SEC Asks Court for Coinbase Case Deadline Extension, Citing ‘Potential Resolution’ Prospects
The SEC filed a motion Friday saying its new crypto task force could help it resolve its ongoing case against Coinbase.
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Crypto Scam Revenue From ‘Pig Butchering,’ AI Schemes Likely Grew in 2024, Chainalysis Reports
Fraudsters raked in at least $9.9 billion and possibly as much as $12.4 billion with their methods becoming more “professionalized.”
Crypto Industry Gets Chance to Make Its Case to U.S. Congress
In a hearing with the loaded title “A Golden Age of Digital Assets,” the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.
As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray
Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.
Crypto’s Debanking Worries Hit Another Big Stage in U.S. House
The industry’s U.S. banking crisis may be retreating as a second congressional committee sheds light on how crypto businesses have been treated by regulators.
Czech Republic to Eliminate Taxes on Long-Term Crypto Gains
The country’s central bank is also looking at whether or not to add bitcoin to its reserves.
Crypto Exchange Bybit Receives India Clearance After Settling $1M Fine
The fine was levied by the FIU-IND last week.
Trump’s CFTC Head Slams Prediction Markets Resistance Under Predecessor
Caroline Pham, the agency’s acting chairman, is scheduling an experts roundtable to reset the CFTC’s course on this “sinkhole of legal uncertainty.”
Trump’s FDIC Chief Rethinks Crypto Guidance as U.S. Senators Probe Debanking
FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.
Regulation By Enforcement Is Out at CFTC, Acting Chair Pham Says
The CFTC’s Division of Enforcement is being reorganized to “refocus” on fraud prevention.