FTX’s Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges
The onetime FTX CEO did not persuade a panel of judges that his trial was unfair, the appeals court panel ruled Friday.
Policy
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don’t overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offering sports-related contracts.
U.S. House bill would erect crypto-theft task force across law enforcement agencies
New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.
UK financial regulator moves to allow mutual funds 10% exposure to crypto ETNs
The Financial Conduct Authority proposed allowing some investment schemes to add exposure to crypto exchange-traded notes.
A quick review of the Ways and Means tax bills: State of Crypto
The House Ways and Means Committee is gearing up for its big tax push.
U.S. House tax committee weighs crypto bills, including relief for small transactions
Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.
Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward
The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat illicit finance involving cryptocurrency.
OCC chief says Democrats applying sole political pressure in World Liberty charter choice
The regulator rejected claims he’s doing President Trump’s bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push.
New DeFi entrant widens field of crypto political campaign funds as elections loom
The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.
‘The banks will not accept it’: Dimon escalates battle over stablecoin rewards in CLARITY Act debate
JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.