One less crypto-friendly candidate — Miami mayor ends US presidential run
Along with longshot Democratic hopeful Robert F. Kennedy Jr., Francis Suarez was one of the few openly crypto-friendly candidates running in 2024. Go to Source
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Grayscale wins the court battle, but what does this mean for a spot Bitcoin ETF?
The SEC may have a limited window to appeal the court decision, while Grayscale could forward forward with an amended application for its spot Bitcoin exchange-traded fund. Go to Source
DoJ wants to bar SBF’s expert witnesses from testifying in court
In a new motion submitted to New York courts, the U.S. Department of Justice wants to exclude all of Sam Bankman Fried’s expert witnesses from testifying on the case. Go to Source
US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction
The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions. Go to Source
Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues
Lawyers questioned a judge’s decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was “protected First Amendment activity”. Go to Source
Judge to hear Sam Bankman-Fried’s defense against 4M pages of newly released evidence
Judge Lewis Kaplan ordered the government to respond to Bankman-Fried’s counsel concerning appropriate access to discovery materials, as well as a request barring prosecutors from using new evidence. Go to Source
Donald Trump NFT prices spike following release of mugshot in Georgia criminal case
The former U.S. President returned to X for the first time since January 2021 to post his mugshot, which has now been thoroughly manipulated for memes by many users. Go to Source
Does high US consumer debt benefit Bitcoin price?
Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC. Go to Source
IRS releases draft of proposed reporting rules for digital asset brokers
House Financial Service Committee chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.” Go to Source
A third of US investors are open to trusting AI financial advice: Survey
In a recent survey from the Certified Financial Planner Board, 31% of investors said they would be fine to follow AI financial advice without verifying the information. Go to Source