Binance founder CZ walks free, former Alameda Research CEO Caroline Ellison sentenced to two years, and more: Hodlers Digest
Crypto Wet Articles
Bitcoin should be treated as a commodity, like gold — Cantor Fitzgerald CEO
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.
John Deaton vows to fight federal CBDC, calls it ’a hill to die on’
John Deaton has discussed his stance on US Federal Reserve CBDCs, regulatory clarity and government accountability in his Senate run.
‘Explosion’ in election gambling will harm public interest — CFTC
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”
Bybit bags provisional crypto license from Dubai regulator
The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai.
UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.
50 days until US election, crypto Super PAC pours $7.8M into Senate races
Crypto interest groups could determine whether Democrats or Republicans have a majority in the US Senate in 2025 by backing candidates in crucial November races.
BitGo launches regulated custody platform for native protocol tokens
The US custodian’s crypto-native clients include Worldcoin, ZetaChain and LayerZero.
Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense.
41 firms join BIS Project Agora to advance unified ledger applications
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.
US lawmakers urge top crypto ATM operators to tackle fraud
Seven Democratic US Senators have sent letters to ten of the country’s biggest Bitcoin ATM operators urging them to address fraud against elderly Americans.
Circle predicts stablecoins will become mainstream global payment method
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.