Turner Wright

David Woodcock steps into the role as US senators await answers to questions on the agency dropping lawsuits against Justin Sun and several crypto companies.

The proposed rule would direct payment stablecoin issuers to establish AML/CFT and sanctions compliance programs, and be able to “block, freeze, and reject” certain transactions.

Empty tankers will reportedly be permitted to pass through the waterway under the US-Iran deal, but certain ships will need to pay a tariff of $1 per barrel of oil in Bitcoin.

The seven House members may have affirmed the commission’s authority over prediction markets, but they questioned its inaction on insider trading.

According to the bureau, a large number of minors aged 17 and younger were included in complaints related to crypto or crypto ATMs, resulting in more than $5 million in losses.

Roman Storm, the co-founder of the crypto mixing service, still faces a possible retrial on two charges after a jury failed to reach a verdict in 2025.

As states seek to regulate prediction markets, a panel of federal judges ruled in favor of Kalshi’s position that only the CFTC has jurisdiction.

Acknowledging there is ”still a lot more work to do” before Congress can advance a market structure bill, Senator Bill Hagerty sees renewed attention starting next week.

The draft bill, yet to be signed into law by the king, marked a significant policy change for Cambodia officials in addressing scam centers.

Stephanie Cutter will join the prediction markets company as a policy adviser, having previously worked in Democratic lawmakers’ campaigns.

An executive said the social media platform could lock accounts mentioning crypto for the first time and require verification after a scammer faked reports of a tortoise's death.

Chief legal officer Paul Grewal announced the approval on Thursday, thanking OCC head Jonathan Gould, who took office less than a year ago.

According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025.

A debate over stablecoin yield, likely to impact Tether, is underway in the US government as lawmakers consider a market structure bill.

Michael Selig summarized his first 100 days overseeing the commodities regulator since being confirmed by the US Senate in December.

The #2 Texas state official called on lawmakers to study “the sudden inundation of prediction market gambling“ as other jurisdictions take the platforms to court.

The analytics platform said it would begin rolling out the agents over the summer for use in investigations and compliance.

Haverhill City Council, following other jurisdictions, is set to consider an ordinance banning crypto ATMs viewed as enabling financial fraud and money laundering.

CFTC Chair Michael Selig signaled that the agency would defer to the football league in calling for changes to event contracts that could be manipulated by a single person.

Ahead of the November midterm elections, backers are lining up behind a new hybrid political action committee that allows contributions directly to candidates.

For the first time in 13 weeks, the biggest public Bitcoin treasury company skipped a weekly purchase of the cryptocurrency without any word from Michael Saylor.

The US city is expected to pen an amicus brief in Coinbase's lawsuit against the state of Michigan, which the exchange filed ahead of its prediction markets launch.

While prediction market platforms are under legal scrutiny in the US, many Coinbase users are claiming that the app is pushing them to gamble.

Representative Stephen Lynch voiced concerns about the direction of the SEC under Donald Trump, citing dropped investigations and enforcement actions on crypto companies.

The crypto exchange has previously been in the crosshairs of Japanese regulators for offering products and services without the proper registration.

Aimed at fighting organized crime groups, the new law allows confiscated assets including crypto to be used for ”police re-equipment, training, and special operations.”

Following its successes mobilizing crypto-minded voters in 2024, Stand With Crypto said it would prioritize House races in two US states for the midterms.

The council, co-chaired by White House AI and crypto czar David Sacks and science adviser Michael Kratsios, includes Mark Zuckerberg, Larry Ellison and Jensen Huang.

Despite an IMF warning regarding the potential risks, the Marshall Islands is proceeding with a partnership which could expand its digital sovereign bond to institutional markets.

The task force will work with industry participants to develop regulatory approaches for crypto, AI and prediction markets.