Bootstrap Gallery
  1. Home
  2. Policy
Latest Policy News 🔥
Policy
Parents of Sam Bankman-Fried Pursue Presidential Clemency
According to a recent report, the parents of imprisoned cryptocurrency figure Sam Bankman-Fried are seeking a presidential pardon from Donald Trump. Joseph Bankman and Barbara Fried, both professors at Stanford Law School and closely tied to FTX, have been engaging with individuals connected to Trump's inner circle to discuss potential clemency for their 32-year-old son. This move comes after Sam…
Jan. 31, 2025, 6:02 a.m.
Policy
Pump.Fun Faces Proposed Class Action Lawsuit Over Alleged Securities Law Violations
A proposed class action lawsuit has been filed against memecoin generator Pump.fun, alleging the company and its executives have accumulated nearly $500 million in fees while disregarding US securities laws. The lawsuit, filed in the Southern District of New York, centers on the ambiguity surrounding the classification of tokens as securities. Although the suit asserts that all tokens created usi…
Jan. 30, 2025, 9:36 p.m.
Policy
Czech National Bank Greenlights Exploration of Bitcoin as Potential Reserve Asset
The possibility of Bitcoin being added to the balance sheet of a European central bank has taken a step forward after the Czech National Bank's board approved a proposal to investigate investing its reserves in alternative assets. The central bank's Governor, Aleš Michl, has expressed interest in diversifying the bank's portfolio, with bitcoin being a potential addition. 'My objective is to diver…
Jan. 30, 2025, 5:42 p.m.
Policy
T3 Financial Crime Unit Collaborates with Spanish Authorities to Seize $26.4M in Assets Linked to Organized Crime
The T3 Financial Crime Unit, a collaborative initiative between Tron, Tether, and TRM Labs, has played a crucial role in assisting Spanish authorities in dismantling a large-scale, multinational financial crime syndicate operating across various European jurisdictions. The syndicate allegedly provided money laundering services to criminal organizations, facilitating the conversion of cash into cr…
Jan. 30, 2025, 6:18 a.m.
Policy
Elizabeth Warren Questions Lutnick's Ties to Tether as He Faces Senate Confirmation
As President Donald Trump's nominee for Secretary of Commerce, Howard Lutnick is facing scrutiny from Senator Elizabeth Warren regarding his firm's relationship with Tether, a leading global stablecoin issuer. As CEO of Cantor Fitzgerald, which serves as Tether's US banker, Lutnick has been accused by Warren of supporting a cryptocurrency operation with alleged ties to illicit activities. In a le…
Jan. 29, 2025, 5:47 p.m.
Policy
Bitstamp and Crypto.com to Halt Certain Stablecoin Services in Compliance with MiCA Regulations
As of January 31, digital asset exchanges Bitstamp and Crypto.com will be suspending specific token services that are deemed non-compliant with the European Union's Markets in Crypto Assets (MiCA) legislation. This move affects stablecoins such as Tether's USDt and Paypal's PYUSD, which will no longer be tradable on Bitstamp's platforms but will still be permitted for custody. Similarly, Crypto.c…
Jan. 29, 2025, 11:26 a.m.
Policy
EFF Advocates for Dismissal of Charges Against Roman Storm in Tornado Cash Case
A leading digital rights organization, the Electronic Frontier Foundation, has submitted a supporting brief for Roman Storm, a key figure in the development of the TORN crypto privacy protocol, currently trading at $10.93. Storm faces charges of conspiracy to facilitate money laundering, operating an unregistered money transmitter, and violating sanctions related to his work on Tornado Cash. The …
Jan. 29, 2025, 5:33 a.m.
Policy
KuCoin Agrees to Pay Almost $300 Million in Fines Following Guilty Plea to US Charges
KuCoin has pleaded guilty to operating an unlicensed money transmission service and will pay over $297 million in penalties, according to a statement released by the US Attorney's Office for the Southern District of New York on Monday. US Attorney Danielle R. Sassoon noted that KuCoin intentionally avoided implementing necessary anti-money laundering policies aimed at identifying and preventing i…
Jan. 28, 2025, 5:07 a.m.
Policy
New Treasury Secretary Scott Bessent Confirmed, Expected to Focus on Tax Reform Before Crypto Regulation
Following his confirmation by the U.S. Senate, Scott Bessent is set to become the top financial official in President Donald Trump's administration, overseeing the implementation of crypto directives outlined by the president. As a known enthusiast of digital assets and a former hedge fund manager, Bessent's nomination has been met with interest from the crypto sector. During his confirmation hea…
Jan. 27, 2025, 11:08 p.m.
Policy
Major Crypto Exchanges Obtain MiCA Licenses, Paving the Way for Expansion into 450 Million-Strong EU Market
Bitpanda, a leading crypto exchange, has announced that it has secured a prestigious Markets in Crypto Assets (MiCA) license from Germany's Federal Financial Supervisory Authority (BaFin). Similarly, OKX and Crypto.com have received accreditation from Malta, as the European Union's licensing regime opens doors to the 30 nations comprising the European Economic Area (EEA). The MiCA regulations, wh…
Jan. 27, 2025, 9:47 a.m.