Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle. Go to Source
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Can crypto mixers adapt to survive US authority prosecution?
Cryptocurrency mixers face a dilemma between preserving financial privacy freedom or embracing increased compliance measures to avoid U.S. scrutiny. Go to Source
Tether responds to US lawmakers’ calls for DOJ action
Tether has reacted to lawmakers’ requests for DOJ action over its stablecoin use, claiming it wants to be a “world class partner to the U.S.” Go to Source
SEC officials meet again with spot Bitcoin ETF filers
Meetings between asset managers and the SEC intensified over the previous weeks, with Gary Gensler’s team meeting with BlackRock and Hashdex representatives. Go to Source
CoinList agrees to $1.2M settlement over apparent US sanctions violations
The crypto exchange processed 989 transactions for users in Crimea from April 2020 to May 2022, according to the Office of Foreign Assets Control. Go to Source
Binance, crypto firms optimistic about UAE amid potential US regulatory shift
Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions. Go to Source
Coinbase introduces spot crypto trading for institutional investors outside US
Institutional clients on the Coinbase International Exchange will be able to trade Bitcoin and Ether against USD Coin starting on Dec. 14. Go to Source
IRS lists 4 crypto crimes among its top cases in 2023
The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks. Go to Source
Terra co-founder Do Kwon will stay in Montenegro until February: Report
The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after a prison sentence in Montenegro for using falsified travel documents. Go to Source
Democratic presidential candidate blasts Biden and Trump on crypto: ‘Not the right people to lead’
Minnesota Representative Dean Phillips was the sole Democratic presidential candidate to address the Crypto Presidential Forum after Republicans Vivek Ramaswamy and Asa Hutchinson. Go to Source