Chamber of Progress says Biden can ‘still win’ on crypto against Trump
According to the advocacy group, the US President still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation. Go to Source
United States
Auto Added by WPeMatico
Sentencing for ex-FTX execs set for October, November
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year. Go to Source
US Republicans under Trump include crypto in official party platform
The party, which vowed to oppose a CBDC and defend Bitcoin mining, is scheduled to meet on July 15-18 and select a nominee for U.S. President. Go to Source
VanEck and 21Shares send amended Ether ETF filings to SEC
Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July. Go to Source
Cynthia Lummis backs Ian Cain over crypto lawyer John Deaton for Senate
Pro-crypto Senator Cynthia Lummis cited Republican Ian Cain’s understanding of blockchain technology and the digital economy in his campaign to unseat Democrat Elizabeth Warren. Go to Source
Big Tech faces financial reckoning if human-level AI doesn’t happen soon
Sequoia Capital says the industry needs to make up about $600 billion in profit before the current expenditure starts to make sense. Go to Source
NYT AI lawsuit gets weird as OpenAI demands sources for every article
It’s unclear whether the judge in the case is considering the request, but the New York Times had a strong response to the request. Go to Source
Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business
The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products. Go to Source
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities. Go to Source
Robinhood is now available In Hawaii and select U.S. territories
The brokerage platform took advantage of Hawaii’s recent change to money transmitter licensing to expand to the non-contiguous United States. Go to Source