Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner
Anyone who spent at least $4,653 on Trump’s ‘Mugshot’ NFTs will be able to have dinner with the former president in Florida on May 8. Go to Source
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SEC’s Gary Gensler is getting irked being asked about crypto
SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market. Go to Source
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the digital rupee’s ease of use. RBI Governor Updates Digital Rupee Progress During an event hosted by the … Read more
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it is “an outsized piece of the scams … Read more
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange. Go to Source
SEC pushes back against Terraform’s claims fraud happened outside US
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin. Go to Source
Crypto is ‘top of mind for voters’ in US swing states — Harris Poll
A majority of respondents with crypto-positive views said they intended to vote in 2024, where tight elections in certain states could swing to either political party. Go to Source
Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024
Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will promptly comply with the SEC’s request to remove Binance’s applications from their app stores. Safeguarding the Interests … Read more
Crypto firms to see more enforcement actions within 2 years — CFTC chair
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation. Go to Source
Fairshake PAC and affiliates raise $102M to support crypto candidates
The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties. Go to Source