Fmr House Speaker warns partisan gridlock could derail Trump’s crypto plans
Paul Ryan served as Speaker for the House of Representatives prior to Nancy Pelosi. Go to Source
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FTX co-founder Gary Wang sentenced to time served
Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges. Go to Source
Japan passes stimulus package, commits to crypto tax reform
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate. Go to Source
The Crypto Cleanup: South Africa’s New Bid to Exit FATF’s Grey List
South Africa’s Financial Intelligence Centre has issued Directive 9, requiring digital asset platforms to collect and store identity information for cryptocurrency transactions. New Rules Force Crypto Platforms to Track User Identities A South African financial intelligence unit has issued a directive obligating digital asset platforms to collect the identities of parties involved in cryptocurrency transactions. … Read more
Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks
Ripple’s CEO has warned against SEC Chair candidates tied to past enforcement controversies, urging leadership that fosters innovation and ends punitive crypto regulation. A Name Sparks Debate: Ripple CEO Slams SEC Chair Prospect Brad Garlinghouse, CEO of Ripple, has criticized the potential appointment of Caroline Stebbins as the next U.S. Securities and Exchange Commission (SEC) … Read more
Final FTX exec to be sentenced on Nov. 20 — What should users expect?
Three of the five individuals indicted in the FTX case have been sent to prison, while one was given time served. Go to Source
Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation
Dennis Porter, CEO and co-founder of the Satoshi Action Fund, recently announced the open-sourcing of a document for enacting Strategic Bitcoin Reserve laws internationally. He stated that several lawmakers are using the legislative model and that a related executive order to implement it could be on its way. Satoshi Action Fund CEO Releases Strategic Bitcoin … Read more
Coinbase CEO to meet with Trump to discuss personnel appointments — WSJ
Before US Election Day, Brian Armstrong said Coinbase was “prepared to work” with either a Kamala Harris or Donald Trump administration Go to Source
Bitfinex money launderer ‘Razzlekhan’ sentenced to 18 months in prison
A federal judge sentenced Heather Morgan, also known as Razzlekhan, to 18 months in prison for laundering stolen Bitcoin connected to Bitfinex. Go to Source
OCC notice suggests impending launch for spot Bitcoin ETF options trading
Some experts suggested that options trading for shares of BlackRock’s iShares Bitcoin Trust could launch on the Nasdaq as early as Nov. 19. Go to Source