Crypto-politics
With the general counsel stepping down, some of the main characters in the crypto industry's recent clashes with the Securities and Exchange Commission are out. What to know: The exit door is propped open at the Securities and Exchange Commission as…
Senator Cynthia Lummis, set to lead the Senate Banking Committee's digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking. What to know: Senator Cynthia Lummis, who has led the effort for a bitcoin U.S. strategic reserve,…
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly. What to know: Tax policy superseded crypto as the hot topic at Treasury secretary nominee Scott Bessent's hearing in the…
Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations. What to know: If the decision is confirmed Upbit could be prevented from new customer related business for up to six months. The decision…
The country's prime minister held discussions with Abu Dhabi's government and crypto exchange Binance to formulate how to move forward. What to know: Malaysia's prime minister said he's considering introducing crypto and blockchain legislation. In recent years, regulators told Binance and…
The Texas Blockchain Council is optimistic about Trump’s comeback — but miners may face new difficulties in Texas. What to know: Eight blockchain associations united on Tuesday to create the North American Blockchain Association. Lee Bratcher, president of the Texas Blockchain…
Emma Reynolds was appointed as the new economic secretary following the resignation of Tulip Siddiq. What to know: Tulip Siddiq resigned as the economic secretary at the Treasury on Tuesday. Her resignation followed a scandal regarding her ties to Bangladesh. The…
The remaining 25,000 bitcoins stolen in the 2016 hack must be returned through a more complex claims process. What to know: Federal prosecutors want to ship most of the bitcoin stolen from Bitfinex back to the exchange. The criminal cases against…
In another 11th-hour court loss for Chair Gary Gensler's tenure, judges in a Coinbase case again call the SEC's crypto position "arbitrary and capricious." What to know: The U.S. Securities and Exchange Commission is now under a federal court order to…
FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he's critical of the FDIC's digital assets stance. What to know: The Federal Deposit Insurance Corp.'s incoming interim chairman, Travis Hill, said…
Kenya's move represents a significant policy shift from their previous warnings about the crypto industry. What to know: Kenya is preparing legislation to legalize cryptocurrencies. Their goal is to capitalize on the potential benefits associated with the industry while mitigating fraud,…
Russian nationals have been charged with crimes for allegedly running the crypto mixing services Blender.io and Sinbad.io used by North Korean hackers. What to know: A trio of Russian nationals has been charged with crimes in connection with running U.S.-sanctioned crypto…