Marine Le Pen’s Far-Right National Rally Party Leads in First Round of French Election
The far-right party associated with Marine Le Pen led in the first round of France’s two-part election.
Policy
U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge
A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.
U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.
Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.
SEC Sues Consensys Over MetaMask Staking, Broker Allegations
The U.S. Securities and Exchange Commission sued Ethereum software provider Consensys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that “engaged in the offer and sale of securities” and that its staking service violated federal securities laws.
Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power
The U.S. Supreme Court ruled 6-3 on Friday to drastically curb the authority of federal regulators, overturning a 40-year-old legal precedent that gave regulatory agencies leeway to interpret the laws they are tasked with enforcing.
Europe’s MiCA Is Finally Here. How Will the U.S. Respond?
It’s time for the U.S. to reassert its place as the global leader in financial services regulation and innovation, writes Circle’s Dante Disparte.
Kraken Co-Founder Jesse Powell Donates $1M, Mostly Ether, to Donald Trump
Powell said he is supporting the only major pro-crypto party candidate.
Crypto Unmentioned at First 2024 U.S. Presidential Debate
President Joe Biden and former President Donald Trump faced off in a debate on Thursday evening.
U.K.’s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms
The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.