SEC Chair Gary Gensler faced criticism from lawmakers and agency members during a House Financial Services Committee hearing over his handling of crypto regulation in the United States.
Crypto Law Articles
Crypto wallet Exodus donates $1.3M to help ‘mobilize’ US crypto voters
Exodus’ donation to a political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”
Stand With Crypto drops ‘supports crypto’ tag from Harris after backlash
A Coinbase-backed lobby group initially graded Kamala Harris as “supports crypto” but dropped the characterization after wide criticism.
Nigeria’s SEC to crack down on unregulated crypto exchanges
Nigeria’s SEC will enforce regulations on unregulated crypto businesses as it aims to protect investors and encourage innovation in the growing market.
Binance subsidiary Tokocrypto secures full license in Indonesia
Binance described Tokocrypto as its “subsidiary,” suggesting that it may have a controlling stake in the Indonesian trading platform.
Arthur Hayes’ ‘sub $50K’ Bitcoin call, Mt. Gox CEO’s new exchange, and more: Hodler’s Digest, Sept. 1 – 7
Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest
CFTC submits emergency motion to block Kalshi’s election betting contracts
The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order.
Demand for Japanese yen stablecoins is ‘only a matter of time’ — Brad Garlinghouse
Ripple CEO Brad Garlinghouse says that Japan’s efforts on regulatory clarity have allowed “entrepreneurship and investment to really thrive.”
El Salvador marks 3 years of Bitcoin adoption with $31M profit
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
Elon Musk’s ‘DOGE’ gov meme sends political speculation soaring
Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.
Durov announces disabling personal geolocation on Telegram
Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents.
US prediction market Kalshi scores ‘huge win’ against CFTC
US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC’s decision.