Author: Cointelegraph by Vince Quill

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Crypto may swing election in battleground states — law professor

According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past. Source link

SEC softens stance around SAB-121: Galaxy Research

In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote. Source link

Consumer protection watchdog warns about Tether's reserves

According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating. Source link

US diplomats pressure Nigeria to release detained Binance exec

Tigran Gambaryan, a United States citizen and former Internal Revenue Service agent, has been detained in Nigeria since February 2024. Source link

AI execs visit White House to discuss energy infrastructure

According to a Goldman Sachs report, the demand for electrical power in the United States will have grown by approximately 2.4% by 2030. Source link

Coinbase launches 'cbBTC' wrapped Bitcoin digital asset

The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New York. Source link

Ex-Alameda CEO was trying to prevent ‘AI disaster’ — former FTX employee

Caroline Ellison’s ex-boyfriend, Sam Bankman-Fried, was sentenced to 25 behind bars for his role in the collapse of the FTX exchange.  Source link

US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report

The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020. Source link

Durov announces disabling personal geolocation from Telegram

Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents. Source link

Pavel Durov breaks silence for first time since arrest

The Telegram founder is currently prohibited from leaving France and must check in with law enforcement on a weekly basis. Source link