US President Donald Trump has issued five pardons for figures in the crypto and blockchain industries, and may have received requests from Changpeng Zhao and Sam Bankman-Fried.
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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Bitzlato co-founder requests US pardon after guilty plea — Report - News
US Democrats push back on digital asset bills with ‘anti-crypto corruption week’ House Republicans announced a "crypto week" to consider three digital asset bills starting on Monday, but Democratic leaders are pushing back.
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Binance helped create World Liberty Financial stablecoin — Report A Friday report from Bloomberg suggested closer ties between US President Donald Trump's family-backed crypto business and one of the largest digital asset exchanges.
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US Senate confirms ex-Bitfury exec to lead OCC banking regulator Jonathan Gould will return to the OCC as Comptroller of the Currency to serve a five-year term following his nomination by US President Donald Trump.
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Roman Storm’s lawyers signal continuance if court allows hacker’s testimony The Tornado Cash co-founder is scheduled to go to trial on Monday, but his defense attorneys are still waiting on rulings for motions over witnesses in the case.
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US lawmakers to discuss crypto tax policy amid push to pass three bills The hearing notice suggested a focus on a tax framework for digital assets, but did not mention specific witnesses or policies previously proposed.
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Trump family-backed business votes on making governance token tradable The proposal, which launched voting on Wednesday, had more than 99% support from roughly five billion tokens at the time of publication.
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US SEC ‘Crypto Mom’ clarifies: ‘Tokenized securities are still securities’ SEC commissioner Hester Peirce echoed former chair Gary Gensler in calling for market participants to “consider meeting with the Commission and its staff.”
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US CLARITY bill could allow Tesla and Meta to evade SEC rules — Senator Warren The legislation to establish crypto market structure is one of three bills the US House of Representatives is expected to consider starting next week.
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Judge signals Tornado Cash sanctions may be barred from Roman Storm trial The judge reportedly said she would not be inclined to have attorneys bring up the US Treasury’s 2022 sanctions against Tornado Cash after they were withdrawn in March.
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Ripple CEO, ex-US regulators to address market structure at Senate hearing The hearing will come after the US Senate passed legislation to address stablecoin regulation and Republican House leadership said they would handle three bills starting on Monday.
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Japanese company moves to align CEO with Bitcoin strategy, full salary paid in BTC The CEO, who was just appointed in June, is also listed among the management of Japan-based crypto exchange BITPoint.
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Casascius bar owner gets less physical, moves BTC to wallet after 13 years “This was more about staying safe than suddenly getting rich,” said a crypto user who converted a 100-BTC Casascius bar they bought in 2012.
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Court ends Coin Center-US Treasury appeal over Tornado Cash The dismissal came days before Tornado Cash developer Roman Storm was scheduled to face charges in US federal court.
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UAE Golden Visa is ‘being developed independently‘ — TON Foundation The TON Foundation distanced itself from initial Golden Visa claims, saying the move is an independent initiative with no official backing from the United Arab Emirates government.
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Sweden’s justice minister says to ‘turn up the pressure’ on crypto seizures Gunnar Strömmer reportedly said that Swedish authorities had confiscated more than $8.3 million worth of criminal profits since a law related to seizures was passed in 2024.
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Turkish authorities block PancakeSwap in crackdown on crypto websites The decentralized exchange was one of 46 websites Turkey's financial regulator said would be blocked for residents.
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WhiteRock founder to be extradited over $30M ZKasino case — ZachXBT WhiteRock Finance founder Ildar Ilham was reportedly detained in the UAE more than a year after Dutch authorities announced an arrest linked to ZKasino.
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Tornado Cash co-founder keeps testimony plans unclear ahead of trial Roman Storm is scheduled to appear in a New York courtroom for his criminal trial on July 14, facing money laundering and conspiracy charges.
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IRS division failed to meet standards for seizing crypto, says watchdog Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases.
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Trump’s crypto ventures have added $620M to his net worth — Report With the US president’s ties to his family-backed business, World Liberty Financial, and a memecoin launch, Donald Trump has seen his personal wealth increase by millions in 2025.
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Connecticut governor approves law prohibiting crypto use in government Many provisions of the legislation, which received overwhelming support in the state House and Senate, take effect on Oct. 1.
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US Senate passes Trump’s budget bill without provision on crypto taxes Wyoming Senator Cynthia Lummis had proposed that the legislation address double taxation for cryptocurrency miners and stakers.
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Crypto PAC-backed candidate wins Virginia primary for vacant House seat Protect Progress, an affiliate of the cryptocurrency-backed Fairshake PAC, spent more than $1 million on media buys to support Democratic candidate James Walkinshaw.
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Spanish authorities arrest five people in $541M crypto fraud case Europol reported that the investigation was ongoing, but authorities had made five arrests connected to a scheme that defrauded more than 5,000 people.
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US Supreme Court will not review IRS case involving Coinbase user data A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data.
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Texas makes gold, silver legal tender following governor’s approval Governor Greg Abbott signed a bill into law allowing Texas residents to use precious metals for “day-to-day financial transactions” starting in May 2027.
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Crypto backers eye New York City mayoral race as next battleground Zohran Mamdani defeated Andrew Cuomo in the Democratic primary for New York City’s mayoral election, but he’ll be competing in a field where digital assets could be an issue.
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Anchorage ‘Safety Matrix’ faces backlash over stablecoin delistings Nick van Eck, co-founder and CEO of Agora, behind one of the stablecoins Anchorage said it would phase out, claimed inaccuracies and an inconsistently applied framework.
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Banking Committee chair sets September goal for market structure bill After passing the GENIUS stablecoin bill, Republican leadership on the Senate Banking Committee has turned its sights to digital asset market structure.