Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
Israel’s central bank is launching a challenge on the use of a central bank digital currency in payments as part of an “action plan for a possible issuance of the digital shekel.”
Regulations
Ripple Donates Another $25M to Crypto Super PAC Fairshake
Ripple has added another $25 million to the coffers of Fairshake, a federal crypto super political action committee (PAC) that’s spending big this election year to support crypto-friendly Congressional candidates.
Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says
Volatility Shares’ 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective, the company posted on their website, adding that trading will begin on June 4.
Binance Executive Jailed in Nigeria is Suspected of Having Malaria, Family Says
Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk.
One-Third of U.S. Voters Say They’ll Weigh Candidates’ Crypto Views Before Voting: Poll
One in three U.S. voters said they’ll consider a political candidate’s position on cryptocurrencies before making a voting decision, according to a new Harris Poll examination of likely U.S. voters.
Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected
Silk Road Creator Russ Ulbricht
BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules
Cryptocurrency custodian BitGo will get a fresh chance to sue financial services firm Galaxy Digital over the two companies’ failed $1.2 billion merger agreement after Delaware’s Supreme Court reversed an earlier ruling to dismiss BitGo’s lawsuit.
Coinbase Slugs It Out With U.S. SEC in Effort to Get Key Crypto Question Answered
Coinbase Inc. (COIN) took another step in its back-and-forth argument with the U.S. Securities and Exchange Commission (SEC) on whether the cryptocurrency exchange should be allowed to raise a single, core legal point for consideration by a higher court.
Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
Binance’s head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.
U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC
U.S. Capitol Building (Louis Velazquez/Unsplash)