
Latest from Nikhilesh De
SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says
The conclusion of the probe into Hiro, formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.

Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler
The New York judge overseeing the SEC’s case against Coinbase said the crypto exchange’s attempts to subpoena Gensler’s personal devices were surprising – “and not in a good way.”

OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources
OKX previously said in May 2023 that France would be its preferred European hub. "Compliance in Malta is way more lenient," said a person with direct knowledge of OKX's EU regulatory efforts.

SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees
Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.

U.S. House Fails to Override Biden's SEC Veto of Bill That Would End Controversial SEC Guidance
In the saga to overturn the SEC's crypto accounting policy – SAB 121 – lawmakers failed to overturn President Joe Biden's veto.

Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020
Four BitMEX executives have previously pleaded guilty to the same charge.

As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in
The DOE dropped an earlier attempt to compel commercial crypto mining outfits to cooperate with an “emergency” energy-usage survey.

As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling
The CFTC chief issued his strongest pitch yet for Congress to act, but the Senate Agriculture Committee's top Republican says the panel's effort isn't yet satisfying the industry.

Trump's New Crypto Enthusiasm Could Help Him Win More Votes: Poll
A Paradigm-sponsored poll of Republicans shows that some of them who weren't fans of former President Donald Trump like his newfound support for digital assets in the U.S.

What Still Needs to Happen Before Spot Ether ETFs Can Trade
Spot ether exchange-traded funds may begin trading as soon as this Friday or in a few weeks.
