U.S. SEC’s Acting Chair Walking Back Agency Proposal on Crypto Trading Platforms
The securities regulator’s long-delayed rule expanding the scope of regulated exchanges shouldn’t have tried to include crypto, Mark Uyeda argues.
Policy
Trump Orders ‘Fort Knox’ Bitcoin Reserve and Digital Assets Stockpile
The U.S. president directed his administration to establish a bitcoin reserve to hold seized assets, and it’s setting up a separate crypto stockpile.
Texas Surges in U.S. States’ Race to Put Public Funds Into Crypto
Texas’ bitcoin strategic reserve bill clears its senate, while New Hampshire marks a committee win and Utah teeters on a deadline this week.
SBF Pardon Plea Tour Continues With Tucker Carlson Podcast Appearance
The former CEO of FTX claimed that he had a better relationship with the Republican Party in the lead-up to his exchange’s downfall.
U.S. Senate’s Banking Chair Pushes Debanking Bill After Crypto Uproar
Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing “reputational risk” as a reason to block clients.
President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed
As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on.
Bank of Israel Unveils Possible Design of ‘Multipurpose’ Digital Shekel
The central bank stressed that no decision has been made whether to issue a CBDC, therefore the design presented should only be considered a preliminary one
SEC Plans to Drop Its Case Against Kraken, Firm Says
Kraken called the SEC’s decision to drop the case a “turning point for the future of crypto in the U.S.” in a Monday blog post
Ethereum Co-Founder Vitalik Buterin Calls Roger Ver’s Potential Life Sentence ‘Absurd’
Kraken founder Jesse Powell and pardoned Silk Road founder Ross Ulbricht are also standing with Ver.
Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.