Law and Order

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

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