Law and Order

In brief Senator Adam Schiff introduced the COIN Act, which would bar the president, vice president, and their families from engaging in crypto businesses while in office. It would, if passed, punish them with civil fines and up to five years in prison for violating such rules. Just last week, however, Schiff voted to pass […]

In brief Veer Chatel pled guilty conspiracy to commit wire fraud and conspiracy to launder monetary instruments, in connection to a social engineering attack. One victim lost approximately $245 million in Bitcoin due to the scam, with 14 other individuals charged in connection to the heist. The government doesn’t want Chatel released ahead of his

In brief Coinbase has obtained a MiCA license via Luxembourg. The license enables Coinbase to offer crypto services across all 27 EU countries. It follows similar efforts by Gemini, OKX and Crypto.com to get regulated in Europe. Coinbase has secured regulatory approval to operate across the European Union under the Markets in Crypto Assets framework,

In brief Wyoming lawmakers have been talking about introducing a stablecoin since 2022. The asset, WYST, is now targeted to launch on August 20 during the Wyoming Blockchain Symposium. This week, the U.S. Senate passed the GENIUS Act, which would create a legal framework for stablecoins. The Cowboy State moved one step closer to issuing

In brief Norway’s government has said it is planning to impose a temporary ban on new crypto mining operations. The country has cracked down on crypto mining before. But the country’s ruling Labor Party also said power used for mining digital assets could be put to better use, including for community data centers, and blockchain. 

In brief Thailand’s SEC is seeking public input on new listing rules for digital assets, with a consultation open until July 21, 2025. Proposed rules would allow exchanges to list self-issued tokens and require disclosures to prevent insider trading. The move aligns with Thailand’s broader push to become a global crypto hub, following recent tax

In brief The bill passed the Senate 16-14 after procedural manoeuvres and now heads to the House for a final vote. Arizona’s bill is part of a broader national push for state-level crypto legislation under Trump. The state has already passed one Bitcoin bill, but others have been vetoed. Arizona’s Senate has passed a revived

In brief Telegram co-founder and CEO Pavel Durov was arrested in France last year. Authorities allege illegal material was being shared on the crypto-friendly app. Durov will be allowed to travel to Dubai for just two weeks. Embattled Telegram co-founder and CEO Pavel Durov may leave France to travel to Dubai, according to a Thursday

In brief Treasury Secretary Scott Bessent said stablecoins could strengthen dollar dominance and urged swift passage of federal crypto legislation. His comments came as Trump pushed Congress to fast-track the GENIUS Act after Senate approval, reversing last month’s failed procedural vote. Industry leaders welcomed the move but warned that political infighting and perceived conflicts could