Binance CEO: crypto industry will probably move to non-dollar stablecoins
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”
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US lawmakers and experts debate SEC’s role in crypto regulation
Senator Tim Scott questioned whether the SEC had been "asleep at the wheel" amid major bankruptcies in the crypto space causing the loss of millions in user funds.
Consumer Federation of California reattempts to regulate crypto companies
Assemblymember Timothy Grayson introduced the Digital Financial Assets Law to protect Californians from financial hardship and foster responsible innovation.
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
SEC chair issues warning to crypto firms after action on Kraken staking
“Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC.
Mississippi senate passes bill to protect cryptocurrency miners from discrimination
The state already has crypto miners, the bill to protect them still has to pass the house of representatives and be signed by the governor.
Kraken reaches $30M settlement with SEC over staking as IRS seeks user information
“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal.
Banks under pressure from U.S. authorities to cut ties with crypto firms
United States authorities are allegedly discouraging banks from offering services to the crypto industry.
Crypto Council for Innovation GC to testify at US Senate ‘crypto crash’ hearing
Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners.
FTX-tied townhouse in Washington DC unlisted: Report
A few blocks from the U.S. Capitol, the townhouse belongs to Guarding Against Pandemics, a nonprofit organization founded by Gabriel Bankman-Fried, SBF's brother.
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