FBI director Kash Patel posted a photo a handcuffed John Daghita, as well as one of seized items including cash, thumb drives, a phone and devices resembling hardware wallets. The US Federal Bureau of Investigation (FBI) announced that it had made an arrest related to the theft of more than $46 million in cryptocurrency from…
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The US Senate will soon vote on Donald Trump’s nomination to head the US Federal Reserve after the president picked Kevin Warsh, who has previously expressed pro-Bitcoin views, to replace Fed chair Jerome Powell. In a Wednesday notice, the White House said that Trump had sent Warsh’s nomination to the Senate to be chair of…
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US President Donald Trump reportedly met with Coinbase CEO Brian Armstrong just hours before issuing a statement criticizing banks for holding a market structure bill “hostage.” According to a Tuesday Politico report, Trump met privately with Armstrong after a group of Coinbase representatives went to the White House. The details of the reported meeting were…
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Voters in North Carolina, Texas and Arkansas will decide on some of the first candidates for the 2026 midterm elections in the United States as primary season kicks off, potentially influencing the future of Congress and crypto legislation. In Texas, Democratic Representative Jasmine Crockett is running for Republican John Cornyn’s US Senate seat for Texas.…
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SEC Chair Paul Atkins and CFTC Chair Michael Selig addressed market structure, prediction markets and perpetual futures at a Tuesday event. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), said the agency will soon address how to handle perpetual futures contracts for cryptocurrencies. In a Tuesday panel hosted by the Milken Institute…
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A February report claimed that Tether had frozen about $4.2 billion worth of its USDt stablecoin allegedly connected to illicit activities since 2023. The US Justice Department is seeking to recover about $327,829 worth of stablecoins allegedly connected to a money laundering scheme part of an online romance scam. In a Monday notice, the US…
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While US Senate lawmakers have been working to pass a comprehensive digital asset market structure bill since July, some industry observers in Washington say progress could be “on hold” due to government gridlock. Since the House of Representatives passed the CLARITY Act last summer and sent the legislation to the other chamber, lawmakers have faced…
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Under the proposed law, Turkey’s president would be allowed to change the income tax rate on digital assets from zero to up to 20%. Turkey’s Justice and Development Party proposed a 10% tax on cryptocurrency income and gains as part of a draft bill amending the country’s tax laws. According to a Monday report from…
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The seizures and freezing over three months were conducted by the District of Columbia’s Scam Center Strike Force, established by US Attorney Jeanine Pirro in November. Officials with the US Department of Justice reported “freezing, seizing, and forfeiting” more than $578 million worth of digital assets tied to criminal groups as part of a task…
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A Minnesota lawmaker has introduced a bill that could ban virtual currency kiosks across the state after reports of incidents involving crypto-related scams. In a Thursday session of the Minnesota House of Representatives Commerce Finance and Policy Committee, Representative Erin Koegel said the bill, House File 3642, would address the “novel” and “minimally regulated” technology…
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