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Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions

[Nov 15 12:08 AM] A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions…

UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology

[Nov 14 6:00 PM] Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.

Polymarket's Probe Highlights Challenges of Blocking U.S. Users (and Their VPNs)

[Nov 14 3:00 PM] What can offshore crypto companies practically do to stop Americans from accessing their services – and what do regulators expect them to do?

Crypto community hopeful about new Senate leader John Thune

[Nov 14 10:55 AM] Not endorsed by Donald Trump, Senator John Thune defeated Elon Musk-supported Senator Rick Scott to become the new Senate majority leader.

Missing Crypto Influencer, Under Investigation by Canadian Regulator, Found Dead in Montreal: Report

[Nov 14 7:44 AM] His body was found months after he was kidnapped from a Montreal condo. A 32-year-old woman has been charged with his murder.

Republicans Win House Majority, Completing Trifecta in 2024 Election That Saw Donald Trump Win Second Term

[Nov 14 3:48 AM] The Republican Party has kept the U.S. House of Representatives for the next two years, raising hopes for comprehensive crypto legislation in the next Congress and securing a Republican trifecta for at least the next two years.

Senior Federal Reserve Official Who Blasted Bitcoin Now Says He'll Have an Open Mind

[Nov 13 5:17 PM] Minneapolis Federal Reserve President Neel Kashkari, who previously called the cryptocurrency industry "worthless" and "nonsense," still isn't an uber-bull, though.

U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won't Shake Her

[Nov 13 4:40 PM] U.S. Senator Elizabeth Warren has long been held up as the crypto industry's chief opponent in Congress, and she's now ascending to the role as the top Democrat in the Senate Banking Committee, where she'll be heard from on the digital assets…

Money Launderer Who Moved Scam Victims' Funds Faces Up to Two Decades in U.S. Prison

[Nov 13 10:29 AM] Daren Li oversaw the transfer of more than $73 million away from crypto scam victims to wallets he and his co-conspirators controlled.

South Korean Police Arrest 215 in Suspected $232M Crypto Investment Scam Investigation: Yonhap

[Nov 13 9:07 AM] The scheme promised 20x returns through investing in tokens that in reality had little value.

Central Bank Group BIS Names Hernández de Cos as Next General Manager

[Nov 12 3:13 PM] ES Pablo Hernández de Cos has called for digital euro implementation and helped put in place global crypto banking rules.

Time for Crypto to Put the Pedal to the Floor

[Nov 12 2:00 PM] Trump's victory presents a unique opportunity to reshape regulation and ensure no future SEC Chair can hamstring the industry again. Expect pushback.

Fairshake Notches Another Win With Arizona's Ruben Gallego; 16 House Seats Still Uncalled

[Nov 12 6:11 AM] Republicans have already won 214, leaving them just four seats shy of the majority for another Congressional term

Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors

[Nov 11 9:56 PM]

FTX Sues Binance, Former CEO CZ for $1.8B

[Nov 11 12:14 PM] The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.

Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial

[Nov 8 1:30 PM] The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.

CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom: Report

[Nov 8 5:19 AM] WonderFi CEO was forced into a vehicle but released after a ransom was paid.

Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets

[Nov 8 1:52 AM] The U.S.'s Republican Party seems set to keep control of the House of Representatives, completing its trifecta after flipping the Senate and White House in the 2024 election cycle — confirming odds on betting site Polymarket.

Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal

[Nov 7 9:37 PM] Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury.

Here's How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump

[Nov 7 6:35 PM] With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and Exchange Commission.

French Regulator Says It's 'Examining' Polymarket

[Nov 7 4:03 PM] The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election

Former FTX CTO Gary Wang Asks Court for No Jail Time

[Nov 7 3:16 PM] Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried’s inner circle, has requested that he serve no prison time for his role in the crypto exchange’s 2022 implosion.

UK Lords Echo Support for Digital Assets Property Bill

[Nov 7 3:09 PM]

SEC Seeks to Dismiss Three of Kraken’s Key Defenses in U.S. Lawsuit

[Nov 7 11:41 AM] A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was "trying to re-litigate the same issues repeatedly."

German Chancellor Scholz Calls Snap Election as Coalition Government Collapses

[Nov 7 11:11 AM] Olaf Scholz is looking to bring the general election forward to March from September.

Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares

[Nov 7 9:48 AM] Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.

Crypto Friendly SEC and Senate Banking Committee Expected Under Trump: Bernstein

[Nov 6 1:00 PM] Stablecoin and crypto-market structure bills may now see faster progress, the report said.

Trump's Triumph Is Also Crypto's: Gensler, Regulatory Clouds Likely to Vanish

[Nov 6 8:21 AM] Buoyed by donations and votes from a digital asset industry he aggressively courted, Trump won a second term to the White House in his third bid for the U.S.'s highest office.

Crypto Already Won Election as Trump Rises and Senate's Sherrod Brown Falls

[Nov 6 7:15 AM] Having $169 million to spend on U.S. congressional elections can produce fast results in Washington, as the crypto sector's campaign-finance blitz this year helped rid it of a powerful Democratic senator who stood in the way of legislation and also…

Live Updates: Trump Likely to Win 2024 U.S. Election

[Nov 5 9:00 PM] Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.