‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations. Go to Source
Regulation
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Binance reaches $1.7M agreement with Brazilian securities regulator
Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization. Go to Source
US Senate Majority Leader to speak at crypto event for Kamala Harris
Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden. Go to Source
Harris campaign is making a ‘concerted effort’ on crypto — Circle CEO
Jeremy Allaire discussed his impressions of Harris campaign representatives on crypto after attending a video call with industry leaders, White House officials, and US lawmakers. Go to Source
Crypto could get boost from younger, tech-savvy Harris administration
A Harris administration could be younger and more pragmatic and bring “a fresh perspective toward crypto,” some believe. Go to Source
FBI will ‘neither confirm nor deny’ the existence of Satoshi records
An investigative journalist reported that the FBI issued a standard ‘Glomar response’ to a request for information on Satoshi Nakamoto but with an “interesting assertion.“ Go to Source
Thai SEC Launches Digital Asset Regulatory Sandbox
The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by accommodating six specific digital asset-related services, including exchanges and custodial wallet providers. Thai SEC Launches Digital Asset Regulatory Sandbox The … Read more
New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra
New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the platform’s alleged violations of state securities laws. Affected investors will receive refunds, with crypto assets being converted to U.S. dollars. New Jersey Investors … Read more
SEC Charges Novatech in $650 Million Crypto Fraud Scheme
The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where most investor funds were misappropriated to pay existing investors and promoters. SEC Charges Novatech Ltd. in $650 Million Crypto Fraud Case … Read more
Texas Blockchain Council endorses Ted Cruz for US Senate
The junior senator from Texas has spoken at several crypto conferences about Bitcoin mining and its potential benefits for the Lone Star State’s energy grid. Go to Source