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Cryptocurrency firm Tether has appointed former White House crypto policy executive Bo Hines as a strategic adviser to help steer its expansion in the United States, the company said on Tuesday.In his new role, Hines will advise on digital assets and U.S. market strategy, engaging with policymak…
A Spanish decentralized finance (DeFi) investor was hit with 9 million euros ($10.5 million) in back taxes for taking out a crypto-backed loan, according to a local media report.In a Thursday report, Spanish news outlet Periodista Digital said it obtained documents showing the investor had already d…
The US Treasury Department has issued a call for comments related to the passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law by President Donald Trump in July.In a Monday notice, the Treasury said “interested individuals and organizations” cou…
The US Securities and Exchange Commission (SEC) has delayed rulings on three high-profile crypto exchange-traded funds (ETFs), extending review deadlines into October. In notices filed Aug. 18, the agency set new decision dates of Oct. 8 for NYSE Arca’s Truth Social Bitcoin and Ethereum ETF, Oct. 16…
The US Federal Bureau of Investigation (FBI) has issued a public service announcement for victims of crypto scams looking for legal advice to recover their funds.In a Wednesday notice, the FBI said that fictitious law firms were targeting individuals who had previously been scammed out of some or al…
Key points:Bitcoin takes another shot at price discovery as volatility returns with Wall Street traders.Crypto liquidations pass $500 million in 24 hours.Ether comes within $150 of new all-time highs as institutional interest surges.Bitcoin sought new all-time highs at the Wednesday Wall Street ope…
A federal judge overseeing the case against Do Kwon has scheduled a Tuesday conference at which the Terraform Labs co-founder “may enter a change of plea.”In a Monday filing in the US District Court for the Southern District of New York (SDNY), Judge Paul Engelmayer ordered the parties to appear in …
Paxos Trust Company, the crypto infrastructure company behind PayPal’s PYUSD stablecoin, has filed to convert its New York limited-purpose trust charter into a US national trust bank charter, renewing an effort that expired in 2023.If approved, the federal charter, issued by the Office of the Comptr…
Democratic staff in the U.S. Senate Banking Committee say Republican counterparts' cryptocurrency draft bill creates a "superhighway" for assets looking to skirt regulators' authority.In a fact sheet released on Monday, the Senate Banking Committee's Democratic staff warned that the Republicans' dra…