
Latest from Nikhilesh De
One-Two Punch Finally Registers SEC View on Binance, Coinbase, Rest of Crypto
The mystery is over for how the U.S. Securities and Exchange Commission will come after the digital assets sector’s big platforms, though alleged skeletons in Binance’s closet drew more ire.

Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.

Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks
In a new set of experiments, Swift will collaborate with major financial market institutions like the Depository Trust and Clearing Corporation (DTCC), Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group.

Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege
The crypto exchange is facing scrutiny from a task force of 10 U.S. state securities regulators including in Alabama and California after getting sued by the SEC on the same day.

SEC Sues Coinbase on Unregistered Securities Exchange Allegations
The suit comes a day after the SEC sued Binance.

SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations
The company already faces a suit from the Commodity Futures Trading Commission.

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl
In a Senate hearing, a top U.S. Treasury official said Chinese drug makers have found crypto payments “appealing,” and Warren cited Elliptic research to back a push for legislation.

EU’s Banking Regulator Highlights AML Risks in Privacy Coins, Self-Hosted Wallets
The European Banking Authority wants to extend money laundering guidance to crypto firms and banks that trade with them

Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee
The legislation would have capped the industry's participation in demand response programs.

