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
Policy
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.
SEC Plans to Drop Enforcement Suit Against ConsenSys’ MetaMask, CEO Joe Lubin Says
The SEC accused the company’s wallet tool of being an unregistered securities broker.
U.S. House Committee Advances Effort to Erase IRS’ DeFi Tax Rule
A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.
Treasury Secretary Scott Bessent Hires Galaxy Digital Counsel to Advise on Crypto
Tyler Williams previously served several roles in the U.S. government.
SEC Drops Investigation Into Uniswap, Will Not File Enforcement Action
Uniswap celebrated the news on X, calling it a “huge win for DeFi.”
FTT Briefly Spikes After Sam Bankman-Fried Tweets for First Time in 2 Years
Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence.
U.S. Law Enforcement Seizes $31M in Crypto Tied to Uranium Finance Hack
Hackers made off with approximately $50 million when the automated market maker was exploited in 2021.