Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
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Crypto Is an Election Issue This Year. Is That a Good Thing?
A new DCG-funded survey found one-in-five voters think crypto is a key issue in U.S. elections this November.
The Crypto Lawsuit State of Play
Last month, Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block the regulator from investigating its MetaMask offering or from declaring Ether (ETH) a security. It’s the latest company to follow a growing trend of preemptive litigation against the SEC.
What Visa’s ‘Organic’ Stablecoin Report Misses
Visa headquarters in Foster City, California. (Wonderlane/Creative Commons)
The SEC Can’t Stop Suing Crypto Companies
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case.
The Dollar Won, but Might the U.S. Lose Control of the Dollar?
We have a world currency already: it’s the dollar. Do we want to keep it that way?
CZ’s Trial Proves it Pays to Cooperate
His four-month sentence was vindication for the Binance founder’s legal strategy.
Why Eigenlayer’s Airdrop Is Controversial
Although it’s actually conservative.
Distilling the Tornado Cash and Samourai Suits
There was a lot of news last week, but maybe the biggest news came Wednesday when the U.S. Department of Justice arrested two co-founders of Samourai Wallet, a bitcoin wallet that offered mixing services. The arrest ramps up the federal government’s efforts to tamp down on what it sees as money laundering enabled by privacy tools, and sets up a continuation of that broader conversation on where the right to transact in privacy fits within national security interests.
As Wasabi Wallet and Phoenix Leave the U.S., What’s Next for Non-Custodial Crypto?
Following DOJ action against Samourai Wallet and a possible Metamask investigation, Wasabi Wallet and Phoenix are closing their U.S. offerings. Is non-custodial crypto under threat?