Here’s what happened in crypto today
In the latest cryptocurrency news, the Chicago Mercantile Exchange (CME) briefly listed upcoming derivative products linked to cryptocurrencies, hinting at futures contracts for Ripple's XRP and Solana's SOL set to debut around February 10, pending regulatory approval. These contracts are expected to come in both standard and micro sizes. Meanwhile, a pivotal ruling by a US court in Texas has overturned sanctions against the privacy-focused cryptocurrency mixer Tornado Cash, which the Office of Foreign Assets Control (OFAC) sanctioned in 2022 for its alleged role in laundering funds for North Korea's Lazarus Group. This decision could indicate a shift toward more innovation-friendly regulations for privacy-preserving technologies. In another major development, US President Donald Trump announced a full and unconditional pardon for Ross Ulbricht, the founder of the Silk Road darknet marketplace, allowing him to leave prison after serving 12 years of a life sentence.
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