Eric Trump: ‘The Banks Made The Biggest Mistake of Their Lives’
The son of U.S. President Donald Trump spoke at CoinDesk’s Consensus conference in Toronto, Canada on Friday.
Policy
Senate’s New Stablecoin Draft Doesn’t Target Trump’s Crypto, Tweaks Big-Tech Approach
A legislative draft obtained by CoinDesk shows a marginally revised version despite Democrats citing “major victories” in the Senate negotiation.
CFTC’s Pham Said to Plot Exit, Agency May Be Left Without a Party Majority
As Summer Mersinger exits to run the Blockchain Association and Caroline Pham talks of leaving when the new chairman arrives, the commission may fall to two.
Top Democrats Demand Treasury Info on Trump’s Crypto Deals, Citing ‘Bribery’ Risks
The request marks an escalation in Congressional scrutiny on whether the President and his entourage are abusing their positions to benefit their crypto businesses.
Wyoming Taps Inca Digital to Secure First State-Issued Stablecoin Ahead of July Launch
The stable token is expected to fully launch by July.
As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins
While the top Democrat on the Senate Banking Committee argues for stablecoin limits, she and colleagues also questioned Binance’s talks with Treasury.
Samourai Wallet Prosecutors Say Delayed FinCEN Disclosure Wasn’t a Brady Violation
At most, the late disclosure impacts one of the two charges against Samourai Wallet’s co-founders, prosecutors said in their Friday letter to the judge.
Gemini Secures MiFID II License From Malta to Offer Derivatives in EEA
The license awarded by the Malta Financial Services Authority (MFSA) will enable the company to offer perpetual futures and other derivatives across Europe.
Senate Republicans Making Plea to Get on With Stablecoin Debate
Once-allied Democrats continue to drag their heels on the first big crypto bill, leaving a key vote in doubt as GOP Majority Leader Thune calls for action.
OCC: Banks Can Buy and Sell Their Customers’ Crypto Assets Held in Custody
A new policy directive from the U.S. regulator of national banks says the institutions can also outsource crypto custody and execution to outside parties.