The TON Foundation has appointed Maximilian Crown, co-founder of MoonPay, as its new CEO amid a slowdown in the TON ecosystem's growth. Crown's experience in the crypto payments industry is expected to help revitalize the platform, which has seen significant user engagement and investment recently.

U.S. CFTC Commissioner Kristen Johnson has announced her departure, leaving the agency with no sitting commissioners as it prepares for incoming chairman Brian Quintenz. Legal experts warn that the commission could face challenges if it operates with just one commissioner, raising concerns about its ability to effectively oversee the growing U.S. crypto market.