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Policy
Top House Judiciary Democrat Questions Trump's Private Memecoin Dinner
Democrat Jamie Raskin, a senior member of the House of Representatives and ranking Democrat on the House Judiciary Committee, has joined the growing list of lawmakers seeking transparency about President Donald Trump's recent private dinner with major investors in his memecoin. Raskin's inquiry, addressed directly to Trump, requests the disclosure of the guest list and information on the sources …
May 30, 2025, 8:59 p.m.
Policy
Court Refuses to Order DOJ to Re-examine Records in Tornado Cash Case
In a 30-minute hearing on Friday, the federal judge presiding over Roman Storm's case declined to direct the Department of Justice to review its records for any potentially overlooked materials that could aid the Tornado Cash developer. The judge, Katherine Polk Failla, emphasized that the government should not encounter any disclosure issues. Additionally, she ruled out concerns regarding a Brad…
May 30, 2025, 5:51 p.m.
Policy
Samourai Wallet Seeks Dismissal of DOJ Case, Citing FinCEN Policy
The co-founders of the Bitcoin privacy application, Samourai Wallet, have filed a motion to dismiss the criminal charges brought by the U.S. government, contending that the case contradicts years of policy set by the Treasury Department and could lead to the criminalization of open-source software. Keonne Rodriguez and William Hill, who are facing charges of operating an unlicensed money transmis…
May 30, 2025, 8:44 a.m.
Policy
Thailand to Restrict Access to Unlicensed Crypto Exchanges
The Thai Securities and Exchange Commission has announced that it will block access to unlicensed cryptocurrency exchanges, including Bybit, CoinEx, OKX, 1000X, and XT.com, effective June 28. This decision comes after the regulator filed charges against these platforms for violating the Digital Asset Business Act. The Thai SEC has urged investors to withdraw their assets from these exchanges befo…
May 30, 2025, 6:52 a.m.
Policy
Fastex Extends Its Reach in the US with New Los Angeles Location
Fastex, a cryptocurrency exchange based in Dubai, is expanding its US footprint with the establishment of a new office in Los Angeles, California. The exchange will provide spot trading services for various cryptocurrencies, including Bitcoin, Ethereum, Cardano, Solana, and its native utility token, to both individual and institutional investors in the US. This expansion comes amid the ongoing ov…
May 30, 2025, 3:21 a.m.
Policy
Ross Ulbricht Urges Bitcoin Community to Unite for Freedom
In a keynote speech at Bitcoin 2025 in Las Vegas, Ross Ulbricht, the founder of Silk Road, emphasized the need for the crypto community to remain unified and decentralized in order to maintain their freedom. Ulbricht, who was recently released from prison, recounted a story from his youth about dealing with a wasp infestation in a remote cabin. He used this story to illustrate his point that with…
May 30, 2025, 1:53 a.m.
Policy
Two Men Accused of Kidnapping and Torturing Cryptocurrency Investor in Manhattan Plead Not Guilty
The two suspects in the high-profile case of kidnapping and torture of an Italian cryptocurrency investor have entered not-guilty pleas, as the investigation extends to involve the New York Police Department. William Duplessie, 33, and John Woeltz, 37, were arrested by New York police, along with a 24-year-old woman, Beatrice Folchi, whose prosecution has been deferred. The victim, whose identity…
May 29, 2025, 10:18 p.m.
Policy
US Securities and Exchange Commission Moves to Drop Lawsuit Against Binance
In a recent court filing, the US Securities and Exchange Commission has opted to dismiss its long-standing lawsuit against cryptocurrency exchange Binance. The decision was made without providing any explanation. The SEC and Binance jointly submitted a motion to pause the case, citing the SEC's new crypto task force's efforts to establish a regulatory framework for cryptocurrency assets. Accordin…
May 29, 2025, 10 p.m.
Policy
Nigel Farage Pledges to Spearhead Crypto Reform and Establish Bitcoin Reserve in the UK
Nigel Farage, leader of Reform UK, has vowed to introduce crypto-friendly laws and create a bitcoin reserve at the Bank of England if his party comes to power. Speaking at a Bitcoin conference in Las Vegas, Farage outlined the Crypto Assets and Digital Finance Bill, which his party plans to campaign for and implement after winning the general election. The proposed legislation will prevent banks …
May 29, 2025, 9:45 p.m.
Policy
US House Republicans Unveil Landmark Cryptocurrency Market Regulation Bill
Top House Republicans have officially introduced their latest bill, the Digital Asset Market Clarity Act, which seeks to create a regulatory framework for digital asset markets, a long-standing demand of the industry. This bill is the successor to the Financial Innovation and Technology for the 21st Century Act and is being championed by leading Republicans on the House Financial Services and Hou…
May 29, 2025, 9:10 p.m.