Yes, the Secret Service has an NFT collection, and no, it’s not for sale
Agents from the U.S. Secret Service San Francisco Field Office have answered a burning question about its NFT collection. What does it do? Go to Source Powered by WPeMatico
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US lawmaker calls for info from Treasury and SEC on crypto market structure bill
Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers. Go to Source Powered by WPeMatico
Uncertainty over digital assets traps institutions in ‘supervisory void’ — Fed Governor
Lack of clarity on digital assets could have significant consequences for banks navigating higher interest rates, according to Fed Governor Michelle Bowman. Go to Source Powered by WPeMatico
Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has a pattern of denying many crypto-linked ETF applications. Go to Source Powered by WPeMatico
US Supreme Court halts Coinbase cases in its first crypto ruling
The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23. Go to Source Powered by WPeMatico
Bitcoin mining heats water in Brooklyn Bathhouse, users flip out
The impact of Bitcoin mining on the environment remains a significant concern, leading to unfavorable responses from many due to its documented effects. Go to Source Powered by WPeMatico
Binance, Binance.US, and CZ allege SEC made ‘misleading’ statements on exchange assets
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets”, despite a court transcript suggesting otherwise. Go to Source Powered by WPeMatico
US lawmakers propose bills to hold bank execs accountable for failures and address risks
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank. Go to Source Powered by WPeMatico
U.S. Senator Chuck Schumer calls for ‘comprehensive’ AI legislation
The U.S. majority senate leader plans to call for urgent bipartisan action from Congress to create “comprehensive legislation” for upcoming AI systems. Go to Source Powered by WPeMatico
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets. Go to Source Powered by WPeMatico