Latest from Nikhilesh De
FinCEN Warns Financial Institutions of Crypto Kiosk Scams
The regulator cited a growing number of scams involving crypto kiosks, including fake tech support and bank-related scams.
DCG’s Barry Silbert Returns to Grayscale as Chairman Amid IPO Push
Silbert resigned as Grayscale chairman in 2023 when the asset manager was early in the midst of a legal battle with the New York Attorney General’s office.
Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares
The technology firm sold its loyalty business for $11 million and announced a public share offering to fund bitcoin purchases.
Quintenz, Trump's Pick as Potential U.S. Crypto Watchdog, Delayed by White House
Brian Quintenz, Trump's CFTC nominee, has been stalled by the White House in the committee vote that could send his confirmation to the Senate floor.
Trump Eyes Moving U.S. Economy Further Into Crypto Via Mortgages, 401(k)s
Democrats continue to object as this week promises more developments in the White House's strategy to get digital assets involved in U.S. economic mainstays.
SEC Delays Decision on Trump-Linked Truth Social Bitcoin ETF Until September
Other crypto ETF applications, including the Grayscale Solana Trust and Canary Capital Litecoin ETF, were also postponed.
State of Crypto: The Senate Responds to Clarity Act
The Senate Banking Committee introduced a discussion draft bill to address crypto market structure issues.
DOJ Considering Criminal Charges Against Dragonfly Capital Employees for Years-Old Tornado Cash Investments
In open court on Friday morning, prosecutors told the judge that they were weighing the possibility of criminally charging a general partner at Dragonfly Capital for his involvement with Tornado Cash, leading to him refusing to testify in Roman Storm's defense.
Revolut Makes Crypto Staking Available in Hungary After Restricting Services
The company had to restrict the majority of its crypto services for customers in Hungary earlier in July due to new legislation in the country being enforced.
Yuga Labs Bored Ape Yacht Club $9M Win Against Ryder Ripps Overturned, Must Better Prove Trademark Infringement
Yuga Labs will need to continue defending its suit against Ryder Ripps, the creator of RR/BAYC.
