Law and Order

As the SEC barrels forward with its pro-crypto agenda under the second Donald Trump administration, the agency’s sole remaining Democratic commissioner has begun openly questioning whether the sector is now being actively promoted by the Commission to a disproportionate extent. During the regulator’s fourth crypto-focused roundtable since March, which today focused on moving traditional Wall […]

Some state-level Bitcoin reserve proposals across the U.S. have hit roadblocks, after multiple states rejected bills to invest public funds in the leading crypto. Of the 50 U.S. states, over half have introduced or are considering legislation related to Bitcoin reserves or investments in digital assets, but the fate of many of these bills remains

In brief Virginia man Mohammed Azharuddin Chhipa was sentenced to 30 years in jail for funding ISIS with crypto, the DOJ said. He sent over $185,000 in crypto to female ISIS members in Syria to aid prison breaks, according to the agency. Prosecutors said he used social media and encrypted apps to collect and launder

In brief Treasury Secretary Scott Bessent called the Senate’s failure to advance the GENIUS Act a missed chance to secure U.S. leadership in stablecoin regulation. The bill collapsed after last-minute Democratic defections, driven by concerns over rushed revisions and regulatory gaps. Industry leaders, including Coinbase’s Brian Armstrong, say crypto remains a legislative priority, with renewed

In brief Ripple and its executives will pay $50 million in a settlement with the SEC announced Thursday. Commissioner Crenshaw says the move undermines enforcement and investor protections. The settlement comes as the SEC drops other crypto cases under Trump-era leadership. SEC Commissioner Caroline Crenshaw has publicly denounced the agency’s recent settlement with Ripple Labs,

The Senate’s GENIUS Act failed to pass a key procedural vote on Thursday, a stunning blow to the stablecoin bill’s chance of passage that may have further negative consequences for other crypto legislation pending on Capitol Hill. Several pro-crypto Democrats voted against cloture on the bill, meaning they did not support formally ending debate on

In brief Kuwait has questioned 116 over illegal crypto mining as part of a crackdown. Authorities are investigating the illegal use of electricity for crypto mining across 59 residential properties. Kuwaiti residents pay just 4.6 cents per kilowatt-hour of electricity, four times less than the U.S. average. Kuwaiti authorities have ramped up their crackdown on

In brief G7 leaders are expected to discuss North Korea’s use of crypto hacks to fund weapons programs next month, amid heightened geopolitical tensions. The DPRK has stolen billions in crypto through advanced cyberattacks, including high-profile breaches like Axie Infinity and Bybit. Officials are increasingly concerned about Pyongyang’s deepening ties with Russia and the growing

In brief Arizona has passed HB 2749, allowing unclaimed crypto assets to be held in their native form rather than liquidated. The law introduces a three-year dormancy threshold before digital assets must be turned over to the state. A reserve fund will capture earnings from unclaimed assets, with distributions subject to legislative approval. Arizona Governor