The Southern District of New York liquidated $6.3 million in Bitcoin forfeited by Samourai Wallet developers on November 3, directly contradicting Executive Order 14233 signed in March 2025 requiring all forfeited Bitcoin be preserved for the Strategic Bitcoin Reserve.
The Financial Stability Oversight Council eliminated crypto from its systemic threats assessment following the GENIUS Act's passage and federal agencies' withdrawal of restrictive banking guidance that previously discouraged traditional financial institutions from serving digital asset firms.
The Office of the Comptroller of the Currency confirmed that national banks may engage in riskless principal crypto-asset transactions, acting as intermediaries by simultaneously buying from one customer and selling to another without holding inventory.
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