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SEC Demands $102M From Ripple, Dems Reportedly Prepare for Crypto Roundtable, and More — Week in Review
23.6.2024
The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the Biden administration, along with Mark Cuban and Representative Ro Khanna, are preparing for a crucial crypto roundtable. A Bank of America report reveals that younger...
Is Biden shifting strategy on digital assets ahead of a Trump debate?
21.6.2024
Though Donald Trump began accepting Bitcoin for his 2024 campaign, he often criticized cryptocurrencies while in office
Gemini launches campaign finance initiative for pro-crypto candidates
21.6.2024
The announcement from Gemini followed $2 million in personal donations from the Winklevoss brothers to former President Trump's re-election campaign
Winklevoss twins pledge $2M for Trump, claiming Biden waged war on crypto
20.6.2024
Tyler Winklevoss claimed that anyone who disagreed that Donald Trump was the pro-crypto choice for U.S. President was “delusional.”
Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market Says
18.6.2024
Meanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets
Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded
17.6.2024
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain
Gary Gensler could ‘literally cost Joe Biden the election’ — Mark Cuban
16.6.2024
The billionaire investor also intimated that any political aspirations Gensler had would amount to nothing due to the SEC chairman’s stance against cryptocurrency
Donald Trump vows to end Joe Biden's 'war on crypto'
16.6.2024
United States Presidential candidate Donald Trump reiterated his intention to take a more favorable stance towards cryptocurrency compared to the current Biden administration
President Biden announces picks for SEC, FDIC and Treasury leadership
13.6.2024
CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC
Stablecoin act gives Congress alternative to overriding Biden’s SAB 121 veto
12.6.2024
President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress override the veto with broad bipartisan support?
BODEN memecoins briefly spike after Hunter Biden guilty verdit
12.6.2024
Misspelled memecoins referencing the U.S. first family surged after President Biden’s son was convicted of lying about being a drug user when buying a revolver
Betting Odds Odds Suggest 24% Chance Joe Biden Will Exit 2024 Election Race
11.6.2024
According to a bet on Polymarket, a decentralized predictions platform powered by Polygon, there’s a wager on whether current U.S. President Joe Biden will exit the 2024 election race. Currently, the likelihood of Biden stepping down has grown over the past few months to a 24% probability,...
Libertarian VP nominee: No new regulatory structure needed for crypto
10.6.2024
Mike ter Maat spoke with Cointelegraph on the role digital assets might play in the 2024 U.S. presidential elections, the Fed looking into CBDCs, and Donald Trump’s conviction
Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over Biden
9.6.2024
Ten days ago, after former President Donald Trump was convicted on 34 counts connected to a hush-money scheme, Polymarket bets indicated his chances of winning the 2024 election still stood at 54%, compared to incumbent President Joe Biden’s 40%. Since that time, the gap between Trump and Biden...
Donald Trump doubles down on crypto support at fundraiser event — Report
8.6.2024
Donald Trump reportedly announced his goal to be the "crypto president" at the event, where he raised $12 million
Dumbed down Google and Microsoft AI won’t discuss any presidential elections
7.6.2024
Meanwhile, Anthropic’s Claude 2, Meta’s Llama, and OpenAI’s ChatGPT seemingly have no qualms about discussing elections past, present, or future
US Lawmakers: Jailed Binance Executive, US Citizen, Wrongfully Detained by Nigeria
6.6.2024
A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer Gambaryan’s case to the Office of Special Presidential...
SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
5.6.2024
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed...
US political change could expose crypto to $20T industry: Bitwise
5.6.2024
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan
Ethereum ETF excitement? ETH futures tell a different story
4.6.2024
ETH futures reflect pessimism with crypto regulation and potential delay in the spot ETF launch