How law enforcement struggles with sophisticated crypto laundering

Gemini CEO Tyler Winklevoss said the exchange won’t hire from MIT due to the university rehiring Gary Gensler, a boycott that one commentator called “overkill.”

Adoption can’t happen without practical cross-border cooperation, which will support the growth of digital assets while managing risks and ensuring regulatory compliance.

Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households.