Crypto regulation, government policy, exchange compliance, and the legal landscape for digital assets.
Counting down the days: State of Crypto
The Senate's summer recess looms in one week, squeezing the legislative calendar for August and putting the Clarity Act's future in limbo. The bill, w…
What’s the Deal With Meta’s ‘Pervert Glasses’?
Meta's Ray-Ban smart glasses face mounting legal and regulatory pressure over privacy and recording capabilities. The devices, which integrate AI and …
AI Company Sues Town for Trying to Block Data Center Near National Park
An AI data center developer has filed suit against a Kentucky town blocking construction of a $4.8 billion facility near Mammoth Cave National Park. T…
Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban
Texas lawmakers are moving toward banning cryptocurrency kiosks altogether after residents lost $57 million to scams involving these machines. The sta…
Onchain, in court: What happened in crypto legal news this week
The crypto sector faced multiple legal headwinds this week as courts processed cases spanning exchange collapse litigation, regulatory enforcement, an…
Minnesota crypto ATM ban goes into effect after reported $1M losses
Minnesota's ban on cryptocurrency ATMs took effect following reports that state residents lost approximately $1 million to scams involving crypto kios…
Crypto PAC pours another $1M into Michigan House race
A crypto-aligned PAC has deployed another $1 million into Michigan's Democratic House primary, backing incumbent Shri Thanedar's re-election campaign …
Russia expands crypto mining ban to Moscow through 2032
Russia escalated its crypto mining crackdown by extending restrictions to Moscow, the Moscow Region, and parts of Kursk Region through 2032. The ban c…
US Treasury Sanctions Iranian Firms Taking Bitcoin for Hormuz Passage
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added two Iranian companies to its sanctions list, marking an escalation in fin…
South Korea’s 22% Crypto Tax Crashes Trading Volume
South Korea locked in a 22% crypto tax effective 2027 just as trading volume on its five major exchanges plummeted 55% in the first half of 2024. The …
BNB Chain Sues Ex-Employee Over A Tutorial Wallet That Became a Meme Coin
BNB Chain filed a lawsuit against a former employee who allegedly exploited a training video wallet to launch a meme token without authorization. The …
Russian decree bans crypto mining across Moscow region through 2032
Moscow's regional government has issued a decree banning cryptocurrency mining across the Moscow region through 2032, citing energy concerns. Regional…
AI Music Company Suno Loses Copyright Case in Germany
Suno, the AI music generation startup, lost a copyright lawsuit in Germany that bars the company from using copyrighted material to train its models w…
US Is Banning Foreign Robots—Even Roombas
The U.S. government has moved to restrict foreign-made robots and connected power inverters from FCC approval, citing national security concerns. The …
Circle Lands New York Trust Charter as Stablecoin Issuer Expands Regulatory Footprint
Circle has secured a New York trust charter, strengthening its regulatory position as the USDC stablecoin issuer broadens its compliance infrastructur…
Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase’s Chief Policy Officer
Coinbase Chief Policy Officer Faryar Shirzad expressed confidence that the Clarity Act will advance through Congress, citing growing bipartisan suppor…
US Closes in on Iran’s Strait of Hormuz Bitcoin Insurance Policy, Sanctions Companies
The US Treasury Department has escalated enforcement against Iran's use of Bitcoin as a sanctions-evasion tool, targeting companies that facilitate cr…
US Senators sent revised ethics rules to White House for CLARITY Act: Report
US Senators submitted revised ethics guidelines to the White House regarding the CLARITY Act, a proposed comprehensive crypto market structure bill. T…
Treasury Secretary Invokes Bitcoin Creator Satoshi Nakamoto in Plea for Clarity Act
Treasury Secretary Scott Bessent invoked Bitcoin creator Satoshi Nakamoto while pushing the Senate to fast-track the crypto market structure bill, fra…
Your 'Sexual Wellness' Pills Order Info From Hims Got Shared With Meta, Says FTC
The Federal Trade Commission has charged Hims & Hers with illegally sharing sensitive health data with Meta, Snap, and other advertising platforms. Th…
‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act
Senator Cynthia Lummis, the Wyoming Republican known as the "Bitcoin Senator," leveled fresh criticism at Democrats for blocking the crypto Clarity Ac…
Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess
The Major Cities Chiefs Association, representing law enforcement leaders from major U.S. cities, has endorsed the CLARITY Act, the cryptocurrency reg…
Senators ready to send stricter ethics rules on Trump's crypto ventures to White House, sources say
Bipartisan Senate negotiators are preparing stricter ethics rules targeting Trump's cryptocurrency ventures to send to the White House, according to s…
Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap
The Federal Reserve maintained interest rates at its December meeting, extending its pause on rate adjustments as markets brace for potential policy s…
Flock Cameras Face Growing Backlash as Privacy Concerns Reach Capitol Hill
# Flock Cameras Face Growing Backlash as Privacy Concerns Reach Capitol Hill Rep. Thomas Massie announced plans to introduce legislation blocking fed…
Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act
Republican Senator Cynthia Lummis publicly criticized Democratic lawmakers for delaying passage of the Clarity Act, legislation designed to establish …
Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report
A Democratic senator has backed the Clarity Act, the long-awaited crypto regulatory framework, but with proposed amendments focused on law enforcement…
South Korea plans stablecoin rules as opposition pushes crypto tax repeal
South Korea's financial regulator is moving to establish formal stablecoin rules as opposition parties attempt to overturn a forthcoming crypto tax. …
Apple Overtakes Nvidia—Which Will Be Bigger by End of July?
Apple's market capitalization surpassed Nvidia for the first time in weeks, signaling a potential shift in how investors view AI infrastructure spendi…
SEC Chairman Says He’s ‘Committed’ to Helping Advance Crypto Clarity Act
SEC Chairman Paul Atkins has publicly committed to advancing the crypto Clarity Act, marking a significant regulatory shift toward clearer digital ass…
Bitcoin Dips As Crypto Clarity Act Hopes Fade
Bitcoin fell as optimism surrounding the Crypto Clarity Act dimmed. Lawmakers had targeted a vote on the legislation by the following week, but moment…
Why Some Economists Want Fed Chair Warsh to Hike Rates Today
Fed Chair nominee Kevin Warsh faces pressure from economists including Joe Lavorgna to pursue an immediate rate hike, a move that would surprise marke…
U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere
The U.S. Senate has delayed floor votes on the Financial Innovation and Technology for the 21st Century Act, commonly known as the Crypto Clarity Act,…
Kalshi, Polymarket win pause against Minnesota's prediction market ban
Kalshi and Polymarket secured a temporary pause on Minnesota's prediction market ban after a federal judge determined the state's law likely violates …
US judge temporarily blocks Minnesota prediction market ban
A US federal judge granted a preliminary injunction blocking Minnesota's ban on prediction markets, allowing Kalshi and Polymarket US to continue oper…
Zimbabwe admits seven fintech projects to regulatory sandbox
Zimbabwe's financial regulator admitted seven fintech projects into its regulatory sandbox program, marking a cautious step toward legitimizing digita…
Hong Kong prepares banks for quantum threats amid tokenization push
Hong Kong's central bank is accelerating quantum-resistant infrastructure development across the financial system. The Hong Kong Monetary Authority (H…
Prediction Market Traders Brace for Surprise Fed Rate Hike
Prediction market traders are pricing in a sharply elevated risk of a July Federal Reserve rate hike. On Polymarket and Myriad, the odds climbed to 27…
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Regulation context
Crypto regulation, government policy, exchange compliance, and the legal landscape for digital assets.