Last week was filled with significant events in the cryptocurrency world. Among the key news was the verdict in the case of the co-founder of Tornado Cash, the launch of sales for a new crypto smartphone, and the presentation of the updated version of ChatGPT.
This is reported by Finway
Market Indicators and Regulatory Changes
Bitcoin showed positive dynamics, reaching a mark of $118,697. Ethereum also demonstrated significant growth, surpassing the psychological level of $4,000 for the first time since December 2024. Its current value stands at $4,189.
“The red lines regarding the legalization of crypto assets in Ukraine are clear – the NBU does not consider virtual assets as money and insists on fully retaining its powers in terms of monetary policy,” stated the head of the National Bank of Ukraine, Andriy Pyshny.
An important event was the decision by the SEC in the USA to allow the classification of certain stablecoins as cash equivalents. The regulator also published clarifications regarding liquid staking, stating that this activity does not fall under securities legislation.
Technological Innovations and Legal Proceedings
Solana Mobile has begun shipping Seeker smartphones to 50 countries. This is the second generation of the crypto smartphone from the manufacturer, which features built-in solutions to simplify interaction with Web3.
OpenAI introduced the updated version of its chatbot – GPT-5, calling it the most advanced artificial intelligence system to date. The model has become more accurate and faster in performing real tasks.
In the court case of Tornado Cash co-founder Roman Storm, the jury delivered a verdict of partial guilt. He was found guilty of conspiracy to engage in unlicensed money transfer activities. Storm faces up to five years in prison.