
Latest from Nikhilesh De
U.S. Digital Assets Tax Policy Getting Hearing During 'Crypto Week'
The House Ways and Means Committee is set on July 16 to examine how to set up proper taxation for the crypto sector.

Bitcoin Tops $111K, on Brink of Breaking Record High; Ether's 6% Jump Leads Major Cryptos
The price of BTC has seemingly been capped at $110,000 for several weeks, with gains quickly reversing each time it approached that level.

Greece Makes First Crypto Seizure Tied to North Korea's $1.5B Bybit Hack
The Hellenic Anti-Money Laundering Authority issued a freezing order, locking the assets and preventing them from being transferred.

Monad Acquires Portal Labs to Expand Stablecoin Payments on High-Speed Blockchain
Raj Parekh, Portal co-founder and a former Visa crypto director, will lead Monad’s stablecoin strategy following the acquisition.

Circle Has USDC Revenue Sharing Deal With Second-Largest Crypto Exchange ByBit: Sources
Assume any exchange that has some material amount of USDC has an agreement with Circle, said one person familiar with the situation.

Crypto Industry Pitches Market Structure Ideas to U.S. Senators in Hearing
In the runup to 'Crypto Week' in the House next week, a Senate Banking Committee hearing dug into policy ideas as Senator Warren flagged Trump "corruption."

Status Unveils Gasless Layer 2 Feature on Linea, Ditches Sequencer Fees Entirely
The network, currently in testnet, will operate differently compared to conventional rollups that depend on sequencer fees, the team said.

U.S. House Ditching Its Stablecoin Bill to Back Trump's Choice From Senate
Heading into next week's "Crypto Week" on Capitol Hill, the House of Representatives is lining up a few votes as it puts its major focus on the Stability Act.

OFAC’s Dropped Sanctions Against Tornado Cash Can’t Come Up at Trial, Judge Says
Barring what she described as a “unicorn” piece of evidence that would force the discussion of the now-illegal sanctions, District Judge Katherine Polk Failla said no to sanctions talk at trial.

Tornado Cash Judge Will Not Permit Van Loon Verdict to Be Discussed During Upcoming Trial
“The words ‘Van Loon’ are not going to show up in this trial,” District Katherine Polk Failla said during a Tuesday hearing in Manhattan.
