"Blockchain Regulatory Certainty act introduced " Jan 13, 2026

Today's blockchain and crypto news Bitcoin is up slightly at $91,977 Ethereum is up slightly at $3,131 And Binance Coin is up slightly at $908 Former NY Mayor Eric Adams accused of rug pull. BitGo files amended registration BitMine buys more ETH Blockchain Regulatory Certainty act introduced ###Gemini Card Disclosure: The Gemini Credit Card is issued by WebBank. In order to qualify for the $200 crypto intro onus, you must spend $3,000 in your first 90 days. Terms Apply. Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. This content is not investment advice and trading crypto involves risk. For more details on rates, fees, and other cost information, see Rates & Fees. The Gemini Credit Card may not be used to make gambling-related purchases. ### For 40% off your order, head to Udacity.com/DCR and use code DCR. Learn more about your ad choices. Visit megaphone.fm/adchoices

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  It's 8 a.m. Eastern, January the 13th, and this is your daily crypto report. Bitcoin is up slightly at $91,977. Ethereum is up slightly at $3,131. And Binance Coin is up slightly at $908.

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  Well, crypto custody firm BitGo filed an amended registration statement Monday seeking to raise about $201 million in a United States IPO proposing to sell 11 million shares of Class A common stock at an estimated $15 to $17 per share. It is applied to list on the New York Stock Exchange under the ticker BTGO but did not disclose timing, and it plans to keep a dual-class structure, leaving CEO and co-founder Michael Belshi in control via Class B majority voting power and making BitGo a controlled company under NYSE rules. Well, former New York City Mayor Eric Adams promoted a meme coin called the NYC Token at a Times Square press conference on Monday, but crypto observers soon raised rug pull alarms after on-chain activity suggested much of the liquidity was pulled.

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  Rune Crypto said at least $3 million was drained, and Bubble Maps flagged a deployer-linked wallet that removed about $2.5 million in USDC near the peak, then added back roughly $1.5 million after the price fell more than 60%, a pattern compared to the controversial Libra launch. Another observer warned the project looked highly centralized and risky, while Adams had not publicly identified co-founders and did not respond immediately to inquiries. The project site says the token is on Solana with a 1 billion total supply, and that 70% is earmarked for a NYC token reserve outside the planned circulating supply. And Adams said the token's revenue would fund an unnamed nonprofit focused on issues like anti-Americanism and antisemitism.

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  This is a developing story. Back said Monday, it agreed to acquire stablecoin infrastructure provider Distributed Technologies Research Limited as part of its ongoing pivot toward B2B2C turnkey services for enterprises planning to issue more than nine million Class A shares to DTR shareholders and arguing the deal will speed up its stablecoin settlement rollout, reduce reliance on third parties, and support payments and banking revenue. These shares finished up 18% on the news. Well, the Tom Lee chaired Ethereum Treasury firm Bitmine Immersion said its ETH holdings rose by over 24,000 ETH since January 5th, bringing total crypto and cash holdings to $14 billion. It didn't disclose its average purchase price, but the latest buy is worth roughly 75 million at current prices.

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  Bitmine says its ETH position equals about 3% of Ethereum's circulating supply. Bitmine says it ultimately targets owning 5% of circulating ETH. Senator Cynthia Lummis and Ron Wyden introduced the Blockchain Regulatory Certainty Act on Monday to clarify that software developers and certain service providers who don't take custody or control of users' funds shouldn't be treated as money transmitters, arguing that applying exchange-style rules to people who simply write code is misguided and risks privacy and free speech harms. In parallel, the Senate Agriculture Committee's planned Thursday markup of its own market structure bill was delayed to later this month as negotiators across Congress, crypto, and banking keep sparring over issues like stablecoin yield, how to address President

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  Donald Trump's conflicts tied to family crypto ventures, and how decentralized finance should be handled. That's all for us today. Visit us at dailycryptoreport.io and listen to us everywhere else you podcast under Daily Crypto Report.

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