Author: Cointelegraph By Turner Wright

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Solana Event Shortened Amid Crypto Crackdown in China: Report

Some members of Solana’s Chinese community have reportedly expressed concerns that attendees were denied entry to a blockchain event as the country continues its crackdown on digital assets. According to a Wednesday report from the South China Morning Post, the Solana Accelerate APAC series event being held in Shenzhen on Tuesday was cut short amid…
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CZ Weighing Lawsuit Against US Senator over Money Laundering Claim: Report

Former Binance CEO Changpeng “CZ” Zhao is reportedly considering filing a libel suit against Massachusetts Senator Elizabeth Warren over claims related to him allegedly bribing US President Donald Trump for a pardon. According to a Tuesday New York Post report, Zhao’s lawyer, Teresa Goody Guillén, a partner at Baker & Hostetler, said the former Binance…
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30% YoY Increase in Crypto Reporting

The Norwegian Tax Administration said that more people declared cryptocurrency holdings in 2024 compared to the previous year, following efforts to increase reporting.  In a Tuesday notice, Norway’s tax authority said more than 73,000 people in the country reported owning some form of cryptocurrency in their 2024 returns. The numbers marked about a 30% increase…
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French Gov’t Set to Review Motion to ‘Embrace Bitcoin and Cryptocurrencies’

Lawmakers in France are set to review a proposal that could have significant implications for the country’s adoption of digital currencies, from stablecoins to Bitcoin (BTC). In a motion for a resolution introduced on Wednesday, Éric Ciotti of the Union of the Right for the Republic led a proposal for France’s national assembly to ban…
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Republican Senator Says There’s a Small Time Frame for Passing Crypto Bill

North Carolina Senator Thom Tillis, a Republican member of the US Senate Banking Committee, reportedly warned that Congress has only a few months left to advance crypto legislation before election politics stall progress. According to a Monday Bloomberg report, Tillis said the 2026 midterm elections would likely hamper progress on any crypto bills currently moving…
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Indian Court Steps in over WazirX XRP Distribution Tied to 2024 Hack

An Indian high court issued a ruling that could impact how cryptocurrency exchanges handle claims filed by users following a hack or other incident potentially affecting their holdings. In a ruling delivered on Saturday, Justice N. Ananad Venkatesh of India’s High Court of Judicature at Madras ordered crypto exchange WazirX’s operator, Zanmai Lab, to furnish…
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Michael Selig Confirms CFTC Nomination, but Questions Linger

US Securities and Exchange Commission (SEC) official Michael Selig announced that President Donald Trump had nominated him to chair the Commodity Futures Trading Commission (CFTC), citing a focus on crypto policies. The move still requires Senate approval and comes as the agency operates with several open seats. In a Saturday X posts, Selig and White House…
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Coinbase, Ripple, and Gemini Attend Trump’s Ballroom Fundraiser: Report

US President Donald Trump hosted a dinner for companies pledging funds to build a new ballroom in the White House, with attendees reportedly including Gemini co-founders Cameron and Tyler Winklevoss, and executives from Coinbase and Ripple. According to a Wednesday Wall Street Journal report, among the donors and attendees of the dinner at the White…
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Coinbase, Ripple, and Gemini Attend Trump’s Ballroom Fundraiser

Update (Oct. 17 at 3:41 pm UTC): This article has been updated to include a statement from a White House official. US President Donald Trump hosted a dinner for companies pledging funds to build a new ballroom in the White House, with attendees including Gemini co-founders Cameron and Tyler Winklevoss, and executives from Coinbase and…
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Ripple CEO Calls for Parity in Treatment of TradFi, Crypto Companies

Ripple CEO Brad Garlinghouse said at a recent conference that crypto companies should receive the same benefits as traditional financial institutions when following the same laws and regulations. Speaking at DC Fintech Week on Wednesday, Garlinghouse said it was unlikely for regulators such as the US Securities and Exchange Commission (SEC) to roll back their…
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