Arizona Governor Calls Crypto an ‘Untested Investment,’ Vetoes Bitcoin Reserve Bill
The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.
Policy
IRS’ Crypto Leads Are Leaving the Agency After Accepting DOGE Deals
The pair took voluntary resignation offers and left their positions after only a little more than a year of government service, according to two people.
U.S. Congressman Pitches Crypto ATMs for Federal Government Buildings
Texas Republican Lance Gooden suggested to the agency that runs office space that installing ATMs will help align the government with Trump’s crypto push.
Trump-Linked NexusOne Launches to Influence U.S. Crypto and AI Policy
The firm, located near the White House, plans to lobby for companies in these industries.
UK’s Delayed Regulation Hurts Plan to Be Global Crypto Hub, Executives Say: CNBC
The country is falling behind other nations in developing a welcoming environment for crypto companies.
Coinbase Leaps Into Supreme Court Case in Defense of User Data Going to IRS
The U.S. crypto exchange filed a brief in a longstanding privacy battle over records the tax agency sought on customers’ crypto transactions.
Crypto Coalition Tells SEC Staking Is ‘Essential Good,’ Not a Security
Industry entities led by the Crypto Council for Innovation argued in a letter to the U.S. Securities and Exchange Commission that it shouldn’t regulate staking.
Author of Crypto Bills Now Being Rehashed Predicts ‘Wicked Hot Summer’ in Congress
Patrick McHenry, the ex-lawmaker who championed last year’s crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.
Tornado Cash Can’t Be Sanctioned Again, Texas Judge Rules
In December, a U.S. appeals court ruled that the U.S. Treasury’s Office of Foreign Asset Control (OFAC) exceeded its statutory authority in sanctioning Tornado Cash.
Samourai Wallet Prosecutors Are Considering Dropping Charges Under New DOJ Crypto Enforcement Priorities: Filing
The co-founders are each facing up to 25 years in prison for alleged money laundering and unlicensed money transmitting.