rush’ first appeared on BitcoinWorld .
20 May 2026, 12:55
Gold Holds Steady as Falling Yields Offset Hawkish Fed Signals

BitcoinWorld Gold Holds Steady as Falling Yields Offset Hawkish Fed Signals Gold prices stabilized during Wednesday trading as a retreat in US Treasury yields provided support, counterbalancing the persistent pressure from a hawkish Federal Reserve outlook. The precious metal hovered near recent ranges, reflecting a market caught between conflicting signals from the bond market and monetary policy expectations. Yields Retreat Lend Support to Non-Yielding Assets The decline in US Treasury yields, particularly the 10-year note, offered a reprieve for gold, which does not generate interest income. Lower yields reduce the opportunity cost of holding gold, making it more attractive relative to interest-bearing assets. This dynamic has been a key driver in recent sessions, as investors reassess the pace of economic growth and inflation expectations. Data released earlier this week showed a slight cooling in consumer confidence and mixed signals from the housing sector, prompting a flight to safety that benefited bonds and, by extension, gold. The yield on the benchmark 10-year Treasury fell by several basis points, providing a tailwind for the metal. Fed’s Hawkish Stance Caps Gains However, upside for gold remains limited by the Federal Reserve’s cautious approach to monetary easing. Recent comments from Fed officials have reinforced a wait-and-see posture, emphasizing the need for more evidence that inflation is sustainably moving toward the 2% target before considering rate cuts. This hawkish rhetoric keeps the US dollar relatively firm, which typically weighs on gold priced in dollars. The interplay between a strong dollar and lower yields has created a narrow trading range for the metal, with investors hesitant to commit to directional bets ahead of key economic data releases. Market Implications for Investors For market participants, the current environment suggests a period of consolidation for gold. The metal is effectively caught between supportive factors—such as geopolitical uncertainty and falling yields—and headwinds from a patient Fed and a resilient dollar. Traders are closely watching upcoming inflation reports and employment data for clues on the central bank’s next move. From a portfolio perspective, gold continues to serve as a hedge against tail risks and currency debasement, though its near-term price trajectory may remain range-bound until clearer signals emerge from the Fed’s policy path. Conclusion Gold’s steadiness reflects a market in balance, with falling US Treasury yields providing a floor while a hawkish Federal Reserve caps rallies. The precious metal is likely to remain sensitive to shifts in interest rate expectations and macroeconomic data in the coming weeks. Investors should monitor yield movements and Fed commentary for the next potential catalyst. FAQs Q1: Why does gold move inversely to Treasury yields? Gold is a non-yielding asset, meaning it does not pay interest or dividends. When Treasury yields fall, the opportunity cost of holding gold decreases, making it more attractive to investors. Conversely, rising yields increase the appeal of interest-bearing assets, reducing demand for gold. Q2: How does a hawkish Federal Reserve affect gold prices? A hawkish Fed signals a preference for tighter monetary policy, such as keeping interest rates higher for longer or delaying rate cuts. This strengthens the US dollar and raises bond yields, both of which are negative for gold prices as they increase the opportunity cost of holding the metal. Q3: What key data should gold investors watch next? Investors should focus on US inflation reports (CPI, PCE), non-farm payrolls, and Fed meeting minutes. These data points influence interest rate expectations and the dollar’s trajectory, which are primary drivers of gold price movements in the current environment. This post Gold Holds Steady as Falling Yields Offset Hawkish Fed Signals first appeared on BitcoinWorld .
20 May 2026, 12:41
Bitcoin Price Prediction: South Carolina Moves Against CBDCs With Zero-Tax BTC Bill

South Carolina just became the most aggressive pro-Bitcoin state in America. Bitcoin may be down, its price prediction is also hitting a low, but with regulatory clarity and institutional adoption, BTC is coiling. Governor Henry McMaster signed Senate Bill S.163 into law on May 19, 2026, implementing a total ban on CBDCs, tax neutrality for crypto payments, and hard protections for miners and self-custody holders. The vote was resolved at 110-1 in the House, a genuine bipartisan conviction. The document states: AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO PROHIBIT A GOVERNING AUTHORITY FROM ACCEPTING OR REQUIRING PAYMENT USING CENTRAL BANK DIGITAL CURRENCY OR PARTICIPATING IN A TEST OF CENTRAL BANK DIGITAL CURRENCY; TO PERMIT INDIVIDUALS OR BUSINESSES USING DIGITAL CURRENCY FOR TRANSACTIONS; TO PROVIDE THAT DIGITAL ASSETS MAY NOT BE SINGLED OUT FOR DISPARATE TAX TREATMENT; TO PROVIDE THAT DIGITAL CURRENCY TRANSACTION MAY BE TAXED IF THE TAXATION IS THE SAME AS IF THE TRANSACTION USED UNITED STATES LEGAL TENDER; TO RESTRICT CERTAIN ACTIVITY FOR DIGITAL CURRENCY OPERATIONS THAT ARE ZONED FOR INDUSTRIAL USE; TO PROVIDE THAT DIGITAL ASSET MINING BUSINESS OPERATIONS SHALL NOT PLACE ANY ADDITIONAL STRESS ON THE ELECTRICAL GRID FOR WHICH THEY ARE CONNECTED AND TO PROVIDE THAT DIGITAL MINING BUSINESSES MUST PROVIDE CERTAIN INFORMATION TO THE PUBLIC SERVICE COMMISSION UPON REQUEST; TO PROVIDE THAT THOSE ENGAGED IN DIGITAL MINING OPERATIONS DO NOT HAVE TO OBTAIN CERTAIN LICENSES AND THAT THOSE WHO PROVIDE CERTAIN SERVICES RELATED TO DIGITAL MINING OR STAKING ARE NOT OFFERING A SECURITY; TO PROVIDE THAT THE ATTORNEY GENERAL CAN PROSECUTE AN INDIVIDUAL OR BUSINESS THAT FRAUDULENTLY CLAIM TO BE OFFERING DIGITAL ASSET MINING AS SERVICE OR STAKING AS A SERVICE; AND TO DEFINE NECESSARY TERMS. The law bars state agencies from accepting or testing any federal central bank digital currency, shields proof-of-work mining operations from discriminatory zoning and noise ordinances, and eliminates extra fees or levies on goods purchased with digital assets . A separate House Bill, H.4256, would additionally allow South Carolina’s treasurer to allocate up to 10% of unallocated state funds into Bitcoin as an inflation hedge, capped at 1,000,000 BTC. Discover: The best crypto to diversify your portfolio with Bitcoin Price Prediction: Reclaim $80,000 as State-Level Adoption Accelerates? At $77,000, Bitcoin is pulling back from recent highs but remains structurally elevated. The $75,000 level is the line that matters as a major psychological and technical support zone that needs to be defended to keep the uptrend intact. A daily close below that threshold would shift short-term momentum decisively bearish. The weekly 4.5% drop reads as profit-taking after a rally from $66,000 to $83,000, particularly given the macro and legislative tailwinds accumulating beneath the price. ETF inflows remain a persistent bid, and the state-level reserve demand would represent a structural buyer class that doesn’t sell on red candles. Bitcoin (BTC) 24h 7d 30d 1y All time If Bitcoin could hold $75,000 as support and legislative momentum from South Carolina accelerates copycat bills in other states, ETF inflows could push the price back through $80,000. However, a break below $75,000 on volume would open the door to the $72,000 range, likely triggering forced liquidations and headlines of ETF outflows. Regulatory clarity tends to compress volatility and attract institutional positioning, meaning South Carolina’s move may be more consequential for medium-term price structure than this week dip suggests. 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The project has raised more than $32 million at a current presale price of just $0.0136 , with 35% APY staking available for early holders. Hyper also offers a Decentralized Canonical Bridge that handles BTC transfers across the Layer 2 for traders watching Bitcoin’s state-level policy cycle accelerate, Bitcoin Hyper represents early infrastructure-layer positioning that is worth researching. The post Bitcoin Price Prediction: South Carolina Moves Against CBDCs With Zero-Tax BTC Bill appeared first on Cryptonews .
20 May 2026, 12:35
Jane Street Faces Insider Trading Allegations Over $192M UST Sale Before Terra Collapse

BitcoinWorld Jane Street Faces Insider Trading Allegations Over $192M UST Sale Before Terra Collapse A new legal filing has placed global quantitative trading firm Jane Street at the center of a controversy surrounding the collapse of the Terra ecosystem in May 2022. The Terraform Labs bankruptcy trustee has accused Jane Street of selling approximately $192 million worth of UST, the Terra ecosystem’s algorithmic stablecoin, shortly before its dramatic de-pegging event. The allegations, reported by CoinDesk, were detailed in a lawsuit filed in Manhattan federal court, claiming the firm acted on insider information. Allegations of Insider Knowledge The lawsuit alleges that Jane Street gained non-public information about Terra’s internal instability through a private Telegram chatroom named “Bryce’s Secret.” According to the filing, Bryce Pratt, a Jane Street employee at the time and a former intern at Terraform Labs, provided the firm with insights from his contacts within the project. This information allegedly prompted Jane Street to liquidate its entire holding of roughly 193 million UST on May 7, 2022, just hours before the stablecoin lost its dollar peg. Timing and Financial Details The filing highlights a particularly suspicious sequence of events. It claims that Jane Street sold $85 million in UST just nine minutes after Terraform Labs withdrew $150 million in liquidity from a Curve Finance (CRV) pool—a move that the trustee argues signaled internal distress. The trustee further alleges that Jane Street profited by approximately $134 million from a short position taken after the sale. The total value of the UST sold by Jane Street before the collapse is pegged at roughly $192 million. Jane Street’s Response Jane Street has strongly denied the allegations. In a statement, the firm asserted that the losses suffered by Terra and LUNA investors were the result of a multi-billion dollar fraud perpetrated by Terraform Labs’ management. The company has pledged to “vigorously defend” itself against what it described as baseless claims, framing the lawsuit as an attempt to shift blame away from the project’s founders. Broader Implications for the Crypto Industry This case adds another layer of legal scrutiny to the Terra collapse, one of the most catastrophic events in cryptocurrency history, which erased an estimated $40 billion in market value. The allegations against a major, established trading firm like Jane Street raise serious questions about information asymmetry and market manipulation in the largely unregulated crypto space. The outcome of this lawsuit could have significant implications for how insider trading laws are applied to digital assets and decentralized finance (DeFi) protocols. Conclusion The lawsuit against Jane Street is a developing story that underscores the ongoing legal and regulatory fallout from the Terra collapse. While the allegations are serious, they remain unproven, and Jane Street has signaled its intent to contest them in court. For investors and market observers, this case serves as a critical test of legal accountability in the cryptocurrency market. FAQs Q1: What is Jane Street accused of doing? The Terraform Labs bankruptcy trustee alleges that Jane Street used insider information to sell $192 million in UST and profit $134 million from a short position just before the Terra ecosystem collapsed in May 2022. Q2: What is the basis of the insider trading claim? The lawsuit claims that a Jane Street employee, Bryce Pratt, who was a former Terraform Labs intern, shared information from a private Telegram chatroom that alerted the firm to the project’s internal problems before the public knew. Q3: How has Jane Street responded to the allegations? Jane Street has denied the claims, stating that the losses were caused by fraud at Terraform Labs. The firm has said it will “vigorously defend” itself against what it calls baseless accusations. This post Jane Street Faces Insider Trading Allegations Over $192M UST Sale Before Terra Collapse first appeared on BitcoinWorld .









































