Wintermute, a London-based trading firm, is shaking up the meme coin market as it shifts its portfolio towards PEPE token, challenging SHIB's dominance. The move signals a change in meme coin dynamics, as PEPE's listing on Bitfinex and Wintermute's trading activity highlight the continued importance of meme coins in the crypto landscape.
Texas is setting new precedents in cryptocurrency regulation with the recent passage of a bill enforcing 'proof-of-reserve' requirements on cryptocurrency exchanges. The bill forms part of the Texas Virtual Currency Act (TVCA), which recognizes the legal status of virtual currency and provides legal rights to cryptocurrency holders.