Regulations
U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year
Rep. Patrick McHenry – the chief GOP negotiator on crypto legislation – said future policy is now assured by a major bipartisan showing for his effort in the House of Representatives.

U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says
FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.

U.S. House's Emmer Says Best Hope for Crypto Legislation Is Year-End Session
The Republican majority whip, Rep. Tom Emmer, suggested headwinds for a major crypto bill in this waning session, with a best shot in the so-called lame-duck session after the election.

Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
The Bank of Israel has not decided on issuing a digital shekel, even as it continues its yearslong effort to explore its issuance.

Ripple Donates Another $25M to Crypto Super PAC Fairshake
Ripple’s new contribution to Fairshake is on top of another $25 million donation to the pro-crypto PAC in 2023.

Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says
It was about one year ago when regulators first approved a leveraged bitcoin ETF.

Binance Executive Jailed in Nigeria Is Suspected of Having Malaria, Family Says
“Despite a court order from Justice Emeka Nwite issued on Thursday, May 23, Tigran Gabaryan has still not been moved to hospital from Kuje prison,” a family spokesperson for Gambaryan said.

Consensus 2024 Week: The House Passed a Market Structure Bill
The House of Representatives passed a crypto market structure bill in an interesting first for the legislature.

Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
Hong Kong's push to be seen as a major crypto hub could come under scrutiny if several or some of the 18 applicants for a license don't move past this important deadline.

One-Third of U.S. Voters Say They'll Weigh Candidates' Crypto Views Before Voting: Poll
A Harris Poll glimpse of voters' crypto views – paid for by bitcoin ETF issuer Grayscale – shows increasing interest, and 77% think a U.S. presidential candidate should know crypto.

