House Dems Get Bonus Hearing on Crypto Market Structure, Assail Trump Conflicts
Maxine Waters, the top Democrat on the House Financial Services Committee, pressured an additional hearing on the crypto market structure bill.
Policy
Trump’s Crypto Ties at Forefront as U.S. Lawmakers Weigh Crypto Market Structure Bill
Two House of Representatives hearings dug into the details of the current legislation to regulate U.S. crypto markets, but Trump loomed over the discussions.
South Korea Elects Crypto-Friendly Lee Jae-myung as New President
During the election Lee Jae-myung made a host of crypto promises to appeal to the nation’s 15 million crypto investors.
Stablecoin Bills in House and Senate Still Need to Mesh on Several Points: French Hill
The U.S. crypto bills are similar but must work out matters of acceptable foreign oversight, who regulates in the U.S. and on Big Tech issuers, the top lawmaker said.
France Charges 25 People, Including 6 Minors, in Crypto Kidnapping Cases
The investigation is largely focused on the kidnapping attempt of the daughter and grandson of the CEO of crypto exchange Paymium, Pierre Noizat.
Trump’s Memecoin Dinner Questioned by Top Democrat on House Judiciary Committee
Jamie Raskin, the ranking Democrat on the House panel overseeing the legal system, asked the president to produce the guest list of his private event.
Judge Declines to Order DOJ to Review Records in Roman Storm Case
The Tornado Cash developer is slated to go on trial later this summer.
Thailand to Block OKX, Bybit and Others, Citing Lack of License
OKX, Bybit, 1000x, and XT are among the exchanges that will be blocked in Thailand by the end of June.
Pakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000 Megawatts of Energy for Crypto Mining
The country’s minister of state for blockchain and crypto announced the plans in the U.S. on Wednesday.
UK’s FCA Seeks Views on Stablecoins, Crypto Custody to Prevent Firm Failures
The country’s market regulator’s proposed rules are meant to ensure stablecoins maintain their value and seek to reduce the likelihood of stablecoin and crypto custody companies failing.