What crypto policies can voters expect from potential VPs under Kamala Harris?
Despite endorsements from major party leaders, the top and bottom of the Democratic presidential ticket have yet to be fixed. Go to Source
Regulation
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Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has … Read more
7 US States Unite to Challenge SEC’s Crypto Overreach
Seven U.S. states have united in a coalition to challenge the U.S. Securities and Exchange Commission’s (SEC) regulation of cryptocurrency. The states filed an amicus brief arguing that the SEC’s “power grab” would stifle innovation, harm the crypto industry, and exceed its authority. Seven-State Coalition Opposes SEC’s Cryptocurrency Regulation The Office of the Attorney General … Read more
Gemini reaches settlement with IRA Financial Trust over $36M exploit
The lawsuit, initially filed by IRA in June 2022, alleged that Gemini misrepresented its security protections, resulting in an exploit that removed $36 million in crypto. Go to Source
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over those issued on public chains. This has elicited criticism from figures in the crypto community, who accuse the committee of attempting to … Read more
Will UK Labour gov’t follow Germany’s example and liquidate 61,245 BTC?
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin holdings for the party’s goals. Go to Source
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin Regulatory Regime On July 17, Hong Kong regulators—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong … Read more
Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia
The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power to declare mining operations in these regions illegal, based … Read more
Crypto Super PAC spends $1.3M on media buy for Arizona Democrat
The Protect Progress political action committee has been behind media buys for candidates in many congressional races across the United States. Go to Source
Ripple CEO Blasts Political Divide Over Crypto, Calls for Bipartisan Cooperation
Ripple CEO Brad Garlinghouse has criticized the politicization of cryptocurrency in the U.S., stressing the necessity of a bipartisan approach and clear regulatory guidelines. He condemned the partisan divide in crypto innovation, particularly addressing Senator Elizabeth Warren’s characterization of cryptocurrencies as tools for illicit activities. Garlinghouse called for bipartisan cooperation to fully realize crypto’s benefits. … Read more