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California AI bill under scrutiny by US policymakers

[Aug 19, 2024 11:39 AM] Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.

Better Markets CEO Says SEC Has 90% Chance of Winning in Ripple Appeal — Criticizes Judge’s XRP Ruling

[Aug 18, 2024 11:35 PM] Dennis Kelleher, CEO of Better Markets, says the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning an appeal in the Ripple lawsuit over XRP. He criticized the court ruling as flawed, arguing that the judge in the Ripple case…

Crypto mixer founder argues 30-year prison sentence is ‘unwarranted’

[Aug 16, 2024 10:05 PM] In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service.

California removes teeth from AI law without addressing tech’s core concerns

[Aug 16, 2024 8:33 PM] The law appears more corporate-friendly, but the implications for consumers are a bit murkier.

NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes

[Aug 16, 2024 4:44 PM] Activity keeps heating up around Bitcoin and Ether ETF options.

Solana ETFs will not see significant demand — Sygnum research head

[Aug 15, 2024 3:36 PM] Low uptake of Grayscale’s Solana fund is an early indicator, she said.

Exclusive: Fireblocks granted New York charter for crypto custody

[Aug 14, 2024 7:00 PM] The charter allows Fireblocks to offer cold-storage custody to US clients.

Crypto ETFs will expand to new asset types, indexes — Grayscale executive

[Aug 12, 2024 9:39 PM] The pace of adoption of crypto exchange-traded funds in the United States has been surprising even to Grayscale.

Putin Signs Law to Regulate Crypto Mining in Russia

[Aug 10, 2024 10:30 PM] Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November. This legislation establishes a regulated framework for mining operations…

Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF

[Aug 9, 2024 4:35 PM] If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.

Bitrace warns of new crypto scam using QR codes

[Aug 8, 2024 7:45 PM] The scam starts with a small payment of Tether (USDT) to the user.

CFTC announces $1M award for crypto whistleblower

[Aug 8, 2024 7:10 PM] The notice came the same day a judge approved a $12.7 billion settlement between defunct crypto exchange FTX, Alameda Research, and the US Commodity Futures Trading Commission.

Franklin Templeton’s tokenized money fund launches on Arbitrum

[Aug 8, 2024 2:22 PM] It’s a stamp of approval for the layer 2 from United States regulators.

Jump likely shuttered development arm, not trading — 1000x co-host

[Aug 7, 2024 9:14 PM] Jonah Van Bourg expects Jump’s quantitative crypto trading business is continuing to operate as before.

Judge finds Ripple Labs liable for $125M penalty in SEC case

[Aug 7, 2024 8:51 PM] Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds.

Morgan Stanley advisers can officially pitch Bitcoin ETFs

[Aug 7, 2024 5:33 PM] For now, the advisory platform is only recommending ETFs from BlackRock and Fidelity.

US Presidential election now a ‘tossup’ — Polymarket

[Aug 7, 2024 4:40 PM] Donald Trump still has a slight lead on the betting platform, but Harris is closing in.

California county to regulate Bitcoin ATMs backed by state laws

[Aug 7, 2024 8:34 AM] Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency.

Nasdaq asks to list options on spot Ethereum ETFs — Filing

[Aug 6, 2024 9:41 PM] Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.

India demands $86M from Binance in unpaid GST taxes

[Aug 6, 2024 8:11 AM] Binance faces a demand for nearly $86 million in unpaid GST from Indian authorities, aiming to resume operations after a previous ban.

Crypto PACs are spending big on US elections — What it means for the industry

[Jul 31, 2024 1:01 PM] Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars.

The Bahamas 'Dares' Again 1.5 Years After FTX Collapse, Brings in New Crypto Law

[Jul 31, 2024 12:36 PM] The Bahamas, where bankrupt cryptocurrency exchange FTX was headquartered, has seen a new crypto law passed in parliament, The Securities Commission of The Bahamas announced on Tuesday.

China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects

[Jul 31, 2024 9:38 AM] Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago.

FTX class action lawyers move to block Sullivan & Cromwell’s dismissal motion

[Jul 30, 2024 5:00 PM] Lawyers for FTX class action are challenging Sullivan & Cromwell’s dismissal request, claiming the law firm facilitated FTX’s fraudulent activities.

WisdomTree CEO: Crypto ‘is going to go mainstream’

[Jul 29, 2024 7:50 PM] Jonothan Steinberg said US presidential contender Donald Trump’s July 27 speech at Bitcoin 2024 promised much-needed regulatory clarity.

Crypto Super PAC Fairshake takes top funding spot, beats MAGA — OpenSecrets

[Jul 29, 2024 6:53 PM] The Coinbase-led advocacy group has raised upward of $202 million so far, according to the political donations researcher.

Ex-FTX exec asks for delay reporting to prison after dog attack

[Jul 27, 2024 10:00 AM] Ryan Salame was scheduled to report to prison on Aug. 29 after being sentenced to 90 months for charges related to the misuse of FTX user funds.

Exclusive: Franklin Templeton mulls bringing RWAs to Ethereum, user-managed wallets

[Jul 26, 2024 10:39 AM] The asset manager is considering expanding tokenized securities to the Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph.

Is government oversight non-negotiable for the future of crypto?

[Jul 26, 2024 7:20 AM] Governments aren’t known for allowing anything to thrive without some oversight or control, but for the most part, crypto is proving to be an exception.

VanEck says Bitcoin could hit $2.9 million per coin by 2050

[Jul 25, 2024 12:00 PM] Bitcoin layer 2s could be collectively worth around $7.6 trillion, the report added.