US lawmakers to meet with Trump’s crypto czar, discuss bill: Report
Some experts suggest that the US Senate is more likely to pass a funding bill to reopen the government before any crypto legislation. Source link
Coinbase Exec Criticizes Banks’ Pushback to Crypto Charter Application
The Independent Community Bankers of America (ICBA) is coming out against cryptocurrency exchange Coinbase’s application for a National Trust Company Charter in the US — a move that could threaten banks’ interests as the company moves closer to traditional finance. In a Monday letter to the US Office of the Comptroller of the Currency (OCC)…
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Coinbase exec criticizes banks’ pushback against crypto charter application
The US-based cryptocurrency exchange applied for a national trust charter in October as part of its plans to “bridge the gap“ with traditional finance. Source link
What’s at Stake for Sam Bankman-Fried’s Long-awaited Appeal?
With 19 years remaining for Sam “SBF” Bankman-Fried in prison, the former FTX CEO’s legal team will present arguments in the appellate court as to why a panel of judges should consider overturning his conviction or sentence. On Tuesday, the US Court of Appeals for the Second Circuit will hear oral arguments from SBF’s lawyers.…
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Coin Center files brief in Ethereum MEV trial, disputes ‘honest validation’ theory
The advocacy organization filed a brief opposing prosecutors’ arguments that two brothers presented themselves as “honest validators” to allegedly pull off a $25-million exploit. Source link
Coin Center Files Brief in MEV Bot Case after Prosecutors’ Opposition
Cryptocurrency advocacy organization Coin Center has weighed in on the ongoing criminal trial of two brothers who allegedly exploited the Ethereum blockchain using maximal extractable value (MEV) bots. In a Monday amicus curiae brief — a document filed by an entity that is not a party to the case — Coin Center argued against one…
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Amid US Gov’t Shutdown, Lawmakers Working to Pass Market Structure: Report
Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no end in sight. According to a Bloomberg report published on Thursday, several Republicans in the Senate, including those with leadership positions on key committees, plan to pass legislation on digital asset market structure by…
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US Senator Questions USD1 Launch on Binance.US Following CZ Pardon
Connecticut Senator Chris Murphy is calling out Binance.US, alleging the cryptocurrency exchange played a role in US President Donald Trump’s pardon of former Binance CEO Changpeng “CZ” Zhao. In a Tuesday X post, Murphy responded to a social media post by Binance.US announcing the launch of trading for USD1, the stablecoin tied to the Trump…
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Pro-Crypto Org Backs Andrew Cuomo for NYC Mayor as Election Approaches
Innovate NY, a self-described “pro-digital assets” political organization funded with about $100,000 ahead of the New York City mayoral election, has backed independent candidate and former state Governor Andrew Cuomo. In a Tuesday notice, Innovate NY endorsed Cuomo for mayor, the race for which is already in the middle of early voting. The political group…
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US Prosecutors Object to Crypto Policy Arguments amid MEV Bot Trial
US prosecutors are pushing back against efforts to introduce crypto policy arguments in the case of two brothers accused of exploiting Ethereum using maximal extractable value (MEV) bots. In a Tuesday filing in the US District Court for the Southern District of New York, US prosecutors opposed an amicus curiae — a brief filed by…
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