Galaxy warns Senate crypto bill gives US Treasury massive surveillance power
Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Act–style measures....
Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Act–style measures....
Scheduled for release from a halfway house on Wednesday, former Alameda Research CEO Caroline Ellison will have served 440 days in federal custody....
Circle said digital financial infrastructure, including stablecoins, can save 20% of the cost of delivering humanitarian aid....
In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform....
Galaxy said that new Treasury authorities in a Senate draft could mark the largest surveillance expansion since 2001....
Why regulation favors stablecoins over Bitcoin for salaries and how compliance, volatility and payroll rules are shaping crypto wage adoption worldwide....
Customs officials referred three Chinese nationals to prosecutors over an alleged cross-border crypto laundering scheme....
The decentralized perpetuals exchange said multiple core services were affected as it worked through a rollback and recovery process....
Pakistan’s Ministry of Finance has signed an MOU with an affiliate of the Trump-backed DeFi project to target cross-border payments....
Visa has chosen BVNK to power Visa Direct pilots using stablecoins, enabling pre-funded cross-border payouts to wallets in select markets....
The Justice Department will drop its case against Nathaniel Chastain, a former OpenSea manager who successfully appealed a wire fraud and money laundering conviction....
Former NYC Mayor Eric Adams' token is off to a shaky start, with fresh allegations levied against the project....
Nearly all stablecoins track the U.S. dollar. Experiments with baskets and commodities show how hard that grip is to loosen....
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said....
The launch expands Aptos’ reach in CFTC-regulated derivatives markets and adds to Bitnomial’s altcoin futures offerings as investor interest in altcoins grows....
Article URL: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26450 Comments URL: https://news.ycombinator.com/item?id=46740644 Points: 11 # Comments: 0...
The market cap of stablecoins topped $311 billion this week as traders sought shelter from crypto market volatility....
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
Bitcoin hits $93K as volume surges, but sellers dominate—will it reach $100K or face more pressure ahead?...
KRAKacquisition Corp., a newly formed blank check firm linked to crypto exchange Kraken, proposed a $250 million public offering....