Policy
Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs the legislation looks to curb.
French Crypto Influencer Ban Will Harm Country’s Attractiveness, Industry Group Says
Proposals to stop social-media stars promoting unlicensed companies were approved by the National Assembly Thursday.
CFTC Could Force Binance to Cease U.S. Operations as Part of Settlement: Bernstein
The crypto exchange will look to safeguard its dominant international business, which is its cash cow, the report said.
Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar
The putative presidential candidate’s legislation to ban a CBDC at the state level is constitutionally unworkable. But it’s still worrying for the future of money in the U.S., says JP Schnapper-Casteras.
Brian Brooks: U.S. Government Using Crisis to Choke Off Crypto Access to Banks
The former acting head of the OCC said federal regulators are working together to keep crypto assets out of the U.S. banking system.
U.S. DOJ Was Investigating Signature Bank's Work With Crypto Clients: Bloomberg
Prosecutors were looking at the crypto-friendly bank before regulators seized it, people familiar told Bloomberg.
U.S. Justice Dept. Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US
The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.
Lido’s LDO Token Sinks 10% Following Rumors Crypto Staking Service Received SEC Notice
Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service. A spokesperson for Lido declined to comment.
SEC’s Coinbase Insider Trading Case Is ‘Backdoor Rulemaking,’ Trade Association’s CEO Says
The regulator “piggybacked” off the Justice Department's insider trading case and is using it as a way to define some tokens as securities, Perianne Boring, the Chamber of Digital Commerce’s founder, told “First Mover.”
