Clarity Act ‘not a gatekeeper’ for crypto innovation, WisdomTree exec says
The asset manager says innovation can proceed under current SEC rules as the Clarity Act faces debate in Congress.
Policy
Charles Hoskinson not a fan of CLARITY Act, warns of ‘weaponization’ by future lawmakers
The Cardano founder says post-FTX politics, flawed design and a narrow U.S.-only approach risk stifling new crypto projects while benefiting established players
Maryland man charged in $50 million Uranium Finance hack after U.S. seized $31 million in crypto
Prosecutors say Jonathan Spalletta exploited smart contract bugs twice in April 2021, laundering funds through Tornado Cash and spending proceeds on rare collectibles.
KuCoin operator barred from U.S. after CFTC order, following $297 Million DOJ case
KuCoin operator Peken Global Limited cannot cater to U.S. users on its platform unless it registers as a foreign board of trade.
U.S. rule change may open trillions in 401(k) funds to crypto
The Labor Department on Monday proposed a rule following an executive order from President Donald Trump that directed regulators to expand access to digital assets in retirement portfolios.
Democrats urge warnings to federal officials against insider bets on prediction markets
Members of the House and Senate asked the CFTC and federal ethics office to remind government employees it’s illegal to make insider derivatives trades.
No one is 100% happy with the stablecoin yield agreement: State of Crypto
The crypto and banking industries saw Senators Alsobrooks and Tillis’ agreement-in-principle for stablecoin yield.
Washington sues Kalshi as states ramp up legal pressure against prediction markets
The Washington state attorney general alleged Kalshi offers “gambling products” products dressed up as prediction markets in a lawsuit Friday.
Canada moves to ban crypto donations for election campaigns following UK
Bill C-25 follows years of warnings from Canada’s Chief Electoral Officer about the risk that crypto donations could pose to electoral integrity.
White House crypto czar David Sacks transfers to presidential advisory committee role
White House AI and Crypto Czar David Sacks said Thursday he was joining the President’s Council of Advisors on Science and Technology and leaving the czar role.