Law and Order

In brief Democratic Senator Richard Blumenthal has opened an investigation into President Trump’s crypto businesses. Blumenthal has alleged that the launch of the Trump meme coin is unethical. President Trump has a number of digital asset ventures that draw ire from Democrats. Democratic senator Richard Blumenthal is investigating how President Donald Trump’s crypto business ventures

In brief The CFTC filed a motion to drop its appeal of a court decision that allowed Kalshi to accept bets on U.S. election outcomes. The motion aims to end a legal battle between Kalshi and the CFTC that dates back two years. The CFTC’s move comes as federal regulators reduce their oversight of technology

In brief House Democrats prevented a crypto-focused hearing from proceeding Tuesday in protest of President Trump’s crypto ventures. Rep. Maxine Waters, who led the walk out, said its purpose was to add language to crypto bills preventing the president from profiting from the sector while in office. The dramatic standoff highlights how escalating tensions are

In brief Senate Majority Leader John Thune signaled openness to Democratic amendments on the GENIUS Act ahead of a key floor vote. The move comes after nine Senate Democrats issued a joint statement opposing the bill without stronger safeguards. Republicans need at least seven Democratic votes to advance the legislation, which would create a federal

In brief Florida joins at least seven states in rejecting Bitcoin reserve bills in 2025. Legislative support is thinning, with most proposals stalling before a floor vote. Texas and New Hampshire remain the top contenders, still pushing forward. Florida’s attempt to back its treasury with Bitcoin has fizzled. Two bills, HB 487 and SB 550,

In brief Alexander Gurevich was arrested in Israel while attempting to leave the country using a new passport issued under a different name. U.S. prosecutors allege he was the first to exploit a critical flaw in Nomad’s code, sparking a $190 million bridge drain. The exploit went viral within hours, as hundreds of copycats mimicked

In brief Senator Elizabeth Warren is labeling a Trump-linked stablecoin deal with the UAE firm “shady.” Warren also said the GENIUS Act would let the president profit from crypto tied to foreign governments. She has urged senators to vote no unless the bill adds safeguards against abuse. U.S. Senator Elizabeth Warren (D-MA) has reissued warnings