In today's crypto news, Tether has announced it will stop minting its Euro-pegged stablecoin, EURt, with support ending in November 2025. Tether CEO Paolo Ardoino emphasized that this move is due to evolving regulations in Europe, prioritizing its USDt offering. In regulatory developments, former SEC Commissioner Paul Atkins is being considered as a potential chair under the upcoming Trump administration, which could shift oversight of crypto from the SEC to the CFTC, promoting innovation in the sector. Finally, Tornado Cash users celebrated a legal victory as a US appeals court ruled that the Treasury's sanctions against its smart contracts were unlawful, asserting that these contracts are not classified as property under the IEEPA. Additionally, Ripple has contributed $45 million to the Fairshake PAC to support pro-crypto candidates in future elections.

Source 🔗