On January 31, 2024, leading U.S. banking trade groups, including the American Bankers Association (ABA), the Bank Policy Institute (BPI), and the Securities Industry and Financial Markets Association (SIFMA), sent a formal petition to the U.S. Securities and Exchange Commission (SEC) requesting that it withdraws a controversial cybersecurity incident disclosure rule. The petition, submitted on […]
Key Takeaways: A French court denied Pavel Durov permission to attend the Oslo Freedom Forum. Durov remains under legal restrictions in France after being indicted on six charges tied to Telegram’s misuse. He accused French intelligence of pressuring him to censor political content Telegram co-founder Pavel Durov will not appear in person at the Oslo
French Court Blocks Pavel Durov’s Travel to Oslo Freedom Forum Read More »
U.S. Congressmen Sean Casten (IL-06) and Adam Smith (WA-09) are spearheading efforts by U.S. lawmakers demanding that the Department of Justice (DOJ) investigate whether U.S. President Donald Trump’s $TRUMP meme coin dinner violates federal bribery laws or the Constitution’s foreign emoluments clause, according to a May 22 letter. Casten, Smith Call for DOJ Inquiry Into
If you thought crypto regulation in the U.S. was chaotic before, this past week has flung us into an entirely new era of high-stakes showdowns, political grandstanding, and judicial reality checks. From Judge Torres’ bombshell ruling in the SEC-Ripple case to Trump’s meme coin dinners and the Senate’s uneasy embrace of stablecoins, the crypto regulation
Ranking Member of the House Financial Services Committee Maxine Waters (D-CA) introduced a new bill targeting corruption in the crypto sector just hours before U.S. President Donald Trump’s gala dinner for $TRUMP meme coin investors outside the nation’s capital on Thursday. Waters, Democrats Unveil Crypto Corruption Bill Known as the “Stop Trading, Retention and Unfair
Maxine Waters Slams Trump’s $TRUMP Gala, Drops ‘Stop Crypto Corruption’ Bill Read More »
The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on the Solana ETF proposals from Bitwise and 21Shares, as revealed in a May 20 filing. The holdup follows earlier delays on would-be ETFs tied to Ethereum staking, XRP, and Dogecoin. Crypto enthusiasts still hope to see more exchange-traded products make it to
Bitwise and 21Shares Solana ETF Reviews Delayed as SEC Extends Decision Timeline Read More »
Key Takeaways: Michigan introduced four new bills aimed at defining crypto policy and limiting federal control over digital assets. One bill would allow public pension funds to invest in Bitcoin through regulated exchange-traded products. Another bill proposes a state-level ban on supporting or promoting a U.S. central bank digital currency. Michigan lawmakers introduced four new
Michigan Lawmakers Introduce Four New Bills Targeting Crypto Regulation Read More »
Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson is announcing her intent to leave the regulator as the agency faces a string of departures, a new statement posted to the CFTC website shows. Kristin Johnson Bids Farewell To The CFTC According to Johnson’s statement, the former Emory University professor has notified U.S. President Donald Trump
CFTC Leadership Shake-Up: Commissioner Kristin Johnson to Step Down Read More »
The South Korean Financial Services Commission (FSC) will mandate non-profit organizations and cryptocurrency exchanges to comply with a strict customer verification process from June. In an official release, the country’s top financial regulator announced that these entities will be allowed to sell digital assets under the new regulations. Non-profits are allowed to sell cryptos that
Key Takeaways: Lawmakers questioned SEC Chair Paul Atkins over the agency’s decision to pause its case against crypto figure Justin Sun and his involvement with a Trump-associated meme coin. The inquiry came during a congressional hearing focused on federal oversight and funding, with concerns raised about possible conflicts of interest. Atkins confirmed the SEC’s case
