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Legal Regulatory

IMX

Immutable's IMX token experienced a significant price rally of 15%, reaching $0.737, following the US Securities and Exchange Commission (SEC) dropping its investigation. The news triggered a 120% increase in daily trading volume, which exceeded $120 million.

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March 26, 2025 | 11:15 am

XRPUSD

Fox Business's Charles Gasparino and Ripple's CTO David Schwartz engaged in a public dispute over the interpretation of the Torres ruling in Ripple's SEC lawsuit. The legal battle appears to be winding down with Ripple's fine reduced to $50 million, but disagreements persist about the ruling's implications for securities law and investor disclosures.

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March 26, 2025 | 10:45 am

TXNM

TXNM Energy's subsidiary TNMP has received approval from the Public Utility Commission of Texas (PUCT) for a Transmission Cost of Service (TCOS) application. The approved annual rate increase of $11.5 million will recover $83.5 million of incremental transmission rate base, with rates becoming effective immediately upon approval.

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March 26, 2025 | 10:45 am

TXNM

TXNM Energy's subsidiary TNMP has received approval from the Public Utility Commission of Texas (PUCT) for a Transmission Cost of Service (TCOS) application. The approved annual rate increase of $11.5 million will recover $83.5 million of incremental transmission rate base, with rates becoming effective immediately upon approval.

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March 26, 2025 | 10:45 am

DOGEUSD

Edward Coristine, a 19-year-old senior adviser in Elon Musk's DOGE Service team, reportedly provided network services through his company DiamondCDN to a cybercrime group called EGodly. The group was known for cyberstalking an FBI agent, stealing data, and making threatening communications. His involvement raises significant concerns about the team's access to government networks.

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March 26, 2025 | 10:30 am

IMXUSD

The Securities and Exchange Commission (SEC) has concluded its investigation into Immutable without filing any charges. This development suggests regulatory compliance by the blockchain company and potentially signals a more favorable regulatory environment for blockchain enterprises.

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March 26, 2025 | 10:15 am

XRP

Ripple Labs has ended its legal dispute with the SEC after four years, agreeing to pay only $50 million of the original $125 million demand and recovering $75 million. The company has been actively engaging in political donations and Washington events, potentially signaling a shift in crypto regulatory landscape.

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March 26, 2025 | 10:15 am

SOL-USD

Fidelity Investments is preparing to launch a US dollar-pegged stablecoin and has filed for a Solana (SOL) ETF, signaling an aggressive expansion into digital assets. The moves come amid a potentially more crypto-friendly regulatory environment, with the firm also developing an Ethereum-based share class for its money market fund.

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March 26, 2025 | 9:45 am

BTCUSD

Kentucky has enacted House Bill 701, a landmark legislation that provides significant protections for Bitcoin users and miners. The bill ensures self-custody rights, prevents additional taxation on digital asset transactions, shields mining operations from discriminatory zoning, and exempts blockchain nodes from money transmitter rules.

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March 26, 2025 | 9:45 am

ME

Genetic testing company 23andMe has filed for Chapter 11 bankruptcy protection, with CEO Anne Wojcicki resigning and the company seeking to sell its assets. The bankruptcy raises significant privacy concerns about the potential sale and security of users' sensitive genetic data, with experts recommending users proactively delete their information.

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March 26, 2025 | 9:45 am