The Canadian company makes inroads into US markets with a Nasdaq listing on Sept. 9, moving trading from its over-the-counter venture market.
Turner Wright
Turner Wright is a senior policy reporter at Cointelegraph, focusing on US laws and regulations related to digital assets. He writes features and news stories for the website and Cointelegraph Magazine, and is sometimes featured in one of the publication’s podcast series. He holds a bachelor’s degree in aerospace engineering from the University of Texas at Austin and started as a freelance journalist covering issues in Japan and around the world, joining the Cointelegraph team in 2020. Turner has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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Nasdaq approves SOL Strategies listing for next week - News
Trump Media closes Crypto.com deal to build $6.4B CRO treasury Trump Media said it would purchase 684.4 million CRO tokens as part of a deal with the exchange following a joint venture to create a crypto treasury.
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Wyoming stablecoin to launch on Hedera, still not available to purchase The FRNT stablecoin, backed by the US state of Wyoming, reportedly went live on seven blockchains at its August launch.
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SEC’s agenda proposes crypto safe harbors, broker-dealers reforms The proposed rule changes potentially affecting SEC guidelines on broker-dealers, custody and reporting could allow crypto companies to operate in the US with less oversight.
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ECB president calls to address risks from non-EU stablecoins Lagarde urged EU lawmakers to close gaps in regulating foreign-issued stablecoins, warning of redemption risks and euro outflows without stricter equivalence regimes.
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US Fed to hold conference on digital assets amid challenges to leadership While Fed Governor Lisa Cook attempts to argue against her dismissal in court, the central bank said it will hold an October event to address innovation in payments.
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US regulator grants Polymarket relief on event contract reporting rules The Commodity Futures Trading Commission issued a no-action letter to a crypto derivatives exchange and clearinghouse acquired by Polymarket after a July request for relief.
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Ethereum Foundation to sell 10K ETH for R&D, grants, and donations The roughly $43-million Ether sale will be one of the latest actions by the foundation following the rollout of its treasury policy in June.
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Solana’s Alpenglow upgrade clears governance vote for implementation The Solana overhaul is expected to decrease transaction finality to 150 milliseconds — increasing the speed by about 100-fold.
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Trump family’s World Liberty stake surges to $5B after token unlock The crypto company tied to the US president and his family unlocked 24.6 billion tokens, making their holdings worth about $5 billion.
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What to expect with US crypto policy as Congress comes back in session According to some Republican lawmakers, the first crypto-related priority in the Senate will be to pass legislation for market structure.
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Kalshi hires crypto influencer John Wang to lead digital assets arm The $2 billion prediction market faces CFTC scrutiny while expanding into Bitcoin deposits and betting big on new leadership to grow its crypto strategy.
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US court grants brief stay in Coinbase lawsuit involving biometric data The judge suggested that a brief stay while awaiting a ruling in a similar case in the appellate court could “reduce the burden of litigation.”
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US court signs off on $13M BlockFi settlement after objection withdrawn After a BlockFi investor withdrew an objection filed in February, a judge appeared to clear the way for the next step in a settlement of a class-action lawsuit.
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Interpol coordinates crackdown on illegal Angola-based crypto miners A mining ban went into effect in the African nation in April 2024, followed by Chinese officials warning residents not to “support or engage in virtual currency mining activities.”
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Pennsylvania state lawmaker proposes ban on public officials trading crypto The bill pushed by the representative included a ban on lawmakers and their families from “launching, promoting, or trading in coins where they hold a personal financial interest.”
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US OCC terminates 2022 order targeting Anchorage Digital over AML The financial regulator said the bank’s “compliance with laws and regulations does not require the continued existence of the order,” first issued in April 2022.
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US DOJ official signals department opposes retrial for Roman Storm Though a Justice Department official did not mention the Tornado Cash developer by name, he made many general references to enforcement cases involving similar allegations.
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Winklevoss twins donate $21M in BTC to pro-Trump PAC ahead of US midterms The Gemini co-founders, with a combined net worth in the billions, have said they will make another political contribution in support of US President Donald Trump’s crypto agenda.
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Crypto advocacy groups double down on Quintenz confirmation at CFTC amid pushback Seven organizations affiliated with crypto urged a quick confirmation of Brian Quintenz to the CFTC, though nothing was scheduled on the Senate calendar before its recess.
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US Senator Lummis: Crypto market structure bill will be law by 2026 The Wyoming lawmaker is one of the Republicans taking the lead to pass market structure in the US Senate.
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New crypto advocacy group debuts at Wyoming summit The American Innovation Project’s board includes executives from the Solana Policy Institute, Blockchain Association, Paradigm, Digital Currency Group and Coinbase.
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SEC Chair Atkins: There are very few tokens that are securities Paul Atkins spoke at Wyoming Blockchain Symposium on the SEC's Project Crypto, its relationship with the Trump administration, and its plans on handling digital asset regulations.
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Key Republican senator expects Democratic support for US crypto market structure bill The CLARITY Act awaits Senate consideration in September, with Senator Tim Scott saying he expects 12 to 18 Democrats to back the market structure bill.
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US Treasury calls for public comment on GENIUS stablecoin bill The comments, due by Oct. 17, will focus on “innovative methods to detect illicit activity involving digital assets,” as required by the GENIUS Act.
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Sherrod Brown, targeted by crypto PAC in 2024, to run for US Senate again The former Ohio senator’s 2024 race against Bernie Moreno, whose campaign was bolstered by money from the crypto industry, was one of the most expensive in the state’s history.
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Digital Currency Group sues subsidiaries over $1.1B promissory note The latest legal battle between Digital Currency Group and Genesis centered on a promissory note issued amid the collapse of Three Arrows Capital in 2022.
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US authorities to seize $2.8M in crypto from alleged ransomware operator The cryptocurrency, allegedly linked to ransomware proceeds, is expected to be added to the US crypto reserve.
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US Fed to end oversight program for banks’ crypto activities The Federal Reserve said it would sunset a program specifically to monitor banks’ digital asset activities and would integrate them back into its “standard supervisory process.”
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FBI warns of ‘fictitious law firms‘ targeting crypto scam victims The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams.