Crypto Regulation News Archives - Page 2 of 8

Digital Asset Bills Create A Casino For Crypto Billionaires, Rep. Maxine Waters Says

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Congresswoman Maxine Waters is doubling down on her pushback against the Republican-led “Crypto Week” in a new July 16 press release. Maxine Waters Slams Trump’s Crypto Ties In the scathing Monday press release published on the Democrats’ U.S. House Committee on Financial Services website, Waters claimed that the three key pieces of crypto legislation under […]

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GENIUS Act, Anti-CBDC Act, and CLARITY Act Pass Procedural Vote in Congress

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The U.S. House of Representatives voted 215-211 on July 16 to pass a procedural motion, allowing the GENIUS stablecoin bill, the Digital Asset Market Clarity Act, and the Anti-CBDC Surveillance State Act to proceed to final votes, marking a dramatic turnaround after President Trump’s Tuesday night Oval Office intervention. The procedural victory came just 24

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Trump Secures 11 GOP Votes for GENIUS Act Following Oval Office Meeting — Vote Expected Tomorrow

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President Donald Trump successfully rallied House Republicans back into line Tuesday night after personally meeting with GOP holdouts who had blocked major crypto legislation earlier in the day. The late-evening intervention secured commitments from 11 of the 12 Republicans needed to advance the stablecoin-focused GENIUS Act and companion crypto bills. Trump Steps Up After Unexpected

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U.S. DOJ Closes Polymarket Case – .6B Prediction Market Eyes Imminent U.S. Return

U.S. DOJ Closes Polymarket Case – $2.6B Prediction Market Eyes Imminent U.S. Return

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The U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) have officially ended their investigations into Polymarket, a popular blockchain-based prediction market platform. The closure of the probes launched in the final months of the Biden administration indicates a broader regulatory shift under President Trump, whose administration has adopted a more crypto-friendly stance.

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Tornado Cash Developer Storm Claims DOJ Bungled Critical Telegram Evidence

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Roman Storm, co-founder of the sanctioned Tornado Cash cryptocurrency mixer, has accused federal prosecutors of fundamentally mishandling key evidence ahead of his July 14 criminal trial in Manhattan. The dispute centers on a Telegram message reading “Heya, anyone around to chat about axie? Would like to ask a few general questions about how one goes

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US House Designates ‘Crypto Week’ to Consider Three Sweeping Reforms – End of Regulatory Fog?

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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

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Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote

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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

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Connecticut Goes Anti-Crypto as Governor Lamont Signs Bill Banning State Digital Asset Investments

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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

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Supreme Court Denies Coinbase User Appeal: IRS Can Still Access Your Crypto Data – What Now?

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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

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IntelBroker Indicted: British National Faces Charges for M+ Data Breach on BreachForums

IntelBroker Indicted: British National Faces Charges for $25M+ Data Breach on BreachForums

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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

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