CFTC continues to explore digital asset policy considerations in MRAC meeting
Commissioner Kristin Johnson said in prepared remarks that the U.S. digital economy was “witnessing the deployment of Web 3.0”. Go to Source Powered by WPeMatico
United States
Auto Added by WPeMatico
US lawmakers planning to reintroduce bill aimed at fixing crypto reporting requirements: Report
Representatives Patrick McHenry and Ritchie Torres reportedly plan to reintroduce the Keep Innovation in America Act to address reporting requirements in the infrastructure law. Go to Source Powered by WPeMatico
DAO gets legal recognition in the US as Utah DAO Act passes
The Utah State Legislature passed the Utah DAO Act, granting DAOs legal recognition and limited liability protections. Go to Source Powered by WPeMatico
TeraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facility
Bitcoin mining company TeraWulf has fired up a new “behind the meter” mining facility powered by 100% nuclear power in Pennsylvania. Go to Source Powered by WPeMatico
US trustee appeals FTX bankruptcy judge’s ruling to deny appointment of independent examiner
The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX’s bankruptcy case. Go to Source Powered by WPeMatico
SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud
The financial regulator’s complaint alleged that BKCoin raised roughly $100 million from investors to invest in crypto, but diverted some of the funds for personal use. Go to Source Powered by WPeMatico
Binance tried to hire Gary Gensler in 2018 for closer ties with U.S. regulators: Report
The SEC chairman was approached by Binance in 2018 and 2019, while teaching at the Massachusetts Institute of Technology. Go to Source Powered by WPeMatico
‘Sorry for spreading a rumor’, says podcaster on Lido’s FUD
David Hoffman apologized for spreading rumors about what he called a “Wells Notice Carpet Bombing” targeting crypto firms. Go to Source Powered by WPeMatico
Bybit halts USD bank transfers citing partner outages
Dubai-based Bybit is the latest crypto exchange to suspend USD wire transfers claiming partner disruptions. Go to Source Powered by WPeMatico
Solana faces ‘lack of appetite’ from US regulators, says Austin Federa
The Solana Foundation’s head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions. Go to Source Powered by WPeMatico