The US House GOP has announced the week of July 14 as “Crypto Week” to push three key crypto bills. Lawmakers will consider the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act, to be brought to a vote. NEW: Chairman @RepFrenchHill, @HouseAgGOP Chairman @CongressmanGT, and House Leadership announced that the week […]
New York Attorney General Letitia James has raised serious concerns over the recently passed GENIUS Act, warning Congress that the bill, in its current form, could leave investors and the U.S. financial system vulnerable. In a letter sent Monday to congressional leaders, James urged lawmakers to slow down the legislative process and implement stronger guardrails
Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote Read More »
Connecticut Governor Ned Lamont has officially signed into law a comprehensive “Bitcoin Reserve Ban” that prohibits the state from accepting, holding, or investing in digital asset. The legislation, known as H.B. 7082, passed unanimously through both the state House of Representatives and Senate without a single opposing vote. Source: cga.ct.gov The new law explicitly bars
The United States Supreme Court has declined to hear a case challenging the Internal Revenue Service’s ability to access cryptocurrency user data, leaving in place a lower court ruling that allows the agency to collect records from Coinbase. In an order released Monday, the justices denied a petition from Coinbase user James Harper, who had
A British national has been indicted in the United States for allegedly orchestrating a large-scale hacking operation under the alias “IntelBroker,” resulting in over $25 million in damages to businesses and institutions worldwide. The U.S. Attorney’s Office for the Southern District of New York announced the indictment of 25-year-old Kai West on Wednesday. West is
A group of senior Senate Republicans has released a set of core principles outlining how they want the United States to regulate its digital asset markets. The announcement, made Tuesday morning, comes as lawmakers prepare for a new round of discussions seeking to build a legislative framework for crypto in the U.S. Senator Tim Scott,
Senate GOP Unveils Bold Crypto Market Structure Principles – Here’s What Could Change Read More »
Turkey’s Ministry of Treasury and Finance is tightening regulations on crypto asset service providers in a bid to clamp down on illicit financial activities. According to the Ministry, digital asset platforms must now collect and verify more detailed information about user transactions. This information includes obtaining a written explanation of at least 20 characters describing
The week saw dramatic developments in crypto regulation—from sweeping new legislation in the U.S. Senate to the largest crypto seizure in U.S. history. As lawmakers move to formalize stablecoin rules and enforcement agencies crack down on fraud, the digital asset industry continues to operate under increasing crypto regulation and legal scrutiny. Here’s your roundup of
A recent data breach has exposed over 16 billion login credentials from online platforms, including Apple, Google, Facebook, Telegram, and GitHub. The Cybernews research team, which uncovered the leak, described it as one of the largest credential dumps ever recorded, with serious implications for online users, crypto security, and digital asset management. 16B Login Records
US President Donald Trump has called on the House of Representatives to swiftly pass the GENIUS Act without making any amendments, urging lawmakers to deliver the bill to his desk “ASAP.” In a post on Truth Social Thursday, Trump celebrated the Senate’s approval of the bill and warned against any attempts to delay or tweak
Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks Read More »
